Canadian Natural Resources Stock Price, News & Analysis (NYSE:CNQ)

$27.44
+0.29 (+1.07 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$27.03
Now: $27.44
$27.5050
50-Day Range
$22.74
MA: $24.24
$28.49
52-Week Range
$21.85
Now: $27.44
$33.86
Volume2.03 million shs
Average Volume3.00 million shs
Market Capitalization$32.61 billion
P/E Ratio12.76
Dividend Yield4.15%
Beta1.16
Canadian Natural Resources Limited explores for, develops, produces, and markets 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. Read More…

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone403-517-6700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$17.19 billion
Cash Flow$5.5659 per share
Book Value$20.52 per share

Profitability

Net Income$2.00 billion

Miscellaneous

Employees9,709
Outstanding Shares1,188,520,000
Market Cap$32.61 billion
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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Canadian Natural Resources (NYSE:CNQ) Frequently Asked Questions

What is Canadian Natural Resources' stock symbol?

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

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 Thursday, August 1st. Stockholders of record on Friday, September 13th will be given a dividend of $0.284 per share on Tuesday, October 1st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 4.14%. The ex-dividend date is Thursday, September 12th. This is an increase from Canadian Natural Resources's previous quarterly dividend of $0.28. View Canadian Natural Resources' Dividend History.

How will Canadian Natural Resources' stock buyback program work?

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

How were Canadian Natural Resources' earnings last quarter?

Canadian Natural Resources Ltd (NYSE:CNQ) released its quarterly earnings results on Thursday, August, 1st. The oil and gas producer reported $0.87 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.62 by $0.25. The oil and gas producer had revenue of $4.16 billion for the quarter, compared to the consensus estimate of $4.36 billion. Canadian Natural Resources had a net margin of 22.22% and a return on equity of 8.62%. During the same period in the previous year, the company earned $1.04 EPS. View Canadian Natural Resources' Earnings History.

When is Canadian Natural Resources' next earnings date?

Canadian Natural Resources is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Canadian Natural Resources.

What price target have analysts set for CNQ?

18 analysts have issued 1-year price targets for Canadian Natural Resources' shares. Their forecasts range from $27.83 to $53.00. On average, they anticipate Canadian Natural Resources' stock price to reach $43.4256 in the next year. This suggests a possible upside of 58.3% from the stock's current price. View Analyst Price Targets for Canadian Natural Resources.

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

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last year. There are currently 1 sell rating, 4 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Canadian Natural Resources.

Has Canadian Natural Resources been receiving favorable news coverage?

News coverage about CNQ stock has trended somewhat negative recently, InfoTrie reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Canadian Natural Resources earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news coverage about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Canadian Natural Resources.

Are investors shorting Canadian Natural Resources?

Canadian Natural Resources saw a increase in short interest in August. As of August 31st, there was short interest totalling 7,933,100 shares, an increase of 8.4% from the July 31st total of 7,315,900 shares. Based on an average daily trading volume, of 2,460,000 shares, the days-to-cover ratio is currently 3.2 days. Currently, 0.7% of the shares of the company are sold short. View Canadian Natural Resources' Current Options Chain.

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 CA (CA), Micron Technology (MU), Bank of America (BAC), Intel (INTC), BlackRock (BLK), Energy Transfer LP Unit (ET), Endologix (ELGX), Chipotle Mexican Grill (CMG), Transocean (RIG) and AT&T (T).

Who are Canadian Natural Resources' key executives?

Canadian Natural Resources' management team includes the folowing people:
  • Mr. Norman Murray Edwards O.C., Exec. Chairman (Age 59)
  • Mr. Timothy Shawn McKay, Pres & Director (Age 57)
  • Mr. Steve W. Laut, Exec. Vice Chairman (Age 61)
  • Mr. Scott G. Stauth, Chief Operating Officer of Oil Sands (Age 53)
  • Mr. Corey B. Bieber C.A., CA, Exec. Advisor (Age 55)

Who are Canadian Natural Resources' major shareholders?

Canadian Natural Resources' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (2.95%), Invesco Ltd. (2.39%), TD Asset Management Inc. (2.30%), Canada Pension Plan Investment Board (2.04%), Beutel Goodman & Co Ltd. (1.99%) and Letko Brosseau & Associates Inc. (1.25%).

Which major investors are selling Canadian Natural Resources stock?

CNQ stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Great West Life Assurance Co. Can, Bank of New York Mellon Corp, Mackenzie Financial Corp, Bank of America Corp DE, AGF Investments Inc., Aviva PLC and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp.

Which major investors are buying Canadian Natural Resources stock?

CNQ stock was purchased by a variety of institutional investors in the last quarter, including MUFG Securities EMEA plc, Hexavest Inc., Alberta Investment Management Corp, National Pension Service, D. E. Shaw & Co. Inc., Atalanta Sosnoff Capital LLC, Bank of Nova Scotia 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Canadian Natural Resources' stock price today?

One share of CNQ stock can currently be purchased for approximately $27.44.

How big of a company is Canadian Natural Resources?

Canadian Natural Resources has a market capitalization of $32.61 billion and generates $17.19 billion in revenue each year. The oil and gas producer earns $2.00 billion in net income (profit) each year or $2.15 on an earnings per share basis. Canadian Natural Resources employs 9,709 workers across the globe.View Additional Information About Canadian Natural Resources.

What is Canadian Natural Resources' official website?

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

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 403-517-6700 or via email at [email protected]


MarketBeat Community Rating for Canadian Natural Resources (NYSE CNQ)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  500 (Vote Outperform)
Underperform Votes:  378 (Vote Underperform)
Total Votes:  878
MarketBeat's community ratings are surveys of what our community members think about Canadian Natural Resources 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 9/21/2019 by MarketBeat.com Staff

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