Canadian Natural Resources (CNQ) Reports Q4 Loss of CDN$0.04/Share
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Canadian Natural Resources Limited Announces Quarterly Dividend
March 3, 2016 5:05 AM ESTCALGARY, ALBERTA -- (Marketwired) -- 03/03/16 -- Canadian Natural Resources Limited announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.23 (twenty-three cents) per common share. The dividend will be payable April 1, 2016 to shareholders of record at the close of business on March 18,... More
Canadian Natural Resources Limited Announces 2015 Fourth Quarter and Year End Results and 2016 Budget
March 3, 2016 5:01 AM ESTCALGARY, ALBERTA -- (Marketwired) -- 03/03/16 -- Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ)
Commenting on the fourth quarter 2015 results, Steve Laut, President of Canadian Natural stated, "2015 was a strong operational year for Canadian Natural despite the significant drop in commodity prices. In 2015, we were able to reduce original budgeted capital spending by $3.4 billion, but still delivered 8% production growth. At the same time, we significantly lowered the cost structure within all our operations, and delivered excellent reserve replacement ratios of 179% on proved developed producing reserves and 165% on total proved... More
