TSX:CNQOil and Gas
Canadian Natural Resources (TSX:CNQ): Valuation Check After C$1.65 Billion Medium-Term Note Offering
Canadian Natural Resources (TSX:CNQ) just raised C$1.65 billion through a three tranche medium term note offering. This gives the company fresh flexibility to manage debt and fund growth after record third quarter production and continued dividend increases.
See our latest analysis for Canadian Natural Resources.
The fresh C$1.65 billion in notes fits into a story of steady momentum, with an 8% one month share price return and a 281% five year total shareholder return suggesting investors...