Canadian Natural Resources Ltd

CNQ: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Canadian Natural Resources Earnings: Memorandum Raises Growth Hopes

Adam Baker

Aug 6, 2026

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.

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Canadian Natural Resources Ltd

Canadian Natural Resources Earnings: Memorandum Raises Growth Hopes

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