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.