News & Events:CNQ

Canada's main stock index fell on Friday as worries about an aggressive policy stance by major central banks hurt risk appetite even as data showed domestic retail sales rose unexpectedly in June.

Canada's oil sands mining industry on Thursday outlined proposals to release treated water from tailings ponds into northern Alberta's Athabasca River, a move environmental groups say risks damaging one of the world's largest freshwater deltas. Unlike other extractive industries in Canada, oil sands firms are not allowed to release treated tailings water.

  If history is any guide, there may be trouble ahead for shares of Canadian Natural Resources. A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions.

Canadian government-owned pipeline operator Trans Mountain Corp named Dawn Farrell, former top boss of electricity firm TransAlta Corp (TAC), as its chief executive officer and president on Wednesday. Farrell will take over from interim president Rob Van Walleghem on Aug. 15, and inherits a company struggling with ballooning costs and lengthy delays as it builds the Trans Mountain expansion project.

Canadian Natural Resources Ltd (CNQ): * SAYS HORIZON OIL SANDS UPGRADER WILL LIKELY UNDERGO 24-30 DAY TURNAROUND IN 2023. * CANADIAN NATURAL PRESIDENT SAYS CURRENTLY NOT A GREAT ENVIRONMENT FOR MERGERS AND ACQUISITIONS BECASE OF VOLATILE OIL PRICE Source text for Eikon: Further company coverage:

Canada's resource-heavy main stock index was set to open higher on Thursday, supported by a slew of robust earnings reports and firm oil and gold prices. September futures on the S&P/TSX index were up 0.3% at 7:00 a.m. ET, taking cues from the global market as worries over Nancy Pelosi's visit to Taiwan eased.

Canadian Natural Resources Ltd (CNQ) on Thursday reported quarterly profit more than doubled and announced a special dividend of C$1.50 a share, as crude prices soared on tighter energy supplies due to the Ukraine conflict. The Calgary-based company also increased its 2022 capital spending and production guidance, echoing a similar move by rival Canadian producer Cenovus Energy last week.

Canadian Natural Resources Ltd (CNQ): * CANADIAN NATURAL RESOURCES (CNQ) - TOTAL CORPORATE PRODUCTION AVERAGED APPROXIMATELY 1,211 MBOE/D IN Q2 2022. * QTRLY ADJUSTED NET EARNINGS FROM OPERATIONS DILUTED $3.26 PER SHARE. * CANADIAN NATURAL RESOURCES (CNQ)- TARGETING TO ADD APPRX 40,000 BOE/D OF ADDITIONAL PRODUCTION GROWTH IN 2023 FROM ORIGINAL 2022 MID-POINT OF GUIDANCE.

-Canadian Natural Resources Ltd (CNQ) on Thursday reported quarterly profit more than doubled and announced a special dividend of C$1.50 a share, as crude prices soared on tighter energy supplies due to the Ukraine conflict. The Calgary-based company also increased its 2022 capital spending and production guidance, echoing a similar move by rival Canadian producer Cenovus Energy last week.

Canadian Natural Resources Ltd (CNQ) reported a quarterly profit on Thursday that more than doubled as crude prices soared on tighter energy supplies due to the Ukraine conflict. The Calgary, Alberta-based company posted net earnings of C$3.5 billion, or C$3 per share, for the second quarter ended June 30, compared with C$1.55 billion or C$1.30 per share, a year earlier.

Canadian Natural Res has outperformed the market over the past 20 years by 5.54% on an annualized basis producing an average annual return of 13.57%. Currently, Canadian Natural Res has a market capitalization of $61.07 billion.

According to B of A Securities, the prior rating for Plains GP Holdings LP was changed from Underperform to Neutral. According to B of A Securities, the prior rating for Plains All American Pipeline LP was changed from Underperform to Neutral. B of A Securities upgraded the previous rating for Canadian Natural Resources Ltd from Neutral to Buy.

Someone with a lot of money to spend has taken a bullish stance on Canadian Natural Res. And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don't know. So how do we know what this whale just did?

A value stock traditionally has a lower price when compared to stock prices of companies in the same industry.

Canadian Natural Res has outperformed the market over the past 20 years by 5.39% on an annualized basis producing an average annual return of 13.17%. Currently, Canadian Natural Res has a market capitalization of $54.99 billion. Buying $100 In CNQ: If an investor had bought $100 of CNQ stock 20 years ago, it would be worth $1,175.21 today based on a price of $47.64 for CNQ at the time of writing.

Canadian Natural Resources Ltd shares are trading lower by 8.51% to $50.11 Tuesday afternoon. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Per CNBC on Tuesday, West Texas Intermediate crude is trading below $100 for the first time since May 11.

Canada is in talks with its European allies, including Spain and Germany, about exporting oil and gas from its east coast to alleviate energy constraints and provide an alternative to Europe's Russian energy imports, Foreign Minister Melanie Joly said on Wednesday.

Canadian Natural Res has outperformed the market over the past 20 years by 6.32% on an annualized basis producing an average annual return of 13.39%. Currently, Canadian Natural Res has a market capitalization of $61.51 billion.

Someone with a lot of money to spend has taken a bearish stance on Canadian Natural Res. And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don't know. So how do we know what this whale just did?

Canadian Natural Res has outperformed the market over the past 5 years by 7.21% on an annualized basis producing an average annual return of 17.12%. Currently, Canadian Natural Res has a market capitalization of $74.95 billion. Buying $1000 In CNQ: If an investor had bought $1000 of CNQ stock 5 years ago, it would be worth $2,209.94 today based on a price of $64.93 for CNQ at the time of writing.