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Chevron, Canadian Natural Resources
Canadian Natural Resources buying Chevron's Alberta assets for $6.5B US
Canadian Natural Resources Ltd. has signed a deal to buy Chevron Canada Ltd.'s interests in the Athabasca Oil Sands Project and Duvernay shale for $6.5 billion US.
Chevron to Sell Oil Sands, Shale to Canadian Natural Resources in $6.5 Billion Deal
Chevron has agreed to sell its interest in the Athabasca oil sands project and Duvernay shale in a $6.5 billion deal, it said Monday. The all-cash transaction, which is expected to close in the fourth quarter,
Chevron to sell assets for $6.5 billion to Canadian Natural Resources
Chevron is selling its assets in Athabasca Oil Sands and Duvernay Shale to Canadian Natural Resources for $6.5 billion, the oil giant said on Monday as it puts in motion its divestiture plan. The all-cash deal,
Canadian Natural Resources Limited Announces the Acquisition of Chevron's Alberta Assets and a 7% Dividend Increase
Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural" or the "Company") announces that it entered into an agreement to acquire, subject to regulatory approvals, from Chevron Canada Limited ("Chevron") its 20% interest in the Athabasca Oil Sands Project ("AOSP"),
Canadian Natural Resources signs deal to buy Chevron’s Alberta assets for US$6.5-billion
The deal includes Chevron’s 20 per cent interest in the Athabasca Oil Sands Project, and will bring Canadian Natural’s total interest in the operations to 90 per cent
Chevron to sell assets for $6.5 billion, exits Canadian shale
Chevron Canada Ltd., an indirect subsidiary of Chevron, will sell its 20% non-operated interest in the Athabasca Oil Sands Project and its 70% operated interested in the Duvernay shale to Canadian Natural Resources Ltd. (NYSE: CNQ) in an all-cash transaction.
Canadian Natural Resources: Almost All The Signs Point To A Buy
The financial outlook for Canadian Natural Resources stock points to stable crude prices, positive natural gas trends, improving profit margins. Read more here.
Opinion
Big money puts its trust in Canadian Natural Resources’ Murray Edwards
Fund managers like Capital Group take massive positions in companies like Canadian Natural because they see a business built to outperform on all fronts, from financial results to cutting carbon emiss
Canadian Natural Resources buys $6.5 billion of Chevron assets
Canadian Natural Resources (TXS: CNQ) is buying Chevron’s (NYSE: CVX) assets in Canada’s Athabasca Oil Sands and Duvernay Shale for $6.5 billion. The all-cash transaction, which is expected to close in the fourth quarter, is a part of Chevron’s strategy to divest $10 billion to $15 billion of assets by 2028.
Chevron to Sell Oil Sands, Shale Assets for $6.5 Billion to Canadian Natural
Chevron’s Canada unit plans to sell its stakes in oil sands and shale assets to Canadian Natural Resources for $6.5 billion as part of efforts to achieve divesting goal by 2028.
Chevron to divest assets worth $6.5 billion to Canadian Natural Resources
Chevron said on Monday it would sell its non-operated interest in the Athabasca Oil Sands project and its operated interest in Duvernay shale, all located in Alberta, Canada, to Canadian Natural Resources for $6.
15h
Canadian Natural Resources Limited Announces Increased Quarterly Dividend
Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that, in conjunction with the acquisition of Chevron ...
4h
Canadian Natural Resources Ltd. stock rises Monday, outperforms market
Canadian Natural Resources Ltd. closed C$6.69 below its 52-week high of C$56.50, which the company achieved on April 10th.
Calgary Herald
10h
Canadian Natural Resources buying Chevron’s Alberta assets for US$6.5B
CALGARY – Canadian Natural Resources Ltd. has signed a deal to buy Chevron Canada Ltd.’s interests in the Athabasca Oil Sands ...
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Chevron
Athabasca oil sands
Shale Assets
Alberta
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