CNQ 📈 Canadian Natural Resources - Overview

Canadian Natural Resources Limited is a leading energy company that engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs). The company's diverse portfolio of products includes light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).

The company's midstream assets are strategically positioned to support its operations, featuring two pipeline systems that facilitate the transportation of its products. Additionally, Canadian Natural Resources Limited has a 50% working interest in an 84-megawatt cogeneration plant at Primrose, which provides a reliable source of power for its operations.

With a strong presence in Western Canada, the company also operates in the United Kingdom portion of the North Sea and Offshore Africa, providing a diversified geographic footprint. This allows the company to capitalize on opportunities in different regions and mitigate risks associated with operating in a single market.

Canadian Natural Resources Limited has a rich history, dating back to 1973 when it was incorporated as AEX Minerals Corporation. The company underwent a name change to Canadian Natural Resources Limited in December 1975, reflecting its shift in focus towards natural resources. Today, the company is headquartered in Calgary, Canada, and continues to be a major player in the energy industry.

For more information about Canadian Natural Resources Limited, please visit their website at https://www.cnrl.com.