Canadian Natural Resources (CNQ) Stock Price, News & Analysis

Company Overview

Canadian Natural Resources is one of the largest oil and natural gas producers in western Canada, supplemented by operations in the North Sea and Offshore Africa. The company's portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas. Production averaged 1.16 million barrels of oil equivalent per day in 2020, and the company estimates that it holds over 11.5 billion boe of proven and probable crude oil and natural gas reserves.

Key Stats

• Today's Range: C$43.41 to C$44.18
• 50-Day Range: C$38.75 to C$46.97
• 52-Week Range: C$37.11 to C$56.49
• Volume: 21.33 million shs
• Average Volume: 13.16 million shs
• Market Capitalization: C$91.77 billion
• P/E Ratio: 12.14
• Dividend Yield: 4.89%
• Price Target: C$68.53
• Consensus Rating: Moderate Buy

Canadian Natural Resources Stock Analysis - MarketRank™

Canadian Natural Resources scored higher than 93% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Canadian Natural Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 9 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Canadian Natural Resources has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Canadian Natural Resources is 12.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.58.

Price to Earnings Ratio vs. Sector

The P/E ratio of Canadian Natural Resources is 12.14, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 48.90.

Price to Earnings Growth Ratio

Canadian Natural Resources has a PEG Ratio of 0.53. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Canadian Natural Resources has a P/B Ratio of 2.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CNQ.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Canadian Natural Resources is a leading dividend payer. It pays a dividend yield of 4.98%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Canadian Natural Resources does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Canadian Natural Resources is 59.42%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CNQ.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.81

News Sentiment

Canadian Natural Resources has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Canadian Natural Resources this week, compared to 4 articles on an average week.

Search Interest

64 people have searched for CNQ on MarketBeat in the last 30 days. This is an increase of 73% compared to the previous 30 days.

MarketBeat Follows

Only 16 people have added Canadian Natural Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -16% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Canadian Natural Resources insiders have sold 433.91% more of their company's stock than they have bought. Specifically, they have bought C$1,299,886.00 in company stock and sold C$6,940,170.00 in company stock.

Percentage Held by Insiders

Only 4.26% of the stock of Canadian Natural Resources is held by insiders.

Percentage Held by Institutions

77.79% of the stock of Canadian Natural Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CNQ Stock Analysis - Frequently Asked Questions

How have CNQ shares performed this year?

Canadian Natural Resources' stock was trading at C$44.38 at the beginning of the year. Since then, CNQ shares have decreased by 1.5% and is now trading at C$43.73.
View the best growth stocks for 2025 here.

How were Canadian Natural Resources' earnings last quarter?

Canadian Natural Resources Limited (TSE:CNQ) released its earnings results on Thursday, October, 31st. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.92 by $0.05. Canadian Natural Resources had a net margin of 21.25% and a trailing twelve-month return on equity of 19.14%.

How do I buy shares of Canadian Natural Resources?

Shares of CNQ stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Canadian Natural Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Canadian Natural Resources investors own include Enbridge (ENB), Suncor Energy (SU), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Constellation Software (CSU), Intact Financial (IFC) and Royal Bank of Canada (RY).

Company Calendar

• Last Earnings: 10/31/2024
• Record date for 1/3 Dividend: 12/13/2024
• Ex-Dividend for 1/3 Dividend: 12/13/2024
• Dividend Payable: 1/03/2025
• Today: 3/30/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: TSE:CNQ
• CIK: N/A
• Web: www.cnrl.com
• Phone: +1-403-5147605
• Fax: N/A
• Employees: 10,272
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$68.53
• High Stock Price Target: C$126.00
• Low Stock Price Target: C$44.00
• Potential Upside/Downside: +56.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.73
• Research Coverage: 15 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$3.60
• Trailing P/E Ratio: 12.14
• Forward P/E Ratio: 11.41
• P/E Growth: 0.53
• Net Income: C$7.52 billion
• Net Margins: 21.25%
• Pretax Margin: N/A
• Return on Equity: 19.14%
• Return on Assets: 8.80%

Debt

• Debt-to-Equity Ratio: 25.79
• Current Ratio: 0.84
• Quick Ratio: 0.54

Sales & Book Value

• Annual Sales: C$35.38 billion
• Price / Sales: 2.59
• Cash Flow: C$0.51 per share
• Price / Cash Flow: 85.85
• Book Value: C$18.82 per share
• Price / Book: 2.32

Miscellaneous

• Outstanding Shares: 2,098,624,348
• Free Float: N/A
• Market Cap: C$91.77 billion
• Optionable: Not Optionable
• Beta: 1.89