Canadian Natural Resources Limited (CNQ) is recognized as one of the 12 Best Stocks to Buy Now for Passive Income due to its strong performance in the oil and gas industry. CNQ boasts sizable reserves, low reinvestment needs, and efficient operations which have contributed to its profitability and cash flow.

With a proven life index of 32 years and plans to increase production by 12.4% in 2025, Canadian Natural Resources Limited (CNQ) is well-positioned for growth. The company aims to drill 182 net primary heavy crude oil multilateral wells and pursue acquisitions to further enhance its output.

Canadian Natural Resources Limited (CNQ) offers a quarterly dividend of C$0.5875 per share with a dividend yield of 5.31%, showcasing its commitment to rewarding shareholders. The company has a strong track record of increasing dividends for the past 25 consecutive years, making it an attractive option for passive income investors.

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Read more at Yahoo Finance: Why Canadian Natural Resources Limited (CNQ) Belongs in a Passive Income Portfolio