TSE:CNQ

Canadian Natural Resources Limited (CNQ.TO) Stock Forecast, Price & News

C$31.49

-0.09 (-0.28 %)

(As of 01/20/2021 12:00 AM ET)

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Today's Range

C$31.11

Now: C$31.49▼

C$31.80

50-Day Range

C$29.77

MA: C$31.74▼

C$34.43

52-Week Range

C$9.80

Now: C$31.49▼

C$41.16

Volume3.31 million shs

Average Volume4.83 million shs

Market CapitalizationC$37.19 billion

P/E RatioN/A

Dividend Yield5.38%

BetaN/A

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, 2019, the company had gross proved crude oil, bitumen, SCO, and NGLs reserves totaled 9,917 million barrels; gross proved plus probable crude oil, bitumen, SCO, and NGLs reserves totaled 12,651 million barrels; proved natural gas reserves totaled 6,460 billion cubic feet; and gross proved plus probable natural gas reserves totaled 9,607 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.

MarketRank^™

Overall MarketRank^™

1.45 out of 5 stars

3.4 Analyst's Opinion

Consensus Rating
Canadian Natural Resources Limited (CNQ.TO) has received a consensus rating of Buy. The company's average rating score is 2.77, and is based on 10 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$34.95, Canadian Natural Resources Limited (CNQ.TO) has a forecasted upside of 11.0% from its current price of C$31.49.
Amount of Analyst Coverage
Canadian Natural Resources Limited (CNQ.TO) has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.2 Community Rank

Outperform Votes
Canadian Natural Resources Limited (CNQ.TO) has received 637 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Canadian Natural Resources Limited (CNQ.TO) has received 820 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Canadian Natural Resources Limited (CNQ.TO) has received 56.28% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Canadian Natural Resources Limited (CNQ.TO) 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.

1.7 Dividend Strength

Dividend Leadership
Canadian Natural Resources Limited (CNQ.TO) is a leading dividend payer. It pays a dividend yield of 5.38%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Canadian Natural Resources Limited (CNQ.TO) does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canadian Natural Resources Limited (CNQ.TO) insiders have sold 523.68% more of their company's stock than they have bought. Specifically, they have bought C$1,222,991.00 in company stock and sold C$7,627,602.00 in company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian Natural Resources Limited (CNQ.TO) is -63.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian Natural Resources Limited (CNQ.TO) is -63.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Canadian Natural Resources Limited (CNQ.TO) has a PEG Ratio of 3.19. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Canadian Natural Resources Limited (CNQ.TO) has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange TSE

Industry Oil & Gas E&P

Sub-IndustryN/A

SectorEnergy

Current SymbolTSE:CNQ

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.cnrl.com

Phone+1-403-5147605

Employees10,180

Debt

Debt-to-Equity Ratio73.09

Current Ratio0.97

Quick Ratio0.57

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio29.99

P/E Growth3.19

Sales & Book Value

Annual SalesC$17.78 billion

Price / Sales2.09

Cash FlowC$0.38 per share

Price / Cash Flow83.55

Book ValueC$27.24 per share

Price / Book1.16

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares1,181,058,000

Market CapC$37.19 billion

Next Earnings Date3/4/2021 (Estimated)

OptionableOptionable

C$31.49

-0.09 (-0.28 %)

(As of 01/20/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Canadian Natural Resources Limited (CNQ.TO) (TSE:CNQ) Frequently Asked Questions

How has Canadian Natural Resources Limited (CNQ.TO)'s stock been impacted by COVID-19 (Coronavirus)?

Canadian Natural Resources Limited (CNQ.TO)'s stock was trading at C$20.76 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CNQ stock has increased by 51.7% and is now trading at C$31.49.
View which stocks have been most impacted by COVID-19.

Is Canadian Natural Resources Limited (CNQ.TO) a buy right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources Limited (CNQ.TO) in the last twelve months. There are currently 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Canadian Natural Resources Limited (CNQ.TO) stock.
View analyst ratings for Canadian Natural Resources Limited (CNQ.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Canadian Natural Resources Limited (CNQ.TO)?

Wall Street analysts have given Canadian Natural Resources Limited (CNQ.TO) a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Canadian Natural Resources Limited (CNQ.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Canadian Natural Resources Limited (CNQ.TO)'s next earnings date?

Canadian Natural Resources Limited (CNQ.TO) is scheduled to release its next quarterly earnings announcement on Thursday, March 4th 2021.
View our earnings forecast for Canadian Natural Resources Limited (CNQ.TO).

How were Canadian Natural Resources Limited (CNQ.TO)'s earnings last quarter?

Canadian Natural Resources Limited (CNQ.TO) (TSE:CNQ) issued its quarterly earnings results on Thursday, November, 5th. The company reported $0.11 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.08. The firm earned $4.50 billion during the quarter, compared to analyst estimates of $4.32 billion.
View Canadian Natural Resources Limited (CNQ.TO)'s earnings history.

How often does Canadian Natural Resources Limited (CNQ.TO) pay dividends? What is the dividend yield for Canadian Natural Resources Limited (CNQ.TO)?

Canadian Natural Resources Limited (CNQ.TO) announced a quarterly dividend on Thursday, November 5th. Stockholders of record on Wednesday, December 9th will be given a dividend of 0.425 per share on Tuesday, January 5th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 5.40%. The ex-dividend date of this dividend is Tuesday, December 8th.
View Canadian Natural Resources Limited (CNQ.TO)'s dividend history.

Is Canadian Natural Resources Limited (CNQ.TO) a good dividend stock?

Canadian Natural Resources Limited (CNQ.TO) pays an annual dividend of C$1.65 per share and currently has a dividend yield of 5.38%. CNQ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Canadian Natural Resources Limited (CNQ.TO)'s dividend history.

What price target have analysts set for CNQ?

13 brokerages have issued 1-year price targets for Canadian Natural Resources Limited (CNQ.TO)'s shares. Their forecasts range from C$20.00 to C$45.00. On average, they expect Canadian Natural Resources Limited (CNQ.TO)'s stock price to reach C$34.95 in the next twelve months. This suggests a possible upside of 11.0% from the stock's current price.
View analysts' price targets for Canadian Natural Resources Limited (CNQ.TO) or view Wall Street analyst' top-rated stocks.

Who are some of Canadian Natural Resources Limited (CNQ.TO)'s key competitors?

Some companies that are related to Canadian Natural Resources Limited (CNQ.TO) include Return Energy (RTN), Ovintiv Inc. (OVV.TO) (OVV), Tourmaline Oil Corp. (TOU.TO) (TOU), Zargon Oil & Gas Ltd. (ZAR.TO) (ZAR), Whitecap Resources Inc. (WCP.TO) (WCP), Seven Generations Energy Ltd. (VII.TO) (VII), Energean plc (ENOG.L) (ENOG), Raging River Exploration (RRX), Whiting Petroleum (WLL), Diversified Gas & Oil PLC (DGOC.L) (DGOC), Kosmos Energy Ltd. (KOS.L) (KOS), Freehold Royalties Ltd. (FRU.TO) (FRU), Canacol Energy Ltd (CNE.TO) (CNE), Peyto Exploration & Development Corp. (PEY.TO) (PEY) and TORC Oil & Gas Ltd. (TOG.TO) (TOG).
View all of CNQ's competitors.

What other stocks do shareholders of Canadian Natural Resources Limited (CNQ.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Natural Resources Limited (CNQ.TO) investors own include Intact Financial Co. (IFC.TO) (IFC), Constellation Software Inc. (CSU.TO) (CSU), Enbridge Inc. (ENB.TO) (ENB), Suncor Energy Inc. (SU.TO) (SU), The Bank of Nova Scotia (BNS.TO) (BNS), The Toronto-Dominion Bank (TD.TO) (TD), Air Canada (AC.TO) (AC), Alimentation Couche-Tard (ATD.B), Vermilion Energy Inc. (VET.TO) (VET) and Royal Bank of Canada (RY.TO) (RY).

Who are Canadian Natural Resources Limited (CNQ.TO)'s key executives?

Canadian Natural Resources Limited (CNQ.TO)'s management team includes the following people:

Mr. Norman Murray Edwards O.C., Exec. Chairman (Age 60, Pay $10.77M)
Mr. Timothy Shawn McKay, Pres & Director (Age 58, Pay $6.74M)
Mr. Mark A. Stainthorpe C.F.A., CFO & Sr. VP of Fin. (Age 42, Pay $1.41M)
Mr. Scott G. Stauth, Chief Operating Officer of Oil Sands (Age 54, Pay $2.58M)
Mr. Corey B. Bieber C.A., CA, Exec. Advisor (Age 56, Pay $956.04k)
Mr. Ronald Dae Jung Kim C.A., Principal Accounting Officer & VP of Fin.
Mr. Joy P. Romero, Vice-Pres of Technology & Innovation (Age 63)
Mr. Stephen C. Suche, Vice-Pres of Information & Corp. Services (Age 60)
Paul M. Mendes, VP of Legal, Gen. Counsel & Corp. Sec. (Age 54)

What is Canadian Natural Resources Limited (CNQ.TO)'s stock symbol?

Canadian Natural Resources Limited (CNQ.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CNQ."

How do I buy shares of Canadian Natural Resources Limited (CNQ.TO)?

Shares of CNQ and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What is Canadian Natural Resources Limited (CNQ.TO)'s stock price today?

One share of CNQ stock can currently be purchased for approximately C$31.49.

How big of a company is Canadian Natural Resources Limited (CNQ.TO)?

Canadian Natural Resources Limited (CNQ.TO) has a market capitalization of C$37.19 billion and generates C$17.78 billion in revenue each year. Canadian Natural Resources Limited (CNQ.TO) employs 10,180 workers across the globe.

What is Canadian Natural Resources Limited (CNQ.TO)'s official website?

The official website for Canadian Natural Resources Limited (CNQ.TO) is www.cnrl.com.

How can I contact Canadian Natural Resources Limited (CNQ.TO)?

Canadian Natural Resources Limited (CNQ.TO)'s mailing address is 2100, 855-2 Street Sw, CALGARY, AB T2P 4J8, Canada. The company can be reached via phone at +1-403-5147605.

This page was last updated on 1/21/2021 by MarketBeat.com Staff

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