Canadian Natural Resources reported record second-quarter 2026 results and raised its production guidance. Revenue reached CA$14,741 million and net income was CA$4,503 million. The Board affirmed a quarterly dividend of CA$0.625 per share, marking 26 consecutive years of increases, and the company repurchased CA$2,207 million of stock in the latest tranche. Management signaled it may revisit multi-billion-dollar oil sands expansion projects following a new policy memorandum of understanding with government and industry peers.
Canadian Natural Resources LtdRecord revenue and net income, dividend increase, and stock buyback.
