Canadian Natural Resources Stock Forecast, Price & News

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last twelve months. There are currently 2 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Canadian Natural Resources stock.
View analyst ratings for Canadian Natural Resources or view top-rated stocks.

Wall Street analysts have given Canadian Natural Resources a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Canadian Natural Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Canadian Natural Resources is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Canadian Natural Resources.

Canadian Natural Resources Limited (NYSE:CNQ) released its earnings results on Thursday, August, 5th. The oil and gas producer reported $0.99 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.77 by $0.22. The oil and gas producer earned $5.31 billion during the quarter, compared to analyst estimates of $5.26 billion. Canadian Natural Resources had a net margin of 17.14% and a trailing twelve-month return on equity of 9.05%.
View Canadian Natural Resources' earnings history.

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 129.4% and is now trading at $34.59.
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Canadian Natural Resources declared a quarterly dividend on Friday, August 6th. Stockholders of record on Friday, September 17th will be given a dividend of $0.3748 per share on Tuesday, October 5th. This represents a $1.50 annualized dividend and a dividend yield of 4.33%. The ex-dividend date is Thursday, September 16th.
View Canadian Natural Resources' dividend history.

Canadian Natural Resources pays an annual dividend of $1.56 per share and currently has a dividend yield of 4.41%. CNQ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Canadian Natural Resources' dividend history.

15 brokers have issued twelve-month price objectives for Canadian Natural Resources' stock. Their forecasts range from $31.00 to $64.50. On average, they expect Canadian Natural Resources' stock price to reach $51.18 in the next twelve months. This suggests a possible upside of 48.0% from the stock's current price.
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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.

Some companies that are related to Canadian Natural Resources include TotalEnergies (TTE), PetroChina (PTR), Petróleo Brasileiro S.A. - Petrobras (PBR), ENI (E), EOG Resources (EOG), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), Ecopetrol (EC), Occidental Petroleum (OXY), RWE Aktiengesellschaft (RWEOY), Devon Energy (DVN), Cenovus Energy (CVE), Continental Resources (CLR), Woodside Petroleum (WOPEY) and Diamondback Energy (FANG).
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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).

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

Canadian Natural Resources' stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (4.69%), Vanguard Group Inc. (3.01%), Canada Pension Plan Investment Board (2.15%), Mackenzie Financial Corp (1.59%), 1832 Asset Management L.P. (1.44%) and Invesco Ltd. (1.27%).

CNQ stock was sold by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, Canada Pension Plan Investment Board, Public Sector Pension Investment Board, Goldman Sachs Group Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Morgan Stanley, Invesco Ltd., and Morgan Stanley.

CNQ stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Yacktman Asset Management LP, Amundi, Macquarie Group Ltd., Mackenzie Financial Corp, Mufg Securities Canada LTD., Marathon Asset Management LLP, and Toronto Dominion Bank.

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.
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One share of CNQ stock can currently be purchased for approximately $34.59.

Canadian Natural Resources has a market capitalization of $41.03 billion and generates $13.06 billion in revenue each year. The oil and gas producer earns $-324,730,000.00 in net income (profit) each year or ($0.43) on an earnings per share basis.

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

Canadian Natural Resources was founded in 1989.

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

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

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 or via email at [email protected]