How Canadian Natural Resources (TSX:CNQ) Supports the S&P/TSX 60 Through Oil and Gas

June 18, 2025 02:00 PM AEST | By Team Kalkine Media
 How Canadian Natural Resources (TSX:CNQ) Supports the S&P/TSX 60 Through Oil and Gas
Image source: Shutterstock

Highlights

  • Canadian Natural Resources Ltd engages in oil and natural gas production across multiple continents.
  • The company manages exploration, extraction, and infrastructure across diversified energy streams.
  • Its listing within the S&P/TSX 60 links it to broad resource representation in Canadian equity indices.

Canadian Natural Resources Ltd. (TSX:CNQ) is positioned within the energy sector, maintaining operations that span oil and natural gas production. The company’s business model supports the development of light and medium crude oil, bitumen, synthetic oil, and natural gas liquids. Its energy portfolio includes operations in Western Canada as well as offshore regions such as the North Sea and West Africa. As part of the S&P/TSX 60, the company contributes to resource and industrial representation within Canada’s equity index framework.

Its energy diversification provides exposure to multiple extraction environments and supports operations across land-based and offshore geographies.

Crude Extraction and Product Development

The company holds one of the largest portfolios of heavy and synthetic crude oil assets within the Canadian energy landscape. These operations include surface mining, steam-assisted recovery, and upgrading facilities that transform raw materials into usable industrial resources.

Oil production strategies are aligned with multi-basin capacity across Alberta and other Western Canadian territories. This segment supports integrated delivery pipelines, plant infrastructure, and refining capabilities in collaboration with regional infrastructure networks.

Natural Gas and Liquids Development

Canadian Natural Resources also develops natural gas and associated liquids across multiple basins. The company focuses on assets with scalable output while leveraging existing gas gathering systems and processing hubs.

This segment includes dry gas, wet gas, and natural gas liquids such as propane and butane. It maintains compatibility with local and export-oriented demand centers through established delivery and marketing channels.

Infrastructure and Multinational Exploration

The firm supports upstream and midstream operations, providing integration between exploration, production, and transportation systems. These facilities include wellhead infrastructure, field services, and shipping networks across Canadian and international zones.

Operational focus extends to the North Sea and Offshore Africa, where Canadian Natural Resources engages in conventional oil extraction supported by platform-based systems and joint developments. These locations expand the company’s reach into international commodity channels.

S&P/TSX 60 Representation and Sector Profile

By being included in the S&P/TSX 60, Canadian Natural Resources contributes significantly to the visibility of natural resource operations within Canadian capital markets. The index includes companies across core sectors, and Canadian Natural Resources helps define the energy subsegment’s operational footprint.

This alignment affirms its relevance across oil and gas categories and reinforces its profile as a vertically integrated entity in Canada’s energy economy.


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