NYSE:CNQCanadian Natural Resources Stock Price, Forecast & News

Canadian Natural Resources' stock was trading at $15.08 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CNQ shares have increased by 11.9% and is now trading at $16.88. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last year. There are currently 1 sell rating, 2 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Canadian Natural Resources.

Canadian Natural Resources is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Canadian Natural Resources.

Canadian Natural Resources will be holding an earnings conference call on Thursday, August 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Canadian Natural Resources Ltd (NYSE:CNQ) posted its earnings results on Thursday, May, 7th. The oil and gas producer reported ($0.25) EPS for the quarter, missing the Zacks' consensus estimate of $0.04 by $0.29. The oil and gas producer earned $3.36 billion during the quarter, compared to analyst estimates of $3.61 billion. Canadian Natural Resources had a return on equity of 6.70% and a net margin of 13.51%. During the same quarter in the previous year, the business earned $0.70 EPS. View Canadian Natural Resources' earnings history.

Canadian Natural Resources announced a quarterly dividend on Friday, May 8th. Investors of record on Friday, June 12th will be given a dividend of $0.3003 per share on Wednesday, July 1st. This represents a $1.20 annualized dividend and a dividend yield of 7.12%. The ex-dividend date of this dividend is Thursday, June 11th. View Canadian Natural Resources' dividend history.

14 brokerages have issued 1 year target prices for Canadian Natural Resources' shares. Their forecasts range from $17.00 to $92.00. On average, they anticipate Canadian Natural Resources' share price to reach $37.75 in the next twelve months. This suggests a possible upside of 123.6% from the stock's current price. View analysts' price targets for Canadian Natural Resources.

News stories about CNQ stock have trended somewhat negative this week, InfoTrie reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Canadian Natural Resources earned a news sentiment score of -1.8 on InfoTrie's scale. They also gave media 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 next few days. View the latest news about Canadian Natural Resources.

Canadian Natural Resources saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 23,850,000 shares, an increase of 87.8% from the June 15th total of 12,700,000 shares. Based on an average daily trading volume, of 5,850,000 shares, the days-to-cover ratio is currently 4.1 days. Currently, 2.1% of the company's stock are short sold. View Canadian Natural Resources' Current Options Chain.

Some companies that are related to Canadian Natural Resources include PetroChina (PTR), PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/S (PBR.A), CNOOC (CEO), ENI (E), EOG Resources (EOG), The Hong Kong and China Gas (HOKCY), Ecopetrol (EC), Rwe Ag Sp (RWEOY), Pioneer Natural Resources (PXD), Occidental Petroleum (OXY), WOODSIDE PET LT/ADR (WOPEY), Encana (ECA), GALP ENERGIA SG/ADR (GLPEY) and Concho Resources (CXO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Natural Resources investors own include Bank of America (BAC), Energy Transfer LP Unit (ET), CA (CA), Micron Technology (MU), Pfizer (PFE), Intel (INTC), AT&T (T), Suncor Energy (SU), Applied Materials (AMAT) and BlackRock (BLK).

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

Canadian Natural Resources' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Cardinal Capital Management Inc. (0.04%), Addenda Capital Inc. (0.03%), Manning & Napier Group LLC (0.01%), Hexavest Inc. (0.01%), Envestnet Asset Management Inc. (0.00%) and Nexus Investment Management ULC (0.00%).

CNQ stock was sold by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., and Envestnet Asset Management Inc..

CNQ stock was acquired by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Hexavest Inc., Manning & Napier Group LLC, and Nexus Investment Management ULC.

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.

One share of CNQ stock can currently be purchased for approximately $16.88.

Canadian Natural Resources has a market capitalization of $19.94 billion and generates $18.38 billion in revenue each year. The oil and gas producer earns $4.08 billion in net income (profit) each year or $2.27 on an earnings per share basis. Canadian Natural Resources employs 10,180 workers across the globe.

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

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 403-517-7345 or via email at [email protected]