Monday, January 12, 2015

Use Of Capital Flexibility In Its 2015 Budget Announced By Canadian Natural Resources Limited


Canadian Natural Resources Limited Announces the Use of Capital Flexibility in Its 2015 Budget.The original 2015 budget targeted $8.6 billion in capital expenditures resulting in a targeted 11% production growth from the midpoint of 2014 production guidance levels. The Company will utilize readily available capital flexibility of $2.4 billion resulting in a reduced targeted capital budget for 2015 of approximately $6.2 billion resulting in a targeted 7% production growth from the midpoint of 2014 production guidance levels.

More:
www.marketwired.com/press-release/canadian-natural-resources-limited-announces-use-capital-flexibility-its-2015-budget-tsx-cnq-1981885.htm

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