NYSE:CNQCanadian Natural Resources Stock Price, Forecast & News

Canadian Natural Resources' stock was trading at $15.08 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CNQ shares have increased by 11.0% and is now trading at $16.74. View which stocks have been most impacted by Coronavirus.

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.

Canadian Natural Resources is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Canadian Natural Resources.

Canadian Natural Resources Ltd (NYSE:CNQ) released its quarterly earnings results on Thursday, May, 7th. The oil and gas producer reported ($0.25) earnings per share for the quarter, missing the consensus estimate of $0.04 by $0.29. The oil and gas producer had revenue of $3.36 billion for the quarter, compared to the consensus estimate of $3.61 billion. Canadian Natural Resources had a return on equity of 6.70% and a net margin of 13.51%. During the same quarter last year, the business posted $0.70 earnings per share. View Canadian Natural Resources' earnings history.

Canadian Natural Resources declared a quarterly dividend on Friday, May 8th. Stockholders of record on Friday, June 12th will be given a dividend of $0.3003 per share on Wednesday, July 1st. This represents a $1.20 dividend on an annualized basis and a yield of 7.18%. The ex-dividend date of this dividend is Thursday, June 11th. View Canadian Natural Resources' dividend history.

15 Wall Street analysts have issued 12 month price targets for Canadian Natural Resources' shares. Their forecasts range from $17.00 to $92.00. On average, they expect Canadian Natural Resources' stock price to reach $38.92 in the next twelve months. This suggests a possible upside of 132.5% from the stock's current price. View analysts' price targets for Canadian Natural Resources.

News stories about CNQ stock have trended negative this week, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Canadian Natural Resources earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned media 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 effect on the company's share price in the next several days. View the latest news about Canadian Natural Resources.

Canadian Natural Resources saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 23,850,000 shares, an increase of 87.8% from the June 15th total of 12,700,000 shares. Based on an average trading volume of 5,850,000 shares, the days-to-cover ratio is currently 4.1 days. Approximately 2.1% of the shares of the stock are sold short. View Canadian Natural Resources' Current Options Chain.

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), EOG Resources (EOG), The Hong Kong and China Gas (HOKCY), Ecopetrol (EC), Rwe Ag Sp (RWEOY), Pioneer Natural Resources (PXD), Occidental Petroleum (OXY), WOODSIDE PET LT/ADR (WOPEY), Encana (ECA), Concho Resources (CXO) and GALP ENERGIA SG/ADR (GLPEY). View all competitors.

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).

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

Canadian Natural Resources' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Cardinal Capital Management Inc. (0.04%), Envestnet Asset Management Inc. (0.00%) and Nexus Investment Management ULC (0.00%).

CNQ stock was sold by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., and Envestnet Asset Management Inc..

CNQ stock was purchased by a variety of institutional investors in the last quarter, including Nexus Investment Management ULC.

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.

One share of CNQ stock can currently be purchased for approximately $16.74.

Canadian Natural Resources has a market capitalization of $19.77 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.

The official website for Canadian Natural Resources is www.cnrl.com.

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]