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Canadian Natural Resources Limited (CNQ.TO)


Toronto - Toronto Delayed Price. Currency in CAD
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37.32+0.07 (+0.19%)
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Canadian Natural Resources Limited

2100, 855 - 2 Street S.W.
Calgary, AB T2P 4J8
Canada
403-517-6700
http://www.cnrl.com

SectorBasic Materials
IndustryIndependent Oil & Gas
Full Time Employees7,270

Key Executives

NameTitlePayExercisedAge
Mr. Norman Murray Edwards O.C.Exec. Chairman8.03MN/A57
Mr. Steve W. LautPrincipal Exec. Officer, Pres and Non-Independent Director5.83MN/A59
Mr. Corey B. Bieber CAChief Financial Officer and Sr. Vice-Pres of Fin.1.1MN/A53
Mr. Timothy Shawn McKayChief Operating Officer4.33MN/A55
Mr. Joy P. RomeroVice-Pres of Technology and InnovationN/AN/A60
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen, and synthetic crude oil (SCO). Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2016, the company’s gross proved crude oil, bitumen, SCO, and NGLs reserves totaled 4,866 million barrels; gross proved plus probable crude oil, bitumen, SCO, and NGLs reserves totaled 7,667 million barrels; proved natural gas reserves totaled 6,617 billion cubic feet; and gross proved plus probable natural gas reserves totaled 9,076 billion cubic feet. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Côte d’Ivoire, Gabon, and South Africa in Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was founded in 1973 and is headquartered in Calgary, Canada.

Corporate Governance

Canadian Natural Resources Limited’s ISS Governance QualityScore as of July 1, 2017 is 4. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 7; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.