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Canadian Natural Resources (CNQ) investor relations material
Canadian Natural Resources Corporate Presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Corporate Presentation summary3 Oct, 2025
Strategic focus and value creation
Emphasizes premium value creation through material free cash flow and maximizing shareholder returns, supported by a strong balance sheet and disciplined growth plans.
Maintains a diversified, balanced asset base with long-life, low-decline reserves and flexible capital allocation.
Focuses on effective, efficient operations and continuous improvement, with a strong ESG commitment.
Asset base and reserves
Holds the second largest total proved reserves among global peers, with over 5 billion BOE and a 32-year Reserve Life Index.
Largest crude oil and natural gas reserves in Canada, with a significant portion being high-value SCO, light crude oil, and NGLs.
Asset portfolio is robust through all cycles, enabling sustainable production and free cash flow even in lower price environments.
Production and capital allocation
2025 production targets: 2,425–2,480 MMcf/d natural gas and 1,510–1,555 MBOE/d total production.
2025 capital budget of $6.05 billion, with disciplined allocation to highest return projects and flexibility to optimize product mix.
Recent acquisitions (Palliser Block and Grande Prairie Montney) add significant production and high-quality land.
What is the annual capital to maintain 500k bbl/d?
Update on 2025 guidance post-acquisitions?
Pathways Alliance CO2 line status and next steps?
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Next Canadian Natural Resources earnings date
Q3 20256 Nov, 2025
Next Canadian Natural Resources earnings date
Q3 20256 Nov, 2025
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Frequently asked questions
Canadian Natural Resources Limited is an Canadian oil and gas exploration and production company engaged in the acquisition, exploration for, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Canada. The Company focuses on conventional resources, including mines and thermal in situ recovery (TISR) projects. It has segments that explore for and produce crude oil, NGLs, other liquids-rich natural gas liquids (L-NGLs), natural gas and synthetic crude oil.
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