Seeking Alpha

Canadian Natural Resources (CNQ +4.2%) powers higher after hiking its dividend 19% despite mixed...

Canadian Natural Resources (CNQ +4.2%) powers higher after hiking its dividend 19% despite mixed Q4 results. Despite a history of resisting JV deals that have been all the rage in the oil patch peers in recent years, CNQ says it is on the lookout for a deal to monetize about a quarter of its vast shale holdings in the Montney formation.
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