Positive News SentimentPositive NewsNYSE:CNQ Canadian Natural Resources (CNQ) Stock Price, News & Analysis $35.28 +0.60 (+1.73%) (As of 10/3/2024 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 Key Stats Today's Range$34.49▼$35.2850-Day Range$31.97▼$37.4352-Week Range$29.45▼$41.29Volume3.46 million shsAverage Volume5.55 million shsMarket Capitalization$75.07 billionP/E Ratio14.06Dividend Yield4.39%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… The death of Nvidia? (Ad)Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.So go here now to read my new report The Big AI Die-Up… while you still can. Canadian Natural Resources Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks89th Percentile Overall ScoreCNQ MarketRank™: Canadian Natural Resources scored higher than 89% of companies evaluated by MarketBeat, and ranked 54th out of 260 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 2.17, and is based on 1 buy rating, 5 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 Growth8.91% Earnings GrowthEarnings for Canadian Natural Resources are expected to grow by 8.91% in the coming year, from $2.47 to $2.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Natural Resources is 14.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Natural Resources is 14.06, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.91.Price to Book Value per Share RatioCanadian Natural Resources has a P/B Ratio of 2.57. 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 Interest0.0 / 5Short Interest LevelBearish Percentage of Shares Shorted9.48% 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 39.7, which indicates bearish sentiment.Change versus previous monthShort interest in Canadian Natural Resources has recently increased by 72.55%, 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 4.77%, 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 61.75%. 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 57.62% 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 Shorted9.48% 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 39.7, which indicates bearish sentiment.Change versus previous monthShort interest in Canadian Natural Resources has recently increased by 72.55%, indicating that investor sentiment is decreasing significantly. News and Social Media4.2 / 5News Sentiment1.59 News SentimentCanadian Natural Resources has a news sentiment score of 1.59. 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 0.65 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 Interest42 people have searched for CNQ on MarketBeat in the last 30 days. This is an increase of 45% compared to the previous 30 days.MarketBeat Follows10 people have added Canadian Natural Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 150% 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. CNQ Stock News HeadlinesCanadian Natural Resources (NYSE:CNQ) Trading 4.8% Higher - Time to Buy?October 3 at 7:15 PM | americanbankingnews.comTop Canadian Stocks to Buy With $1,000 Right NowOctober 3 at 3:25 PM | fool.caThe death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.October 3, 2024 | Porter & Company (Ad)These five Canadian companies are among RBC's Top 30 global stock ideasOctober 3 at 10:23 AM | msn.comCanadian Natural Resources (NYSE:CNQ) Stock Price Down 2.7%September 28, 2024 | americanbankingnews.comCanadian Natural (CNQ) Gets a Hold from Wells FargoSeptember 27, 2024 | markets.businessinsider.comResearch Analysts Offer Predictions for Canadian Natural Resources Limited's FY2024 Earnings (NYSE:CNQ)September 24, 2024 | americanbankingnews.comCanadian Natural Resources (TSX:CNQ) Reports Strong Q2 Earnings and Declares $0.525 Dividend, Signaling GrowthSeptember 23, 2024 | 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 start of the year. Since then, CNQ shares have increased by 7.7% and is now trading at $35.28. View the best growth stocks for 2024 here. How were Canadian Natural Resources' earnings last quarter? Canadian Natural Resources Limited (NYSE:CNQ) issued 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? Top institutional shareholders of Canadian Natural Resources include SG Americas Securities LLC (0.01%), Park Avenue Securities LLC and Massmutual Trust Co. FSB ADV. 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 Pfizer (PFE), Intel (INTC), Micron Technology (MU), AbbVie (ABBV), Bank of America (BAC), Gilead Sciences (GILD) and QUALCOMM (QCOM). Company Calendar Ex-Dividend for 7/5 Dividend6/17/2024Dividend Payable7/05/2024Last Earnings8/01/2024Ex-Dividend for 10/4 Dividend9/13/2024Today10/03/2024Dividend Payable10/04/2024Next 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+40.3%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.51 Trailing P/E Ratio14.06 Forward P/E Ratio14.29 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 / Sales1.77 Cash Flow$5.39 per share Price / Cash Flow6.55 Book Value$13.75 per share Price / Book2.57Miscellaneous Outstanding Shares2,127,889,000Free Float2,021,495,000Market Cap$75.09 billion OptionableOptionable Beta1.51 Social Links This page (NYSE:CNQ) was last updated on 10/3/2024 by MarketBeat.com Staff From Our PartnersThe world’s smartest man is in their crosshairsElon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to h...Porter & Company | SponsoredAI Expert Reveals New PickEveryone’s talking about AI right now, but I’ve been talking about it for years. And now I’ve just released...Brownstone Research | SponsoredNo matter the outcome of the election, it could be a death sentence for your wealth...In today's financial landscape, many investors are feeling disillusioned and disappointed with traditional inv...Allegiance Gold | SponsoredKamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppe...Paradigm Press | Sponsored44-year Wall Street Vet: “Permanent devastation is coming to America”After 44 years on Wall Street, I've seen it all... Black Monday, the Great Recession, the Covid crash. B...InvestorPlace | SponsoredMassive NVIDIA Sell-Off: Are We Headed for a Market Collapse?You may have heard about NVIDIA's CEO dumping shares of his own company. He sold 4.4 million shares this ye...Behind the Markets | SponsoredHow a $200,000 Mistake Unlocked a $118 Billion Gold TreasureThe window of opportunity on this gold stock is closing fast. Once word gets out, it may be too late.Monument Traders Alliance | SponsoredNext opportunity for crypto millionsAll the Pieces Falling into Place for Crypto… Unlock the Potential of the 2024 Crypto Bull Run!Crypto 101 Media | Sponsored Adding Choose a watchlist: Watchlist My Default Watchlist Adding Canadian Natural Resources Limited You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Please log in to your account or sign up in order to add this asset to your watchlist. Share Canadian Natural Resources With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.