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

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$32.38 -0.48 (-1.46 %)
(As of 09/20/2018 12:19 PM ET)
Previous Close$32.97
Today's Range$32.33 - $33.10
52-Week Range$29.20 - $38.20
Volume74,371 shs
Average Volume2.05 million shs
Market Capitalization$39.94 billion
P/E Ratio39.21
Dividend Yield3.14%
Beta1.22
Canadian Natural Resource logoCanadian 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
SymbolNYSE:CNQ
CUSIPN/A
Phone403-517-6700

Debt

Debt-to-Equity Ratio0.63
Current Ratio1.02
Quick Ratio0.81

Price-To-Earnings

Trailing P/E Ratio39.21
Forward P/E Ratio12.31
P/E Growth2.26

Sales & Book Value

Annual Sales$12.84 billion
Price / Sales3.08
Cash Flow$4.0475 per share
Price / Cash8.00
Book Value$20.05 per share
Price / Book1.61

Profitability

EPS (Most Recent Fiscal Year)$0.83
Net Income$1.85 billion
Net Margins12.34%
Return on Equity8.35%
Return on Assets3.62%

Miscellaneous

Employees9,973
Outstanding Shares1,221,070,000
Market Cap$39.94 billion

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 declared a quarterly dividend on Friday, August 3rd. Stockholders of record on Friday, September 14th will be paid a dividend of $0.257 per share on Monday, October 1st. This represents a $1.03 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date of this dividend is Thursday, September 13th. View Canadian Natural Resource's Dividend History.

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

Canadian Natural Resource announced that its Board of Directors has initiated a stock repurchase plan on Thursday, March 15th 2018, which authorizes the company to repurchase 61,300,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its shares are undervalued.

How were Canadian Natural Resource's earnings last quarter?

Canadian Natural Resource Ltd (NYSE:CNQ) issued its earnings results on Thursday, August, 2nd. The oil and gas producer reported $1.04 EPS for the quarter, beating the Zacks' consensus estimate of $0.54 by $0.50. The oil and gas producer earned $4.61 billion during the quarter, compared to analyst estimates of $4.28 billion. Canadian Natural Resource had a return on equity of 8.35% and a net margin of 12.34%. During the same period in the prior year, the firm posted $0.29 EPS. 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, November, 1st 2018. View Earnings Estimates for Canadian Natural Resource.

What price target have analysts set for CNQ?

6 analysts have issued twelve-month price targets for Canadian Natural Resource's shares. Their predictions range from $38.40 to $64.00. On average, they anticipate Canadian Natural Resource's stock price to reach $51.85 in the next twelve months. This suggests a possible upside of 60.1% from the stock's current price. View Analyst Price Targets for Canadian Natural Resource.

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resource in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Canadian Natural Resource.

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)

Has Canadian Natural Resource been receiving favorable news coverage?

Media headlines about CNQ stock have been trending somewhat positive on Thursday, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Canadian Natural Resource earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned media stories about the oil and gas producer an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Canadian Natural Resource.

Who are Canadian Natural Resource's major shareholders?

Canadian Natural Resource's stock is owned by many different of retail and institutional investors. Top institutional shareholders include TD Asset Management Inc. (2.21%), Canada Pension Plan Investment Board (1.99%), Beutel Goodman & Co Ltd. (1.45%), FMR LLC (1.43%), Caisse DE Depot ET Placement DU Quebec (1.25%) and CIBC Asset Management Inc (1.19%).

Which institutional investors are selling Canadian Natural Resource stock?

CNQ stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Caisse DE Depot ET Placement DU Quebec, Beutel Goodman & Co Ltd., Russell Investments Group Ltd., Dividend Assets Capital LLC, Renaissance Technologies LLC, Commonwealth Bank of Australia and Sei Investments Co..

Which institutional investors are buying Canadian Natural Resource stock?

CNQ stock was bought by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Connor Clark & Lunn Investment Management Ltd., OMERS ADMINISTRATION Corp, GMT Capital Corp, Hexavest Inc., Point72 Asset Management L.P., Waddell & Reed Financial Inc. and Highstreet Asset Management Inc..

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 $32.38.

How big of a company is Canadian Natural Resource?

Canadian Natural Resource has a market capitalization of $39.94 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.

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:  442 (Vote Outperform)
Underperform Votes:  321 (Vote Underperform)
Total Votes:  763
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 9/20/2018 by MarketBeat.com Staff

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