Stocks in play: Canadian Natural Resources Limited

Delivered strong results in Q1/23 with effective and efficient operations on our balanced and diverse portfolio of high-quality assets. Its culture of continuous improvement, focus on cost control and disciplined capital allocation continues to drive strong financial results and maximize value for shareholders. In Q1/23, the company delivered total quarterly production of approximately 1,319 MBOE/d, including record natural gas production of 2,139 MMcf/d and liquids production of 962,908 bbl/d. It generated strong quarterly free cash flow of approximately $1.4 billion, after dividends of approximately $0.9 billion and net base capital expenditures of approximately $1.1 billion. Canadian Natural Resources Limited shares T.CNQ are trading down $1.44 at $75.00.

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