Canadian Natural Resources: Strong Growth And Ever-Growing Dividends
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Canadian Natural Resources Limited reported strong Q4 results with record production levels and expects continued growth in 2025 due to strategic asset swaps. The company benefits from a weakening Canadian Dollar, which lowers production costs while revenues remain in US dollars, potentially boosting margins. Canadian Natural Resources increased its dividend again, offering a 5.9% yield, and continues share buybacks, making it a compelling dividend growth investment.
March 06, 2025 | 5:30 pm
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Canadian Natural Resources Limited reported strong Q4 results with record production levels and expects continued growth in 2025. The company benefits from a weakening Canadian Dollar, which lowers production costs while revenues remain in US dollars, potentially boosting margins. CNQ increased its dividend again, offering a 5.9% yield, and continues share buybacks.
The strong Q4 results and record production levels indicate robust operational performance. The weakening Canadian Dollar reduces production costs while revenues in US dollars could enhance margins. The increase in dividends and ongoing share buybacks highlight CNQ's commitment to returning value to shareholders, making it attractive for dividend growth investors.
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