QQQ   310.73 (-0.32%)
AAPL   156.73 (+3.92%)
MSFT   262.51 (-0.79%)
META   190.31 (+0.82%)
GOOGL   106.69 (-0.97%)
AMZN   106.96 (-5.27%)
TSLA   197.09 (+4.68%)
NVDA   215.78 (-0.60%)
NIO   11.69 (-2.26%)
BABA   107.23 (-2.29%)
AMD   88.02 (-0.33%)
T   19.89 (-1.92%)
MU   63.53 (+0.57%)
F   13.30 (-7.12%)
CGC   3.07 (-2.23%)
GE   83.05 (-1.06%)
DIS   112.75 (-0.41%)
AMC   6.66 (+9.54%)
PFE   44.01 (-0.74%)
PYPL   86.83 (-0.15%)
NFLX   369.27 (+0.65%)
QQQ   310.73 (-0.32%)
AAPL   156.73 (+3.92%)
MSFT   262.51 (-0.79%)
META   190.31 (+0.82%)
GOOGL   106.69 (-0.97%)
AMZN   106.96 (-5.27%)
TSLA   197.09 (+4.68%)
NVDA   215.78 (-0.60%)
NIO   11.69 (-2.26%)
BABA   107.23 (-2.29%)
AMD   88.02 (-0.33%)
T   19.89 (-1.92%)
MU   63.53 (+0.57%)
F   13.30 (-7.12%)
CGC   3.07 (-2.23%)
GE   83.05 (-1.06%)
DIS   112.75 (-0.41%)
AMC   6.66 (+9.54%)
PFE   44.01 (-0.74%)
PYPL   86.83 (-0.15%)
NFLX   369.27 (+0.65%)
QQQ   310.73 (-0.32%)
AAPL   156.73 (+3.92%)
MSFT   262.51 (-0.79%)
META   190.31 (+0.82%)
GOOGL   106.69 (-0.97%)
AMZN   106.96 (-5.27%)
TSLA   197.09 (+4.68%)
NVDA   215.78 (-0.60%)
NIO   11.69 (-2.26%)
BABA   107.23 (-2.29%)
AMD   88.02 (-0.33%)
T   19.89 (-1.92%)
MU   63.53 (+0.57%)
F   13.30 (-7.12%)
CGC   3.07 (-2.23%)
GE   83.05 (-1.06%)
DIS   112.75 (-0.41%)
AMC   6.66 (+9.54%)
PFE   44.01 (-0.74%)
PYPL   86.83 (-0.15%)
NFLX   369.27 (+0.65%)
QQQ   310.73 (-0.32%)
AAPL   156.73 (+3.92%)
MSFT   262.51 (-0.79%)
META   190.31 (+0.82%)
GOOGL   106.69 (-0.97%)
AMZN   106.96 (-5.27%)
TSLA   197.09 (+4.68%)
NVDA   215.78 (-0.60%)
NIO   11.69 (-2.26%)
BABA   107.23 (-2.29%)
AMD   88.02 (-0.33%)
T   19.89 (-1.92%)
MU   63.53 (+0.57%)
F   13.30 (-7.12%)
CGC   3.07 (-2.23%)
GE   83.05 (-1.06%)
DIS   112.75 (-0.41%)
AMC   6.66 (+9.54%)
PFE   44.01 (-0.74%)
PYPL   86.83 (-0.15%)
NFLX   369.27 (+0.65%)
NYSE:CNQ

Canadian Natural Resources - CNQ Stock Forecast, Price & News

$59.16
+1.30 (+2.25%)
(As of 02/3/2023 10:46 AM ET)
Add
Compare
Today's Range
$57.75
$59.17
50-Day Range
$52.00
$62.13
52-Week Range
$44.45
$70.60
Volume
247,416 shs
Average Volume
2.11 million shs
Market Capitalization
$65.25 billion
P/E Ratio
7.35
Dividend Yield
4.28%
Price Target
$91.23

Canadian Natural Resources MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
54.2% Upside
$91.23 Price Target
Short Interest
Healthy
2.66% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-7.75
Upright™ Environmental Score
News Sentiment
0.31mentions of Canadian Natural Resources in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-22.82%
From $8.37 to $6.46 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.65 out of 5 stars

Oils/Energy Sector

51st out of 241 stocks

Crude Petroleum & Natural Gas Industry

24th out of 75 stocks

CNQ stock logo

About Canadian Natural Resources (NYSE:CNQ) Stock

Canadian Natural Resources Ltd. is an oil and natural gas production company, which engages in the exploration, development, marketing, and production of crude oil and natural gas. It operates through the following segments: Oil Sands Mining & Upgrading, Midstream & Refining, and Exploration & Production. The Oil Sands Mining & Upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations. The Midstream & Refining segment focuses on maintaining pipeline operations and investment. The Exploration & Production segment consists of operations in North America, largely in Western Canada, the United Kingdom portion of the North Sea, and Côte d'Ivoire and South Africa in Africa. The company was founded on November 7, 1973 and is headquartered in Calgary, Canada.

Receive CNQ Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Canadian Natural Resources and its competitors with MarketBeat's FREE daily newsletter.

CNQ Stock News Headlines

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Canadian Natural Resources Stock Earns IBD Rating Upgrade
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Canadian Natural Res' Debt Overview
Stocks in play: Canadian Natural Resources
See More Headlines
Receive CNQ Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Canadian Natural Resources and its competitors with MarketBeat's FREE daily newsletter.

CNQ Company Calendar

Last Earnings
8/05/2021
Ex-Dividend for 1/5 Dividend
12/15/2022
Dividend Payable
1/05/2023
Today
2/03/2023
Next Earnings (Estimated)
3/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
9,735
Year Founded
1989

Price Target and Rating

Average Stock Price Forecast
$91.23
High Stock Price Forecast
$115.00
Low Stock Price Forecast
$69.00
Forecasted Upside/Downside
+54.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$6.12 billion
Pretax Margin
32.39%

Debt

Sales & Book Value

Annual Sales
$26.21 billion
Cash Flow
$8.96 per share
Book Value
$25.22 per share

Miscellaneous

Outstanding Shares
1,102,940,000
Free Float
1,047,789,000
Market Cap
$65.25 billion
Optionable
Optionable
Beta
1.57

Social Links


Key Executives

  • Tim Shawn McKay
    President, Chief Operating Officer & Director
  • Mark A. Stainthorpe
    Chief Financial Officer & Senior VP-Finance
  • Stephen C. Suche
    Vice President-Information & Corporate Services
  • Sheldon Schroeder
    Vice President
  • Murray G. Harris
    VP, Financial Controller & Horizon Accounting













CNQ Stock - Frequently Asked Questions

Should I buy or sell Canadian Natural Resources stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last twelve months. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CNQ shares.
View CNQ analyst ratings
or view top-rated stocks.

What is Canadian Natural Resources' stock price forecast for 2023?

9 brokerages have issued 12 month price targets for Canadian Natural Resources' shares. Their CNQ share price forecasts range from $69.00 to $115.00. On average, they predict the company's stock price to reach $91.23 in the next twelve months. This suggests a possible upside of 57.7% from the stock's current price.
View analysts price targets for CNQ
or view top-rated stocks among Wall Street analysts.

How have CNQ shares performed in 2023?

Canadian Natural Resources' stock was trading at $55.53 at the beginning of the year. Since then, CNQ stock has increased by 4.2% and is now trading at $57.86.
View the best growth stocks for 2023 here
.

Are investors shorting Canadian Natural Resources?

Canadian Natural Resources saw a decline in short interest in December. As of December 30th, there was short interest totaling 45,460,000 shares, a decline of 18.4% from the December 15th total of 55,700,000 shares. Based on an average trading volume of 2,360,000 shares, the days-to-cover ratio is presently 19.3 days. Approximately 4.2% of the shares of the stock are sold short.
View Canadian Natural Resources' Short Interest
.

When is Canadian Natural Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 2nd 2023.
View our CNQ earnings forecast
.

How were Canadian Natural Resources' earnings last quarter?

Canadian Natural Resources Limited (NYSE:CNQ) released its quarterly earnings results on Thursday, August, 5th. The oil and gas producer reported $0.99 EPS for the quarter, beating analysts' consensus estimates of $0.77 by $0.22. The oil and gas producer earned $5.31 billion during the quarter, compared to the consensus estimate of $5.26 billion. Canadian Natural Resources had a net margin of 24.55% and a trailing twelve-month return on equity of 34.75%.

How often does Canadian Natural Resources pay dividends? What is the dividend yield for Canadian Natural Resources?

Canadian Natural Resources announced a quarterly dividend on Thursday, November 3rd. Stockholders of record on Friday, December 16th will be given a dividend of $0.6237 per share on Thursday, January 5th. This represents a $2.49 annualized dividend and a yield of 4.31%. The ex-dividend date of this dividend is Thursday, December 15th. This is an increase from the stock's previous quarterly dividend of $0.58.
Read our dividend analysis for CNQ
.

Is Canadian Natural Resources a good dividend stock?

Canadian Natural Resources (NYSE:CNQ) pays an annual dividend of $2.53 per share and currently has a dividend yield of 4.13%. CNQ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 31.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNQ will have a dividend payout ratio of 38.86% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CNQ.

What is Tim S. McKay's approval rating as Canadian Natural Resources' CEO?

6 employees have rated Canadian Natural Resources Chief Executive Officer Tim S. McKay on Glassdoor.com. Tim S. McKay has an approval rating of 96% among the company's employees. This puts Tim S. McKay in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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 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).

What is Canadian Natural Resources' stock symbol?

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

Who are Canadian Natural Resources' major shareholders?

Canadian Natural Resources' stock is owned by many different institutional and retail investors. Top institutional shareholders include Yacktman Asset Management LP (1.38%), National Bank of Canada FI (1.14%), Sumitomo Mitsui Trust Holdings Inc. (0.27%), Addenda Capital Inc. (0.12%), DekaBank Deutsche Girozentrale (0.11%) and Close Asset Management Ltd (0.09%).

How do I buy shares of Canadian Natural Resources?

Shares of CNQ stock 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.
Compare Top Brokerages Here.

What is Canadian Natural Resources' stock price today?

One share of CNQ stock can currently be purchased for approximately $57.86.

How much money does Canadian Natural Resources make?

Canadian Natural Resources (NYSE:CNQ) has a market capitalization of $63.82 billion and generates $26.21 billion in revenue each year. The oil and gas producer earns $6.12 billion in net income (profit) each year or $8.05 on an earnings per share basis.

How many employees does Canadian Natural Resources have?

The company employs 9,735 workers across the globe.

How can I contact Canadian Natural Resources?

Canadian Natural Resources' mailing address is 2100 855-2 STREET SW, CALGARY A0, T2P 4J8. The official website for the company is www.cnrl.com. The oil and gas producer can be reached via phone at (403) 517-6700, via email at ir@cnrl.com, or via fax at 403-517-7350.

This page (NYSE:CNQ) was last updated on 2/3/2023 by MarketBeat.com Staff