Canadian Natural Resources Ltd (TSX:CNQ)
C$ 104.45 -0.14 (-0.13%) Market Cap: 111.56 Bil Enterprise Value: 121.24 Bil PE Ratio: 15.43 PB Ratio: 2.83 GF Score: 87/100

Q4 2021 Canadian Natural Resources Ltd Earnings Call Transcript

Mar 03, 2022 / 04:00PM GMT
Release Date Price: C$72.49 (-0.45%)
Operator

Good morning. We would like to welcome everyone to the Canadian Natural Resources' 2021 Fourth Quarter Earnings Conference Call and Webcast. (Operator Instructions) Please note that this call is being recorded today, March 3, 2022 at 9:00 a.m. Mountain Time.

I would now like to turn the meeting over to your host for today's call, Corey Bieber, Executive Advisor. Please go ahead, Mr. Bieber.

Corey B. Bieber
Canadian Natural Resources Limited - Executive Advisor

Thank you, operator, and good morning, everyone, and welcome to Canadian Natural's Fourth Quarter 2021 Corporate Update Conference Call. Canadian Natural had an exceptionally strong quarter financially and operationally. As I commented before, I believe our asset base is unique amongst our peer group, underpinned by long-life, low-decline assets and complemented by our conventional assets that allow significant flexibility, all of which can generate significant free cash flow. And again, all of which was strongly demonstrated in Q4.

Beyond our robust asset base, there's a corporate

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