NYSE:CNQCanadian Natural Resources Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Canadian Natural Resources Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $13.29 -0.68 (-4.87 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$12.89Now: $13.29▼$14.9850-Day Range$7.74MA: $19.63▼$30.5252-Week Range$6.71Now: $13.29▼$32.79Volume10.88 million shsAverage Volume10.16 million shsMarket Capitalization$15.71 billionP/E Ratio3.91Dividend Yield9.10%Beta1.7 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Canadian Natural Resources Limited explores for, develops, produces, and markets crude oil, natural gas, and natural gas liquids (NGLs). The company offers synthetic crude oil (SCO), light and medium crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake heavy crude oil. 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 8,784 million barrels; gross proved plus probable crude oil, bitumen, SCO, and NGLs reserves totaled 11,760 million barrels; proved natural gas reserves totaled 6,652 billion cubic feet; and gross proved plus probable natural gas reserves totaled 9,734 billion cubic feet. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and 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 incorporated in 1973 and is headquartered in Calgary, Canada.Read More Beat the Market (BTM) Rank™ 4.2 Analyst's Opinion Consensus RatingCanadian Natural Resources has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on 8 buy ratings, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $35.30, Canadian Natural Resources has a potential upside of 165.6% from its current price of $13.29.Amount of Analyst CoverageCanadian Natural Resources has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.8 Community Rank Outperform VotesCanadian Natural Resources has received 536 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCanadian Natural Resources has received 431 “underperform” votes. (Add your “underperform” vote.)Community SentimentCanadian Natural Resources has received 55.43% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Canadian Natural Resources 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. Previous Next 3.3 Dividend Strength Dividend LeadershipCanadian Natural Resources is a leading dividend payer. It pays a dividend yield of 9.10%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanadian Natural Resources has been increasing its dividend for 8 years.Dividend CoverageThe dividend payout ratio of Canadian Natural Resources is 55.95 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Canadian Natural Resources will have a dividend payout ratio of 288.64 % in the coming year. This indicates that Canadian Natural Resources may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canadian Natural Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.00% of the stock of Canadian Natural Resources is held by insiders.Percentage Held by Institutions68.16% of the stock of Canadian Natural Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Canadian Natural Resources are expected to decrease by -344.44% in the coming year, from ($0.18) to $0.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Natural Resources is 3.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Natural Resources is 3.91, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.65.Price to Book Value per Share RatioCanadian Natural Resources has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.2Community Rank: 2.8Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.65 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:CNQ Previous Symbol CUSIPN/A CIK1017413 Webhttp://www.cnrl.com/ Phone403-517-6700Debt Debt-to-Equity Ratio0.53 Current Ratio0.68 Quick Ratio0.50Price-To-Earnings Trailing P/E Ratio3.91 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$18.38 billion Price / Sales0.85 Cash Flow$5.51 per share Price / Cash Flow2.41 Book Value$22.22 per share Price / Book0.60Profitability EPS (Most Recent Fiscal Year)$2.27 Net Income$4.08 billion Net Margins22.13% Return on Equity10.51% Return on Assets4.63%Miscellaneous Employees9,709 Outstanding Shares1,181,840,000Market Cap$15.71 billion Next Earnings Date5/14/2020 (Estimated) OptionableOptionable Receive CNQ News and Ratings via Email Sign-up to receive the latest news and ratings for CNQ and its competitors with MarketBeat's FREE daily newsletter. CNQ Rates by TradingView Canadian Natural Resources (NYSE:CNQ) Frequently Asked Questions How has Canadian Natural Resources' stock been impacted by COVID-19 (Coronavirus)? 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 stock has decreased by 11.9% and is now trading at $13.29. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Canadian Natural Resources? 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, 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Canadian Natural Resources. When is Canadian Natural Resources' next earnings date? Canadian Natural Resources is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Canadian Natural Resources. How were Canadian Natural Resources' earnings last quarter? Canadian Natural Resources Ltd (NYSE:CNQ) released its quarterly earnings results on Thursday, March, 5th. The oil and gas producer reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.04. The oil and gas producer had revenue of $4.47 billion for the quarter, compared to analyst estimates of $4.55 billion. Canadian Natural Resources had a return on equity of 10.51% and a net margin of 22.13%. During the same period last year, the company posted ($0.21) earnings per share. View Canadian Natural Resources' earnings history. How often does Canadian Natural Resources pay dividends? What is the dividend yield for Canadian Natural Resources? Canadian Natural Resources declared a quarterly dividend on Friday, March 6th. Stockholders of record on Friday, March 20th will be given a dividend of $0.3175 per share on Wednesday, April 1st. This represents a $1.27 annualized dividend and a yield of 9.56%. The ex-dividend date of this dividend is Thursday, March 19th. This is an increase from Canadian Natural Resources's previous quarterly dividend of $0.29. View Canadian Natural Resources' dividend history. What price target have analysts set for CNQ? 15 equities research analysts have issued 12 month price targets for Canadian Natural Resources' stock. Their forecasts range from $14.00 to $53.00. On average, they expect Canadian Natural Resources' stock price to reach $35.30 in the next twelve months. This suggests a possible upside of 165.6% from the stock's current price. View analysts' price targets for Canadian Natural Resources. Has Canadian Natural Resources been receiving favorable news coverage? News headlines about CNQ stock have been trending very negative on Saturday, InfoTrie reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Canadian Natural Resources earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned media headlines about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutCanadian Natural Resources. Are investors shorting Canadian Natural Resources? Canadian Natural Resources saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 5,779,900 shares, an increase of 51.7% from the February 27th total of 3,810,000 shares. Based on an average daily volume of 2,880,000 shares, the short-interest ratio is currently 2.0 days. Currently, 0.5% of the company's shares are short sold. View Canadian Natural Resources' Current Options Chain. Who are some of Canadian Natural Resources' key competitors? Some companies that are related to Canadian Natural Resources include CNOOC (CEO), ENI (E), PETROLEO BRASIL/S (PBR.A), PETROLEO BRASIL/ADR (PBR), The Hong Kong and China Gas (HOKCY), EOG Resources (EOG), Ecopetrol (EC), Rwe Ag Sp (RWEOY), Pioneer Natural Resources (PXD), Occidental Petroleum (OXY), WOODSIDE PET LT/ADR (WOPEY), GALP ENERGIA SG/ADR (GLPEY), Concho Resources (CXO), Cabot Oil & Gas (COG) and TORAY INDUSTRIE/ADR (TRYIY). What other stocks do shareholders of Canadian Natural Resources own? Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Natural Resources investors own include CA (CA), Micron Technology (MU), Intel (INTC), Energy Transfer LP Unit (ET), Bank of America (BAC), Suncor Energy (SU), AT&T (T), BlackRock (BLK), Pfizer (PFE) and Cisco Systems (CSCO). Who are Canadian Natural Resources' key executives? Canadian Natural Resources' management team includes the following people: Mr. Norman Murray Edwards O.C., Exec. Chairman (Age 59)Mr. Timothy Shawn McKay, Pres & Director (Age 57)Mr. Steve W. Laut, Exec. Vice Chairman (Age 61)Mr. Scott G. Stauth, Chief Operating Officer of Oil Sands (Age 53)Mr. Corey B. Bieber C.A., CA, Exec. Advisor (Age 55) What is Canadian Natural Resources' stock symbol? Canadian Natural Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNQ." How do I buy shares of Canadian Natural Resources? 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. What is Canadian Natural Resources' stock price today? One share of CNQ stock can currently be purchased for approximately $13.29. How big of a company is Canadian Natural Resources? Canadian Natural Resources has a market capitalization of $15.71 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 9,709 workers across the globe. View additional information about Canadian Natural Resources. What is Canadian Natural Resources' official website? The official website for Canadian Natural Resources is http://www.cnrl.com/. How can I contact Canadian Natural Resources? 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] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: FinTech
