TSE:CNQ Canadian Natural Resources (CNQ) Stock Price, News & Analysis C$44.24 -1.16 (-2.56%) (As of 10:14 AM ET) Add Compare Share Share Today's RangeC$44.17▼C$45.4350-Day RangeC$45.07▼C$50.4952-Week RangeC$40.02▼C$56.49Volume6.50 million shsAverage Volume11.54 million shsMarket CapitalizationC$94.23 billionP/E Ratio12.57Dividend Yield4.70%Price TargetC$90.88 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Canadian Natural Resources alerts: Email Address Canadian Natural Resources MarketRank™ Stock AnalysisAnalyst RatingHold2.43 Rating ScoreUpside/Downside100.2% UpsideC$90.88 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingSelling SharesC$181,612 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.49 out of 5 stars 4.2 Analyst's Opinion Consensus RatingCanadian Natural Resources has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 6 buy ratings, 8 hold ratings, and no sell ratings.Amount of Analyst CoverageCanadian Natural Resources has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Canadian Natural Resources' stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CNQ. Previous Next 2.5 Dividend Strength Dividend LeadershipCanadian Natural Resources is a leading dividend payer. It pays a dividend yield of 4.60%, 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 59.09%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Canadian Natural Resources' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CNQ. Previous Next 2.4 News and Social Media Coverage News SentimentCanadian Natural Resources has a news sentiment score of 1.34. 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 0.49 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Canadian Natural Resources this week, compared to 2 articles on an average week.Search InterestOnly 29 people have searched for CNQ on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Canadian Natural Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canadian Natural Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$181,612.00 in company stock.Percentage Held by InsidersOnly 4.24% of the stock of Canadian Natural Resources is held by insiders.Percentage Held by Institutions77.87% 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. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Natural Resources is 12.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.27.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Natural Resources is 12.90, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 103.84.Price to Earnings Growth RatioCanadian 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 RatioCanadian Natural Resources has a P/B Ratio of 2.45. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the Markets[NOTICE] Your Download Link BelowIf you still haven't downloaded our brand new report: "The Last Retirement Stock You'll Ever Need"...Download "The Last Retirement Stock You'll Ever Need" About Canadian Natural Resources Stock (TSE:CNQ)Canadian 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 CNQ Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNQ Stock News HeadlinesAugust 19, 2024 | msn.com2 Energy Stocks You Can Confidently Buy in August 2024August 17, 2024 | ca.finance.yahoo.comCNQ Sep 2024 27.500 putSeptember 10, 2024 | Behind the Markets (Ad)Kamala Harris May Seize This Cutting-Edge Tech -- Act NowA new technology (not AI) is powerful enough to save America $1.7 TRILLION in healthcare costs each year.August 17, 2024 | msn.comForget Canadian Natural Resources: Buy This Top Energy Stock InsteadAugust 2, 2024 | msn.comCanadian Natural tops Q2 profit on higher oil prices, production boostAugust 1, 2024 | msn.comCanadian Natural reports earnings of $1.72 billion in second quarterAugust 1, 2024 | seekingalpha.comCanadian Natural Resources Limited (CNQ) Q2 2024 Earnings Call TranscriptAugust 1, 2024 | msn.comCanadian Natural posts Q2 earnings topper but delays some new natgas wellsSeptember 10, 2024 | Behind the Markets (Ad)Kamala Harris May Seize This Cutting-Edge Tech -- Act NowA new technology (not AI) is powerful enough to save America $1.7 TRILLION in healthcare costs each year.August 1, 2024 | msn.comCanadian Natural Resources tops quarterly profit on higher oil prices, production boostJuly 19, 2024 | marketwatch.comCanadian Natural Resources Ltd. stock falls Friday, underperforms marketMay 5, 2024 | finance.yahoo.comCanadian Natural Resources (TSE:CNQ) Has Announced A Dividend Of CA$1.05May 2, 2024 | financialpost.comCanadian Natural Resources sees path to hike Horizon oilsands output by 76 per centMay 2, 2024 | msn.comCanadian Natural Resources declares CAD 1.05 dividendApril 30, 2024 | finance.yahoo.comUPDATE 1-Canada regulator approves final permits for Trans Mountain pipeline expansionApril 29, 2024 | finance.yahoo.comThree Solid Dividend Stocks In Canada With Yields Starting At 3.4%April 24, 2024 | finance.yahoo.comThe Zacks Analyst Blog Highlights Meta Platforms, Elevance Health, Canadian Natural Resources, The Coca-Cola and The ProgressiveApril 23, 2024 | seekingalpha.comCanadian Natural: Resilience And Returns Through The CycleSee More Headlines 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 Company Calendar Ex-Dividend for 7/5 Dividend6/17/2024Dividend Payable7/05/2024Last Earnings7/31/2024Today9/10/2024Ex-Dividend for 10/4 Dividend9/13/2024Dividend Payable10/04/2024Next Earnings (Estimated)11/07/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas E&P Sub-IndustryPetroleum And Natural Gas Current SymbolTSE:CNQ CUSIPN/A CIKN/A Webwww.cnrl.com Phone+1-403-5147605FaxN/AEmployees9,740Year FoundedN/APrice Target and Rating Average Stock Price TargetC$90.88 High Stock Price TargetC$126.00 Low Stock Price TargetC$49.00 Potential Upside/Downside+100.2%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.52 Trailing P/E Ratio12.90 Forward P/E Ratio10.73 P/E Growth0.53Net IncomeC$7.67 billion Net Margins20.88% Pretax MarginN/A Return on Equity19.65% Return on Assets8.80% Debt Debt-to-Equity Ratio29.64 Current Ratio0.88 Quick Ratio0.54 Sales & Book Value Annual SalesC$36.74 billion Price / Sales2.63 Cash FlowC$0.53 per share Price / Cash Flow85.85 Book ValueC$18.55 per share Price / Book2.45Miscellaneous Outstanding Shares2,130,000,000Free FloatN/AMarket CapC$96.70 billion OptionableNot Optionable Beta1.91 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Norman Murray Edwards O.C. (Age 64)Executive Chairman Comp: $11.62MMr. Scott G. Stauth (Age 58)President & Director Comp: $3.8MMr. Mark A. Stainthorpe C.F.A. (Age 46)CFO & Senior VP of Finance Comp: $2.57MRobin Sean Zabek (Age 52)Chief Operating Officer of Exploration & Production Comp: $1.29MVictor Clinton Darel C.A. (Age 42)CPA, Senior VP of Finance & Principal Accounting Officer Lance J. CassonManager of Investor RelationsBrenda Gayle BalogVP of Legal & General CounselMr. Ronald Keith Laing (Age 54)Senior Vice-President of Corporate Development & Land Mark Anthony Overwater (Age 56)Vice-President of Marketing Dean W. Halewich (Age 56)Senior Vice-President of Safety, Risk Management & Innovation More ExecutivesKey CompetitorsSuncor EnergyTSE:SUImperial OilTSE:IMOCenovus EnergyTSE:CVEOvintivTSE:OVVARC ResourcesTSE:ARXView All CompetitorsInsidersDevin Craig LoweSold 3,750 sharesTotal: C$181,612.50 ($48.43/share)Victor Clinton DarelSold 2,252 sharesTotal: C$236,012.98 ($104.80/share)Roy Douglas RothSold 1 sharesTotal: C$103.75 ($103.75/share)Warren Paul RaczynskiSold 3,000 sharesTotal: C$332,430.00 ($110.81/share)Erin Louise LunnSold 3,664 sharesTotal: C$130,419.35 ($35.59/share)View All Insider Transactions Should I Buy Canadian Natural Resources Stock? CNQ Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Canadian Natural Resources Limited: Canadian Natural Resources Limited has shown a consistent track record of profitability, with a return on equity of 19.65% and a net margin of 20.88% in the latest quarterly earnings report. The company offers a competitive dividend yield of 4.66%, providing investors with a steady income stream. With a current stock price of C$48.42, Canadian Natural Resources Limited may present a potential buying opportunity for investors looking to enter at a lower price point. Canadian Natural Resources Limited operates in diverse geographic regions, including Western Canada, the United Kingdom portion of the North Sea, and Offshore Africa, reducing exposure to regional risks. The company's focus on acquiring, exploring, and developing oil and gas assets positions it well to benefit from potential future increases in commodity prices. Cons Investors should be bearish about investing in Canadian Natural Resources Limited for these reasons: Canadian Natural Resources Limited has a relatively low quick ratio of 0.54 and a current ratio of 0.88, indicating potential liquidity challenges in the short term. The company has a high debt-to-equity ratio of 29.64, which may raise concerns about its financial leverage and ability to manage debt obligations. Recent declines in the stock price, with a 200-day moving average of C$78.24, suggest a downward trend that investors should consider before making investment decisions. The oil and gas industry is subject to volatility due to factors like geopolitical events and fluctuations in global demand, posing risks to Canadian Natural Resources Limited's financial performance. Environmental and regulatory pressures on the oil and gas sector could impact Canadian Natural Resources Limited's operations and profitability in the long term. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 8, 2024. Please send any questions or comments about these Canadian Natural Resources pros and cons to contact@marketbeat.com. CNQ Stock Analysis - Frequently Asked Questions How have CNQ shares performed this year? Canadian Natural Resources' stock was trading at C$86.81 on January 1st, 2024. Since then, CNQ shares have decreased by 47.7% and is now trading at C$45.40. View the best growth stocks for 2024 here. How were Canadian Natural Resources' earnings last quarter? Canadian Natural Resources Limited (TSE:CNQ) posted its quarterly earnings data on Wednesday, July, 31st. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.04. The company had revenue of $9.05 billion for the quarter, compared to the consensus estimate of $8.41 billion. Canadian Natural Resources had a net margin of 20.88% and a trailing twelve-month return on equity of 19.65%. 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.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 Intact Financial (IFC), Constellation Software (CSU), Enbridge (ENB), Suncor Energy (SU), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD) and Air Canada (AC). 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