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 (WHO). Since then, CNQ shares have increased by 32.1% and is now trading at $19.92.
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15 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 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Canadian Natural Resources is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
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Canadian Natural Resources Ltd (NYSE:CNQ) posted its quarterly earnings data on Thursday, August, 6th. The oil and gas producer reported ($0.65) EPS for the quarter, missing the consensus estimate of ($0.56) by $0.09. Canadian Natural Resources had a net margin of 0.33% and a return on equity of 1.52%. During the same quarter in the prior year, the business earned $0.87 earnings per share.
View Canadian Natural Resources' earnings history.

Canadian Natural Resources declared a quarterly dividend on Friday, August 7th. Investors of record on Friday, September 18th will be given a dividend of $0.318 per share on Monday, October 5th. This represents a $1.27 dividend on an annualized basis and a yield of 6.39%. The ex-dividend date of this dividend is Thursday, September 17th. This is a boost from Canadian Natural Resources's previous quarterly dividend of $0.30.
View Canadian Natural Resources' dividend history.

15 equities research analysts have issued 1-year price targets for Canadian Natural Resources' stock. Their forecasts range from $17.00 to $92.00. On average, they anticipate Canadian Natural Resources' share price to reach $35.79 in the next twelve months. This suggests a possible upside of 79.6% from the stock's current price.
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Media coverage about CNQ stock has trended negative on Monday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of 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 -2.0 on InfoTrie's scale. They also assigned news headlines about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term.
View the latest news about Canadian Natural Resources.

Canadian Natural Resources saw a decline in short interest during the month of 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 trading volume, of 4,480,000 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the company's stock are short sold.
View Canadian Natural Resources' Short Interest.

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), Rwe Ag Sp (RWEOY), Ecopetrol (EC), Pioneer Natural Resources (PXD), Encana (ECA), Occidental Petroleum (OXY), WOODSIDE PET LT/ADR (WOPEY), Concho Resources (CXO) and GALP ENERGIA SG/ADR (GLPEY).
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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 institutional and retail investors. Top institutional investors include CIBC Asset Management Inc (1.01%), Letko Brosseau & Associates Inc. (0.99%), Swiss National Bank (0.43%), Sumitomo Mitsui Trust Holdings Inc. (0.38%), QV Investors Inc. (0.24%) and Value Partners Investments Inc. (0.21%).

CNQ stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Cardinal Capital Management Inc., Letko Brosseau & Associates Inc., Intact Investment Management Inc., Value Partners Investments Inc., Zurcher Kantonalbank Zurich Cantonalbank, Sumitomo Mitsui Trust Holdings Inc., and DekaBank Deutsche Girozentrale.

CNQ stock was purchased 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.

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 $19.92.

Canadian Natural Resources has a market capitalization of $23.53 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]