Canadian Natural Resources Ltd. is a leading independent oil and natural gas producer based in Calgary, Alberta, founded in 1989. The company focuses on the development, exploration, and production of hydrocarbons, with a strong portfolio that includes heavy oil, light crude oil, natural gas, and oil sands operations across Western Canada and the United Kingdom.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Canadian Natural has actively engaged in bond issuances since the early 2000s, leveraging its strong financial position to support expansion and operational initiatives. Noteworthy issuances include a $1.5 billion offering in 2016, which was used to finance acquisitions and capital expenditures, and a recent $1 billion green bond issuance in 2023 aimed at sustainability projects, reflecting the growing importance of environmental considerations in corporate finance. The company's current bond yields remain competitive within the energy sector, making them an attractive option for fixed-income investors amid fluctuating market conditions.