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Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers synthetic crude oil (SCO), mining bitumen, light and medium crude oil and NGLs, thermal bitumen, primary heavy crude oil and Pelican Lake heavy crude oil. Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.
Canadian Natural Resources Limited, or CNRL or Canadian Natural is a senior Canadian oil and natural gas company that operates primarily in the Western Canadian provinces of British Columbia, Alberta, Saskatchewan, and Manitoba, with offshore operations in the United Kingdom sector of the North Sea, and offshore Côte d'Ivoire and Gabon. Wikipedia ↗
Headquarters: Calgary
www.cnrl.com ↗| Mr. Norman Murray Edwards O.C. | Executive Chairman | 65 | 10,162,355 CAD |
| Mr. Scott G. Stauth | President & Director | 59 | 4,893,711 CAD |
| Mr. Victor Clinton Darel C.A., CPA | CFO & Principal Accounting Officer | 43 | 1,667,934 CAD |
| Mr. Jay E. Froc | Chief Operating Officer of Oil Sands Mining & Upgrading | 59 | 1,794,964 CAD |
| Mr. Robin Sean Zabek | Chief Operating Officer of Exploration & Production | 53 | 1,794,964 CAD |
| Mr. Lance J. Casson | Manager of Investor Relations | — | — |
| Mr. Brenda Gayle Balog | VP of Legal & General Counsel | 56 | — |
| Mr. Ronald Keith Laing | Chief Commercial & Corporate Development Officer | 55 | — |
| Mark Anthony Overwater | Vice-President of Marketing | 57 | — |
| Dean W. Halewich | Senior Vice-President of Safety, Risk Management & Innovation | 57 | — |
| Year | Buybacks | Dividends | Acquisitions |
|---|---|---|---|
| 2021 | — | — | — |
| 2022 | 5,571 | 4,926 | -0 |
| 2023 | 3,318 | 3,891 | -0 |
| 2024 | 2,660 | 4,429 | 9,163 |
| 2025 | 1,449 | 4,871 | -0 |
Shares outstanding since 2017: -7.2% 2.22 bn → 2.06 bn. Fewer shares — the company buys them back and each holder owns more.