DBRS Morningstar Assigns Rating of BBB (high) with a Negative Trend to Canadian Natural Resources Limited’s Medium-Term Unsecured Notes Offering
Please refer to PDF document for more detail about our research: DBRS Morningstar Assigns Rating of BBB (high) with a Negative Trend to Canadian Natural Resources Limited’s Medium-Term Unsecured Notes OfferingCanadian Natural Resources is an independent crude oil and natural gas exploration, development and production company. Co.'s exploration and production operations are focused in North America, largely in Western Canada; the U.K. portion of the North Sea; and CA'te d'Ivoire, Gabon, and South Africa in Offshore Africa. Co. had total proved reserves of 5.71 billion barrels of oil equivalent. Co.'s gross proved crude oil, bitumen (thermal oil), synthetic crude oil and natural gas liquids reserves totaled 4.70 billion barrels and its gross proved natural gas reserves totaled 6,106.00 billion cubic feet.
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