---
title: "Chevron and Canadian Natural Resources lift dividends on strong results"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286013760.md"
description: "Chevron and Canadian Natural Resources have increased their dividends, with Chevron achieving 39 consecutive years of payout increases and CNQ reaching 26 years. Both companies maintain a cost advantage, operating below current oil prices, which supports sustainable dividends. Chevron plans to execute $10–$20 billion in annual buybacks, while CNQ is also funding significant repurchases alongside its dividends."
datetime: "2026-05-12T00:41:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286013760.md)
  - [en](https://longbridge.com/en/news/286013760.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286013760.md)
---

# Chevron and Canadian Natural Resources lift dividends on strong results

Dividend streaks continue: Chevron marked 39 straight years of payout increases, and CNQ extended its run to 26 years. Cost advantage secured: Both firms operate well below current oil prices, supporting sustainable dividends even in downturns. Capital returns boosted: Chevron targets $10–$20 billion in annual buybacks, while CNQ funds substantial repurchases alongside payouts.

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