NYSE:CNQ

Canadian Natural Resources Stock Forecast, Price & News

$37.21
+0.24 (+0.65 %)
(As of 06/11/2021 12:00 AM ET)
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Today's Range
$37.11
$37.65
50-Day Range
$29.38
$37.68
52-Week Range
$14.85
$38.00
Volume1.43 million shs
Average Volume3.41 million shs
Market Capitalization$44.09 billion
P/E Ratio25.31
Dividend Yield2.60%
Beta1.87
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About Canadian Natural Resources

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers synthetic crude oil (SCO), light and medium crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake heavy crude oil. 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, 2020, the company had total proved crude oil, bitumen, SCO, and NGLs reserves were 10,528 million barrels (MMbbl); total proved plus probable crude oil, bitumen, SCO, and NGLs reserves were 13,271 MMbbl; proved natural gas reserves were 9,465 billion cubic feet (Bcf); and total proved plus probable natural gas reserves were 15,922 Bcf. 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.

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MarketRank

Overall MarketRank

2.03 out of 5 stars

Oils/Energy Sector

35th out of 688 stocks

Crude Petroleum & Natural Gas Industry

10th out of 256 stocks

Analyst Opinion: 3.4Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Canadian Natural Resources (NYSE:CNQ) Frequently Asked Questions

Is Canadian Natural Resources a buy right now?

17 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 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Canadian Natural Resources stock.
View analyst ratings for Canadian Natural Resources
or view top-rated stocks.

What stocks does MarketBeat like better than Canadian Natural Resources?

Wall Street analysts have given Canadian Natural Resources a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Canadian Natural Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Canadian Natural Resources' next earnings date?

Canadian Natural Resources is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Canadian Natural Resources
.

How were Canadian Natural Resources' earnings last quarter?

Canadian Natural Resources Limited (NYSE:CNQ) issued its quarterly earnings data on Wednesday, March, 3rd. The oil and gas producer reported $0.15 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.02. The oil and gas producer had revenue of $3.85 billion for the quarter, compared to analysts' expectations of $3.83 billion. Canadian Natural Resources had a net margin of 11.49% and a trailing twelve-month return on equity of 2.27%.
View Canadian Natural Resources' earnings history
.

How has Canadian Natural Resources' stock price been impacted by COVID-19?

Canadian Natural Resources' stock was trading at $15.08 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CNQ shares have increased by 146.8% and is now trading at $37.21.
View which stocks have been most impacted by COVID-19
.

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 Monday, May 10th. Investors of record on Friday, June 18th will be paid a dividend of $0.3855 per share on Monday, July 5th. This represents a $1.54 annualized dividend and a yield of 4.14%. The ex-dividend date is Thursday, June 17th. This is an increase from Canadian Natural Resources's previous quarterly dividend of $0.37.
View Canadian Natural Resources' dividend history
.

Is Canadian Natural Resources a good dividend stock?

Canadian Natural Resources pays an annual dividend of $0.96 per share and currently has a dividend yield of 2.60%.
View Canadian Natural Resources' dividend history.

What price target have analysts set for CNQ?

17 brokers have issued twelve-month target prices for Canadian Natural Resources' shares. Their forecasts range from $29.00 to $92.00. On average, they expect Canadian Natural Resources' stock price to reach $45.75 in the next year. This suggests a possible upside of 23.0% from the stock's current price.
View analysts' price targets for Canadian Natural Resources
or view top-rated stocks among Wall Street analysts.

Who are Canadian Natural Resources' key executives?

Canadian Natural Resources' management team includes the following people:
  • Mr. Norman Murray Edwards O.C., Exec. Chairman (Age 61, Pay $7.38M)
  • Mr. Timothy Shawn McKay, Pres & Director (Age 59, Pay $4.04M)
  • Mr. Mark A. Stainthorpe C.F.A., CFO & Sr. VP of Fin. (Age 43, Pay $1.24M)
  • Mr. Scott G. Stauth, Chief Operating Officer of Oil Sands (Age 55, Pay $1.74M)
  • Mr. Darren M. Fichter, Chief Operating Officer of Exploration & Production (Age 50, Pay $1.55M)
  • Mr. Ronald Dae Jung Kim C.A., Principal Accounting Officer & VP of Fin.
  • Mr. Joy P. Romero, Vice-Pres of Technology & Innovation (Age 64)
  • Mr. Stephen C. Suche, Vice-Pres of Information & Corp. Services (Age 61)
  • Paul M. Mendes, VP of Legal, Gen. Counsel & Corp. Sec. (Age 55)
  • Mr. Ronald Keith Laing, Sr. Vice-Pres of Corp. Devel. & Land (Age 51)

What is Tim S. McKay's approval rating as Canadian Natural Resources' CEO?

6 employees have rated Canadian Natural Resources CEO Tim S. McKay on Glassdoor.com. Tim S. McKay has an approval rating of 96% among Canadian Natural Resources' employees. This puts Tim S. McKay in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Canadian Natural Resources' key competitors?

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).

What is Canadian Natural Resources' stock symbol?

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

Who are Canadian Natural Resources' major shareholders?

Canadian Natural Resources' stock is owned by many different retail and institutional investors. Top institutional investors include Canada Pension Plan Investment Board (2.48%), FIL Ltd (2.14%), TD Asset Management Inc. (1.99%), CIBC Asset Management Inc (1.27%), Bank of Nova Scotia (1.23%) and CIBC World Markets Inc. (1.04%).

Which major investors are selling Canadian Natural Resources stock?

CNQ stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, Capital International Investors, Great West Life Assurance Co. Can, Ameriprise Financial Inc., Holocene Advisors LP, Point72 Asset Management L.P., Price T Rowe Associates Inc. MD, and Letko Brosseau & Associates Inc..

Which major investors are buying Canadian Natural Resources stock?

CNQ stock was purchased by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Yacktman Asset Management LP, Toronto Dominion Bank, Morgan Stanley, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Bank of Nova Scotia, Goldman Sachs Group Inc., and CIBC Asset Management Inc.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Canadian Natural Resources' stock price today?

One share of CNQ stock can currently be purchased for approximately $37.21.

How much money does Canadian Natural Resources make?

Canadian Natural Resources has a market capitalization of $44.09 billion and generates $13.06 billion in revenue each year. The oil and gas producer earns $-324,730,000.00 in net income (profit) each year or ($0.43) on an earnings per share basis.

How many employees does Canadian Natural Resources have?

Canadian Natural Resources employs 9,993 workers across the globe.

When was Canadian Natural Resources founded?

Canadian Natural Resources was founded in 1989.

What is Canadian Natural Resources' official website?

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

Where are Canadian Natural Resources' headquarters?

Canadian Natural Resources is headquartered at 2100 855-2 STREET SW, CALGARY A0, T2P 4J8.

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 403-517-7345 or via email at [email protected]


This page was last updated on 6/13/2021 by MarketBeat.com Staff
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