Dividends & Buybacks ·
Canadian Natural declares $0.625 quarterly dividend, targets $800M monthly buybacks
CNQCANADIAN NATURAL RESOURCES Ltd
Canadian Natural Resources Limited announced third-quarter net earnings of approximately $3.0 billion and adjusted funds flow of $5.5 billion for the period ended September 30, 2026. The company achieved its $13 billion net debt target, reducing net debt to $12.1 billion, and now targets allocating 100% of free cash flow to share repurchases. Effective immediately, monthly buyback pace is targeted at $800 million for November and December 2026. The Board approved a quarterly cash dividend of $0.625 per common share, payable January 5, 2027, to shareholders of record on December 15, 2026. Canadian Natural Resources Limited is a senior crude oil and natural gas production company operating in Western Canada, the North Sea, and Offshore Africa.