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Stock impact report

Canadian Natural Resources (CNQ) – Among the Energy Stocks that Fell This Week [Yahoo! Finance]

Canadian Natural Resources Limited (CNQ) 
Last canadian natural resources limited earnings: 3/5 05:00 am Check Earnings Report
US:NYSE Investor Relations: cnrl.com/investor-information
Company Research Source: Yahoo! Finance
Canadian Natural Resources Limited (NYSE:CNQ) is a senior crude oil and natural gas producer with ongoing operations in its core areas in Western Canada, the UK portion of the North Sea, and offshore Africa. Canadian Natural Resources Limited (NYSE:CNQ) was among the Canadian oil stocks that suffered a blow from the recent US blitz in Venezuela, which ended with the capture of President Nicolas Maduro. The Trump administration now wants American companies to develop the South American country's rich oil reserves and send the oil over to Gulf Coast refineries. In fact, the President has already announced that Venezuela would be ‘turning over' up to 50 million barrels of oil to the US. This could threaten Canadian producers, especially those linked to oil sands like Cenovus, as Venezuela's heavy sour crude is very similar to that coming from Alberta. Around 60% of the US crude imports come from its northern neighbor, and even if a portion of this is replaced by Venezuelan oil, it c Show less Read more
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