NYSE:CNQ Canadian Natural Resources (CNQ) Stock Price, News & Analysis $34.43 0.00 (0.00%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$34.01▼$34.5950-Day Range$33.69▼$38.7352-Week Range$29.13▼$41.29Volume7.92 million shsAverage Volume5.68 million shsMarket Capitalization$73.26 billionP/E Ratio13.72Dividend Yield4.47%Price Target$47.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Canadian Natural Resources alerts: Email Address Canadian Natural Resources MarketRank™ Stock AnalysisAnalyst RatingHold2.11 Rating ScoreUpside/Downside36.5% Upside$47.00 Price TargetShort InterestHealthy1.40% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-7.75Upright™ Environmental ScoreNews Sentiment0.66Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth2.79%From $2.87 to $2.95 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.4.69 out of 5 starsOils/Energy Sector23rd out of 248 stocksCrude Petroleum & Natural Gas Industry9th out of 80 stocks 3.1 Analyst's Opinion Consensus RatingCanadian Natural Resources has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 1 buy rating, 8 hold ratings, and no sell ratings.Amount of Analyst CoverageCanadian Natural Resources has only been the subject of 3 research reports in the past 90 days.Read more about Canadian Natural Resources' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.40% 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 6.3.Change versus previous monthShort interest in Canadian Natural Resources has recently decreased by 53.21%, indicating that investor sentiment is improving significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipCanadian Natural Resources is a leading dividend payer. It pays a dividend yield of 4.47%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanadian Natural Resources has been increasing its dividend for 23 years.Dividend CoverageThe dividend payout ratio of Canadian Natural Resources is 61.35%. 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 52.20% next year. This indicates that Canadian Natural Resources will be able to sustain or increase its dividend.Read more about Canadian Natural Resources' 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 2.6 News and Social Media Coverage News SentimentCanadian Natural Resources has a news sentiment score of 0.66. 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 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Canadian Natural Resources this week, compared to 4 articles on an average week.Search InterestOnly 30 people have searched for CNQ on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Canadian Natural Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -36% 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.Read more about Canadian Natural Resources' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Canadian Natural Resources are expected to grow by 2.79% in the coming year, from $2.87 to $2.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Natural Resources is 13.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Natural Resources is 13.72, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.69.Price to Book Value per Share RatioCanadian Natural Resources has a P/B Ratio of 2.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Canadian Natural Resources' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.Click here to see it because it’s a SHOCKER… About Canadian Natural Resources Stock (NYSE:CNQ)Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells 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 (thermal oil), and synthetic crude oil (SCO). The company's midstream assets include two pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. 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 HeadlinesJuly 25 at 7:44 AM | msn.comInvest $20,000 in 2 TSX Stocks for $863/Year in Passive IncomeJuly 22, 2024 | marketwatch.comCanadian Natural Resources Ltd. stock rises Monday, still underperforms marketJuly 26, 2024 | Porter & Company (Ad)We recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…July 20, 2024 | americanbankingnews.comCanadian Natural Resources (NYSE:CNQ) Now Covered by Wolfe ResearchJuly 19, 2024 | markets.businessinsider.comIs the Options Market Predicting a Spike in Canadian Natural Stock?July 17, 2024 | seekingalpha.comCanadian Natural Resources: One Of The Best Oil And Gas YieldsJuly 15, 2024 | financialpost.comAlberta Energy Regulator penalizes CNRL for contravening the Environmental Protection and Enhancement ActJune 26, 2024 | seekingalpha.comCanadian Natural Resources Advantage: Low Breakeven Costs, High Reserves, And Strong Shareholder ReturnsJuly 26, 2024 | Porter & Company (Ad)We recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…June 18, 2024 | investorplace.com3 Oil & Gas Stocks to Buy Now: June 2024June 12, 2024 | seekingalpha.comCanadian Natural Resources: Rising Premium To Peer Group Points To Lower Relative PerformanceMay 21, 2024 | finance.yahoo.comTrans Mountain Expansion Pipeline in Service: A Quick RundownMay 20, 2024 | finance.yahoo.comExploring Top TSX Dividend Stocks In May 2024May 15, 2024 | finance.yahoo.comWildfire Threat to Oil-Sands City Seen Easing as Wind ShiftsMay 11, 2024 | finance.yahoo.com15 Fastest-Growing Cities in CanadaMay 3, 2024 | reuters.comUS stands to lose Canadian natural gas when LNG Canada terminal starts upMay 2, 2024 | oilprice.comCanadian Natural Resources Misses Q1 Earnings ExpectationsMay 2, 2024 | msn.comCanadian Natural considering major expansion of Horizon oil sands mine, CEO saysSee 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 Last Earnings5/02/2024Ex-Dividend for 7/5 Dividend6/17/2024Dividend Payable7/05/2024Today7/26/2024Next Earnings (Confirmed)8/01/2024Fiscal 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) 514-7777Fax403-517-7350Employees10,272Year Founded1989Price Target and Rating Average Stock Price Target$47.00 High Stock Price Target$51.00 Low Stock Price Target$42.50 Potential Upside/Downside+36.5%Consensus RatingHold Rating Score (0-4)2.11 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$2.51 Trailing P/E Ratio13.72 Forward P/E Ratio12.00 P/E GrowthN/ANet Income$6.10 billion Net Margins18.21% Pretax Margin22.80% Return on Equity20.58% Return on Assets10.69% Debt Debt-to-Equity Ratio0.23 Current Ratio0.88 Quick Ratio0.61 Sales & Book Value Annual Sales$30.25 billion Price / Sales2.42 Cash Flow$5.16 per share Price / Cash Flow6.67 Book Value$13.75 per share Price / Book2.50Miscellaneous Outstanding Shares2,127,890,000Free Float2,021,495,000Market Cap$73.26 billion OptionableOptionable Beta1.52 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Norman Murray Edwards O.C. (Age 64)Executive Chairman Comp: $8.5MMr. Scott G. Stauth (Age 58)President & Director Comp: $2.78MMr. Mark A. Stainthorpe C.F.A. (Age 46)CFO & Senior VP of Finance Comp: $1.88MRobin Sean Zabek (Age 52)Chief Operating Officer of Exploration & Production Comp: $945.16kVictor Clinton Darel C.A. (Age 42)CPA, Senior 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 More ExecutivesKey CompetitorsShellNYSE:SHELTotalEnergiesNYSE:TTEEOG ResourcesNYSE:EOGOccidental PetroleumNYSE:OXYENINYSE:EView All CompetitorsInstitutional OwnershipAustralianSuper Pty LtdBought 20,334 shares on 7/26/2024Ownership: 0.004%Atomi Financial Group Inc.Bought 9,741 shares on 7/26/2024Ownership: 0.001%Checchi Capital Advisers LLCBought 7,980 shares on 7/26/2024Ownership: 0.001%Harbour Investments Inc.Bought 2,760 shares on 7/26/2024Ownership: 0.000%Alpha Omega Wealth Management LLCBought 2,850 shares on 7/26/2024Ownership: 0.000%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 has a market capitalization of $37.86 billion, indicating a strong position in the industry. The company recently increased its quarterly dividend to $0.777, showcasing a commitment to rewarding shareholders. Canadian Natural Resources has a low price-to-earnings ratio of 7.08, suggesting the stock may be undervalued. Institutional investors, including Canada Pension Plan Investment Board, have been increasing their stakes in the company, reflecting confidence in its future performance. The company's revenue for the last quarter exceeded consensus estimates, indicating strong operational performance. Cons Investors should be bearish about investing in Canadian Natural Resources Limited for these reasons: The stock is currently trading down 0.5%, which may indicate short-term volatility or market concerns. Canadian Natural Resources has a debt-to-equity ratio of 0.23, which could pose some financial risk in case of economic downturns. The company's current ratio of 0.88 and quick ratio of 0.61 suggest potential liquidity challenges in the short term. While the dividend yield is attractive at 8.78%, the payout ratio of 61.55% may limit future dividend growth or reinvestment in the business. Despite positive earnings, missing analysts' consensus estimates by a small margin could impact investor sentiment in the short term. 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 Friday, July 5, 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 How have CNQ shares performed this year? Canadian Natural Resources' stock was trading at $32.76 at the start of the year. Since then, CNQ stock has increased by 5.1% and is now trading at $34.43. View the best growth stocks for 2024 here. How were Canadian Natural Resources' earnings last quarter? Canadian Natural Resources Limited (NYSE:CNQ) released its quarterly earnings data on Thursday, May, 2nd. The oil and gas producer reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.52 by $0.01. The oil and gas producer had revenue of $6.12 billion for the quarter, compared to analysts' expectations of $6.01 billion. Canadian Natural Resources had a trailing twelve-month return on equity of 20.58% and a net margin of 18.21%. When did Canadian Natural Resources' stock split? Shares of Canadian Natural Resources split before market open on Tuesday, June 11th 2024. The 2-1 split was announced on Tuesday, June 11th 2024. The newly minted shares were distributed to shareholders after the market closes on Tuesday, June 11th 2024. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. 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. Who are Canadian Natural Resources' major shareholders? Top institutional investors of Canadian Natural Resources include Bank of New York Mellon Corp (0.12%), Addenda Capital Inc. (0.11%), Dixon Mitchell Investment Counsel Inc. (0.09%) and Baskin Financial Services Inc. (0.05%). 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. What other stocks do shareholders of Canadian Natural Resources own? Based on aggregate information from My MarketBeat watchlists, some other companies that Canadian Natural Resources investors own include Pfizer (PFE), Intel (INTC), Micron Technology (MU), AbbVie (ABBV), Bank of America (BAC), Gilead Sciences (GILD) and QUALCOMM (QCOM). This page (NYSE:CNQ) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. 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