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. Since then, CNQ shares have increased by 36.3% and is now trading at $20.55.
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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.
View our earnings forecast for Canadian Natural Resources.

Canadian Natural Resources Ltd (NYSE:CNQ) released its quarterly earnings data on Thursday, August, 6th. The oil and gas producer reported ($0.65) EPS for the quarter, missing the Zacks' consensus estimate of ($0.56) by $0.09. Canadian Natural Resources had a return on equity of 1.52% and a net margin of 0.33%. During the same quarter last year, the firm earned $0.87 earnings per share.
View Canadian Natural Resources' earnings history.

Canadian Natural Resources declared a quarterly dividend on Friday, August 7th. Stockholders 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 annualized dividend and a yield of 6.19%. The ex-dividend date is Thursday, September 17th. This is an increase 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 year. This suggests a possible upside of 74.1% from the stock's current price.
View analysts' price targets for Canadian Natural Resources.

Media coverage about CNQ stock has trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Canadian Natural Resources earned a daily sentiment score of -4.1 on InfoTrie's scale. They also assigned media coverage about the oil and gas producer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term.
View the latest news about Canadian Natural Resources.

Canadian Natural Resources saw a decrease in short interest in February. As of February 15th, there was short interest totaling 5,560,000 shares, a decrease of 28.7% from the January 31st total of 7,800,000 shares. Based on an average daily trading volume, of 2,640,000 shares, the short-interest ratio is presently 2.1 days. Approximately 0.5% of the company's shares 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 Intel (INTC), Pfizer (PFE), Bank of America (BAC), Micron Technology (MU), AT&T (T), Cisco Systems (CSCO), Suncor Energy (SU), Energy Transfer LP Unit (ET), AbbVie (ABBV) and Gilead Sciences (GILD).

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 retail and institutional investors. Top institutional investors include Bank of Nova Scotia (1.05%), CIBC Asset Management Inc (1.01%), Letko Brosseau & Associates Inc. (0.99%), Swiss National Bank (0.43%), Sumitomo Mitsui Trust Holdings Inc. (0.38%) and Goldman Sachs Group Inc. (0.26%).

CNQ stock was sold by a variety of institutional investors in the last quarter, including Jarislowsky Fraser Ltd, Toronto Dominion Bank, Russell Investments Group Ltd., Cardinal Capital Management Inc., Letko Brosseau & Associates Inc., Intact Investment Management Inc., Bank of New York Mellon Corp, and Alberta Investment Management Corp.

CNQ stock was purchased by a variety of institutional investors in the last quarter, including QV Investors Inc., Goldman Sachs Group Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Cidel Asset Management Inc., CIBC Asset Management Inc, Swiss National Bank, Addenda Capital Inc., and Barometer Capital Management Inc..

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 $20.55.

Canadian Natural Resources has a market capitalization of $24.27 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]