Canadian Natural Issues FY18 Production Guidance - Quick Facts

(RTTNews) - Canadian Natural Resources Ltd. (CNQ, CNQ.TO) forecasts annual 2018 production levels to average between 802,000 and 868,000 bbl/d of crude oil and NGLs as well as between 1,550 and 1,600 MMcf/d of natural gas, before royalties.

For the fourth quarter, production guidance before royalties is forecast to average between 801,000 and 849,000 bbl/d of crude oil and NGLs as well as between 1,480 and 1,510 MMcf/d of natural gas.

Canadian Natural's annual 2018 capital expenditures are targeted to be approximately $4.6 billion.

Additionally, Canadian Natural announced its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.335 per common share, payable on January 1, 2019 to shareholders of record at the close of business on December 10, 2018.