Business mix
- The company offers synthetic crude oil (SCO), mining bitumen, light and medium crude oil and NGLs, thermal bitumen, primary heavy crude oil and Pelican Lake heavy crude oil.
- Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose.
- The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975.
- Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.
Current key questions
- How sensitive are revenue and cash flow to commodity prices, production volumes, and demand in oil & gas exploration & production?
- Can capital spending, reserves, decline rates, and operating costs support durable free cash flow?
- Do balance-sheet discipline and shareholder returns remain resilient across the energy cycle?