Canadian Natural Resources Limited
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| Type | Public |
|---|---|
| Industry | Oil and gas |
| Founded | Calgary, Alberta (1973) |
| Headquarters | Calgary, Alberta |
| Key people | Steve Laut, President Tim S. Mckay, COO Allan Markin, Chairman of the Board |
| Products | Petrochemical products |
| Revenue | $16.173 billion before royalties CAN (2008) |
| Employees | 5,200 (2012) |
| Website | CNRL.com |
Canadian Natural Resources Limited (TSX: CNQ NYSE: CNQ) is an oil and natural gas exploration, development and production company centered in Calgary, Alberta. Operations are focused in western Canada, the North Sea and offshore West Africa. It ranks number 251 on the Forbes Global 2000 list for 2009.[1]
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[edit] Operations
Corporate Headquarters resides in Calgary, Alberta. It operates field offices in Alberta, British Columbia, Saskatchewan as well as international offices in Gabon, Côte d'Ivoire and Aberdeen, Scotland.
Canadian Natural’s largest operation to date is the Horzion Oil Sands project which is located 75KM north of Fort McMurray, Alberta.
[edit] History
In 1989, Canadian Natural was an oil and natural gas company operating only in Alberta which employed 9 people, produced about 1,400 barrels (220 m3) of oil equivalent per day and had a market capitalization of about $1 million. Through growth and acquisitions, it has grown to approximately 5000 employees, production of over 565,000 barrels (89,800 m3) of oil equivalent per day and a market capitalization of approximately $40 billion.
[edit] Trading
Canadian Natural's common shares are listed on the New York Stock Exchange under the symbol CNQ and under the Toronto Stock Exchange as CNQ and CNQ.U which denotes trading in US funds.
[edit] Corporate governance
Canadian Natural is a limited liability, publicly traded corporation. Current members of the board of directors are: Catherine M. Best, N. Murray Edwards, Honourable Gary A. Filmon, Ambassador Gordon D. Giffin, John G. Langille, Steve W. Laut, Keith A.J. MacPhail, Allan P. Markin, Honourable Frank J. McKenna, James S. Palmer, Eldon R. Smith and David A. Tuer.
[edit] References
- ^ http://www.forbes.com/lists/2009/18/global-09_The-Global-2000_Rank_3.html%7Ctitle Forbes 2000 2009 version
