financetom
Business
financetom
/
Business
/
Canadian Natural Resources expects higher production, lower spending in 2026
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Canadian Natural Resources expects higher production, lower spending in 2026
Nov 7, 2025 5:57 AM

Nov 7 (Reuters) - Canadian Natural Resources ( CNQ ) on

Friday forecast a modest rise in production for 2026 while

lowering total capital spending from this year's levels,

signaling a continued focus on efficiency and disciplined

growth.

The company, one of Canada's largest oil and gas producers,

said it expects 2026 output to grow about 3% from 2025,

supported by stable performance across its oil sands, liquids,

and natural gas assets.

The producer set a C$6.43 billion ($4.58 billion) capital

budget for next year, down from C$6.68 billion in 2025,

reflecting tighter spending as it targets steady resource

growth.

($1 = 1.4024 Canadian dollars)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BARC estimates 10 to 12 percent value growth over last year
BARC estimates 10 to 12 percent value growth over last year
Apr 20, 2022
The next five years of IPL rights are going up for auction soon. Broadcast Audience Research Council (BARC) has started releasing news ratings since March after being suspended since October 2020 and digital media is dominating both the ad pie and our mind space. To understand all this and more, CNBC-TV18’s Anuradha SenGupta spoke to Shashi Sinha, CEO of IPG Mediabrands, India, and Chairman of BARC India.
Prime Video announces 41 new Indian titles, expansion plan in country
Prime Video announces 41 new Indian titles, expansion plan in country
Apr 28, 2022
In an event, Streaming service Prime Video unveiled its expansion plan to double its investment in the country and also release 41 new titles. The event saw in attendance bollywood celebrities like Ajay Devgn, Abhishek Bachchan, filmmakers Raj Nidimoru and Krishna DK, Rohit Shetty, and Karan Johar, who was the host for the evening
Netflix shares tumble 26% on sharp subscriber loss erasing $40 billion market value
Netflix shares tumble 26% on sharp subscriber loss erasing $40 billion market value
Apr 20, 2022
Netflix Inc's shares took a massive beating, tumbling 26 percent in trade on Wall Street. The OTT platform has cited inflation, the war in Ukraine and fierce competition for a massive loss of subscriber base. This decline is witnessed despite the streaming platform bringing a host of new series and movies like Stranger Things, Ozark and The Grey Man.
Indian VFX industry may reach Rs 18,000 crore valuation in 2 years but lack of skilled talent could pose a challenge
Indian VFX industry may reach Rs 18,000 crore valuation in 2 years but lack of skilled talent could pose a challenge
Apr 29, 2022
India is now carving out a niche for itself in the visual effects industry. CNBC-TV18's Shraddha Tiwari and Arundathi Ramanan report that the Indian VFX industry is on a growth path that has Hollywood sitting up and taking notice.
Copyright 2023-2026 - www.financetom.com All Rights Reserved