Canadian Natural Resources (CNQ) to reduce its 2020 capital spending budget
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/3/2026
- Wall St climbs after Fed's Waller says he could support rate hold
- Fed’s Waller open to September rate hold - if disinflation holds up
- Broadcom raises AI chip forecast as Big Tech keeps writing bigger checks
- Nvidia to acquire AI platform Hugging Face in landmark $12.9B deal
- Tesla to unveil Cybercab Texas today, details are few
Canadian Natural Resources Limited Provides a Corporate Update
March 18, 2020 5:06 PM EDTCALGARY, Alberta, March 18, 2020 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited (Canadian Natural or the Company) is providing a corporate update on its capital flexibility and its continued focus on effective and efficient operations.
Canadian Natural is well positioned through the current global COVID-19 challenges, due to our significant long life low decline asset base that has 27.8 years of reserve life based on proved reserves and 36.0 years of reserve life based on proved plus probable reserves. Of the proved reserves, 83% is derived from long life low decline assets and 77% of budgeted 2020 liquids production is... More
