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    CNQ   CA1363851017

CANADIAN NATURAL RESOURCES LIMITED

(CNQ)
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Business Summary
Logo Canadian Natural Resources Limited
Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company's exploration and production operations are focused in North America, mainly in Western Canada; the United Kingdom (UK) portion of the North Sea; and Cote d'Ivoire and South Africa in Offshore Africa. The Company’s exploration and production activities are conducted in three geographic segments: North America, North Sea and Offshore Africa. The Oil Sands Mining and Upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations at Horizon Oil Sands and through its direct and indirect interest in Athabasca Oil Sands Project. Within Western Canada, in the Midstream and Refining segment, the Company's activities include pipeline operations, an electricity co-generation system and an investment in the North West Redwater Partnership, a general partnership formed to upgrade and refine bitumen in the Province of Alberta.

Number of employees : 9 993 people.
Sales per Business
20192020Delta
Exploration and Production11 422.0049.9%9 053.0053.6% -20.74%
Oil Sands Mining and Upgrading10 865.0047.5%7 450.0044.1% -31.43%
Midstream and Refining88.000.4%285.001.7% +223.86%
Inter-segment Elimination & Other496.002.2%105.000.6% -78.83%
CAD in Million
Sales per region
20192020Delta
North America20 790.0090.9%15 995.0094.7% -23.06%
North Sea920.004%431.002.6% -53.15%
Offshore Africa665.002.9%362.002.1% -45.56%
Inter-segment Elimination & Other496.002.2%105.000.6% -78.83%
CAD in Million
Managers
Name Title Age Since
Tim McKay President, Chief Operating Officer & Director 59 2018
Mark Stainthorpe Chief Financial Officer & Senior VP-Finance - 2019
Stephen Suche Vice President-Information & Corporate Services 59 -
Joy Romero Vice President-Technology & Innovation 62 2008
David Arnold Tuer Independent Director 70 2002
Catherine May Best Independent Director 66 2003
Gordon D. Giffin Lead Independent Director 69 2012
Frank McKenna Independent Director 72 2006
Christopher Lee Fong Independent Director 70 2010
Wilfred Arthur Gobert Independent Director 72 2010
Members of the board
Name Title Age Since
N. Murray Edwards Executive Chairman 60 -
Steve Laut Executive Vice Chairman 62 2018
Tim McKay President, Chief Operating Officer & Director 59 2018
David Arnold Tuer Independent Director 70 2002
Catherine May Best Independent Director 66 2003
Gordon D. Giffin Lead Independent Director 69 2012
Frank McKenna Independent Director 72 2006
Christopher Lee Fong Independent Director 70 2010
Wilfred Arthur Gobert Independent Director 72 2010
Annette M. Verschuren Independent Director 63 2014
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,185,595,000 1,159,385,186 97.8% 0 0.0% 97.8%
Shareholders
NameEquities%
Capital Research & Management Co. (Global Investors) 116,625,666 9.84%
Capital Research & Management Co. 93,704,100 7.90%
Capital Research & Management Co. (World Investors) 81,808,970 6.90%
Fidelity Management & Research Co. LLC 52,595,072 4.44%
Royal Bank of Canada 48,960,789 4.13%
Fidelity Investments Canada ULC 44,518,687 3.75%
The Vanguard Group, Inc. 28,434,757 2.40%
BlackRock Asset Management Canada Ltd. 26,632,293 2.25%
Canada Pension Plan Investment Board 25,509,259 2.15%
TD Asset Management, Inc. 22,873,447 1.93%
Holdings
NameEquities%Valuation
PRAIRIESKY ROYALTY LTD. (PSK) 22,637,477 10.1% 246,725,862 USD
Company contact information
Canadian Natural Resources Ltd.
855-2 Street SW
Suite 2100
Calgary, AB T2P 4J8

Phone : +1.403.517.6700
Fax : +1.403.517.7350
Web : http://www.cnrl.com
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