NYSE:CNQCanadian Natural Resources Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Canadian Natural Resources Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $18.79 +0.53 (+2.90 %) (As of 08/5/2020 04:00 PM ET) Add Compare Share Today's Range$18.51Now: $18.79▼$19.3750-Day Range$16.21MA: $17.55▼$18.9952-Week Range$6.71Now: $18.79▼$32.79Volume3.44 million shsAverage Volume4.84 million shsMarket Capitalization$22.19 billionP/E Ratio9.44Dividend Yield6.74%Beta1.71 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. As of December 31, 2017, the company's gross proved crude oil, bitumen, SCO, and NGLs reserves totaled 8,784 million barrels; gross proved plus probable crude oil, bitumen, SCO, and NGLs reserves totaled 11,760 million barrels; proved natural gas reserves totaled 6,652 billion cubic feet; and gross proved plus probable natural gas reserves totaled 9,734 billion cubic feet. 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 Beat the Market (BTM) Rank™ 4.4 Analyst's Opinion Consensus RatingCanadian Natural Resources has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 11 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $37.75, Canadian Natural Resources has a potential upside of 100.9% from its current price of $18.79.Amount of Analyst CoverageCanadian Natural Resources has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.8 Community Rank Outperform VotesCanadian Natural Resources has received 545 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCanadian Natural Resources has received 434 “underperform” votes. (Add your “underperform” vote.)Community SentimentCanadian Natural Resources has received 55.67% “outperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipCanadian Natural Resources is a leading dividend payer. It pays a dividend yield of 6.74%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanadian Natural Resources has been increasing its dividend for 8 years.Dividend CoverageThe dividend payout ratio of Canadian Natural Resources is 54.19%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 1.0 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 Institutions67.78% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Canadian Natural Resources are expected to grow in the coming year, from ($1.03) to ($0.03) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Natural Resources is 9.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Natural Resources is 9.44, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 11.53.Price to Book Value per Share RatioCanadian Natural Resources has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.4Community Rank: 2.8Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.80 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:CNQ Previous Symbol CUSIPN/A CIK1017413 Webwww.cnrl.com Phone403-517-7345Debt Debt-to-Equity Ratio0.60 Current Ratio0.66 Quick Ratio0.51Price-To-Earnings Trailing P/E Ratio9.44 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$18.38 billion Price / Sales1.21 Cash Flow$6.14 per share Price / Cash Flow3.06 Book Value$22.22 per share Price / Book0.85Profitability EPS (Most Recent Fiscal Year)$2.27 Net Income$4.08 billion Net Margins13.51% Return on Equity6.70% Return on Assets2.95%Miscellaneous Employees10,180 Outstanding Shares1,181,038,000Market Cap$22.19 billion Next Earnings Date8/6/2020 (Confirmed) OptionableOptionable $18.79 +0.53 (+2.90 %) (As of 08/5/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CNQ News and Ratings via Email Sign-up to receive the latest news and ratings for CNQ and its competitors with MarketBeat's FREE daily newsletter. Canadian Natural Resources (NYSE:CNQ) Frequently Asked Questions How has Canadian Natural Resources' stock been impacted by COVID-19 (Coronavirus)? Canadian Natural Resources' stock was trading at $15.08 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CNQ stock has increased by 24.6% and is now trading at $18.79. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Canadian Natural Resources? 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. When is Canadian Natural Resources' next earnings date? 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. How can I listen to Canadian Natural Resources' earnings call? 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. How were Canadian Natural Resources' earnings last quarter? Canadian Natural Resources Ltd (NYSE:CNQ) issued its earnings results on Thursday, May, 7th. The oil and gas producer reported ($0.25) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.04 by $0.29. The oil and gas producer had revenue of $3.36 billion for the quarter, compared to analysts' expectations of $3.61 billion. Canadian Natural Resources had a net margin of 13.51% and a return on equity of 6.70%. During the same quarter last year, the company earned $0.70 EPS. View Canadian Natural Resources' earnings history. How often does Canadian Natural Resources pay dividends? What is the dividend yield for Canadian Natural Resources? Canadian Natural Resources declared 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 6.39%. The ex-dividend date is Thursday, June 11th. View Canadian Natural Resources' dividend history. What price target have analysts set for CNQ? 14 equities research analysts have issued 1 year price targets for Canadian Natural Resources' shares. Their forecasts range from $17.00 to $92.00. On average, they expect Canadian Natural Resources' stock price to reach $37.75 in the next twelve months. This suggests a possible upside of 100.9% from the stock's current price. View analysts' price targets for Canadian Natural Resources. Has Canadian Natural Resources been receiving favorable news coverage? Media stories about CNQ stock have trended neutral this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Canadian Natural Resources earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave media stories 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 near future. View the latest news about Canadian Natural Resources. Are investors shorting Canadian Natural Resources? Canadian Natural Resources saw a decline in short interest in July. As of July 15th, there was short interest totaling 3,870,000 shares, a decline of 34.5% from the June 30th total of 5,910,000 shares. Based on an average daily volume of 4,480,000 shares, the short-interest ratio is currently 0.9 days. Approximately 0.4% of the company's shares are short sold. View Canadian Natural Resources' Current Options Chain. Who are some of Canadian Natural Resources' key competitors? 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), Concho Resources (CXO) and GALP ENERGIA SG/ADR (GLPEY). View all 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 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). Who are Canadian Natural Resources' key executives? Canadian Natural Resources' management team includes the following 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) What is Canadian Natural Resources' stock symbol? Canadian Natural Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNQ." Who are Canadian Natural Resources' major shareholders? Canadian Natural Resources' stock is owned by a variety of retail and institutional investors. Top institutional investors include CIBC Asset Management Inc (1.01%), Swiss National Bank (0.43%), Sumitomo Mitsui Trust Holdings Inc. (0.38%), QV Investors Inc. (0.24%), Value Partners Investments Inc. (0.21%) and Marathon Asset Management LLP (0.16%). Which major investors are selling Canadian Natural Resources stock? CNQ stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Cardinal Capital Management Inc., Intact Investment Management Inc., Value Partners Investments Inc., Zurcher Kantonalbank Zurich Cantonalbank, Sumitomo Mitsui Trust Holdings Inc., DekaBank Deutsche Girozentrale, and M&G Investment Management Ltd.. Which major investors are buying Canadian Natural Resources stock? CNQ stock was acquired by a variety of institutional investors in the last quarter, including QV Investors Inc., CIBC Asset Management Inc, Swiss National Bank, Addenda Capital Inc., Assenagon Asset Management S.A., Manitou Investment Management Ltd., Bessemer Group Inc., and ARGA Investment Management LP. 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 $18.79. How big of a company is Canadian Natural Resources? Canadian Natural Resources has a market capitalization of $22.19 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. What is Canadian Natural Resources' official website? The official website for Canadian Natural Resources is 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 403-517-7345 or via email at [email protected] This page was last updated on 8/5/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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