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)