Canadian Natural's 2025 Guidance Eyes Growth in Production and Capex

Canadian Natural Resources Limited (CNQ) recently announced its 2025 budget, highlighting its competitive advantage driven by its diversified asset base and flexible capital allocation strategy. The company’s capital allocation strategy is based on high-return projects that deliver maximum shareholder value. With a C$6 billion operating capital budget, the company targets strong returns on capital.The production volume for 2025 is targeted between 1,510 MBOE/d (thousand barrels of oil equivalent per day) an ...