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Canadian Natural Resources Limited Announces 2020 Fourth Quarter and Year End Results

Canadian Natural Resources Limited Announces 2020 Fourth Quarter and Year End Results
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Canadian Natural takes Keystone XL pipeline charge, raises dividend 11 per cent | iNFOnews

Canadian Natural out $143M because of Keystone XL charge, raises dividend 11 per cent

The move by U.S. President Joe Biden to cancel the Keystone XL pipeline in January continues to plague Canadian oil companies, with Canadian Natural Resources Ltd. forced to digest a related $143-million charge on its fourth-quarter results on Thursday.

Canadian Natural takes Keystone XL pipeline charge

Biden s Keystone XL cancellation continues to plague oil companies, with Canadian Natural eating $143M charge The move by U.S. President Joe Biden to cancel the Keystone XL pipeline in January continues to plague Canadian oil companies, with Calgary-based Canadian Natural Resources Ltd. forced to digest a related $143-million charge on its fourth-quarter results on Thursday. Social Sharing The Canadian Press · Posted: Mar 04, 2021 1:27 PM MT | Last Updated: March 5 This file photo shows Canadian Natural Resources Ltd. s Horizon site, about 70 kilometres north of Fort McMurray, Alta., which includes a surface oilsands mining and bitumen extraction plant, and on-site bitumen upgrading. If not for the blemish on its earnings in the last three months of 2020, analysts said the company would have registered a solid beat on expectations driven by strong oilsands mining production and operating cost cuts.(CNRL)

Canadian Natural takes Keystone XL pipeline charge, raises dividend 11 per cent

Canadian Natural takes Keystone XL pipeline charge, raises dividend 11 per cent
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