Canadian Natural Resources Stock Forecast, Price & News

Canadian Natural Resources (NYSE:CNQ) Frequently Asked Questions

Is Canadian Natural Resources a buy right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last twelve months. There are currently 4 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Canadian Natural Resources stock.
View analyst ratings for Canadian Natural Resources or view top-rated stocks.

How has Canadian Natural Resources' stock price been impacted by Coronavirus (COVID-19)?

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 254.3% and is now trading at $53.43.
View which stocks have been most impacted by COVID-19.

Are investors shorting Canadian Natural Resources?

Canadian Natural Resources saw a drop in short interest in December. As of December 31st, there was short interest totaling 12,970,000 shares, a drop of 23.0% from the December 15th total of 16,850,000 shares. Based on an average daily volume of 2,880,000 shares, the short-interest ratio is currently 4.5 days. Currently, 1.1% of the company's shares are short sold.
View Canadian Natural Resources' Short Interest.

When is Canadian Natural Resources' next earnings date?

Canadian Natural Resources is scheduled to release its next quarterly earnings announcement on Thursday, March 3rd 2022.
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, March 3rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 800-585-8367 with passcode "2278721".

How were Canadian Natural Resources' earnings last quarter?

Canadian Natural Resources Limited (NYSE:CNQ) issued its quarterly earnings data on Thursday, November, 4th. The oil and gas producer reported $1.41 EPS for the quarter, topping the Zacks' consensus estimate of $1.20 by $0.21. The oil and gas producer earned $6.12 billion during the quarter, compared to analysts' expectations of $6.30 billion. Canadian Natural Resources had a net margin of 21.13% and a trailing twelve-month return on equity of 14.56%.
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 announced a quarterly dividend on Friday, November 5th. Shareholders of record on Friday, December 10th will be given a dividend of $0.4731 per share on Wednesday, January 5th. This represents a $1.89 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date of this dividend is Thursday, December 9th. This is a positive change from Canadian Natural Resources's previous quarterly dividend of $0.37.
View Canadian Natural Resources' dividend history.

Is Canadian Natural Resources a good dividend stock?

Canadian Natural Resources pays an annual dividend of $1.84 per share and currently has a dividend yield of 3.48%. Canadian Natural Resources does not yet have a strong track record of dividend growth. The dividend payout ratio of Canadian Natural Resources is 46.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Canadian Natural Resources will have a dividend payout ratio of 35.38% next year. This indicates that Canadian Natural Resources will be able to sustain or increase its dividend.
View Canadian Natural Resources' dividend history.

What price target have analysts set for CNQ?

17 equities research analysts have issued twelve-month price targets for Canadian Natural Resources' shares. Their forecasts range from $44.00 to $80.00. On average, they anticipate Canadian Natural Resources' stock price to reach $58.31 in the next twelve months. This suggests a possible upside of 9.1% from the stock's current price.
View analysts' price targets for Canadian Natural Resources or view top-rated stocks among Wall Street analysts.

Who are Canadian Natural Resources' key executives?

Canadian Natural Resources' management team includes the following people:

• Tim Shawn McKay, President, Chief Operating Officer & Director
• Mark A. Stainthorpe, Chief Financial Officer & Senior VP-Finance
• Joy P. Romero, Vice President-Technology & Innovation
• Stephen C. Suche, Vice President-Information & Corporate Services
• Murray G. Harris, VP, Financial Controller & Horizon Accounting

What is Tim S. McKay's approval rating as Canadian Natural Resources' CEO?

6 employees have rated Canadian Natural Resources CEO Tim S. McKay on Glassdoor.com. Tim S. McKay has an approval rating of 96% among Canadian Natural Resources' employees. This puts Tim S. McKay in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Canadian Natural Resources' key competitors?

Some companies that are related to Canadian Natural Resources include TotalEnergies (TTE), PetroChina (PTR), Petróleo Brasileiro S.A. - Petrobras (PBR), EOG Resources (EOG), ENI (E), Pioneer Natural Resources (PXD), Devon Energy (DVN), Occidental Petroleum (OXY), Ecopetrol (EC), Cenovus Energy (CVE), Hong Kong and China Gas (HOKCY), RWE Aktiengesellschaft (RWEOY), Diamondback Energy (FANG), Continental Resources (CLR) and Woodside Petroleum (WOPEY).
View all of CNQ's 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 Pfizer (PFE), Intel (INTC), Micron Technology (MU), AbbVie (ABBV), Bank of America (BAC), Gilead Sciences (GILD), QUALCOMM (QCOM), AT&T (T), Cisco Systems (CSCO) and Suncor Energy (SU).

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 many different retail and institutional investors. Top institutional shareholders include QV Investors Inc. (0.12%), Addenda Capital Inc. (0.09%), M&G Investment Management Ltd. (0.05%), Rempart Asset Management Inc. (0.03%), Guinness Asset Management LTD (0.03%) and Crossmark Global Holdings Inc. (0.02%).

Which major investors are selling Canadian Natural Resources stock?

CNQ stock was sold by a variety of institutional investors in the last quarter, including QV Investors Inc., JCIC Asset Management Inc., Cardinal Capital Management Inc., Rempart Asset Management Inc., Parallel Advisors LLC, M&G Investment Management Ltd., Cutler Group LP, and Pacifica Partners Inc..

Which major investors are buying Canadian Natural Resources stock?

CNQ stock was acquired by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., Scout Investments Inc., Guinness Asset Management LTD, Pendal Group Ltd, Integrated Investment Consultants LLC, First Hawaiian Bank, Ritholtz Wealth Management, and Value Partners Investments 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Canadian Natural Resources' stock price today?

One share of CNQ stock can currently be purchased for approximately $53.43.

How much money does Canadian Natural Resources make?

Canadian Natural Resources has a market capitalization of $62.46 billion and generates $13.06 billion in revenue each year. The oil and gas producer earns $-324.73 million in net income (profit) each year or $3.94 on an earnings per share basis.

How many employees does Canadian Natural Resources have?

Canadian Natural Resources employs 9,993 workers across the globe.

When was Canadian Natural Resources founded?

Canadian Natural Resources was founded in 1989.

What is Canadian Natural Resources' official website?

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

Where are Canadian Natural Resources' headquarters?

Canadian Natural Resources is headquartered at 2100 855-2 STREET SW, CALGARY A0, T2P 4J8.

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, via email at [email protected], or via fax at 403-517-7350.