
Canadian Natural Resources Limited
Canadian Natural Resources Limited (CNQ) is a large, diversified North American oil and gas producer with operations across conventional crude, oil sands, natural gas, and heavy oil. Investors should know CNQβs performance is closely tied to commodity prices and production volumes, and the company has historically generated cash flow through a mix of production growth, asset optimisation and cost control. CNQ pays a dividend and targets capital allocation between reinvestment and shareholder returns, but payouts can change with market conditions. Environmental, social and regulatory factors β particularly emissions and oil sands policy β are material considerations. The companyβs scale and integrated asset base can provide resilience in different price environments, yet it remains exposed to cyclical volatility, geopolitical shifts, and long-term energy transition risks. This is general, educational information and not personalised advice; suitability depends on individual goals, risk tolerance and investment horizon.
Why It's Moving

CNQ hikes dividend for 25th straight year as production records fuel upbeat 2025 guidance.
Canadian Natural Resources is rewarding shareholders with a quarterly dividend increase to C$0.5875, payable January 6 to holders of record December 12, extending its 25-year streak of hikes at a 21% CAGR. This move underscores robust Q3 operations with record production volumes and signals confidence in sustained cash flows amid expanded 2025 targets.
- Achieved record Q3/25 production of 1,620 MBOE/d, up 19% year-over-year, driven by accretive acquisitions and organic growth across liquids and natural gas.
- Raised 2025 production guidance to 1,560-1,580 MBOE/d while holding operating capital steady at $5.9 billion, highlighting efficient capital deployment.
- Completed AOSP asset swap adding 31,000 bbl/d of zero-decline bitumen capacity, enhancing long-term value and operational synergies.

CNQ hikes dividend for 25th straight year as production records fuel upbeat 2025 guidance.
Canadian Natural Resources is rewarding shareholders with a quarterly dividend increase to C$0.5875, payable January 6 to holders of record December 12, extending its 25-year streak of hikes at a 21% CAGR. This move underscores robust Q3 operations with record production volumes and signals confidence in sustained cash flows amid expanded 2025 targets.
- Achieved record Q3/25 production of 1,620 MBOE/d, up 19% year-over-year, driven by accretive acquisitions and organic growth across liquids and natural gas.
- Raised 2025 production guidance to 1,560-1,580 MBOE/d while holding operating capital steady at $5.9 billion, highlighting efficient capital deployment.
- Completed AOSP asset swap adding 31,000 bbl/d of zero-decline bitumen capacity, enhancing long-term value and operational synergies.
Stock Performance Snapshot
Analyst Rating
Analysts suggest buying Canadian Natural Resources Limited's stock, with a target price of $25.11.
Financial Health
Canadian Natural Resources Limited is showing strong profits and revenue, indicating solid financial stability.
Dividend
Canadian Natural Resources' dividend yield of 4.97% is appealing for those seeking dividend income. If you invested $1000 you would be paid $49.70 a year in dividends (based on the last 12 months).
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Explore BasketWhy Youβll Want to Watch This Stock
Commodity sensitivity
CNQβs profits and cash flow move with oil and gas prices; that can lift returns in favourable markets, though volatility is common.
Operational scale matters
Large, diversified assets across conventional and oil sands can offer resilience, but environmental and regulatory pressures are important to monitor.
Capital allocation focus
Management balances reinvestment, dividends and buybacks; investors should note this can change with cash flow and market conditions.
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