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NYSE:CNQ - Canadian Natural Resources Stock Price, Forecast & News

$31.15
-0.56 (-1.77 %)
(As of 01/22/2020 01:38 AM ET)
Today's Range
$31.04
Now: $31.15
$31.52
50-Day Range
$27.27
MA: $31.17
$32.39
52-Week Range
$22.58
Now: $31.15
$32.79
Volume1.96 million shs
Average Volume2.73 million shs
Market Capitalization$36.89 billion
P/E Ratio12.31
Dividend Yield3.56%
Beta1.24
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. Read More…

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone403-517-6700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$17.19 billion
Cash Flow$5.41 per share
Book Value$20.52 per share

Profitability

Net Income$2.00 billion

Miscellaneous

Employees9,709
Outstanding Shares1,184,356,000
Market Cap$36.89 billion
Next Earnings Date3/5/2020 (Estimated)
OptionableOptionable

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Canadian Natural Resources (NYSE:CNQ) Frequently Asked Questions

What is Canadian Natural Resources' stock symbol?

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

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 Thursday, November 7th. Stockholders of record on Wednesday, December 11th will be given a dividend of $0.285 per share on Wednesday, January 1st. This represents a $1.14 annualized dividend and a dividend yield of 3.66%. The ex-dividend date of this dividend is Tuesday, December 10th. This is a boost from Canadian Natural Resources's previous quarterly dividend of $0.28. View Canadian Natural Resources' Dividend History.

How will Canadian Natural Resources' stock buyback program work?

Canadian Natural Resources announced that its board has approved a stock buyback plan on Thursday, March 15th 2018, which authorizes the company to buyback 61,300,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board believes its shares are undervalued.

How were Canadian Natural Resources' earnings last quarter?

Canadian Natural Resources Ltd (NYSE:CNQ) issued its earnings results on Thursday, November, 7th. The oil and gas producer reported $1.04 EPS for the quarter, beating analysts' consensus estimates of $0.60 by $0.44. The oil and gas producer earned $4.67 billion during the quarter, compared to the consensus estimate of $4.46 billion. Canadian Natural Resources had a return on equity of 7.87% and a net margin of 18.37%. During the same period last year, the company earned $1.11 earnings per share. View Canadian Natural Resources' Earnings History.

When is Canadian Natural Resources' next earnings date?

Canadian Natural Resources is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for Canadian Natural Resources.

What price target have analysts set for CNQ?

14 brokerages have issued 1 year price targets for Canadian Natural Resources' shares. Their forecasts range from $27.83 to $53.00. On average, they anticipate Canadian Natural Resources' share price to reach $42.35 in the next year. This suggests a possible upside of 36.0% from the stock's current price. View Analyst Price Targets for Canadian Natural Resources.

What is the consensus analysts' recommendation for Canadian Natural Resources?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last year. There are currently 1 sell rating, 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Canadian Natural Resources.

Has Canadian Natural Resources been receiving favorable news coverage?

News stories about CNQ stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Canadian Natural Resources earned a news impact score of -2.2 on InfoTrie's scale. They also assigned press coverage about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Canadian Natural Resources.

Are investors shorting Canadian Natural Resources?

Canadian Natural Resources saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 8,060,000 shares, a decrease of 57.0% from the December 15th total of 18,730,000 shares. Based on an average daily volume of 2,360,000 shares, the days-to-cover ratio is presently 3.4 days. Approximately 0.7% of the company's shares are sold short. View Canadian Natural Resources' Current Options Chain.

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

Who are Canadian Natural Resources' key executives?

Canadian Natural Resources' management team includes the folowing 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)

Who are Canadian Natural Resources' major shareholders?

Canadian Natural Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include Hexavest Inc. (0.28%), Cardinal Capital Management Inc. (0.20%), Bristol John W & Co. Inc. NY (0.15%), Caymus Capital Partners L.P. (0.06%), Zurcher Kantonalbank Zurich Cantonalbank (0.05%) and Assenagon Asset Management S.A. (0.04%).

Which institutional investors are selling Canadian Natural Resources stock?

CNQ stock was sold by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank , Bristol John W & Co. Inc. NY, Hennessy Advisors Inc., JCIC Asset Management Inc., Taylor Cottrill Erickson & Associates Inc., Nexus Investment Management Inc., OLD National Bancorp IN and CLARET ASSET MANAGEMENT Corp.

Which institutional investors are buying Canadian Natural Resources stock?

CNQ stock was purchased by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., Hexavest Inc., Assenagon Asset Management S.A., Caymus Capital Partners L.P., Silverleafe Capital Partners LLC, Janney Montgomery Scott LLC, IFP Advisors Inc and Manning & Napier Group LLC.

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 $31.15.

How big of a company is Canadian Natural Resources?

Canadian Natural Resources has a market capitalization of $36.89 billion and generates $17.19 billion in revenue each year. The oil and gas producer earns $2.00 billion in net income (profit) each year or $2.15 on an earnings per share basis. Canadian Natural Resources employs 9,709 workers across the globe.View Additional Information About Canadian Natural Resources.

What is Canadian Natural Resources' official website?

The official website for Canadian Natural Resources is http://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 403-517-6700 or via email at [email protected]


MarketBeat Community Rating for Canadian Natural Resources (NYSE CNQ)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  518 (Vote Outperform)
Underperform Votes:  406 (Vote Underperform)
Total Votes:  924
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.
This page was last updated on 1/22/2020 by MarketBeat.com Staff

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