NYSE:CNQ Canadian Natural Resources Stock Forecast, Price & 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 $16.15 -0.36 (-2.18 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$16.01Now: $16.15▼$16.4750-Day Range$16.40MA: $19.18▼$20.5552-Week Range$6.71Now: $16.15▼$32.79Volume2.50 million shsAverage Volume4.51 million shsMarket Capitalization$19.07 billionP/E Ratio403.75Dividend Yield7.87%Beta1.73 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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™ 4.4 Analyst's Opinion Consensus RatingCanadian Natural Resources has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 13 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $35.40, Canadian Natural Resources has a forecasted upside of 119.2% from its current price of $16.15.Amount of Analyst CoverageCanadian Natural Resources has been the subject of 7 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 550 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCanadian Natural Resources has received 434 “underperform” votes. (Add your “underperform” vote.)Community SentimentCanadian Natural Resources has received 55.89% “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 2.5 Dividend Strength Dividend LeadershipCanadian Natural Resources is a leading dividend payer. It pays a dividend yield of 7.87%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanadian Natural Resources has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Canadian Natural Resources is 57.27%. 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 282.61% 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 Institutions66.96% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Canadian Natural Resources are expected to grow in the coming year, from ($0.59) to $0.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Natural Resources is 403.75, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Natural Resources is 403.75, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.69.Price to Book Value per Share RatioCanadian Natural Resources has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next 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™2.39 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 Webwww.cnrl.com Phone403-517-7345Debt Debt-to-Equity Ratio0.65 Current Ratio0.83 Quick Ratio0.60Price-To-Earnings Trailing P/E Ratio403.75 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$18.38 billion Price / Sales1.04 Cash Flow$5.51 per share Price / Cash Flow2.93 Book Value$22.22 per share Price / Book0.73Profitability EPS (Most Recent Fiscal Year)$2.27 Net Income$4.08 billion Net Margins0.33% Return on Equity1.56% Return on Assets0.69%Miscellaneous Employees10,180 Outstanding Shares1,181,038,000Market Cap$19.07 billion Next Earnings Date11/5/2020 (Estimated) OptionableOptionable $16.15 -0.36 (-2.18 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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. Canadian Natural Resources (NYSE:CNQ) Frequently Asked Questions How has Canadian Natural Resources' stock price been impacted by COVID-19 (Coronavirus)? Canadian Natural Resources' stock was trading at $15.08 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CNQ stock has increased by 7.1% and is now trading at $16.15. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Canadian Natural Resources? 16 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 13 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) issued 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 1.56%. During the same period in the previous year, the firm earned $0.87 EPS. 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. 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 dividend yield of 7.88%. The ex-dividend date of this dividend 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. What price target have analysts set for CNQ? 16 Wall Street analysts have issued 12 month price targets for Canadian Natural Resources' stock. Their forecasts range from $17.00 to $92.00. On average, they expect Canadian Natural Resources' share price to reach $35.40 in the next twelve months. This suggests a possible upside of 119.2% from the stock's current price. View analysts' price targets for Canadian Natural Resources. Are investors shorting Canadian Natural Resources? Canadian Natural Resources saw a increase in short interest in September. As of September 15th, there was short interest totaling 13,110,000 shares, an increase of 76.0% from the August 31st total of 7,450,000 shares. Based on an average daily volume of 3,550,000 shares, the short-interest ratio is currently 3.7 days. Approximately 1.2% of the shares of the company are sold short. View Canadian Natural Resources' Short Interest. Who are some of Canadian Natural Resources' key competitors? 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), The Hong Kong and China Gas (HOKCY), Rwe Ag Sp (RWEOY), EOG Resources (EOG), Ecopetrol (EC), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Encana (ECA), Occidental Petroleum (OXY), Concho Resources (CXO) and GALP ENERGIA SG/ADR (GLPEY). View all 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 Intel (INTC), Pfizer (PFE), Micron Technology (MU), Bank of America (BAC), AT&T (T), AbbVie (ABBV), QUALCOMM (QCOM), Cisco Systems (CSCO), Gilead Sciences (GILD) and Suncor Energy (SU). 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 many different institutional and retail investors. Top institutional investors include FIL Ltd (4.79%), Vanguard Group Inc. (3.20%), TD Asset Management Inc. (2.13%), Canada Pension Plan Investment Board (1.87%), FMR LLC (1.53%) and Public Investment Fund (1.45%). Which institutional investors are selling Canadian Natural Resources stock? CNQ stock was sold by a variety of institutional investors in the last quarter, including Jarislowsky Fraser Ltd, Public Investment Fund, Toronto Dominion Bank, Canada Pension Plan Investment Board, Russell Investments Group Ltd., Cardinal Capital Management Inc., TD Asset Management Inc., and Letko Brosseau & Associates Inc.. Which institutional investors are buying Canadian Natural Resources stock? CNQ stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Luminus Management LLC, FIL Ltd, Holocene Advisors LP, Point72 Asset Management L.P., QV Investors Inc., MUFG Securities EMEA plc, and Marshall Wace North America L.P.. 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 $16.15. How big of a company is Canadian Natural Resources? Canadian Natural Resources has a market capitalization of $19.07 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 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. 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