NYSE:CNQ Canadian Natural Resources (CNQ) Stock Price, News & Analysis → SHOCKING Crypto Leak… (From Crypto 101 Media) (Ad) Free CNQ Stock Alerts $76.33 +0.86 (+1.14%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$75.55▼$76.5650-Day Range$59.40▼$75.7952-Week Range$52.66▼$76.56Volume2.00 million shsAverage Volume2.99 million shsMarket Capitalization$81.95 billionP/E Ratio13.78Dividend Yield3.86%Price Target$94.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Canadian Natural Resources alerts: Email Address Canadian Natural Resources MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside23.1% Upside$94.00 Price TargetShort InterestBearish10.23% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-7.75Upright™ Environmental ScoreNews Sentiment0.90Based on 18 Articles This WeekInsider TradingN/AProj. Earnings Growth16.18%From $5.44 to $6.32 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.3.98 out of 5 starsOils/Energy Sector61st out of 238 stocksCrude Petroleum & Natural Gas Industry25th out of 73 stocks 2.2 Analyst's Opinion Consensus RatingCanadian Natural Resources has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $94.00, Canadian Natural Resources has a forecasted upside of 23.1% from its current price of $76.33.Amount of Analyst CoverageCanadian Natural Resources has only been the subject of 1 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted10.23% 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 36.7, which indicates bearish sentiment.Change versus previous monthShort interest in Canadian Natural Resources has recently increased by 229.21%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipCanadian Natural Resources is a leading dividend payer. It pays a dividend yield of 3.93%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanadian Natural Resources has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Canadian Natural Resources is 53.25%. 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 46.68% next year. This indicates that Canadian Natural Resources will be able to sustain or increase its 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 0.90. 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 0.57 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 18 news articles for Canadian Natural Resources this week, compared to 5 articles on an average week.Search InterestOnly 45 people have searched for CNQ on MarketBeat in the last 30 days. This is a decrease of -12% compared to the previous 30 days.MarketBeat Follows16 people have added Canadian Natural Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 129% 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Canadian Natural Resources are expected to grow by 16.18% in the coming year, from $5.44 to $6.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Natural Resources is 13.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Natural Resources is 13.78, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 20.78.Price to Book Value per Share RatioCanadian Natural Resources has a P/B Ratio of 2.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaCrypto Market Preps For Trillions Worth of Inflows! 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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 HeadlinesMarch 27, 2024 | americanbankingnews.comCanadian Natural Resources (NYSE:CNQ) Hits New 12-Month High at $74.97March 25, 2024 | americanbankingnews.comZacks Research Equities Analysts Cut Earnings Estimates for Canadian Natural Resources Limited (NYSE:CNQ)March 29, 2024 | MarketBeat (Ad)Your $200 account credit is about to expireUpdate to MarketBeat All Access and Save $300 on Your Annual SubscriptionMarch 23, 2024 | americanbankingnews.comResearch Analysts Offer Predictions for Canadian Natural Resources Limited's Q2 2024 Earnings (NYSE:CNQ)March 23, 2024 | americanbankingnews.comCritical Review: Canadian Natural Resources (NYSE:CNQ) versus Shell (NYSE:SHEL)March 22, 2024 | seekingalpha.comCanadian Natural Resources: Fully Priced, Good Time To Consider SwitchingMarch 22, 2024 | americanbankingnews.comCanadian Natural Resources Limited (NYSE:CNQ) Receives Average Recommendation of "Hold" from AnalystsMarch 18, 2024 | msn.comIs Canadian Natural Resources Stock a Good Buy Right Now?March 29, 2024 | Crypto 101 Media (Ad)Major Elon Musk Crypto Leak RevealedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. 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Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.March 13, 2024 | finance.yahoo.com20 Biggest Natural Gas Companies in the WorldMarch 5, 2024 | finance.yahoo.comThe Zacks Analyst Blog Highlights Broadcom, TotalEnergies, Lam Research, Dell Technologies and Canadian Natural ResourcesMarch 4, 2024 | seekingalpha.comCanadian Natural Resources: A Cash Cow That Milks DividendsMarch 2, 2024 | seekingalpha.comCanadian Natural Resources Limited (CNQ) Q4 2023 Earnings Call TranscriptMarch 2, 2024 | finance.yahoo.comCanadian Natural Resources Full Year 2023 Earnings: EPS Beats ExpectationsMarch 1, 2024 | finance.yahoo.comCanadian Natural Resources Limited (NYSE:CNQ) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | msn.comCanadian Natural Resources on the rise after Q4 beat, achievement of debt targetFebruary 29, 2024 | reuters.comCanadian Natural Resources beats fourth-quarter profit estimatesFebruary 29, 2024 | theglobeandmail.comCanadian Natural Resources tops fourth-quarter profit estimates on record productionFebruary 25, 2024 | ca.finance.yahoo.comCVE Mar 2024 25.500 callFebruary 20, 2024 | msn.comCanada invests CD4.99 mn to propel rare earth processing, fueling electric vehicle value chain advancement: S&P GCIFebruary 12, 2024 | benzinga.comHere's How Much You Would Have Made Owning Canadian Natural Res Stock In The Last 5 YearsFebruary 7, 2024 | finance.yahoo.comSU, CNQ: 2 Energy Stocks to Play the Trans Mountain Pipeline ExpansionFebruary 7, 2024 | seekingalpha.comCanadian Natural: Solid Performance, But Valuation Remains A HeadwindJanuary 26, 2024 | msn.com2 Cheap Energy Stocks to Buy in February 2024January 19, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Energy Companies: Matador Resources (MTDR), TechnipFMC (FTI) and Canadian Natural (CNQ)January 9, 2024 | benzinga.comHere's How Much You Would Have Made Owning Canadian Natural Res Stock In The Last 20 YearsJanuary 4, 2024 | seekingalpha.comCanadian Natural Resources: Dividend Increases And Share Buybacks Holding Up Valuation Despite Deteriorating FundamentalsSee 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 1/5 Dividend12/07/2023Dividend Payable1/05/2024Last Earnings2/29/2024Ex-Dividend for 4/5 Dividend3/14/2024Today3/28/2024Dividend Payable4/05/2024Next Earnings (Estimated)5/02/2024Fiscal 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) 514-7777Fax403-517-7350Employees10,035Year 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+23.1%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$5.54 Trailing P/E Ratio13.78 Forward P/E Ratio14.03 P/E GrowthN/ANet Income$6.10 billion Net Margins20.15% Pretax Margin28.26% Return on Equity21.74% Return on Assets11.25% Debt Debt-to-Equity Ratio0.25 Current Ratio0.96 Quick Ratio0.69 Sales & Book Value Annual Sales$30.25 billion Price / Sales2.71 Cash Flow$10.48 per share Price / Cash Flow7.28 Book Value$27.50 per share Price / Book2.78Miscellaneous Outstanding Shares1,073,650,000Free Float1,019,971,000Market Cap$81.95 billion OptionableOptionable Beta1.53 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Norman Murray Edwards O.C. (Age 64)Executive Chairman Comp: $8.91MMr. Scott G. Stauth (Age 58)President & Director Comp: $2.03MMr. Mark A. Stainthorpe C.F.A. (Age 46)CFO & Senior VP of Finance Comp: $1.65MVictor Clinton Darel C.A. (Age 47)CPA, 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 Jay E. Froc (Age 58)Chief Operating Officer of Oil Sands More ExecutivesKey CompetitorsEOG ResourcesNYSE:EOGPioneer Natural ResourcesNYSE:PXDOccidental PetroleumNYSE:OXYENINYSE:ECenovus EnergyNYSE:CVEView All CompetitorsInstitutional OwnershipPNC Financial Services Group Inc.Bought 22,839 shares on 3/22/2024Ownership: 0.004%B. Riley Wealth Advisors Inc.Sold 2,723 shares on 3/15/2024Ownership: 0.004%Hennessy Advisors Inc.Sold 9,700 shares on 3/14/2024Ownership: 0.010%Sivia Capital Partners LLCBought 4,012 shares on 3/13/2024Ownership: 0.000%Wahed Invest LLCBought 815 shares on 3/11/2024Ownership: 0.001%View All Institutional 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 offers a diverse range of crude oil and natural gas products, providing exposure to different segments of the energy market. The company has a strong presence in Western Canada, the United Kingdom portion of the North Sea, and Offshore Africa, diversifying its geographical risk. Recent developments indicate a positive outlook for the company, potentially leading to stock price appreciation. Canadian Natural Resources Limited has a history of successful acquisitions and developments, showcasing its ability to grow and adapt in the industry. The company's midstream assets, including pipeline systems and a cogeneration plant, contribute to its integrated operations and revenue streams. Cons Investors should be bearish about investing in Canadian Natural Resources Limited for these reasons: The volatility of crude oil and natural gas prices can significantly impact the company's profitability and stock performance. Environmental regulations and concerns surrounding fossil fuel usage may pose challenges to the company's operations and future growth. Market competition and geopolitical factors can influence the company's market position and financial results. Fluctuations in global demand for energy products may affect Canadian Natural Resources Limited's revenue and earnings stability. Investors should carefully consider the overall energy market conditions and economic outlook before making investment decisions related to the company. 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 Monday, March 25, 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 Should I buy or sell Canadian Natural Resources stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research 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? 6 Wall Street analysts have issued twelve-month price targets for Canadian Natural Resources' stock. Their CNQ share price targets range from $85.00 to $102.00. On average, they anticipate the company's share price to reach $94.00 in the next twelve months. This suggests a possible upside of 23.1% 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 stock has increased by 16.5% and is now trading at $76.33. View the best growth stocks for 2024 here. Are investors shorting Canadian Natural Resources? Canadian Natural Resources saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 107,420,000 shares, an increase of 229.2% from the February 29th total of 32,630,000 shares. Based on an average daily volume of 2,930,000 shares, the short-interest ratio is presently 36.7 days. Currently, 10.2% of the company's shares 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, May 2nd 2024. View our CNQ earnings forecast. How were Canadian Natural Resources' earnings last quarter? Canadian Natural Resources Limited (NYSE:CNQ) released its quarterly earnings data on Thursday, February, 29th. The oil and gas producer reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.13. The oil and gas producer had revenue of $7.02 billion for the quarter, compared to the consensus estimate of $6.73 billion. Canadian Natural Resources had a trailing twelve-month return on equity of 21.74% and a net margin of 20.15%. How often does Canadian Natural Resources pay dividends? What is the dividend yield for Canadian Natural Resources? Canadian Natural Resources announced a quarterly dividend on Friday, March 1st. Stockholders of record on Friday, March 15th will be given a dividend of $0.774 per share on Friday, April 5th. This represents a $3.10 dividend on an annualized basis and a dividend yield of 4.06%. The ex-dividend date is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of $0.72. Read our dividend analysis for CNQ. Is Canadian Natural Resources a good dividend stock? Canadian Natural Resources (NYSE:CNQ) pays an annual dividend of $2.95 per share and currently has a dividend yield of 3.93%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 53.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNQ will have a dividend payout ratio of 46.68% 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 iShares North American Natural Resources ETF (IGE) and Capital Group Dividend Value ETF (CGDV).iShares Core MSCI International Developed Markets ETF (IDEV). 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 investors include Capital World Investors (13.39%), Capital Research Global Investors (7.78%), Vanguard Group Inc. (4.02%), Vanguard Group Inc. (4.02%), Royal Bank of Canada (0.00%) and FIL Ltd (2.18%). 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 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI healthcare stock poised for 36,996% growth?Behind the Markets Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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