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

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$26.40 -0.80 (-2.94 %)
(As of 11/20/2018 10:30 AM ET)
Previous Close$27.20
Today's Range$26.20 - $26.75
52-Week Range$26.69 - $38.20
Volume976,019 shs
Average Volume3.76 million shs
Market Capitalization$32.89 billion
P/E Ratio31.81
Dividend Yield3.79%
Beta1.37
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

Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:CNQ
Previous Symbol
CUSIPN/A
Phone403-517-6700

Debt

Debt-to-Equity Ratio0.58
Current Ratio0.92
Quick Ratio0.69

Price-To-Earnings

Trailing P/E Ratio31.81
Forward P/E Ratio9.67
P/E Growth1.65

Sales & Book Value

Annual Sales$12.84 billion
Price / Sales2.49
Cash Flow$3.9759 per share
Price / Cash6.64
Book Value$20.05 per share
Price / Book1.32

Profitability

EPS (Most Recent Fiscal Year)$0.83
Net Income$1.85 billion
Net Margins15.94%
Return on Equity12.33%
Return on Assets5.43%

Miscellaneous

Employees9,973
Outstanding Shares1,212,940,000
Market Cap$32.89 billion
OptionableOptionable

Canadian Natural Resource (NYSE:CNQ) Frequently Asked Questions

What is Canadian Natural Resource's stock symbol?

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

How often does Canadian Natural Resource pay dividends? What is the dividend yield for Canadian Natural Resource?

Canadian Natural Resource announced a quarterly dividend on Thursday, November 1st. Investors 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 annualized dividend and a dividend yield of 3.87%. The ex-dividend date is Friday, December 7th. View Canadian Natural Resource's Dividend History.

How will Canadian Natural Resource's stock buyback program work?

Canadian Natural Resource declared that its board has initiated a stock repurchase program on Thursday, March 15th 2018, which allows the company to repurchase 61,300,000 shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

How were Canadian Natural Resource's earnings last quarter?

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

When is Canadian Natural Resource's next earnings date?

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

What price target have analysts set for CNQ?

8 equities research analysts have issued 1 year target prices for Canadian Natural Resource's stock. Their forecasts range from $38.40 to $60.00. On average, they expect Canadian Natural Resource's stock price to reach $50.1333 in the next twelve months. This suggests a possible upside of 90.0% from the stock's current price. View Analyst Price Targets for Canadian Natural Resource.

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

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resource in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Canadian Natural Resource.

Has Canadian Natural Resource been receiving favorable news coverage?

Media coverage about CNQ stock has trended somewhat negative this week, InfoTrie reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. 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 Resource earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned media headlines about the oil and gas producer a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days.

Who are some of Canadian Natural Resource's key competitors?

Who are Canadian Natural Resource's key executives?

Canadian Natural Resource's 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 Resource's major shareholders?

Canadian Natural Resource's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Capital Research Global Investors (5.61%), Capital World Investors (3.09%), FIL Ltd (2.22%), TD Asset Management Inc. (2.19%), Canada Pension Plan Investment Board (2.01%) and Mackenzie Financial Corp (1.69%).

Which institutional investors are selling Canadian Natural Resource stock?

CNQ stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, FIL Ltd, Alliancebernstein L.P., Cambiar Investors LLC, Connor Clark & Lunn Investment Management Ltd., Point72 Asset Management L.P., Waratah Capital Advisors Ltd. and Renaissance Technologies LLC.

Which institutional investors are buying Canadian Natural Resource stock?

CNQ stock was purchased by a variety of institutional investors in the last quarter, including Capital World Investors, Capital International Investors, Mackenzie Financial Corp, Franklin Resources Inc., Toronto Dominion Bank, AQR Capital Management LLC, Schroder Investment Management Group and Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp.

How do I buy shares of Canadian Natural Resource?

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 Resource's stock price today?

One share of CNQ stock can currently be purchased for approximately $26.39.

How big of a company is Canadian Natural Resource?

Canadian Natural Resource has a market capitalization of $32.89 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 Resource employs 9,973 workers across the globe.

What is Canadian Natural Resource's official website?

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

How can I contact Canadian Natural Resource?

Canadian Natural Resource's 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 Resource (NYSE CNQ)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  449 (Vote Outperform)
Underperform Votes:  327 (Vote Underperform)
Total Votes:  776
MarketBeat's community ratings are surveys of what our community members think about Canadian Natural Resource 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 11/20/2018 by MarketBeat.com Staff

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