NYSE:CNQ Canadian Natural Resources (CNQ) Stock Price, News & Analysis $35.70 +0.43 (+1.22%) (As of 10/17/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Canadian Natural Resources Stock (NYSE:CNQ) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get CNQ alerts:Sign Up Key Stats Today's Range$35.18▼$35.7650-Day Range$31.97▼$37.5952-Week Range$29.45▼$41.29Volume2.73 million shsAverage Volume5.51 million shsMarket Capitalization$75.97 billionP/E Ratio13.73Dividend Yield4.65%Price Target$49.50Consensus RatingHold Company OverviewCanadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO). The company's midstream assets include two pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.Read More… This man beat out 16,000 stock pickers to earn the #1 spot (Ad)There are very few people in this world who are considered “the best” in their field. There are guys like Michael Jordan who is considered the best basketball player of all time… Or Warren Buffet who is considered the best Investor of all time… But we’ve just met a man who might be the best stock picker of all time… Right now, as we speak, he is currently ranked the #1 stock picker in North America.If you’d like to sit down with us, follow this link here. Canadian Natural Resources Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks97th Percentile Overall ScoreCNQ MarketRank™: Canadian Natural Resources scored higher than 97% of companies evaluated by MarketBeat, and ranked 13th out of 255 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.1 / 5Analyst RatingHold Consensus RatingCanadian Natural Resources has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageCanadian Natural Resources has only been the subject of 1 research reports in the past 90 days.Read more about Canadian Natural Resources' stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth9.60% Earnings GrowthEarnings for Canadian Natural Resources are expected to grow by 9.60% in the coming year, from $2.50 to $2.74 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Natural Resources is 13.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Natural Resources is 13.73, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.86.Price to Book Value per Share RatioCanadian Natural Resources has a P/B Ratio of 2.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Canadian Natural Resources' valuation and earnings. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.50% of the float of Canadian Natural Resources has been sold short.Short Interest Ratio / Days to CoverCanadian Natural Resources has a short interest ratio ("days to cover") of 9.7.Change versus previous monthShort interest in Canadian Natural Resources has recently decreased by 73.61%, indicating that investor sentiment is improving significantly. Dividend3.3 / 5Dividend StrengthStrong Dividend LeadershipCanadian Natural Resources is a leading dividend payer. It pays a dividend yield of 4.14%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanadian Natural Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Canadian Natural Resources is 66.14%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Canadian Natural Resources will have a dividend payout ratio of 60.58% next year. This indicates that Canadian Natural Resources will be able to sustain or increase its dividend.Read more about Canadian Natural Resources' dividend. Sustainability and ESG0.7 / 5Environmental Score-7.75 Percentage of Shares Shorted2.50% of the float of Canadian Natural Resources has been sold short.Short Interest Ratio / Days to CoverCanadian Natural Resources has a short interest ratio ("days to cover") of 9.7.Change versus previous monthShort interest in Canadian Natural Resources has recently decreased by 73.61%, indicating that investor sentiment is improving significantly. News and Social Media4.0 / 5News Sentiment1.18 News SentimentCanadian Natural Resources has a news sentiment score of 1.18. 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 is a higher news sentiment than the 0.54 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Canadian Natural Resources this week, compared to 5 articles on an average week.Search Interest48 people have searched for CNQ on MarketBeat in the last 30 days. This is an increase of 71% compared to the previous 30 days.MarketBeat Follows13 people have added Canadian Natural Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 63% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Canadian Natural Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.00% of the stock of Canadian Natural Resources is held by insiders.Percentage Held by Institutions74.03% 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.Read more about Canadian Natural Resources' insider trading history. Receive CNQ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canadian Natural Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address CNQ Stock News HeadlinesCanadian Natural Resources Limited (NYSE:CNQ) Receives $49.50 Consensus Price Target from AnalystsOctober 18 at 1:15 AM | americanbankingnews.comWhere Will CNQ Stock Be in 5 Years?October 16 at 3:52 PM | fool.caHere’s how to start a “Weekend Side Hustle” from your sofaHere’s how you can start your very own “Weekend Side Hustle” right from the comfort of your sofa! It doesn't matter if you have a multi-million dollar retirement account… Or if you’re just starting out with a few thousand. And that’s how you can kickstart your very own “Weekend Side Hustle!” Now that you know that…October 18, 2024 | DTI (Ad)Best Stock to Buy Right Now: Canadian Natural Resources vs Cenovus?October 16 at 10:51 AM | fool.caAnalysts Offer Insights on Energy Companies: NuVista Energy (OtherNUVSF) and Canadian Natural (CNQ)October 11, 2024 | markets.businessinsider.comBest Stock to Buy Right Now: Canadian Natural Resources vs Suncor?October 11, 2024 | fool.caCanadian Natural Resources Limited Expected to Earn FY2024 Earnings of $2.51 Per Share (NYSE:CNQ)October 10, 2024 | americanbankingnews.comCritical Survey: Canadian Natural Resources (NYSE:CNQ) versus Birchcliff Energy (OTCMKTS:BIREF)October 10, 2024 | americanbankingnews.comSee More Headlines CNQ Stock Analysis - Frequently Asked Questions How have CNQ shares performed this year? Canadian Natural Resources' stock was trading at $32.76 at the start of the year. Since then, CNQ stock has increased by 9.0% and is now trading at $35.70. View the best growth stocks for 2024 here. How were Canadian Natural Resources' earnings last quarter? Canadian Natural Resources Limited (NYSE:CNQ) announced its quarterly earnings data on Thursday, August, 1st. The oil and gas producer reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.26. The oil and gas producer had revenue of $7.76 billion for the quarter, compared to analyst estimates of $6.19 billion. Canadian Natural Resources had a net margin of 18.05% and a trailing twelve-month return on equity of 22.09%. When did Canadian Natural Resources' stock split? Canadian Natural Resources's stock split on the morning of Tuesday, June 11th 2024. The 2-1 split was announced on Tuesday, June 11th 2024. The newly created shares were distributed to shareholders after the market closes on Tuesday, June 11th 2024. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. Who are Canadian Natural Resources' major shareholders? Canadian Natural Resources' top institutional investors include Marathon Asset Management Ltd (0.10%), Baskin Financial Services Inc. (0.05%), QV Investors Inc. (0.03%) and Guinness Asset Management LTD (0.02%). How do I buy shares of Canadian Natural Resources? Shares of CNQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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 BlackRock (BLK), Broadcom (AVGO), ServiceNow (NOW), UnitedHealth Group (UNH), The Goldman Sachs Group (GS), Illinois Tool Works (ITW) and NVIDIA (NVDA). Company Calendar Last Earnings8/01/2024Ex-Dividend for 10/4 Dividend9/13/2024Dividend Payable10/04/2024Today10/17/2024Next Earnings (Confirmed)10/31/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:CNQ CUSIPN/A CIK1017413 Webwww.cnrl.com Phone(403) 514-7777Fax403-517-7350Employees10,272Year Founded1989Price Target and Rating Average Stock Price Target$49.50 High Stock Price Target$51.00 Low Stock Price Target$48.00 Potential Upside/Downside+38.7%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.51 Trailing P/E Ratio13.73 Forward P/E Ratio14.28 P/E GrowthN/ANet Income$6.10 billion Net Margins18.05% Pretax Margin23.00% Return on Equity22.09% Return on Assets11.51% Debt Debt-to-Equity Ratio0.24 Current Ratio0.88 Quick Ratio0.59 Sales & Book Value Annual Sales$42.49 billion Price / Sales1.79 Cash Flow$5.04 per share Price / Cash Flow7.08 Book Value$13.75 per share Price / Book2.60Miscellaneous Outstanding Shares2,127,889,000Free Float2,011,710,000Market Cap$75.97 billion OptionableOptionable Beta1.50 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? 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