NYSE:CNQ - Canadian Natural Resources Stock Price, News, & Analysis

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$27.1950 -0.39 (-1.41 %)
(As of 01/17/2019 12:03 PM ET)
Previous Close$27.59
Today's Range$27.00 - $27.4750
52-Week Range$21.85 - $38.20
Volume1.97 million shs
Average Volume3.79 million shs
Market Capitalization$33.85 billion
P/E Ratio32.77
Dividend Yield3.59%
Beta1.17
Canadian Natural Resources Limited explores for, develops, produces, and markets 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, and synthetic crude oil (SCO). Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2017, the company's gross proved crude oil, bitumen, SCO, and NGLs reserves totaled 7,742 million barrels; gross proved plus probable crude oil, bitumen, SCO, and NGLs reserves totaled 10,263 million barrels; proved natural gas reserves totaled 6,771 billion cubic feet; and gross proved plus probable natural gas reserves totaled 9,619 billion cubic feet. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Côte d'Ivoire, Gabon, and South Africa in 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 founded in 1973 and is headquartered in Calgary, Canada.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone403-517-6700

Debt

Current Ratio0.92
Quick Ratio0.69

Price-To-Earnings

Sales & Book Value

Annual Sales$12.84 billion
Price / Sales2.55
Cash Flow$3.9585 per share
Price / Cash Flow6.87
Book Value$20.05 per share
Price / Book1.36

Profitability

Net Income$1.85 billion
Net Margins15.94%
Return on Assets5.43%

Miscellaneous

Employees9,973
Outstanding Shares1,206,080,000
Market Cap$33.85 billion
OptionableOptionable

Canadian Natural Resources (NYSE:CNQ) Frequently Asked Questions

What is Canadian Natural Resources' stock symbol?

Canadian Natural Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNQ."

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, November 1st. Shareholders of record on Monday, December 10th will be paid a dividend of $0.255 per share on Tuesday, January 1st. This represents a $1.02 dividend on an annualized basis and a dividend yield of 3.75%. The ex-dividend date is Friday, December 7th. View Canadian Natural Resources' Dividend History.

How will Canadian Natural Resources' stock buyback program work?

Canadian Natural Resources declared that its board has approved a stock buyback program on Thursday, March 15th 2018, which authorizes the company to buyback 61,300,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

How were Canadian Natural Resources' earnings last quarter?

Canadian Natural Resources Ltd (NYSE:CNQ) announced its quarterly earnings results on Thursday, November, 1st. The oil and gas producer reported $1.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.66 by $0.45. The oil and gas producer earned $4.51 billion during the quarter, compared to the consensus estimate of $4.71 billion. Canadian Natural Resources had a net margin of 15.94% and a return on equity of 12.33%. During the same period in the prior year, the firm earned $0.19 EPS. View Canadian Natural Resources' Earnings History.

When is Canadian Natural Resources' next earnings date?

Canadian Natural Resources is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. View Earnings Estimates for Canadian Natural Resources.

What price target have analysts set for CNQ?

12 brokers have issued twelve-month target prices for Canadian Natural Resources' stock. Their forecasts range from $29.00 to $50.00. On average, they anticipate Canadian Natural Resources' stock price to reach $43.80 in the next year. This suggests a possible upside of 60.8% from the stock's current price. View Analyst Price Targets for Canadian Natural Resources.

What is the consensus analysts' recommendation for Canadian Natural Resources?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Canadian Natural Resources.

Has Canadian Natural Resources been receiving favorable news coverage?

Media coverage about CNQ stock has trended positive on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Canadian Natural Resources earned a daily sentiment score of 2.6 on InfoTrie's scale. They also assigned media stories about the oil and gas producer a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an impact on the stock's share price in the next few days.

Who are some of Canadian Natural Resources' key competitors?

Who are Canadian Natural Resources' key executives?

Canadian Natural Resources' management team includes the folowing people:
  • Mr. Norman Murray Edwards O.C., Exec. Chairman (Age 58)
  • Mr. Steve W. Laut, Exec. Vice Chairman (Age 60)
  • Mr. Timothy Shawn McKay, Pres & Director (Age 56)
  • Mr. Corey B. Bieber C.A., CA, CFO & Sr. VP of Fin. (Age 54)
  • Mr. Scott G. Stauth, Chief Operating Officer of Oil Sands (Age 52)

Who are Canadian Natural Resources' major shareholders?

Canadian Natural Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include Addenda Capital Inc. (0.14%), Cardinal Capital Management Inc. (0.12%), DORCHESTER WEALTH MANAGEMENT Co (0.02%), JCIC Asset Management Inc. (0.02%), Hennessy Advisors Inc. (0.01%) and Lourd Capital LLC (0.00%).

Which institutional investors are selling Canadian Natural Resources stock?

CNQ stock was sold by a variety of institutional investors in the last quarter, including Virtu Financial LLC, JCIC Asset Management Inc. and Hennessy Advisors Inc..

Which institutional investors are buying Canadian Natural Resources stock?

CNQ stock was purchased by a variety of institutional investors in the last quarter, including DORCHESTER WEALTH MANAGEMENT Co, Cerebellum GP LLC, Addenda Capital Inc., Cardinal Capital Management Inc. and Lourd Capital LLC.

How do I buy shares of Canadian Natural Resources?

Shares of CNQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Canadian Natural Resources' stock price today?

One share of CNQ stock can currently be purchased for approximately $27.2350.

How big of a company is Canadian Natural Resources?

Canadian Natural Resources has a market capitalization of $33.85 billion and generates $12.84 billion in revenue each year. The oil and gas producer earns $1.85 billion in net income (profit) each year or $0.83 on an earnings per share basis. Canadian Natural Resources employs 9,973 workers across the globe.

What is Canadian Natural Resources' official website?

The official website for Canadian Natural Resources is http://www.cnrl.com.

How can I contact Canadian Natural Resources?

Canadian Natural Resources' mailing address is 2100 855-2 STREET SW, CALGARY A0, T2P 4J8. The oil and gas producer can be reached via phone at 403-517-6700 or via email at [email protected]


MarketBeat Community Rating for Canadian Natural Resources (NYSE CNQ)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  458 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  796
MarketBeat's community ratings are surveys of what our community members think about Canadian Natural Resources and other stocks. Vote "Outperform" if you believe CNQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CNQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/17/2019 by MarketBeat.com Staff

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