Canadian Natural Resources Keeps Retail Traders Bullish With Dividend Hike Even As Q4 Profit Shrinks

From Stocktwits: 2025-03-06 22:48:17

Canadian Natural Resources reported a record average quarterly production of 1.47 million barrels of oil equivalent per day, despite a drop in fourth-quarter earnings to C$1.14 billion. The company raised its dividend by 4% to C$0.59 per share, with adjusted earnings of C$0.93 per share for the quarter. Canadian Natural completed acquisitions to boost production, including acquiring Chevron’s Alberta assets for $6.5 billion. President Scott Stauth emphasized the need for broader markets for Canadian oil. Retail sentiment on Stocktwits for CNQ was bullish, with shares falling 22.9% in the past year.



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