Canadian Oil Firms End 2025 Strong Despite Crude Slump

 ** Canadian oil producers set to end 2025 on a positive note, with integrated operations, strong refining margins and stable cash flows from long-life reserves cushioning the impact of falling crude prices

** Brent crude futures down over 17% YTD, their steepest annual drop since 2020 and third straight yearly decline

** As of last close, Canadian Natural Resources up 4.7% YTD; lowers capital spending goal for 2026 to focus on efficiency and disciplined growth29dk2902l

** Cenovus Energy gains 7.2% in 2025; co acquires MEG Energy and signals higher 2026 production

** Imperial Oil rises 34.5% YTD; announces plans to boost capital spending and lift upstream production in 2026

** Enbridge gains 7.8% in 2025; expects to benefit from new projects coming online next year

** TC Energy jumps 14.9% YTD, Suncor Energy up 18.9% in 2025

** “Canadian producers remain well-positioned for long-term growth, supported by low-decline, high-quality reserves and easing regulatory overhang,” says TPH Energy Research analyst Jeoffrey Lambujon

(Reporting by Sumit Saha in Bengaluru)