Canadian Natural Resources Limited is a prominent independent oil and natural gas exploration and production company based in Canada. The company is engaged in the acquisition, exploration, development, and production of crude oil and natural gas resources, with a diverse portfolio that includes both conventional and unconventional energy assets. Canadian Natural focuses on sustainable resource development, employing advanced technologies and practices to extract energy efficiently and responsibly. With a commitment to safety and environmental stewardship, the company plays a significant role in the energy sector, contributing to both local economies and global energy supply.
In times of oil market instability, high-yield large-cap stocks — defined as companies with a market capitalization of $10 billion or more — can provide a haven for investors seeking stable returns. Here is a look at 3 such stocks.
Chevron and Canadian Natural Resources reached a $6.5 billion deal for Chevron's stake in oil and gas projects, part of Chevron's plan to divest assets.