News & Events:CNQ

Canadian Natural Resources Ltd (CNQ) executives, speaking on a conference call: * CANADIAN NATURAL RESOURCES PRESIDENT SAYS 2021 CAPITAL BUDGET MAY NOT CHANGE MUCH FROM 2020 AT CURRENT STRIP PRICES. * CANADIAN NATURAL RESOURCES PRESIDENT SEES PIPELINE APPORTIONMENT 'QUITE LOW' IN THIRD QUARTER, MAYBE SLIGHTLY HIGHER IN FOURTH QUARTER Further company coverage:

Canadian main stock index's futures fell on Thursday, dragged down by weaker oil prices and a dismal earnings report by Bombardier Inc. While fewer business jet deliveries hurt the Canadian plane and train maker, which reported a loss for the second quarter, oil prices slipped following concerns about a slowdown in the economic recovery on surging infections.

Canadian Natural Resources Ltd (CNQ) posted a smaller-than-expected quarterly loss on Thursday as improved natural gas prices and cost cuts helped cushion the blow from the COVID-19 pandemic on its operations.

Canadian Natural Resources Ltd (CNQ): * CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES 2020 SECOND QUARTER RESULTS. * QTRLY LOSS PER SHARE $0.26. * QTRLY ADJUSTED LOSS PER SHARE $0.65. * Q2 ADJUSTED FUNDS FLOW PER SHARE $0.35. * PRODUCTION VOLUMES OF 1,165,487 BOE/D IN Q2/20, AN INCREASE OF 14% FROM Q2/19.

Canadian Natural Resources Ltd (CNQ) posted a quarterly loss on Thursday compared with a year-ago profit, as the oil and gas producer suffered from a slump in crude prices and demand due to the COVID-19 pandemic. The company reported a net loss of C$310 million, or 26 Canadian cents per share, in the second quarter ended June 30, from a profit of C$2.83 billion, or C$2.36 per share, a year earlier.

Commenting on the Company's second quarter 2020 results, Tim McKay, President of Canadian Natural, stated "Canadian Natural is in a strong position as a result of our capital flexibility and continued focus on cost control, which maximizes margins in a volatile commodity price environment.

Canadian Natural Resources Limited (CNQ) announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.425. The dividend will be payable on October 5, 2020 to shareholders of record at the close of business on September 18, 2020.

Six years ago, Canadian oilfield services firm Calfrac Well Services (CFWFF) commanded a C$2.1 billionmarket value and was poised for U.S. expansion. But by last month, Calfrac's market value had collapsed to just C$23 million and it deferred an interest payment on debt that does not mature for six years.

Six years ago, Canadian oilfield services firm Calfrac Well Services (CFWFF) commanded a C$2.1 billionmarket value and was poised for U.S. expansion. But by last month, Calfrac's market value had collapsed to just C$23 million and it deferred an interest payment on debt that does not mature for six years.

Canada's main stock index futures rose on Thursday, helped by higher oil prices and as investors awaited the monthly U.S. jobs report for signs of an economic rebound following the easing of coronavirus-led lockdowns. The U.S. Labor Department's employment report is likely to show record growth in jobs in June, although a surge in COVID-19 cases is threatening the fledgling recovery.

Canadian Natural Resources Ltd (CNQ): * CANADIAN NATURAL RESOURCES LIMITED PRICES US$1.1 BILLION IN 5 AND 10 YEAR NOTES. * PRICED 5 YEAR NOTES AT US$99.832/PER NOTE. * PRICED 10 YEAR NOTES AT US$99.955/NOTE Source text for Eikon: Further company coverage:

Canadian Natural Resources Limited (CNQ) announces that on June 22, 2020, the Company priced the following US$ unsecured notes: The offering is targeted to close on June 24, 2020, subject to customary closing conditions. J.P. Morgan Securities LLC, BofA Securities, Inc. and MUFG Securities Americas Inc. acted as joint book-running managers for the offering.

Canadian oil sands companies have shelved nearly C$2 billion in green initiatives in a cost-cutting drive to weather the coronavirus pandemic, a reversal in some of their commitments to reduce emissions and clean up their dirty-oil image. International oil firms left Canada in droves in recent years due to the high costs to turn a profit in the sector.

Canadian oil sands companies have shelved nearly C$2 billion in green initiatives in a cost-cutting drive to weather the coronavirus pandemic, a reversal in some of their commitments to reduce emissions and clean up their dirty-oil image. International oil firms left Canada in droves in recent years due to the high costs to turn a profit in the sector.

There will be no cap on the size of Canada's emergency loans to large companies harmed by the coronavirus pandemic but there will be multiple restrictions, the government said on Wednesday, as it recommended wearing masks in public for the first time. "We are not offering companies a bailout," Prime Minister Justin Trudeau said of the loan facility during his daily news conference.

There will be no cap on the size of Canada's emergency loans to large companies harmed by the coronavirus pandemic but there will be multiple restrictions, the government said on Wednesday, as it recommended wearing masks in public for the first time. "We are not offering companies a bailout," Prime Minister Justin Trudeau said of the loan facility during his daily news conference.

APAC Resources Ltd (APPCF): * UNIT DISPOSED IN AGGREGATE 90,000 SHARES IN CANADIAN NATURAL RESOURCES. * DEAL FOR AGGREGATE CONSIDERATION OF ABOUT C$2 MILLION Source text for Eikon: Further company coverage:

* Climate becomes growing concern to fund, other investors. * BHP, others put under observation for possible exclusion. * First exclusions made for excessive greenhouse gas emissions. * Four Canadian oil firms excluded. * More companies expected to be excluded on those grounds. By Gwladys Fouche and Terje Solsvik.

TORONTO-- Norway's sovereign wealth fund said Wednesday that it is blacklisting four of Canada's largest oil producers from its trillion-dollar portfolio, citing high carbon emissions from their operations. The decision delivered another blow to Canada's reeling oil industry, which is struggling with low oil prices and limited access to global markets. The Norwegian fund, which had more than $1.1 trillion in assets at the end of 2019, making it one of the world's largest...

Canada's main stock market index tumbled to a three-week low on Wednesday and the loonie fell against the U.S. dollar as hopes ebbed for a quick economic recovery from the coronavirus crisis and ...