CALGARY - Canadian Natural Resources Ltd. continued in its quest to cut and save in the face of collapsed oil prices, announcing Thursday further spending cuts, the possibility of spinning off its Alberta royalty lands, and that its own management will ...
CALGARY - Falling oil prices have led Canadian Natural Resources Ltd. to cut deeper into its 2015 spending plans than expected as the oil and gas major announced Monday a big revision to its capital budget.
Canadian Natural Resources Ltd. was downgraded to neutral from buy at Citi Research as the firm's commodities team cut its oil price outlook following the recent Organization of the Petroleum Exporting Countries meeting.
TORONTO, March 5 (Reuters) - Canada's main stock index rose on Thursday, in a broad but shallow rally led by a jump in shares of Canadian Natural Resources Ltd after the major oil and gas producer surprised investors with strong quarterly results.
Canadian Natural Resource Ltd (USA) (NYSE:CNQ) has dropped 5.56% during the past week, however, the bigger picture is still very bullish; the shares have posted positive gains of 2.09% in the last 4 weeks.