Canadian Natural Resources Stock Forecast, Price & News

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last year. There are currently 2 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Canadian Natural Resources stock.
View analyst ratings for Canadian Natural Resources or view top-rated stocks.

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Canadian Natural Resources is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Canadian Natural Resources.

Canadian Natural Resources will be holding an earnings conference call on Thursday, August 5th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 800-585-8367 with passcode "9841366".

Canadian Natural Resources Limited (NYSE:CNQ) posted its quarterly earnings data on Wednesday, March, 3rd. The oil and gas producer reported $0.15 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.13 by $0.02. The oil and gas producer earned $3.85 billion during the quarter, compared to analyst estimates of $3.83 billion. Canadian Natural Resources had a net margin of 11.49% and a trailing twelve-month return on equity of 2.27%.
View Canadian Natural Resources' earnings history.

Canadian Natural Resources' stock was trading at $15.08 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CNQ shares have increased by 139.1% and is now trading at $36.06.
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Canadian Natural Resources declared a quarterly dividend on Monday, May 10th. Stockholders of record on Friday, June 18th will be paid a dividend of $0.3855 per share on Monday, July 5th. This represents a $1.54 annualized dividend and a dividend yield of 4.28%. The ex-dividend date is Thursday, June 17th. This is an increase from Canadian Natural Resources's previous quarterly dividend of $0.37.
View Canadian Natural Resources' dividend history.

Canadian Natural Resources pays an annual dividend of $0.65 per share and currently has a dividend yield of 1.78%.
View Canadian Natural Resources' dividend history.

16 analysts have issued 1-year price objectives for Canadian Natural Resources' shares. Their forecasts range from $29.00 to $54.00. On average, they expect Canadian Natural Resources' share price to reach $42.93 in the next year. This suggests a possible upside of 19.0% from the stock's current price.
View analysts' price targets for Canadian Natural Resources or view top-rated stocks among Wall Street analysts.

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 (TOT), TotalEnergies (TTE), PetroChina (PTR), Petróleo Brasileiro S.A. - Petrobras (PBR), EOG Resources (EOG), ENI (E), Pioneer Natural Resources (PXD), Occidental Petroleum (OXY), The Hong Kong and China Gas (HOKCY), Ecopetrol (EC), RWE Aktiengesellschaft (RWEOY), Cenovus Energy (CVE), Devon Energy (DVN), 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 a number of retail and institutional investors. Top institutional shareholders include Canada Pension Plan Investment Board (2.48%), FIL Ltd (2.14%), TD Asset Management Inc. (1.99%), CIBC Asset Management Inc (1.27%), Bank of Nova Scotia (1.23%) and CIBC World Markets Inc. (1.04%).

CNQ stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, Capital International Investors, Great West Life Assurance Co. Can, Ameriprise Financial Inc., Holocene Advisors LP, Point72 Asset Management L.P., Price T Rowe Associates Inc. MD, and Letko Brosseau & Associates Inc..

CNQ stock was purchased by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Yacktman Asset Management LP, Toronto Dominion Bank, Morgan Stanley, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Bank of Nova Scotia, Goldman Sachs Group Inc., and CIBC Asset 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 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 $36.06.

Canadian Natural Resources has a market capitalization of $42.73 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 403-517-7345 or via email at [email protected]