Canadian Natural Resources Limited (NYSE: CNQ) is a Calgary-based independent oil and natural gas exploration and production company. Established in the early 1970s and publicly listed in Canada and the United States, the company is principally engaged in the exploration, development, production, and marketing of crude oil, natural gas and natural gas liquids. Its asset base spans conventional and unconventional reservoirs and includes oil sands mining and in-situ thermal projects, midstream processing and upgrading capacity, and related field operations.
The company’s operations are concentrated in Western Canada, where it develops heavy crude, bitumen from oil sands and conventional light crude and natural gas resources. Canadian Natural is known for large-scale oil sands mining and bitumen upgrading projects as well as steam-assisted gravity drainage (SAGD) in-situ developments. In addition to its Canadian portfolio, the company maintains international producing and exploration interests, supporting a diversified operational footprint and a range of production types across multiple basins.
Canadian Natural’s business model covers the full upstream cycle from exploration and reservoir development to production, processing and sales, supported by technical and operations teams focused on cost control and long-life inventory. The company is publicly traded and reports under Canadian regulatory standards; corporate governance and executive leadership are disclosed in its annual and regulatory filings. Its combination of oil sands assets, conventional production and international interests positions it as one of Canada’s larger independent energy producers.