BNET Industries

Market Cap:$34.4B
Last Fiscal Year Sales:$12.9B
  • Public
  • CA
Dow Jones Description

Canadian Natural Resources Limited is a senior independent oil and natural gas exploration, development and production company based in Calgary, Alberta. Our operations are focused in Western Canada, the North Sea and Offshore West Africa. Canadian Natural's profitable growth has been based on the fundamental principles of effective cost control, proactive balance sheet management and a defined operating strategy. The strategy follows a balanced approach to exploration and acquisitions, combined with an emphasis on cost-effective exploitation. In addition, our core area focus enables us to better understand our production areas and product limitations.

President & Coo
Steve W. Laut
Number of Employees 4,132
Contact Information

2500 855 2 Street SW

Calgary, Alberta T2P 4J8

www.cnrl.com

(403) 517-6700

NAICS Code Crude Petroleum and Natural Gas Extraction: 211111

Recent Events

  • BRIEF-RESEARCH ALERT-Versant starts Canadian Natural Resources, 4 others

    12/01/09 - Bond / Stock Rating - View Story

  • Better than expected U.S. retail sales data sends stock markets higher

    11/16/09 - Bond / Stock Rating - View Story

  • Canadian Natural Resources CNQ Upgrade Alert, Watch for 5% Technical Downtrend Reversal

    11/06/09 - Bond / Stock Rating - View Story

  • Canadian Natural Q3 Profit Falls - Update

    11/05/09 - Stock Split / Dividend - View Story

  • Gas producer warns of rising toll 'death spiral'

    11/06/09 - Financial Announcement - View Story

  • TSX turns lower as energy and banks retreat

    10/26/09 - Bond / Stock Rating - View Story

  • Financials Drag TSX Notably Lower - Canadian Commentary

    10/13/09 - Bond / Stock Rating - View Story

  • Bay Street Stocks Headed Toward Second Straight Drop - Canadian Commentary

    9/24/09 - Bond / Stock Rating - View Story

  • Disappointing U.S. jobs data pushes TSX lower, loses ground for 2nd week

    10/02/09 - Financial Announcement - View Story

  • BRIEF-CIBC raises Nexen, Suncor price target, cuts Imperial Oil target price

    9/21/09 - Bond / Stock Rating - View Story

  • CNRL gets three-month extension to enter plea on worker deaths

    9/15/09 - Lawsuit Filed - View Story

  • Canadian Natural Resources Posts Q2 Profit - Update

    8/06/09 - Stock Split / Dividend - View Story

  • Toronto stock market falls to loss on profit-taking, Manulife dividend cut

    8/06/09 - Financial Announcement - View Story

  • Bay St. streak continues

    7/17/09 - Bond / Stock Rating - View Story

  • Todays Zacks Rank Value Buy: Canadian Natural Resources Limited

    7/15/09 - Financial Announcement - View Story

  • BRIEF-RESEARCH ALERT-Raymond James raises ratings, targets on Canadian energy cos

    6/22/09 - Bond / Stock Rating - View Story

News & Analysis

canadian natural resources ltd. and west - All News and Analysis

Decision Makers

Name (plus bio) Position
Steve W. Laut President & Coo
Douglas A. Proll CFO & Senior Vice President, Finance
Catherine M. Best Executive Vice President
Allen M. Knight Senior Vice President, Intl & Corp Dev
Jeffrey W. Wilson Senior Vice President, Exploration
Lyle G. Stevens Senior Vice President, Exploitation
Tim S. McKay Senior Vice President, Operations, North American
Allan Frankiw Vice President
Barry Duncan Vice President, Finance, International
Bill Peterson Vice President, Production, West
Cameron S. Kramer Vice President, Dev Operations
Corey B Bieber Vice President, Finance & IR
Daryl G. Youck Vice President, Exploitation East
David B. Whitehouse Vice President, Production Operations, International
David M. Haywood Vice President, Operations, International
David Payne Vice President, Exploitation, Central
Domenic Torriero Vice President
Grant M. Williams Vice President, Exploration East
James A. Edens Vice President, Business Development, Exploitation, International
James F. Corson Vice President, HR
Jeffrey J. Bergeson Vice President, Exploitation, West
Jerome W. Harvey Vice President, Commercial Operations
John Parr Vice President
Joy P. Romero Vice President, Bitumen Production
Kendall W. Stagg Vice President
Leon Miura Vice President
Lynn M. Zeidler Vice President, Horizon Construction Mgmt
Mary-Jo Case Vice President, Land
Norman F. McIntyre Vice President
Peter J Janson Vice President
Philip A. Keele Vice President
Randall S. Davis Vice President, Finance & Accounting
Reno Laeur Vice President, Dev Operations
Reno Laseur Vice President, Upgrading
Ron K. Laing Vice President, Commercial Operations
S. John Parr Vice President, Production, East
Scott G. Stauth Vice President, Field Operations
Sheldon Schroeder Vice President
Stephen C. Suche Vice President, Info & Corp Services
Terry J. Jocksch Vice President, International and Managing Director
Timothy G. Reed Vice President, HR
W. David Bell Vice-President, Exploration, International
William R. Clapperton Vice President, Regulatory, Stakeholder & Environ Affairs
Bruce E. McGrath Secretary
Keith Diakiw Production Geologist
Real J.H. Doucet Senior Vice-President, Oil Sands
Real M. Cusson Senior Vice-President, Marketing
Kay Best Director

Board of Directors

Name (plus bio) Position
Allan P. Markin Chairman
David Tuer Chair
Eldon R. Smith Chair
Gordon D. Giffin Chair
James S. Palmer Chair
Frank J. McKenna Board of Directors
Gary A. Filmon Board of Directors
John G. Langille Vice-Chairman of the Board
Keith A. MacPhail Board of Directors
N. Murray Edwards Vice Chairman
N. Murray Edwards Vice-Chairman of the Board

Organization Position Status
Canadian Natural Resources Ltd. President & Coo Current
Canadian Natural Resources Ltd. Board of Directors Current

Organization Position Status
Canadian Natural Resources Ltd. CFO & Senior Vice President, Finance Current

Organization Position Status
Canadian Natural Resources Ltd. Executive Vice President Current
Canadian Natural Resources Ltd. Chair Current
Enbridge Income Fund Board of Directors Current
Canadian Natural Resources Ltd. Director Former

Organization Position Status
Canadian Natural Resources Ltd. Senior Vice President, Intl & Corp Dev Current

Organization Position Status
Canadian Natural Resources Ltd. Senior Vice President, Exploration Current

Organization Position Status
Canadian Natural Resources Ltd. Senior Vice President, Exploitation Current

Organization Position Status
Canadian Natural Resources Ltd. Senior Vice President, Operations, North American Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Finance, International Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Production, West Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Dev Operations Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Finance & IR Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Exploitation East Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Production Operations, International Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Operations, International Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Exploitation, Central Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Exploration East Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Business Development, Exploitation, International Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, HR Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Exploitation, West Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Commercial Operations Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Bitumen Production Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Horizon Construction Mgmt Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Land Current

Mr. McIntyre was formerly the President of Petro-Canada, one of Canada's largest integrated oil and gas companies operating in Canada and internationally. His significant senior executive experience includes responsibility for business strategy, production and revenue growth, business development, investor and government relations. He led Petro-Canada's International Business Unit in London and was accountable for the company's international growth strategy where he undertook the significant expansion of its international activity resulting from the $3.2 billion acquisition of the Veba upstream business from BP. Mr. McIntyre played a key role in making Petro Canada a leading participant in the major areas of upstream opportunity in Canada, including East Coast oil, the Athabasca oil sands, Mackenzie Delta, and Western Canada gas. He currently serves as Chairman of the Board of Signal Energy Inc. and is a Director of Canadian Natural Resources Limited.

Organization Position Status
Canadian Natural Resources Ltd. Vice President Current
Petro Andina Resources Ltd Chairman of the Board of Directors, Chair of Operations & Reserves Committee Current
Canadian Natural Resources Ltd. Director Current
Petro-Canada President Former

Organization Position Status
Canadian Natural Resources Ltd. Vice President Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Finance & Accounting Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Dev Operations Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Upgrading Current

Officer of the Company since March 2009; prior thereto Commercial Operations Advisor of the Company from November 2003 to April 2004, and most recently Manager, Commercial Operations of the Company from April 2004 to March 2009.

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Commercial Operations Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Production, East Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Field Operations Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Info & Corp Services Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, International and Managing Director Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, HR Current

Organization Position Status
Canadian Natural Resources Ltd. Vice-President, Exploration, International Current

Organization Position Status
Canadian Natural Resources Ltd. Vice President, Regulatory, Stakeholder & Environ Affairs Current

Organization Position Status
Canadian Natural Resources Ltd. Secretary Current
Canadian Natural Resources Ltd. Board of Directors Current

Keith Diakiw , age 36, has served on our Board of Directors since May 15, 2007. He is a professional geologist who has field experience in Canada and Brazil. Mr. Diakiw is currently working as a Production Geologist for Canadian Natural Resources Ltd. in Fort McMurray, Alberta, Canada. From 2005 to 2006 he was employed by Wellsite Masters Ltd. as a Well Site Geologist for an oil sands drilling program. From 2003 to 2004, he worked as a Field Engineer for Schlumberger D&M in Brazil on offshore platforms, while in 2003, he was employed by EnCana Corporation as a Contract Geologist and successfully completed his NW Alberta shallow gas play project. Prior to 2003, Mr. Diakiw was attending the University of Alberta where he successfully earned a Bachelor of Science

Organization Position Status
Canadian Natural Resources Ltd. Production Geologist Current
Power Oil & Gas Inc. Board of Directors Current
University of Alberta Former

Organization Position Status
Canadian Natural Resources Ltd. Senior Vice-President, Oil Sands Current

Organization Position Status
Canadian Natural Resources Ltd. Senior Vice-President, Marketing Current

Organization Position Status
Calgary Flames Limited Partnership Co-Owner Current
Canadian Natural Resources Ltd. Chairman Current
University of Alberta Bachelor of Science Degree In Chemical Engineering Former

Mr. Tuer has over 30 years of experience in the petroleum industry. From 1994 to 2001, he was President, Chief Executive Officer and a director of PanCanadian Petroleum Limited and its parent company, PanCanadian Energy Corporation. From January 2003 to March 2005, he was President and Chief Executive Officer of Hawker Resources Inc. He currently serves as the Chairman of the Calgary Health Region and as a director of Canadian Natural Resources Limited, Rockwater Capital Corporation and Daylight Resources Trust. He is a former Assistant Deputy Minister of Energy for the Province of Alberta and also served as chairman of Mount Royal College in Calgary. Mr. Tuer received his B.Sc. in Mechanical Engineering from the University of Calgary.

Organization Position Status
Heartland Upgrader Project Director and Executive Vice Chairmann Current
Value Creation Group Technology Executive Vice Chairman, BA Energy Inc. Current
Rockwater Capital Corporation Director Current
Hawker Resources, Inc. Chief Executive Officer Former
Hawker Resources, Inc. President Former
Mount Royal College Chairman Former
University of Calgary B.Sc. In Mechanical Engineering Former

Dr. Smith is Professor Emeritus at the University of Calgary, Alberta, where he served as the Dean of the Faculty of Medicine subsequent to being Head of the Department of Medicine and the Division of Cardiology. He is a distinguished clinician and research scientist who has made major contributions to the Canadian cardiology and medical communities and in recognition of his outstanding achievements he has been appointed as an Officer of the Order of Canada. In October 2006, Dr. Smith was appointed by the Honorable Tony Clement, Minister of Health, to chair the steering committee responsible for developing a new Heart Health Strategy to fight heart disease in Canada. Dr. Smith has served as President of the Canadian Cardiovascular Society, Chairman of the Scientific Review Committee of the Heart and Stroke Foundation of Canada, and President of the Association of Canadian Medical Colleges. Dr. Smith currently serves as Editor-in-Chief of The Canadian Journal of Cardiology and is a member of a number of boards, including the Health Professions Advisory Board of Alberta, and is the founder and President of the Peter Lougheed Medical Research Foundation. He is a graduate of Dalhousie University Medical School and completed cardiology and research training at the National Heart Institute, London, U.K., and the National Institutes of Health, Bethesda, Maryland. He has published more than 250 peer-reviewed papers, book chapters, and invited contributions. Dr. Smith also serves on the boards of Canadian Natural Resources Limited and Aston Hill Financial Inc. Dr. Smith joined Vasogen’s Board in 1998 and was appointed Chairman on April 24, 2009.

Organization Position Status
Vasogen, Inc. Vice President Current
Canadian Natural Resources Ltd. Chair Current
Vasogen, Inc. Chairman Current
Vasogen, Inc. Board of Directors Current

Mr. Giffin served as a director of Bowater Incorporated from 2003 until October 2007. Mr. Giffin is currently co-chair of the Public Policy and Regulatory Affairs practice for the law firm McKenna Long & Aldridge LLP. Mr. Giffin served as U.S. Ambassador to Canada from August 1997 to April 2001. He currently serves on the boards of Canadian Imperial Bank of Commerce, Canadian National Railway Company, Canadian Natural Resources Limited, Ontario Energy Savings Corp. and TransAlta Corporation. He is also a member of the Board of Trustees of the Jimmy Carter Presidential Library.

Organization Position Status
Abitibibowater Inc. Senior Partner Current
McKenna Long & Aldridge Llp Partner Current
Canadian Natural Resources Ltd. Chair Current
TransAlta Corporation Chair Current
Green Energy Chair Current
Transalta Power Limited Chair Current
Canadian National Railway Company Board of Directors Current
Abitibibowater Inc. Board of Directors Current
Bowater Incorporated Nominating and Governance Committee Member Current
Bowater Incorporated Director Former
Canadian Natural Resources Ltd. Board of Directors Former
Emory University School of Law Juris Doctorate Former
Duke University Bachelor of Arts Former
Council on Foreign Relations member Former

Organization Position Status
Canadian Natural Resources Ltd. Chair Current
Magellan Aerospace Corporation Board of Directors Current
Rogers Sugar Income Fund Board of Directors Current
Rally Energy Corp. Director Current
TELUS Corporation Chairman Former

Organization Position Status
Canadian Natural Resources Ltd. Board of Directors Current

Organization Position Status
Canadian Natural Resources Ltd. Board of Directors Current

Organization Position Status
Canadian Natural Resources Ltd. Vice-Chairman of the Board Current
Canadian Natural Resources Ltd. President Former
Canadian Natural Resources Ltd. Board of Directors Former

Organization Position Status
Enbridge Income Fund Board of Directors Current
Canadian Natural Resources Ltd. Director Current

Organization Position Status
NuVista Energy Ltd. Chairman Current
Canetic Resources Trust Director Current
Clear Energy Inc. Director Current
Canadian Natural Resources Ltd. Board of Directors Current
Canadian Natural Resources Ltd. Chairman Former
York University Masters of Business Administration Former
University of Toronto Bachelor of Arts Degree Former

Organization Position Status
Canadian Natural Resources Ltd. Vice Chairman Current
Canadian Natural Resources Ltd. Board of Directors Current

Organization Position Status
Canadian Natural Resources Ltd. Vice-Chairman of the Board Current
Canadian Natural Resources Ltd. Board of Directors Former

Executive News

  • Canadian Natural Resources Limited Q2 2009 Earnings Call Transcript

    Seeking Alpha - 8/25/09 - View Story

  • Vasogen and IntelliPharmaCeutics to Combine to Create Publicly-traded Specialty Pharmaceutical Company

    Pharma Live - 8/18/09 - View Story

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CNQ $63.54 +0.67 (1.07% )
Volume 2,167,682
Shares Outstanding 542.2M
Market Cap 34.4B
Year High 76.51
Year Low 27.69
Earnings Per Share 8.45
P/E Ratio 7.5195
Dividend 0.3948
Yield 0.621341
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