Canadian Natural Resources Limited Company Profile (NYSE:CNQ)

About Canadian Natural Resources Limited (NYSE:CNQ)

Canadian Natural Resources Limited logoCanadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company's segments include Exploration and Production, Oil Sands Mining and Upgrading, and Midstream. The Exploration and Production segment includes exploration, development, production and marketing of crude oil, natural gas liquids (NGLs) and natural gas. The Company's exploration and production operations are focused in North America in Western Canada, the United Kingdom portion of the North Sea, and Cote d'Ivoire, Gabon and South Africa in Offshore Africa. The Horizon Oil Sands Mining and Upgrading segment (Horizon) produces synthetic crude oil (SCO) through bitumen mining and upgrading operations. Midstream activities include the Company's pipeline operations, an electricity co-generation system and an investment in the North West Redwater Partnership (Redwater Partnership).

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Exploration and Production
  • Sub-Industry: N/A
  • Symbol: NYSE:CNQ
  • CUSIP: N/A
  • Web: www.cnrl.com
Capitalization:
  • Market Cap: $40.13 billion
  • Outstanding Shares: 1,215,214,000
Average Prices:
  • 50 Day Moving Avg: $33.13
  • 200 Day Moving Avg: $31.22
  • 52 Week Range: $27.52 - $35.28
P/E:
  • Trailing P/E Ratio: 28.84
  • Foreward P/E Ratio: 23.09
  • P/E Growth: 12.75
Sales & Book Value:
  • Annual Revenue: $10.82 billion
  • Price / Sales: 3.71
  • Book Value: $20.98 per share
  • Price / Book: 1.57
Dividend:
  • Annual Dividend: $0.88
  • Dividend Yield: 2.7%
Profitability:
  • EBITDA: $5.09 billion
  • Net Margins: 11.50%
  • Return on Equity: 3.33%
  • Return on Assets: 1.47%
Debt:
  • Debt-to-Equity Ratio: 0.69%
  • Current Ratio: 0.80%
  • Quick Ratio: 0.63%
Misc:
  • Average Volume: 1.90 million shs.
  • Beta: 1.47
  • Short Ratio: 3.43
 

Frequently Asked Questions for Canadian Natural Resources Limited (NYSE:CNQ)

What is Canadian Natural Resources Limited's stock symbol?

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

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

Canadian Natural Resources Limited declared a quarterly dividend on Thursday, August 3rd. Shareholders of record on Friday, September 15th will be paid a dividend of $0.2212 per share on Sunday, October 1st. This represents a $0.88 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date is Thursday, September 14th. This is a boost from Canadian Natural Resources Limited's previous quarterly dividend of $0.20. View Canadian Natural Resources Limited's Dividend History.

How will Canadian Natural Resources Limited's stock buyback program work?

Canadian Natural Resources Limited announced that its board has authorized a share repurchase plan on Sunday, June 4th 2017, which authorizes the company to buyback 54,640,000 shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's management believes its stock is undervalued.

How were Canadian Natural Resources Limited's earnings last quarter?

Canadian Natural Resources Limited (NYSE:CNQ) posted its quarterly earnings results on Thursday, March, 2nd. The company reported $0.30 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.07 by $0.23. The firm had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.52 billion. Canadian Natural Resources Limited had a net margin of 11.50% and a return on equity of 3.33%. View Canadian Natural Resources Limited's Earnings History.

When will Canadian Natural Resources Limited make its next earnings announcement?

Canadian Natural Resources Limited is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Canadian Natural Resources Limited.

Where is Canadian Natural Resources Limited's stock going? Where will Canadian Natural Resources Limited's stock price be in 2017?

12 brokerages have issued 1-year target prices for Canadian Natural Resources Limited's stock. Their forecasts range from $33.00 to $64.00. On average, they anticipate Canadian Natural Resources Limited's share price to reach $47.90 in the next twelve months. View Analyst Ratings for Canadian Natural Resources Limited.

Who are some of Canadian Natural Resources Limited's key competitors?

Who are Canadian Natural Resources Limited's key executives?

Canadian Natural Resources Limited's management team includes the folowing people:

  • Norman Murray Edwards, Executive Chairman of the Board
  • Steve W. Laut, President, Director
  • Corey B. Bieber, Chief Financial Officer, Senior Vice President - Finance
  • Tim S. McKay, Chief Operating Officer
  • Darren M. Fichter, Executive Vice President - Canadian Conventional
  • Real M. Cusson, Senior Vice President - Marketing
  • Real J. H. Doucet, Senior Vice President - Horizon Projects
  • Allan E. Frankiw, Senior Vice President - Production
  • Ronald K. Laing, Senior Vice President - Corporate Development and Land
  • William R. Peterson, Senior Vice President - Development Operations

Who owns Canadian Natural Resources Limited stock?

Canadian Natural Resources Limited's stock is owned by a number of of retail and institutional investors. Top institutional investors include APG Asset Management N.V. (0.13%), Ingalls & Snyder LLC (0.12%), Barometer Capital Management Inc. (0.04%), Shell Asset Management Co. (0.02%) and DORCHESTER WEALTH MANAGEMENT Co (0.01%). View Institutional Ownership Trends for Canadian Natural Resources Limited.

Who bought Canadian Natural Resources Limited stock? Who is buying Canadian Natural Resources Limited stock?

Canadian Natural Resources Limited's stock was purchased by a variety of institutional investors in the last quarter, including Barometer Capital Management Inc., Shell Asset Management Co., Ingalls & Snyder LLC, APG Asset Management N.V. and DORCHESTER WEALTH MANAGEMENT Co. View Insider Buying and Selling for Canadian Natural Resources Limited.

How do I buy Canadian Natural Resources Limited stock?

Shares of Canadian Natural Resources Limited can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Canadian Natural Resources Limited's stock price today?

One share of Canadian Natural Resources Limited stock can currently be purchased for approximately $33.02.


MarketBeat Community Rating for Canadian Natural Resources Limited (NYSE CNQ)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  346 (Vote Outperform)
Underperform Votes:  235 (Vote Underperform)
Total Votes:  581
MarketBeat's community ratings are surveys of what our community members think about Canadian Natural Resources Limited and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Canadian Natural Resources Limited (NYSE:CNQ) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 9 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.92)
Consensus Price Target: $47.90 (45.06% upside)
Consensus Price Target History for Canadian Natural Resources Limited (NYSE:CNQ)
Price Target History for Canadian Natural Resources Limited (NYSE:CNQ)
Analysts' Ratings History for Canadian Natural Resources Limited (NYSE:CNQ)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/13/2017Morgan StanleyBoost Price TargetOverweight$46.00 -> $52.00N/AView Rating Details
9/5/2017Canaccord GenuityReiterated RatingBuy$47.00LowView Rating Details
7/21/2017Citigroup Inc.DowngradeBuy -> Neutral$40.00 -> $33.00HighView Rating Details
6/27/2017National Bank FinancialInitiated CoverageOutperformLowView Rating Details
6/22/2017Goldman Sachs Group, Inc. (The)Reiterated RatingBuy -> Buy$36.00LowView Rating Details
3/10/2017Royal Bank Of CanadaBoost Price TargetTop Pick -> Top Pick$55.00 -> $60.00LowView Rating Details
2/2/2017DesjardinsUpgradeHold -> Buy$48.00N/AView Rating Details
1/27/2017TD SecuritiesUpgradeHold -> BuyN/AView Rating Details
1/14/2017Wells Fargo & CompanyReiterated RatingOutperformN/AView Rating Details
12/16/2016ScotiabankReiterated RatingOutperform$45.00N/AView Rating Details
12/15/2016InstinetReiterated RatingBuy$44.00 -> $48.00N/AView Rating Details
10/28/2016Seaport Global SecuritiesInitiated CoverageHold$64.00N/AView Rating Details
8/19/2016Bank of America CorporationInitiated CoverageBuy$38.00N/AView Rating Details
8/5/2016J P Morgan Chase & CoBoost Price TargetOverweight$46.00 -> $47.00N/AView Rating Details
8/5/2016MacquarieUpgradeNeutral -> OutperformN/AView Rating Details
6/20/2016NomuraReiterated RatingBuyN/AView Rating Details
6/16/2016Credit Suisse GroupReiterated RatingBuyN/AView Rating Details
5/19/2016Raymond James Financial, Inc.Reiterated RatingOutperformN/AView Rating Details
5/9/2016Barclays PLCReiterated RatingOverweight$36.00 -> $39.00N/AView Rating Details
3/7/2016CIBCReiterated RatingSector Outperform$36.00 -> $40.00N/AView Rating Details
3/7/2016BMO Capital MarketsReiterated RatingOutperform$34.00 -> $36.00N/AView Rating Details
1/12/2016Societe GeneraleReiterated RatingBuy$40.00 -> $35.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Canadian Natural Resources Limited (NYSE:CNQ)
Earnings by Quarter for Canadian Natural Resources Limited (NYSE:CNQ)
Earnings History by Quarter for Canadian Natural Resources Limited (NYSE CNQ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017$0.07N/AView Earnings Details
3/2/201712/31/2016$0.07$0.30$2.52 billion$2.75 billionViewListenView Earnings Details
8/4/2016Q116($0.20)($0.19)$1.80 billion$2.55 billionViewN/AView Earnings Details
3/3/2016Q415($0.12)($0.04)$2.66 billion$2.79 billionViewN/AView Earnings Details
11/5/2015Q315$0.11$0.10$2.88 billion$3.11 billionViewN/AView Earnings Details
8/6/2015Q2($0.12)$0.19$3.08 billion$3.66 billionViewN/AView Earnings Details
5/7/2015Q1 2015$0.04($0.03)$3.65 billion$2.68 billionViewN/AView Earnings Details
3/5/2015Q4$0.78$0.56$5.06 billion$3.88 billionViewN/AView Earnings Details
11/6/2014Q3$0.74$0.87$4.64 billion$4.70 billionViewN/AView Earnings Details
8/7/2014Q214$0.91$0.93$5.24 billion$6.11 billionViewN/AView Earnings Details
5/8/2014Q1$0.73$0.65$4.24 billion$4.97 billionViewN/AView Earnings Details
3/6/2014Q4$0.52$0.52$4.04 billionViewN/AView Earnings Details
11/7/2013$0.94$0.85$4.55 billion$5.28 billionViewN/AView Earnings Details
8/8/2013Q213$0.44$0.42$3.47 billion$3.78 billionViewN/AView Earnings Details
5/2/2013Q113$0.44$0.37$9.13 billion$4.10 billionViewN/AView Earnings Details
3/7/2013$0.39$0.33$3.52 billionViewN/AView Earnings Details
11/8/2012$0.50$0.32$3.43 billionViewN/AView Earnings Details
8/9/2012$0.54$0.68ViewN/AView Earnings Details
5/3/2012$0.43$0.27ViewN/AView Earnings Details
3/8/2012$0.87$0.89ViewN/AView Earnings Details
11/3/2011$0.64$0.65ViewN/AView Earnings Details
8/4/2011$0.52$0.85ViewN/AView Earnings Details
5/5/2011$0.41$0.21ViewN/AView Earnings Details
3/3/2011$0.69$0.57ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Canadian Natural Resources Limited (NYSE:CNQ)
2017 EPS Consensus Estimate: $0.36
2018 EPS Consensus Estimate: $2.09
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q4 20171$0.36$0.36$0.36
Q1 20181$0.49$0.49$0.49
Q2 20181$0.56$0.56$0.56
Q3 20181$0.48$0.48$0.48
Q4 20181$0.56$0.56$0.56
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Canadian Natural Resources Limited (NYSE:CNQ)
Most Recent Dividend:10/1/2017
Annual Dividend:$0.88
Dividend Yield:2.67%
Dividend Growth:3.90% (3 Year Average)
Payout Ratio:86.28% (Trailing 12 Months of Earnings)
108.64% (Based on This Year's Estimates)
61.54% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Canadian Natural Resources Limited (NYSE:CNQ)

Dividend History by Quarter for Canadian Natural Resources Limited (NYSE CNQ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/3/2017quarterly$0.222.79%9/14/20179/15/201710/1/2017
5/4/2017quarterly$0.202.68%6/14/20176/16/20177/1/2017
3/2/2017quarterly$0.212.47%3/15/20173/17/20174/1/2017
11/3/2016quarterly$0.192.44%12/7/201612/9/20161/1/2017
8/4/2016quarterly$0.182.33%9/14/20169/16/201610/1/2016
5/6/2016quarterly$0.182.65%6/15/20166/17/20167/1/2016
3/4/2016quarterly$0.172.63%3/16/20163/18/20164/1/2016
11/6/2015quarterly$0.182.78%12/9/201512/11/201512/31/2015
8/7/2015quarterly$0.182.81%9/9/20159/11/201510/1/2015
5/8/2015quarterly$0.192.39%6/10/20156/12/20157/1/2015
3/5/2015quarterly$0.192.48%3/12/20153/16/20154/1/2015
11/6/2014quarterly$0.202.3%12/10/201412/12/20141/1/2015
8/7/2014quarterly$0.212.01%9/10/20149/12/201410/1/2014
5/9/2014quarterly$0.212.09%6/11/20146/13/20147/1/2014
3/6/2014quarterly$0.202.18%3/13/20143/17/20144/1/2014
11/7/2013$0.1912/11/201312/13/20131/1/2014
11/7/2013quarterly$0.192.46%12/11/201312/13/20131/1/2014
8/9/2013quarterly$0.121.58%9/11/20139/13/201310/1/2013
5/3/2013quarterly$0.121.69%6/12/20136/14/20137/1/2013
3/7/2013quarterly$0.131.56%3/14/20133/15/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Canadian Natural Resources Limited (NYSE:CNQ)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Canadian Natural Resources Limited (NYSE:CNQ)
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Chart

Canadian Natural Resources Limited (CNQ) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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