Credit Rating Report

Canadian Natural Resources Limited: Rating Report

Energy

Summary

On June 3, 2022, DBRS Limited (DBRS Morningstar) upgraded Canadian Natural Resources Limited's (CNRL or the Company) Issuer Rating and Unsecured Long-Term Debt rating to A (low) from BBB (high) and upgraded the Company's Commercial Paper rating to R-1 (low) from R-2 (high). All trends remain Stable.

Ratings

  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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