NYSE:CNQ - Canadian Natural Resource Stock Price, Price Target & More

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$36.08 -0.24 (-0.66 %)
(As of 07/17/2018 04:00 PM ET)
Previous Close$36.32
Today's Range$35.77 - $36.15
52-Week Range$29.20 - $38.20
Volume2.11 million shs
Average Volume3.06 million shs
Market Capitalization$45.18 billion
P/E Ratio43.49
Dividend Yield2.80%
Beta1.29
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 Ratio0.67
Current Ratio1.01
Quick Ratio0.78

Price-To-Earnings

Trailing P/E Ratio43.49
Forward P/E Ratio15.22
P/E Growth2.83

Sales & Book Value

Annual Sales$12.84 billion
Price / Sales3.44
Cash Flow$3.9956 per share
Price / Cash9.03
Book Value$20.05 per share
Price / Book1.80

Profitability

EPS (Most Recent Fiscal Year)$0.83
Net Income$1.85 billion
Net Margins14.43%
Return on Equity6.36%
Return on Assets2.74%

Miscellaneous

Employees9,973
Outstanding Shares1,224,500,000
Market Cap$45,184.13

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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 Friday, May 4th. Stockholders of record on Friday, June 15th will be paid a dividend of $0.2609 per share on Sunday, July 1st. This represents a $1.04 annualized dividend and a dividend yield of 2.89%. The ex-dividend date is Thursday, June 14th. View Canadian Natural Resource's Dividend History.

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

Canadian Natural Resource declared that its Board of Directors has authorized 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 repurchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

How were Canadian Natural Resource's earnings last quarter?

Canadian Natural Resource Ltd (NYSE:CNQ) announced its quarterly earnings data on Thursday, May, 3rd. The oil and gas producer reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.14. The oil and gas producer earned $4.54 billion during the quarter, compared to analyst estimates of $4.16 billion. Canadian Natural Resource had a return on equity of 6.36% and a net margin of 14.43%. During the same quarter in the prior year, the company posted $0.25 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, August, 2nd 2018. View Earnings Estimates for Canadian Natural Resource.

What price target have analysts set for CNQ?

6 equities research analysts have issued 1-year price targets for Canadian Natural Resource's stock. Their forecasts range from $33.00 to $64.00. On average, they anticipate Canadian Natural Resource's stock price to reach $50.50 in the next year. This suggests a possible upside of 40.0% from the stock's current price. View Analyst Ratings 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 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Are investors shorting Canadian Natural Resource?

Canadian Natural Resource saw a increase in short interest during the month of June. As of June 15th, there was short interest totalling 4,628,475 shares, an increase of 54.6% from the May 31st total of 2,993,152 shares. Based on an average trading volume of 3,289,368 shares, the days-to-cover ratio is currently 1.4 days. View Canadian Natural Resource's Current Options Chain.

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?

Press coverage about CNQ stock has trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Canadian Natural Resource earned a daily sentiment score of 0.19 on Accern's scale. They also assigned news articles about the oil and gas producer an impact score of 47.21 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Who are Canadian Natural Resource's major shareholders?

Canadian Natural Resource's stock is owned by a number of of retail and institutional investors. Top institutional investors include Addenda Capital Inc. (0.25%), Hexavest Inc. (0.22%), Addenda Capital Inc. (0.13%), Assenagon Asset Management S.A. (0.12%), Cardinal Capital Management Inc. (0.11%) and Gulf International Bank UK Ltd (0.03%). View Institutional Ownership Trends for Canadian Natural Resource.

Which institutional investors are selling Canadian Natural Resource stock?

CNQ stock was sold by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc. and Meag Munich Ergo Kapitalanlagegesellschaft MBH. View Insider Buying and Selling for Canadian Natural Resource.

Which institutional investors are buying Canadian Natural Resource stock?

CNQ stock was bought by a variety of institutional investors in the last quarter, including Hexavest Inc., Addenda Capital Inc., Assenagon Asset Management S.A., Addenda Capital Inc., Gulf International Bank UK Ltd, NN Investment Partners Holdings N.V., DORCHESTER WEALTH MANAGEMENT Co and Campbell & CO Investment Adviser LLC. View Insider Buying and Selling for Canadian Natural Resource.

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 $36.08.

How big of a company is Canadian Natural Resource?

Canadian Natural Resource has a market capitalization of $45.18 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:  423 (Vote Outperform)
Underperform Votes:  301 (Vote Underperform)
Total Votes:  724
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 7/17/2018 by MarketBeat.com Staff

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