TSX:CNQOil and Gas
Record Oil Sands Production and Asset Integration Might Change The Case For Investing In Canadian Natural Resources (TSX:CNQ)
Canadian Natural Resources reported record third-quarter production of 1,620,261 barrels of oil equivalent per day and increased its 2025 production guidance following an asset swap, while its quarterly profit declined due to weaker commodity prices and a large non-cash charge.
A significant milestone was reached as the company took full ownership of the Albian oil sands mines, materially boosting its low-decline production capacity.
We’ll explore how elevated production volumes and the...