Canadian Natural Resources (CNQ) Declares C$0.225 Quarterly Dividend; ~2.3% Yield
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Canadian Natural Resources (CNQ) Sees Production Growth of 11% in 2015
November 6, 2014 7:20 AM ESTCommenting on the Company's 2015 budget, Steve Laut, President of Canadian Natural Resources (NYSE: CNQ), stated, "Canadian Natural targets to have significant production growth of 11% in 2015 over 2014 levels, up to a midpoint of 893,000 barrels of oil equivalent per day. Cash flow is targeted to be approximately $9.4 billion in 2015, and free cash flow is targeted to be approximately $800 million, after 2015 capital. This production growth results from targeted strong performance in all segments of our business. This demonstrates the strength of our asset base and our ability to deliver value adding projects.
As of year-end 2013 and... More
