Canadian Natural Resources Ltd
CNQ: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Rlz | LOCK|Jb%fq | LOCK|Xjfw<> |
Canadian Natural Resources Earnings: Memorandum Raises Growth Hopes
Canadian Natural raised its capital expenditure and production guidance to CAD 7.6 billion and 1,660 thousand barrels of oil equivalent/day, driven by M&A. Management also provided its view on a recent memorandum of understanding with the government that could unlock production growth for the basin.
