CALGARY — Oil and gas heavyweight Canadian Natural Resources Ltd., fresh off two major deals, says volatility from U.S. tariffs isn’t making it hungrier more acquisitions. On its fourth-quarter conference call Thursday, an analyst asked Canadian Natural president Scott Stauth whether there may be opportunities for more acquisitions, given the company’s strong balance sheet and […]
Canadian Natural Resources states that U.S. tariffs will not affect its acquisition strategy despite its strong financial position and recent major deals. The company reported a fourth-quarter profit of $1.14 billion, increased its dividend, and saw record production in its mining segment, while also noting a tighter price gap between WTI and Western Canadian Select.
