Canadian Natural Resources

The shares of Canadian Natural Resources climbed 1.3% to CAD 71.08, driven by rising Brent prices amid geopolitical tensions and short-term buying ahead of the ex-dividend date on September 11. The company pays a quarterly dividend of CAD 0.625 per share, which is generating additional demand from dividend hunters. Upward price-target revisions by major banks and a positive backdrop on the S&P/TSX are supportive, leaving the stock trading near its 52-week high. » More on de.investing.com

Shares of Canadian Natural Resources climbed 1.1% to $68.91 and led TSX trading volume after US tariff announcements for Canadian goods focused investors on energy exporters. CIBC upgraded the stock to "Buy"; earlier Morgan Stanley, Scotiabank and TD had raised their price targets. The company reported record production and cash flow in Q2 2026; it also declared a quarterly dividend of C$0.625 with an ex-dividend date on Sept. 11. » More on de.investing.com

Canadian Natural Resources reported Q1 2026 production of about 1.643 million boe/d and adjusted net earnings of CAD 2.4 billion, with adjusted funds flow of CAD 4.4 billion. The company set multiple production records—driven by oil sands and Jackfish expansions—and returned roughly CAD 1.5 billion to shareholders through dividends and buybacks. Management raised the annualized dividend to CAD 2.50 per share and cut net debt below CAD 16 billion, triggering a policy to return 75% of free cash flow and targeting CAD 13 billion net debt to lift returns to 100%. » More on finance.yahoo.com