NYSE:CNQ Canadian Natural Resources (CNQ) Stock Price, News & Analysis → Your $200 account credit is about to expire (From MarketBeat) (Ad) Free CNQ Stock Alerts $77.20 +0.59 (+0.77%) (As of 03:03 PM ET) Add Compare Share Share Today's Range$76.53▼$77.6350-Day Range$73.47▼$82.3452-Week Range$52.66▼$82.58Volume975,408 shsAverage Volume3.01 million shsMarket Capitalization$82.77 billionP/E Ratio15.38Dividend Yield4.00%Price Target$94.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Canadian Natural Resources alerts: Email Address Canadian Natural Resources MarketRank™ Stock AnalysisAnalyst RatingHold2.29 Rating ScoreUpside/Downside21.8% Upside$94.00 Price TargetShort InterestBearish2.46% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-7.75Upright™ Environmental ScoreNews Sentiment1.00Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth20.36%From $5.55 to $6.68 Per ShareSee 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.4.24 out of 5 starsOils/Energy Sector26th out of 239 stocksCrude Petroleum & Natural Gas Industry13th out of 73 stocks 2.1 Analyst's Opinion Consensus RatingCanadian Natural Resources has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 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. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.46% 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 8.6.Change versus previous monthShort interest in Canadian Natural Resources has recently increased by 9.48%, indicating that investor sentiment is decreasing significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipCanadian Natural Resources is a leading dividend payer. It pays a dividend yield of 4.04%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanadian Natural Resources has been increasing its dividend for 23 years.Dividend CoverageThe dividend payout ratio of Canadian Natural Resources is 61.55%. 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 46.26% next year. This indicates that Canadian Natural Resources will be able to sustain or increase its dividend.Read more about Canadian Natural Resources' dividend. Previous Next 0.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCanadian Natural Resources has received a -63.75% net impact score from Upright. The largest negative impact of Canadian Natural Resources in category "GHG emissions" seems to be driven mostly by its "Oil sand", "Bitumen", "Conventional crude oil", and "Conventional natural gas" products. See details.Environmental SustainabilityThe Environmental Impact score for Canadian Natural Resources is -7.75. Previous Next 3.3 News and Social Media Coverage News SentimentCanadian Natural Resources has a news sentiment score of 1.00. 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 0.69 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 Interest41 people have searched for CNQ on MarketBeat in the last 30 days. This is an increase of 24% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added Canadian Natural Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -42% compared to the previous 30 days. Previous Next 1.7 Company Ownership 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Canadian Natural Resources are expected to grow by 20.36% in the coming year, from $5.55 to $6.68 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Natural Resources is 15.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Natural Resources is 15.38, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.32.Price to Book Value per Share RatioCanadian Natural Resources has a P/B Ratio of 2.81. 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 Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry About Canadian Natural Resources Stock (NYSE: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 HeadlinesMay 27 at 2:30 AM | americanbankingnews.comAnalysts Set Expectations for Canadian Natural Resources Limited's Q4 2025 Earnings (NYSE:CNQ)May 26 at 1:12 AM | americanbankingnews.comCanadian Natural Resources (NYSE:CNQ) Shares to Split on Tuesday, June 11thMay 25 at 1:44 AM | americanbankingnews.comCanadian Natural Resources Limited (NYSE:CNQ) Forecasted to Earn Q2 2024 Earnings of $1.23 Per ShareMay 23, 2024 | americanbankingnews.comComparing Canadian Natural Resources (NYSE:CNQ) & California Resources (OTCMKTS:CRCQQ)May 21, 2024 | finance.yahoo.comTrans Mountain Expansion Pipeline in Service: A Quick RundownMay 20, 2024 | finance.yahoo.comExploring Top TSX Dividend Stocks In May 2024May 20, 2024 | americanbankingnews.comCanadian Natural Resources (NYSE:CNQ) and Amplify Energy (NYSE:AMPY) Critical ComparisonMay 18, 2024 | americanbankingnews.comCanadian Natural Resources Limited (NYSE:CNQ) to Post Q1 2025 Earnings of $1.44 Per Share, Zacks Research ForecastsMay 18, 2024 | americanbankingnews.comCanadian Natural Resources Limited (NYSE:CNQ) Given Average Recommendation of "Hold" by BrokeragesMay 15, 2024 | finance.yahoo.comWildfire Threat to Oil-Sands City Seen Easing as Wind ShiftsMay 11, 2024 | finance.yahoo.com15 Fastest-Growing Cities in CanadaMay 3, 2024 | reuters.comUS stands to lose Canadian natural gas when LNG Canada terminal starts upMay 2, 2024 | oilprice.comCanadian Natural Resources Misses Q1 Earnings ExpectationsMay 2, 2024 | msn.comCanadian Natural considering major expansion of Horizon oil sands mine, CEO saysMay 2, 2024 | finance.yahoo.comUpdate: Canadian Natural Resources Q1 Adjusted Net Earnings Decline; National Bank of Canada Says Results Aligned with EstimatesMay 2, 2024 | finance.yahoo.comCanadian Natural Resources Maintained at Buy at TPH After Q1 Results; Price Target at C$115.00May 2, 2024 | finance.yahoo.comUPDATE 2-Canadian Natural Resources misses first-quarter profit estimates on lower sales, pricingMay 2, 2024 | ca.finance.yahoo.comCanadian Natural Resources misses first-quarter profit estimates on lower sales, pricingMay 2, 2024 | finance.yahoo.comCanadian Natural Resources Q1 Adjusted Net Earnings DeclineMay 2, 2024 | reuters.comCanadian Natural Resources misses first-quarter profit estimatesMay 1, 2024 | msn.comTrans Mountain may be 'the last pipeline' for Canada: Cenovus CEOMay 1, 2024 | msn.comTFSA: 3 Canadian Stocks to Buy and Hold ForeverApril 29, 2024 | finance.yahoo.comCanadian Natural Resources (TSE:CNQ) Is Doing The Right Things To Multiply Its Share PriceApril 27, 2024 | seekingalpha.comWhitecap Resources: This Is How I Love To Play The OilApril 26, 2024 | msn.com5 Top Canadian Dividend Stocks to Buy in May 2024See 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 4/5 Dividend3/14/2024Dividend Payable4/05/2024Last Earnings5/02/2024Today5/28/2024Ex-Dividend for 7/5 Dividend6/17/2024Dividend Payable7/05/2024Next Earnings (Estimated)8/01/2024Fiscal 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$94.00 High Stock Price Target$102.00 Low Stock Price Target$85.00 Potential Upside/Downside+22.0%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$5.02 Trailing P/E Ratio15.35 Forward P/E Ratio13.88 P/E GrowthN/ANet Income$6.10 billion Net Margins18.21% Pretax Margin22.80% Return on Equity20.58% Return on Assets10.69% Debt Debt-to-Equity Ratio0.23 Current Ratio0.88 Quick Ratio0.61 Sales & Book Value Annual Sales$30.25 billion Price / Sales2.73 Cash Flow$10.38 per share Price / Cash Flow7.42 Book Value$27.50 per share Price / Book2.80Miscellaneous Outstanding Shares1,072,140,000Free Float1,018,531,000Market Cap$82.60 billion OptionableOptionable Beta1.52 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Norman Murray Edwards O.C. (Age 64)Executive Chairman Comp: $8.5MMr. Scott G. Stauth (Age 58)President & Director Comp: $2.78MMr. Mark A. Stainthorpe C.F.A. (Age 46)CFO & Senior VP of Finance Comp: $1.88MRobin Sean Zabek (Age 52)Chief Operating Officer of Exploration & Production Comp: $945.16kVictor 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 CompetitorsEOG ResourcesNYSE:EOGPetróleo Brasileiro S.A. - PetrobrasNYSE:PBRPioneer Natural ResourcesNYSE:PXDOccidental PetroleumNYSE:OXYENINYSE:EView All CompetitorsInstitutional OwnershipCetera Investment AdvisersBought 27,766 shares on 5/24/2024Ownership: 0.003%Cetera Advisors LLCBought 7,565 shares on 5/24/2024Ownership: 0.002%Atria Investments IncBought 13,175 shares on 5/21/2024Ownership: 0.001%iA Global Asset Management Inc.Bought 1,925 shares on 5/17/2024Ownership: 0.002%Wahed Invest LLCBought 3,068 shares on 5/17/2024Ownership: 0.001%View All Institutional Transactions CNQ Stock Analysis - Frequently Asked Questions Should I buy or sell Canadian Natural Resources stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CNQ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNQ, but not buy additional shares or sell existing shares. View CNQ analyst ratings or view top-rated stocks. What is Canadian Natural Resources' stock price target for 2024? 7 analysts have issued 12-month price objectives for Canadian Natural Resources' stock. Their CNQ share price targets range from $85.00 to $102.00. On average, they predict the company's stock price to reach $94.00 in the next year. This suggests a possible upside of 21.8% from the stock's current price. View analysts price targets for CNQ or view top-rated stocks among Wall Street analysts. How have CNQ shares performed in 2024? Canadian Natural Resources' stock was trading at $65.52 at the beginning of the year. Since then, CNQ shares have increased by 17.8% and is now trading at $77.20. View the best growth stocks for 2024 here. Are investors shorting Canadian Natural Resources? Canadian Natural Resources saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 25,870,000 shares, an increase of 9.5% from the April 30th total of 23,630,000 shares. Based on an average daily volume of 3,000,000 shares, the days-to-cover ratio is currently 8.6 days. Approximately 2.5% of the company's stock are short sold. View Canadian Natural Resources' Short Interest. When is Canadian Natural Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our CNQ earnings forecast. How were Canadian Natural Resources' earnings last quarter? Canadian Natural Resources Limited (NYSE:CNQ) posted its quarterly earnings results on Thursday, May, 2nd. The oil and gas producer reported $1.02 earnings per share for the quarter, missing analysts' consensus estimates of $1.04 by $0.02. The oil and gas producer earned $6.12 billion during the quarter, compared to analysts' expectations of $6.01 billion. Canadian Natural Resources had a net margin of 18.21% and a trailing twelve-month return on equity of 20.58%. How often does Canadian Natural Resources pay dividends? What is the dividend yield for Canadian Natural Resources? Canadian Natural Resources declared a quarterly dividend on Thursday, May 2nd. Shareholders of record on Monday, June 17th will be given a dividend of $0.777 per share on Friday, July 5th. This represents a $3.11 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date of this dividend is Monday, June 17th. This is an increase from the stock's previous quarterly dividend of $0.77. Read our dividend analysis for CNQ. Is Canadian Natural Resources a good dividend stock? Canadian Natural Resources (NYSE:CNQ) pays an annual dividend of $3.09 per share and currently has a dividend yield of 4.04%. CNQ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 23 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 61.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNQ will have a dividend payout ratio of 46.26% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CNQ. What ETFs hold Canadian Natural Resources' stock? ETFs with the largest weight of Canadian Natural Resources (NYSE:CNQ) stock in their portfolio include Franklin FTSE Canada ETF (FLCA), Invesco International BuyBack Achievers ETF (IPKW), JPMorgan BetaBuilders Canada ETF (BBCA), iShares MSCI Canada ETF (EWC), WisdomTree Global ex U.S. Quality Dividend Growth Fund (DNL), SPDR S&P North American Natural Resources ETF (NANR), iShares North American Natural Resources ETF (IGE) and Invesco International Dividend Achievers ETF (PID). When did Canadian Natural Resources' stock split? Canadian Natural Resources shares split on the morning of Tuesday, June 11th 2024. The 2-1 split was announced on Tuesday, June 11th 2024. The newly created shares will be distributed 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. What is Tim S. McKay's approval rating as Canadian Natural Resources' CEO? 6 employees have rated Canadian Natural Resources Chief Executive Officer Tim S. McKay on Glassdoor.com. Tim S. McKay has an approval rating of 96% among the company's employees. This puts Tim S. McKay in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Canadian Natural Resources own? Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Natural Resources investors own include Pfizer (PFE), Intel (INTC), Micron Technology (MU), AbbVie (ABBV), Bank of America (BAC), Gilead Sciences (GILD), QUALCOMM (QCOM), AT&T (T), Cisco Systems (CSCO) and Suncor Energy (SU). Who are Canadian Natural Resources' major shareholders? Canadian Natural Resources' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Capital World Investors (13.46%), Capital Research Global Investors (7.35%), Vanguard Group Inc. (4.09%), TD Asset Management Inc (2.02%), Canada Pension Plan Investment Board (2.00%) and 1832 Asset Management L.P. (1.44%). 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. This page (NYSE:CNQ) was last updated on 5/28/2024 by MarketBeat.com Staff From Our PartnersThe 7th Trillion Dollar Company?The Oxford ClubThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarElon to Transform U.S. Economy? 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