Canadian Natural Resources Limited explores for, develops, produces, and markets crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen, and synthetic crude oil (SCO). 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 7,742 million barrels; gross proved plus probable crude oil, bitumen, SCO, and NGLs reserves totaled 10,263 million barrels; proved natural gas reserves totaled 6,771 billion cubic feet; and gross proved plus probable natural gas reserves totaled 9,619 billion cubic feet. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Côte d'Ivoire, Gabon, and South Africa in 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 founded in 1973 and is headquartered in Calgary, Canada.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:CNQ
CUSIPN/A
Phone403-517-6700
Debt
Debt-to-Equity Ratio0.67
Current Ratio1.01
Quick Ratio0.78
Price-To-Earnings
Trailing P/E Ratio40.07
Forward P/E Ratio14.78
P/E Growth2.55
Sales & Book Value
Annual Sales$12.84 billion
Price / Sales3.17
Cash Flow$4.3083 per share
Price / Cash7.72
Book Value$20.05 per share
Price / Book1.66
Profitability
EPS (Most Recent Fiscal Year)$0.83
Net Income$1.85 billion
Net Margins14.43%
Return on Equity6.36%
Return on Assets2.74%
Miscellaneous
Employees9,973
Outstanding Shares1,224,500,000
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 Friday, May 4th. Stockholders of record on Friday, June 15th will be paid a dividend of $0.2609 per share on Sunday, July 1st. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date of this dividend is Thursday, June 14th. 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 approved a stock repurchase plan on Thursday, March 15th 2018, which authorizes the company to buyback 61,300,000 shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors 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, May, 3rd. The oil and gas producer reported $0.71 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.14. The oil and gas producer earned $4.54 billion during the quarter, compared to analyst estimates of $4.16 billion. Canadian Natural Resource had a net margin of 14.43% and a return on equity of 6.36%. During the same period in the prior year, the company earned $0.25 EPS. View Canadian Natural Resource's Earnings History.
When is Canadian Natural Resource's next earnings date?
What price target have analysts set for CNQ?
7 Wall Street analysts have issued twelve-month target prices for Canadian Natural Resource's shares. Their forecasts range from $33.00 to $64.00. On average, they expect Canadian Natural Resource's share price to reach $50.50 in the next twelve months. 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 Total (TOT), PetroChina (PTR), CNOOC (CEO), EOG Resources (EOG), ENI (E), Occidental Petroleum (OXY), PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/RED PFD sh (PBR.A), Ecopetrol (EC), Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), WOODSIDE Pet Lt/ADR (WOPEY), Continental Resources (CLR) and Sasol (SSL).
Who are Canadian Natural Resource's key executives?
Canadian Natural Resource's management team includes the folowing people:
- Mr. Norman Murray Edwards O.C., Exec. Chairman (Age 58)
- Mr. Steve W. Laut, Exec. Vice Chairman (Age 60)
- Mr. Timothy Shawn McKay, Pres & Director (Age 56)
- Mr. Corey B. Bieber C.A., CA, CFO & Sr. VP of Fin. (Age 54)
- Mr. Scott G. Stauth, Chief Operating Officer of Oil Sands (Age 52)
Has Canadian Natural Resource been receiving favorable news coverage?
News stories about CNQ stock have trended somewhat positive on Saturday, according to Accern. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Canadian Natural Resource earned a coverage optimism score of 0.15 on Accern's scale. They also assigned news stories about the oil and gas producer an impact score of 46.24 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are Canadian Natural Resource's major shareholders?
Canadian Natural Resource's stock is owned by many different of institutional and retail investors. Top institutional investors include Caisse DE Depot ET Placement DU Quebec (1.43%), CIBC Asset Management Inc (1.13%), Letko Brosseau & Associates Inc. (1.12%), CIBC World Markets Inc. (1.09%), The Manufacturers Life Insurance Company (0.88%) and Great West Life Assurance Co. Can (0.85%). 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 Toronto Dominion Bank, CI Global Investments Inc., Caisse DE Depot ET Placement DU Quebec, AGF Investments Inc., Korea Investment CORP, Legal & General Group Plc, JPMorgan Chase & Co. and Letko Brosseau & Associates 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 Dimensional Fund Advisors LP, Mawer Investment Management Ltd., Sentry Investments Corp., CIBC World Markets Inc., Great West Life Assurance Co. Can, PCJ Investment Counsel Ltd., Millennium Management LLC and Intact Investment Management 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 $33.26.
How big of a company is Canadian Natural Resource?
Canadian Natural Resource has a market capitalization of $38.62 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 $0.83 on an earnings per share basis. Canadian Natural Resource employs 9,973 workers across the globe.
How can I contact Canadian Natural Resource?
Canadian Natural Resource's 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]
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 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.
