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NYSE:CNQCanadian Natural Resources Stock Price, Forecast & News

+0.58 (+3.00 %)
(As of 08/7/2020 04:00 PM ET)
Today's Range
Now: $19.92
50-Day Range
MA: $17.62
52-Week Range
Now: $19.92
Volume4.31 million shs
Average Volume3.53 million shs
Market Capitalization$23.53 billion
P/E Ratio498.00
Dividend Yield6.20%
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.4Community Rank: 2.8Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.38 out of 5 stars

Industry, Sector and Symbol

Industry Crude petroleum & natural gas



Sales & Book Value

Annual Sales$18.38 billion
Cash Flow$5.79 per share
Book Value$22.22 per share


Net Income$4.08 billion


Outstanding Shares1,181,040,000
Market Cap$23.53 billion
Next Earnings Date11/5/2020 (Estimated)
+0.58 (+3.00 %)
(As of 08/7/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 (WHO). Since then, CNQ shares have increased by 32.1% and is now trading at $19.92.
View which stocks have been most 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, 2 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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, November 5th 2020.
View our earnings forecast for Canadian Natural Resources

How were Canadian Natural Resources' earnings last quarter?

Canadian Natural Resources Ltd (NYSE:CNQ) posted its quarterly earnings data on Thursday, August, 6th. The oil and gas producer reported ($0.65) EPS for the quarter, missing the consensus estimate of ($0.56) by $0.09. Canadian Natural Resources had a net margin of 0.33% and a return on equity of 1.52%. During the same quarter in the prior year, the business earned $0.87 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, August 7th. Investors 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 dividend on an annualized basis and a yield of 6.39%. The ex-dividend date of this dividend is Thursday, September 17th. This is a boost from Canadian Natural Resources's previous quarterly dividend of $0.30.
View Canadian Natural Resources' dividend history

What price target have analysts set for CNQ?

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 twelve months. This suggests a possible upside of 79.6% from the stock's current price.
View analysts' price targets for Canadian Natural Resources

Has Canadian Natural Resources been receiving favorable news coverage?

Media coverage about CNQ stock has trended negative on Monday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Canadian Natural Resources earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned news headlines about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term.
View the latest news about Canadian Natural Resources

Are investors shorting Canadian Natural Resources?

Canadian Natural Resources saw a decline in short interest during the month of July. As of July 15th, there was short interest totaling 3,870,000 shares, a decline of 34.5% from the June 30th total of 5,910,000 shares. Based on an average daily trading volume, of 4,480,000 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the company's stock are short sold.
View Canadian Natural Resources' Short Interest

Who are some of Canadian Natural Resources' key competitors?

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 Bank of America (BAC), Energy Transfer LP Unit (ET), CA (CA), Micron Technology (MU), Pfizer (PFE), Intel (INTC), AT&T (T), Suncor Energy (SU), Applied Materials (AMAT) and BlackRock (BLK).

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."

Who are Canadian Natural Resources' major shareholders?

Canadian Natural Resources' stock is owned by a variety of institutional and retail investors. Top institutional investors include CIBC Asset Management Inc (1.01%), Letko Brosseau & Associates Inc. (0.99%), Swiss National Bank (0.43%), Sumitomo Mitsui Trust Holdings Inc. (0.38%), QV Investors Inc. (0.24%) and Value Partners Investments Inc. (0.21%).

Which institutional investors are selling Canadian Natural Resources stock?

CNQ stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Cardinal Capital Management Inc., Letko Brosseau & Associates Inc., Intact Investment Management Inc., Value Partners Investments Inc., Zurcher Kantonalbank Zurich Cantonalbank, Sumitomo Mitsui Trust Holdings Inc., and DekaBank Deutsche Girozentrale.

Which institutional investors are buying Canadian Natural Resources stock?

CNQ stock was purchased by a variety of institutional investors in the last quarter, including QV Investors Inc., CIBC Asset Management Inc, Swiss National Bank, Addenda Capital Inc., Assenagon Asset Management S.A., Manitou Investment Management Ltd., Bessemer Group Inc., and ARGA Investment Management LP.

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 $19.92.

How big of a company is Canadian Natural Resources?

Canadian Natural Resources has a market capitalization of $23.53 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.

What is Canadian Natural Resources' official website?

The official website for Canadian Natural Resources is 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 403-517-7345 or via email at [email protected]

This page was last updated on 8/10/2020 by MarketBeat.com Staff

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