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

$25.80
+0.39 (+1.53 %)
(As of 02/28/2020 04:00 PM ET)
Today's Range
$24.46
Now: $25.80
$25.80
50-Day Range
$25.41
MA: $29.75
$32.25
52-Week Range
$22.58
Now: $25.80
$32.79
Volume6.30 million shs
Average Volume2.56 million shs
Market Capitalization$30.63 billion
P/E Ratio10.20
Dividend Yield4.44%
Beta1.25
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$5.58 per share
Book Value$20.52 per share

Profitability

Net Income$2.00 billion

Miscellaneous

Employees9,709
Outstanding Shares1,187,060,000
Market Cap$30.63 billion
Next Earnings Date3/5/2020 (Confirmed)
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 paid a dividend of $0.285 per share on Wednesday, January 1st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 4.42%. The ex-dividend date is Tuesday, December 10th. This is an increase 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 of Directors has initiated a share repurchase plan on Thursday, March 15th 2018, which allows the company to repurchase 61,300,000 shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.

How were Canadian Natural Resources' earnings last quarter?

Canadian Natural Resources Ltd (NYSE:CNQ) posted its quarterly earnings data on Thursday, November, 7th. The oil and gas producer reported $1.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.60 by $0.44. The oil and gas producer had revenue of $4.67 billion for 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 quarter in the previous year, the business 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.

How can I listen to Canadian Natural Resources' earnings call?

Canadian Natural Resources will be holding an earnings conference call on Thursday, March 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for CNQ?

14 Wall Street analysts have issued 12-month target prices for Canadian Natural Resources' stock. Their forecasts range from $27.83 to $53.00. On average, they anticipate Canadian Natural Resources' stock price to reach $42.35 in the next year. This suggests a possible upside of 64.2% 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, 4 hold ratings and 9 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 headlines about CNQ stock have been trending very negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. 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 news sentiment score of -4.0 on InfoTrie's scale. They also gave press coverage about the oil and gas producer a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near future. View News Stories for Canadian Natural Resources.

Are investors shorting Canadian Natural Resources?

Canadian Natural Resources saw a decrease in short interest in February. As of February 14th, there was short interest totalling 7,800,000 shares, a decrease of 5.6% from the January 30th total of 8,260,000 shares. Based on an average trading volume of 2,610,000 shares, the days-to-cover ratio is currently 3.0 days. Currently, 0.7% of the company's stock 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), Intel (INTC), Bank of America (BAC), AT&T (T), Suncor Energy (SU), BlackRock (BLK), Pfizer (PFE) 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 a number of of institutional and retail investors. Top institutional shareholders include Capital Research Global Investors (7.60%), Capital World Investors (3.47%), FIL Ltd (2.72%), Capital International Investors (2.57%), TD Asset Management Inc. (2.26%) and Beutel Goodman & Co Ltd. (2.07%).

Which major investors are selling Canadian Natural Resources stock?

CNQ stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Highstreet Asset Management Inc., Boston Partners, Russell Investments Group Ltd., Goldman Sachs Group Inc., 1832 Asset Management L.P., Letko Brosseau & Associates Inc. and QV Investors Inc..

Which major investors are buying Canadian Natural Resources stock?

CNQ stock was bought by a variety of institutional investors in the last quarter, including FIL Ltd, Capital International Investors, FMR LLC, Capital World Investors, Value Partner Investments Inc., Capital Research Global Investors, Geode Capital Management LLC and Cardinal Capital Management Inc..

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 $25.80.

How big of a company is Canadian Natural Resources?

Canadian Natural Resources has a market capitalization of $30.63 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:  530 (Vote Outperform)
Underperform Votes:  421 (Vote Underperform)
Total Votes:  951
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 2/29/2020 by MarketBeat.com Staff

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