Canadian Natural's 2026 Budget Aims to Expand Assets and Production

Key Takeaways Canadian Natural sets a C$6.3B 2026 capital budget focused on low-cost, long-life assets and returns.CNQ targets 1,590-1,650 MBOE/d in 2026, up about 3% year over year, driven by a 74% liquids mix.Canadian Natural plans 448 net wells, oil sands upgrades and C$125M for carbon capture amid a turnaround.Canadian Natural Resources Limited (CNQ) , one of North America's largest independent producers of crude oil and natural gas, unveiled its budget for 2026. With a clear commitment to maximizing sh ...