Canadian Natural Resources Limited Announces Quarterly Dividend

Rhea-AI Summary

Canadian Natural Resources Limited has declared a quarterly cash dividend of C$0.425 per common share, payable on January 5, 2021, to shareholders on record as of December 9, 2020. This announcement reinforces the company's commitment to returning value to shareholders while maintaining its operations in Western Canada, the North Sea, and Offshore Africa. Investors should note the ongoing developments within the company as it navigates potential risks and uncertainties in the market.

Positive

• Quarterly cash dividend of C$0.425 per share indicates commitment to return value to shareholders.

Negative

• Potential risks and uncertainties could affect actual results compared to forward-looking statements.

CALGARY, Alberta, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.425 (forty-two and one half cents per common share). The dividend will be payable on January 5, 2021 to shareholders of record at the close of business on December 9, 2020.

Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore Africa.

CANADIAN NATURAL RESOURCES LIMITED

2100, 855 - 2nd Street S.W. Calgary, Alberta, T2P4J8   Phone: 403-514-7777   Email: ir@cnrl.com www.cnrl.com

TIM S. MCKAY President MARK A. STAINTHORPE Chief Financial Officer and Senior Vice-President, Finance JASON M. POPKO Manager, Investor Relations Trading Symbol - CNQ Toronto Stock Exchange New York Stock Exchange

Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws.  Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. Refer to our website for complete forward-looking statements www.cnrl.com

FAQ

What is the dividend amount declared by Canadian Natural Resources Limited (CNQ)?

The dividend amount declared is C$0.425 per common share.

When will the dividend for Canadian Natural Resources (CNQ) be paid?

The dividend will be payable on January 5, 2021.

What is the record date for the dividend payment of Canadian Natural Resources (CNQ)?

The record date for the dividend payment is December 9, 2020.

What are the core areas of operation for Canadian Natural Resources Limited (CNQ)?

The core areas of operation are located in Western Canada, the U.K. portion of the North Sea, and Offshore Africa.