Canada's gas giant trims spending, citing 'unusually volatile times' [Yahoo! Finance Canada]
Canadian Natural Resources Limited (CNQ)
Last canadian natural resources limited earnings: 3/5 05:00 am
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cnrl.com/investor-information
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Source: Yahoo! Finance Canada
plans for the year, citing “unusually volatile times,” and said it could cut more if gas prices remain weak. The company trimmed $400 million from its 2026 capital budget — which now sits at $2.55 billion — after an unseasonably warm winter and outages at LNG Canada dampened prices for natural gas in Western Canada. “(Tourmaline) believes that during these unusually volatile times, the optimal business approach is to steadily reduce debt and continuously improve the overall cost structure,” the company said in a statement Wednesday alongside the release of its fourth-quarter results. “It is prudent to defer certain gas-focused expenditures until a sustained, stronger local price environment materializes.” The Calgary-based producer also said it will use proceeds from the nearly $800-million sale of assets in the Peace River region to oilsands major Canadian Natural Resources Ltd. to pay down debt and help fund the build-out of its large gas complex in the Northeast B.C. Montne
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News
- Canadian Natural Resources Weighs Record Output Against Valuation And Debt Risks [Yahoo! Finance]Yahoo! Finance
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- Canadian Natural Resources raises dividend by 6% to C$0.625 [Seeking Alpha]Seeking Alpha
- Canadian Natural Resources: Q4 Earnings Snapshot [Yahoo! Finance]Yahoo! Finance
- How Record Q4 2025 Output And Softer Earnings At Canadian Natural Resources (TSX:CNQ) Has Changed Its Investment Story [Yahoo! Finance]Yahoo! Finance
CNQ
Sec Filings
- 2/12/26 - Form SCHEDULE
- 12/16/25 - Form 6-K
- 12/5/25 - Form 6-K
- CNQ's page on the SEC website