CNQ
NYSE · Energy
Canadian Natural Resources
$47.55
+0.14 (+0.30%)
CNQ News30 articles
TSX Drops 1.1% as Shopify, Financials Drag; Oil Rally Not Enough
The TSX fell 1.1% to 36,123, dragged by Shopify's 7.8% plunge and financial sector weakness, even as oil prices rallied.
Trans Mountain's Asia Forecast: Tanker Routes, Not Total Exports
Trans Mountain's Asia forecast refers to tanker loadings, not total Canadian exports. The planned 300,000 b/d expansion could still ease the WCS discount.
Keystone XL Revival: Prairie Connector Faces 550K bpd Hurdle
South Bow's Prairie Connector, a scaled-down Keystone XL revival, faces political risk and 550,000 bpd capacity questions amid U.S.-Canada trade tensions.
Canadian Natural Resources Trails TSX as Buyback Efficiency Improves
Canadian Natural Resources (CNQ) gained 0.8% to C$56.67, underperforming the TSX, as its discounted share price boosts buyback efficiency.
Canadian Stocks Hit New High as Tech and Mining Rally Offsets Energy Slide
The S&P/TSX Composite Index reached a new closing record of 34,830.89, up 1%, as tech and mining stocks advanced, while energy shares declined on a near 7% drop in Brent crude.
Cenovus Slides on Oil Price Drop Despite TSX Record
Cenovus Energy shares fell 4.3% on Monday as oil prices dropped on renewed hopes for a U.S.-Iran deal, while the TSX Composite hit a record high.
Whitecap Resources Dips on Oil Price Plunge Despite Buyback Initiation
Whitecap Resources stock dropped 3.45% on Monday as oil prices fell sharply, with the TSX energy sector down 2.1%. The company's new buyback plan started amid the selloff.
CNQ Slips 3% as TSX Hits Record; Oil Tumbles on Iran Talks
Canadian Natural Resources shares fell 3.16% on Monday, underperforming the TSX's record run, as oil prices tumbled 5% amid U.S.-Iran negotiations. The stock closed at C$65.12.
Brent Crude Surges Past $105 on Hormuz Supply Concerns
Brent crude rose 3.2% to $105.88 on Friday as traders doubted a swift U.S.-Iran deal would restore oil flows through the Strait of Hormuz. The IEA warned of a potential supply red zone by August.
Cenovus Energy Reaches 52-Week Peak Amid Oil Supply Fears
Cenovus Energy shares climbed 4.6% to C$32.18, hitting a 52-week high as crude prices neared $100 a barrel. The company projects 2026 upstream output could reach 985,000 barrels of oil equivalent per day.
Cenovus Energy Reaches 52-Week Peak Amid Oil Price Surge
Cenovus Energy shares surged to a 52-week high as Brent crude oil prices topped $100 per barrel, driven by renewed Middle East conflicts. The company's significant debt and planned operational turnarounds underscore its exposure to volatile energy markets.
US Import Ban on Canadian Goods Takes Effect September 29
The US will prohibit imports of certain Canadian goods starting September 29, replacing a 50% tariff. Moosehead Breweries is rushing shipments to avoid supply disruptions.
EIB Eyes Canadian Critical Minerals, Yet No Deals Funded
The EIB is exploring Canadian critical-minerals financing, but no deals have been funded. Nouveau Monde Graphite's Bécancour plant decision looms.
US Procurement Order Targets Canadian Goods; BRP, Saputo Face Product-Specific Risks
A new US federal procurement order targets Canadian-origin goods, escalating the trade war. BRP and Saputo face product-specific risks, with markets awaiting implementation details.
Canadian Wealth Hits C$19T, But Gains Favor the Rich
Canada's household wealth climbed to C$19.1 trillion in Q2, but the richest 20% own 69% of financial assets, highlighting uneven gains.
BBC News Live Stream Excluded from Canadian Subscription
BBC.com's U.S. subscription includes the 24-hour BBC News livestream, but Canadian subscribers miss out due to licensing. Pricing, renewal hikes, and rights explained.
Dollarama Lifts Canadian Forecast; Australia Weighs on Margins
Dollarama raised its Canadian sales forecast after strong Q2 traffic, but a full quarter of Australia diluted group margins. Shares rose 3.3%.
Canadian Fixed Mortgage Rates Climb Despite BoC Hold; Bank Investors Eye Renewals
Fixed mortgage rates in Canada are rising due to higher bond yields, despite the Bank of Canada holding its policy rate at 2.25%. Banks face a mixed outlook as higher yields boost margins but volumes and credit risks loom.
Trump Condemns Canadian Dollar 'Imbalance' as Parity Would Demand 38% Rally
President Trump calls Canada's currency gap 'unacceptable,' but parity would require a 38% Canadian dollar rally. With tariffs looming, markets weigh the impact.
Alstom Shares Jump 3.8% on C$4.7B Canadian Rail Order
Alstom shares climbed 3.8% after Canada awarded the company a C$4.7 billion contract for 313 rail cars, boosting quarterly order intake by 14.3%.
Canadian Tire, Tim Hortons Loyalty Link Targets Spending Lift
Canadian Tire and Tim Hortons launched linked loyalty programs, targeting 13.6 million members. Stocks rose as investors focus on spending lift potential.
Stellantis Shares Slide 3% as Canadian Labor Talks Test Margin Recovery
Stellantis (STLA) shares dropped 3% amid Canadian labor negotiations, as investors weigh cost pressures against the automaker's margin recovery efforts.
Mercer's Premarket Surge Fades as Canadian Aid Isn't Enough
Mercer International's stock surged 60% premarket on a $14M Canadian aid package, but quickly gave back gains as investors weighed the repayable loan against the company's negative equity and EBITDA.
Coeur Mining tumbles 9% as Canadian guidance cut overshadows record cash flow
Coeur Mining (CDE) shares slid 8.8% after cutting Canadian output guidance, overshadowing record quarterly cash flow and higher gold production.
Ford Stock Slips After Canadian Labor Deal Secures Truck Production
Ford shares dipped 1.5% to $14.02 after a Canadian labor agreement was ratified, safeguarding truck production while limiting cost increases.
Ford Rises 4.8% as Canadian Labor Deal Eases Risk, F-150 Supply Focus
Ford's shares climbed 4.8% last week as a tentative labor agreement with Unifor reduced Canadian risk, while investors eye F-150 supply improvements and Q2 results.
WELL Health Rises After Acquiring Canadian Clinics at Attractive Multiple
WELL Health Technologies shares rose 3.1% after buying two Canadian clinics at a price lower than its own public valuation.
Ford Shares Flat as Canadian Labor Talks Begin; Inventory Poses Pricing Risk
Ford shares hover around $14 as Unifor begins Canadian labor negotiations, while elevated F-Series inventory raises potential pricing concerns.
Ford Shares Slip as Canadian Labor Talks Loom
Ford shares dropped 5.3% in a holiday-shortened week, underperforming the S&P 500, as investors brace for Unifor labor talks in Toronto that may shape Detroit Three bargaining.
Robinhood Clears Canadian Regulatory Hurdle, Eyes Growth Amid Crypto Revenue Dip
Robinhood Markets has secured regulatory approval to enter Canada through its acquisition of Coinsquare Capital Markets, with closing expected around June 1. The move comes as the company faces a 47% drop in crypto revenue.