Published in Energy & Power category by MBA Skool Team
Canadian Natural Resources is one of the leading brands in the energy & power sector. Canadian Natural Resources SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of Canadian Natural Resources:
Strong market position in the Canada energy sector, due to strong natural gas assets, vast land base, developed infrastructure and a deep and diversified inventory of drilling prospects
Strong reserve base(of both proved and provable Crude Oil, Bitumen, SCO and NGL)enables a high production capability
Strong 3-pronged marketing strategy, viz (a) capture access to markets over short, medium and long term (b) support/participate in new pipelines, and expansions of new pipelines (c) support/participate in activities which add conversion capacity
CNR has operations in North America, the North Sea and offshore West Africa, with a total employee base of nearly 6000.
Above are the strengths in the SWOT Analysis of Canadian Natural Resources. The strengths of Canadian Natural Resources looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Canadian Natural Resources Weaknesses
Overdependence on North America depriving CNR of revenues from global higher growth markets
Lower Scale of operations (revenue and employees) as compared to its competitors puts it at a cost disadvantage against them
These were the weaknesses in the Canadian Natural Resources SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Canadian Natural Resources Opportunities
JV with NWU (North West Upgrading) will help CNR optimize its resources, improve production and revenue
CNR has a Focused drilling program in its bases to increase number of active wells will lead to production growth and value creation in its reserves
CNR has a Strategic capital investment program to complement its diverse assets base, to ensure financial flexibility and increase operational efficiency
Above we covered the opportunities in Canadian Natural Resources SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Canadian Natural Resources Threats
Volatile crude oil/natural gas prices are a major threat, and significant decline in their prices can have averse effect on CNR’s financial condition
Intense competition with other Oil & natural gas companies, which are more robust in terms of assets and finances
Failure in timely reserve replacement by CNR can have adverse impact on its future cash flows
The threats in the SWOT Analysis of Canadian Natural Resources are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Hence this concludes the Canadian Natural Resources SWOT analysis.
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About Canadian Natural Resources
The table below gives the brand overview along with its target market, segmentation, positioning & USP
To develop people to work together to create value for the Company's shareholders by doing it right with fun and integrity.
Canadian Natural Resources STP
Corporates and individuals with energy requirements
Enterprises which require light/heavy oils, natural gas and gas liquids etc.
Largest heavy oil producer/second largest independent natural gas producer in Canada
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