NYSE:CNQ Canadian Natural Resources (CNQ) Stock Price, News & Analysis $29.58 +0.07 (+0.24%) (As of 12/20/2024 05:40 PM 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$29.23▼$29.9750-Day Range$29.51▼$37.0052-Week Range$29.23▼$41.29Volume4.01 million shsAverage Volume5.25 million shsMarket Capitalization$62.32 billionP/E Ratio11.49Dividend Yield5.61%Price Target$51.00Consensus 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… Canadian Natural Resources Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks85th Percentile Overall ScoreCNQ MarketRank™: Canadian Natural Resources scored higher than 85% of companies evaluated by MarketBeat, and ranked 58th out of 271 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.0 / 5Analyst RatingHold Consensus RatingCanadian Natural Resources has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 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 Valuation1.3 / 5Proj. Earnings Growth-5.67% Earnings GrowthEarnings for Canadian Natural Resources are expected to decrease by -5.67% in the coming year, from $2.47 to $2.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Natural Resources is 11.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.74.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Natural Resources is 11.49, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.18.Price to Book Value per Share RatioCanadian Natural Resources has a P/B Ratio of 2.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted1.47% 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 6.6.Change versus previous monthShort interest in Canadian Natural Resources has recently increased by 24.17%, indicating that investor sentiment is decreasing significantly. Dividend3.3 / 5Dividend StrengthStrong Dividend LeadershipCanadian Natural Resources is a leading dividend payer. It pays a dividend yield of 5.64%, 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 64.59%. 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 71.24% 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 Shorted1.47% 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 6.6.Change versus previous monthShort interest in Canadian Natural Resources has recently increased by 24.17%, indicating that investor sentiment is decreasing significantly. News and Social Media4.1 / 5News Sentiment1.43 News SentimentCanadian Natural Resources has a news sentiment score of 1.43. 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 0.64 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Canadian Natural Resources this week, compared to 6 articles on an average week.Search Interest39 people have searched for CNQ on MarketBeat in the last 30 days. This is an increase of 30% compared to the previous 30 days.MarketBeat Follows14 people have added Canadian Natural Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 56% 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: Gerdes Energy Research Upgrades on Production GrowthDecember 17, 2024 | theglobeandmail.comCanadian Natural Resources has a track record of strong returnsDecember 17, 2024 | ca.finance.yahoo.comIf you see ONE chart today… make it this one$1 Trillion… That’s how much Big Tech is set to spend on AI investment in the coming months—according to Goldman Sachs. This investment is driving an A.I. boom that’s being felt across many industries… Including a specific group of energy tickers since A.I. data centers use a massive amount of power. One of those tickers is CEG, up nearly 600% in the last 3 years… Combined with the upcoming presidential election, we have the recipe for a major shakeup in the market. You see, each time the U.S. elects a new president, one overlooked part of the energy sector tends to see a big move. Fact is… this energy niche is BOOMING.December 22, 2024 | ProsperityPub (Ad)Better Energy Stock: Canadian Natural Resources vs. Brookfield Renewable PartnersDecember 17, 2024 | fool.caIs Canadian Natural Resources Limited (TSE:CNQ) Trading At A 44% Discount?December 16, 2024 | finance.yahoo.comCanadian Natural Resources: Pullback Is A Golden Opportunity For Value InvestorsDecember 10, 2024 | seekingalpha.comWells Fargo Reaffirms Their Hold Rating on Canadian Natural (CNQ)December 9, 2024 | markets.businessinsider.com1 Magnificent TSX Dividend Stock Down 19% to Buy and Hold for DecadesDecember 9, 2024 | ca.finance.yahoo.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 beginning of the year. Since then, CNQ shares have decreased by 9.7% and is now trading at $29.58. View the best growth stocks for 2024 here. How were Canadian Natural Resources' earnings last quarter? Canadian Natural Resources Limited (NYSE:CNQ) posted its quarterly earnings results on Thursday, October, 31st. The oil and gas producer reported $0.97 EPS for the quarter, topping the consensus estimate of $0.67 by $0.30. The oil and gas producer earned $7.62 billion during the quarter, compared to analysts' expectations of $6.40 billion. Canadian Natural Resources had a trailing twelve-month return on equity of 20.07% and a net margin of 18.45%. When did Canadian Natural Resources' stock split? Shares of Canadian Natural Resources split on the morning of Tuesday, June 11th 2024. The 2-1 split was announced on Tuesday, June 11th 2024. The newly issued shares were issued to shareholders after the closing bell 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? Top institutional shareholders of Canadian Natural Resources include FMR LLC (4.03%), Fisher Asset Management LLC (2.06%), Yacktman Asset Management LP (1.36%) and The Manufacturers Life Insurance Company (1.35%). 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 Ex-Dividend for 10/4 Dividend9/13/2024Dividend Payable10/04/2024Last Earnings10/31/2024Ex-Dividend for 1/3 Dividend12/13/2024Today12/22/2024Fiscal Year End12/31/2024Dividend Payable1/03/2025Get 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$51.00 High Stock Price Target$51.00 Low Stock Price Target$51.00 Potential Upside/Downside+72.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.57 Trailing P/E Ratio11.49 Forward P/E Ratio11.98 P/E GrowthN/ANet Income$6.10 billion Net Margins18.45% Pretax Margin22.92% Return on Equity20.07% Return on Assets10.51% Debt Debt-to-Equity Ratio0.21 Current Ratio0.84 Quick Ratio0.53 Sales & Book Value Annual Sales$41.12 billion Price / Sales1.52 Cash Flow$4.70 per share Price / Cash Flow6.30 Book Value$13.75 per share Price / Book2.15Miscellaneous Outstanding Shares2,106,720,000Free Float2,004,888,000Market Cap$62.32 billion OptionableOptionable Beta1.47 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? 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