Canadian Natural (TSE:CNQ) has released an update.
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Canadian Natural Resources Limited has successfully acquired Chevron’s Alberta assets, boosting its stake in the Athabasca Oil Sands Project to 90% and gaining a significant interest in Duvernay assets. This acquisition is expected to enhance Canadian Natural’s production capacity and generate immediate free cash flow, supporting long-term shareholder value.
For further insights into TSE:CNQ stock, check out TipRanks’ Stock Analysis page.
