About Canadian Natural Resource (NYSE:CNQ)
Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company's segments include Exploration and Production, Oil Sands Mining and Upgrading, and Midstream. The Exploration and Production segment includes exploration, development, production and marketing of crude oil, natural gas liquids (NGLs) and natural gas. The Company's exploration and production operations are focused in North America in Western Canada, the United Kingdom portion of the North Sea, and Cote d'Ivoire, Gabon and South Africa in Offshore Africa. The Horizon Oil Sands Mining and Upgrading segment (Horizon) produces synthetic crude oil (SCO) through bitumen mining and upgrading operations. Midstream activities include the Company's pipeline operations, an electricity co-generation system and an investment in the North West Redwater Partnership (Redwater Partnership).
Industry, Sector and Symbol
Trailing P/E Ratio0.0951681319099289
Forward P/E Ratio15.52
Sales & Book Value
Annual Sales$12.84 billion
Price / Sales2.85
Cash Flow$4.01 per share
Price / Cash7.43
Book Value$20.05 per share
Price / Book1.49
Net Income$1.85 billion
Return on Equity4.21%
Return on Assets1.83%
Canadian Natural Resource (NYSE:CNQ) Frequently Asked Questions
What is Canadian Natural Resource's stock symbol?
Canadian Natural Resource trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNQ."
How often does Canadian Natural Resource pay dividends? What is the dividend yield for Canadian Natural Resource?
Canadian Natural Resource announced a quarterly dividend on Thursday, March 1st. Investors of record on Friday, March 16th will be paid a dividend of $0.261 per share on Sunday, April 1st. This represents a $1.04 annualized dividend and a yield of 3.50%. The ex-dividend date of this dividend is Thursday, March 15th. This is a boost from Canadian Natural Resource's previous quarterly dividend of $0.21. View Canadian Natural Resource's Dividend History.
How will Canadian Natural Resource's stock buyback program work?
Canadian Natural Resource announced that its board has authorized a share repurchase plan on Thursday, March 15th 2018, which authorizes the company to repurchase 61,300,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.
How were Canadian Natural Resource's earnings last quarter?
Canadian Natural Resource Ltd (NYSE:CNQ) released its earnings results on Thursday, March, 1st. The oil and gas producer reported $368.52 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.30 by $368.22. The oil and gas producer had revenue of $3.95 billion for the quarter, compared to analysts' expectations of $3.56 billion. Canadian Natural Resource had a return on equity of 4.21% and a net margin of 14.29%. View Canadian Natural Resource's Earnings History.
When will Canadian Natural Resource make its next earnings announcement?
Where is Canadian Natural Resource's stock going? Where will Canadian Natural Resource's stock price be in 2018?
7 brokers have issued 1 year price targets for Canadian Natural Resource's shares. Their forecasts range from $33.00 to $58.00. On average, they expect Canadian Natural Resource's stock price to reach $46.40 in the next year. View Analyst Ratings for Canadian Natural Resource.
Who are some of Canadian Natural Resource's key competitors?
Some companies that are related to Canadian Natural Resource include EOG Resources (EOG), Williams Partners (WPZ), Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), Concho Resources (CXO), Continental Resources (CLR), Devon Energy (DVN), Noble Energy (NBL), Apache (APA), EQT (EQT), Diamondback Energy (FANG), Cabot Oil & Gas (COG), Encana (ECA), Cimarex Energy (XEC), Parsley Energy (PE), Antero Resources (AR), RSP Permian (RSPP) and Energen (EGN).
Who are Canadian Natural Resource's key executives?
Canadian Natural Resource's management team includes the folowing people:
- Norman Murray Edwards, Executive Chairman of the Board (Age 57)
- Steve W. Laut, President, Director (Age 59)
- Corey B. Bieber, Chief Financial Officer, Senior Vice President - Finance (Age 53)
- Tim S. McKay, Chief Operating Officer (Age 55)
- Darren M. Fichter, Executive Vice President - Canadian Conventional (Age 46)
- Real M. Cusson, Senior Vice President - Marketing (Age 66)
- Real J. H. Doucet, Senior Vice President - Horizon Projects (Age 64)
- Allan E. Frankiw, Senior Vice President - Production (Age 60)
- Ronald K. Laing, Senior Vice President - Corporate Development and Land (Age 47)
- William R. Peterson, Senior Vice President - Development Operations (Age 50)
Has Canadian Natural Resource been receiving favorable news coverage?
Press coverage about CNQ stock has trended somewhat positive this week, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Canadian Natural Resource earned a daily sentiment score of 0.04 on Accern's scale. They also gave media coverage about the oil and gas producer an impact score of 47.42 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Canadian Natural Resource's major shareholders?
Canadian Natural Resource's stock is owned by a number of of institutional and retail investors. Top institutional investors include Beutel Goodman & Co Ltd. (1.78%), CIBC Asset Management Inc (1.15%), Letko Brosseau & Associates Inc. (1.14%), The Manufacturers Life Insurance Company (0.89%), Mackenzie Financial Corp (0.86%) and Mawer Investment Management Ltd. (0.54%). View Institutional Ownership Trends for Canadian Natural Resource.
Which institutional investors are selling Canadian Natural Resource stock?
CNQ stock was sold by a variety of institutional investors in the last quarter, including Beutel Goodman & Co Ltd., CIBC Asset Management Inc, Arosa Capital Management LP, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Waratah Capital Advisors Ltd., Zurcher Kantonalbank Zurich Cantonalbank, Barometer Capital Management Inc. and AGF Investments Inc.. View Insider Buying and Selling for Canadian Natural Resource.
Which institutional investors are buying Canadian Natural Resource stock?
CNQ stock was bought by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, The Manufacturers Life Insurance Company , Picton Mahoney Asset Management, Mawer Investment Management Ltd., Alliancebernstein L.P., Madison Investment Holdings Inc., Amundi Pioneer Asset Management Inc. and Scotia Capital Inc.. View Insider Buying and Selling for Canadian Natural Resource.
How do I buy shares of Canadian Natural Resource?
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, Scottrade, Fidelity and Charles Schwab.
What is Canadian Natural Resource's stock price today?
One share of CNQ stock can currently be purchased for approximately $29.80.
How big of a company is Canadian Natural Resource?
Canadian Natural Resource has a market capitalization of $37.22 billion and generates $12.84 billion in revenue each year. The oil and gas producer earns $1.85 billion in net income (profit) each year or $313.13 on an earnings per share basis. Canadian Natural Resource employs 7,270 workers across the globe.
How can I contact Canadian Natural Resource?
Canadian Natural Resource's mailing address is 2100 855-2ND STREET S.W., 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 Resource (CNQ)MarketBeat's community ratings are surveys of what our community members think about Canadian Natural Resource and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Canadian Natural Resource (NYSE:CNQ) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.71||2.88||3.00||2.92|
|Ratings Breakdown: ||0 Sell Rating(s)|
2 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
5 Buy Rating(s)
1 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
7 Buy Rating(s)
1 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
9 Buy Rating(s)
1 Strong Buy Rating(s)
|Consensus Price Target: ||$46.40||$48.67||$47.00||$47.30|
|Price Target Upside: ||55.70% upside||52.42% upside||28.63% upside||51.41% upside|
Canadian Natural Resource (NYSE:CNQ) Consensus Price Target History
Canadian Natural Resource (NYSE:CNQ) Analyst Ratings History
(Data available from 3/20/2016 forward)
Canadian Natural Resource (NYSE:CNQ) Earnings History and Estimates Chart
Canadian Natural Resource (NYSE CNQ) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/3/2018|| || || || || || || || |
|3/1/2018||Q4 2017||$0.30||$368.52||$3.56 billion||$3.95 billion||View||N/A|
|11/2/2017||Q3 2017||$0.11||$0.08||$3.29 billion||$3.42 billion||View||N/A|
|8/3/2017||Q2 2017||$0.17||$0.28||$2.61 billion||$2.76 billion||View||N/A|
|5/4/2017||Q1 2017||$0.13||$0.17||$2.66 billion||$2.75 billion||View||N/A|
|3/2/2017||12/31/2016||$0.07||$0.30||$2.52 billion||$2.75 billion||View||Listen|
|11/3/2016||Q3 2016||($0.22)||$1.79 billion||View||N/A|
|8/4/2016||Q116||($0.20)||($0.19)||$1.80 billion||$2.55 billion||View||N/A|
|5/5/2016||Q1 2016||($0.27)||($0.44)||$1.65 billion||View||N/A|
|3/3/2016||Q415||($0.12)||($0.04)||$2.66 billion||$2.79 billion||View||N/A|
|11/5/2015||Q315||$0.11||$0.10||$2.88 billion||$3.11 billion||View||N/A|
|8/6/2015||Q2||($0.12)||$0.19||$3.08 billion||$3.66 billion||View||N/A|
|5/7/2015||Q1 2015||$0.04||($0.03)||$3.65 billion||$2.68 billion||View||N/A|
|3/5/2015||Q4||$0.78||$0.56||$5.06 billion||$3.88 billion||View||N/A|
|11/6/2014||Q3||$0.74||$0.87||$4.64 billion||$4.70 billion||View||N/A|
|8/7/2014||Q214||$0.91||$0.93||$5.24 billion||$6.11 billion||View||N/A|
|5/8/2014||Q1||$0.73||$0.65||$4.24 billion||$4.97 billion||View||N/A|
|3/6/2014||Q4||$0.52||$0.52||$4.04 billion||$3.91 billion||View||N/A|
|11/7/2013||$0.94||$0.85||$4.55 billion||$5.28 billion||View||N/A|
|8/8/2013||Q213||$0.44||$0.42||$3.47 billion||$3.78 billion||View||N/A|
|5/2/2013||Q113||$0.44||$0.37||$9.13 billion||$4.10 billion||View||N/A|
Canadian Natural Resource (NYSE:CNQ) Earnings Estimates
2018 EPS Consensus Estimate: $2.09
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Canadian Natural Resource (NYSE:CNQ) Dividend Information
|Dividend Growth:||0.80% (3 Year Average)|
|Payout Ratio:||0.33% (Trailing 12 Months of Earnings) |
54.17% (Based on This Year's Estimates)
56.52% (Based on Next Year's Estimates)
|Track Record:||6 Years of Consecutive Dividend Growth|
Canadian Natural Resource (NYSE:CNQ) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Canadian Natural Resource (NYSE CNQ)
No insider trades for this company have been tracked by MarketBeat.com
Canadian Natural Resource (NYSE CNQ) News Headlines
Canadian Natural Resource (NYSE:CNQ) SEC Filings
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Canadian Natural Resource (NYSE:CNQ) Income Statement, Balance Sheet and Cash Flow Statement
Canadian Natural Resource (NYSE CNQ) Stock Chart for Tuesday, March, 20, 2018