March 4 (Reuters) - Canadian Natural Resources Ltd CNQ.TO :
* QTRLY EARNINGS PER SHARE $0.63
* QTRLY ADJUSTED EARNINGS PER SHARE $0.15
* QTRLY ADJUSTED FUNDS FLOW $1.44 PER SHARE
* GENERATED $694 MILLION IN FREE CASH FLOW IN Q4/20
* IN Q4 THE COMPANY ACHIEVED RECORD QUARTERLY PRODUCTION VOLUMES OF 1,201,198 BOE/D, INCREASES OF 4%
* INCREASES DIVIDEND BY 11% TO $1.88 PER SHARE ANNUALLY
* CANADIAN NATURAL RESOURCES - LIQUIDS PRODUCTION WAS STRONG IN Q4/20 AVERAGING 927,190 BBL/D, COMPARABLE TO Q4/19 LEVELS
* CANADIAN NATURAL RESOURCES - CORPORATE NATURAL GAS PRODUCTION WAS 1,644 MMCF/D IN Q4/20, INCREASES OF 13% FROM Q4/19
* CANADIAN NATURAL RESOURCES - AT CURRENT 2021 ANNUAL STRIP PRICING, TARGETS TO GENERATE ANNUAL FREE CASH FLOW OF ABOUT $4.9 BILLION TO $5.4 BILLION
* CANADIAN NATURAL RESOURCES - 2021 YEAR END DEBT TO ADJUSTED EBITDA TARGETED TO IMPROVE TO ABOUT 1.2X
* CANADIAN NATURAL RESOURCES - SEES FY 2021 TARGETED PRODUCTION RANGE OF 1,190 MBOE/D TO 1,260 MBOE/D, INCREASE OF 5% AT THE MID-POINT FROM 2020 LEVELS
* CANADIAN NATURAL RESOURCES -2021 YEAR-END DEBT TO BOOK CAPITALIZATION TARGETED TO IMPROVE TO ABOUT 29%, AT MID-POINT OF TARGETED FREE CASH FLOW RANGE
* CANADIAN NATURAL - 2021 CAPITAL PROGRAM OF ABOUT $3.2 BILLION, PROVIDES A TARGETED PRODUCTION RANGE OF 1,190 MBOE/D TO 1,260 MBOE/D
* Q4 EARNINGS PER SHARE VIEW C$0.13, REVENUE VIEW C$4.65 BILLION -- REFINITIV IBES DATA