Canadian natural resources limited announces 2020 budget

Canadian natural resources limited announces 2020 budget.2020 capital budget of $4.05 billion, delivers targeted production of approximately 1,172,000 boe/d at mid-point of guidance.overall, production in 2020 is targeted to be between 1,137,000 boe/d and 1,207,000 boe/d.natural gas production guidance for 2020 is targeted to range between 1,360 mmcf/d to 1,420 mmcf/d.2020 targeted production is 10,000 bbl/d to 25,000 bbl/d less than it would have been without curtailment program.increased 2020 capital budget by about $250 million over 2019 levels adding approximately 60 drilling locations across alberta.2020 budget guidance for total capital expenditures c$4,050 millions.
CNQ Ratings Summary
CNQ Quant Ranking