TSE:CNQ Canadian Natural Resources - CNQ Stock Forecast, Price & News Adding Choose a watchlist: 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 Limited Please log in to your account or sign up in order to add this asset to your watchlist. C$70.42 +1.77 (+2.58%) (As of 03/20/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$68.27▼C$70.5750-Day RangeC$68.65▼C$82.7552-Week RangeC$58.75▼C$88.18Volume9.32 million shsAverage Volume6.12 million shsMarket CapitalizationC$77.46 billionP/E Ratio7.52Dividend Yield5.11%Price TargetC$91.14 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Canadian Natural Resources MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside29.4% UpsideC$91.14 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.31Based on 6 Articles This WeekInsider TradingSelling SharesC$24.05 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.89 out of 5 stars 3.3 Analyst's Opinion Consensus RatingCanadian Natural Resources has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$91.14, Canadian Natural Resources has a forecasted upside of 29.4% from its current price of C$70.42.Amount of Analyst CoverageCanadian Natural Resources has only been the subject of 4 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CNQ. Previous Next 2.5 Dividend Strength Dividend LeadershipCanadian Natural Resources is a leading dividend payer. It pays a dividend yield of 4.54%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanadian Natural Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Canadian Natural Resources is 38.46%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CNQ. Previous Next 2.4 News and Social Media Coverage News SentimentCanadian Natural Resources has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Canadian Natural Resources this week, compared to 2 articles on an average week.Search Interest119 people have searched for CNQ on MarketBeat in the last 30 days. This is an increase of 19% compared to the previous 30 days.MarketBeat FollowsOnly 14 people have added Canadian Natural Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -39% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canadian Natural Resources insiders have sold 54,841.34% more of their company's stock than they have bought. Specifically, they have bought C$43,776.00 in company stock and sold C$24,051,120.00 in company stock.Percentage Held by InsidersOnly 2.22% of the stock of Canadian Natural Resources is held by insiders.Percentage Held by Institutions78.15% 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 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Natural Resources is 7.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Natural Resources is 7.52, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 63.39.Price to Earnings Growth RatioCanadian Natural Resources has a PEG Ratio of 0.53. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioCanadian Natural Resources has a P/B Ratio of 2.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Canadian Natural Resources (TSE:CNQ) StockCanadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells 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 and refining assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2020, the company had total proved crude oil, bitumen, and NGLs reserves were 10,528 million barrels (MMbbl); total proved plus probable crude oil, bitumen, and NGLs reserves were 13,271 MMbbl; proved SCO reserves were 6,998 MMbbl; total proved plus probable SCO reserves were 7,535 MMbbl; proved natural gas reserves were 12,168 billion cubic feet (Bcf); and total proved plus probable natural gas reserves were 20,249 Bcf. 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 Receive CNQ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canadian Natural Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address CNQ Stock News HeadlinesMarch 17, 2023 | americanbankingnews.comCanadian Natural Resources (TSE:CNQ) Price Target Raised to C$94.00March 17, 2023 | marketwatch.comCanadian Natural Resources Ltd. stock rises Thursday, outperforms marketMarch 21, 2023 | Health Sector Insight (Ad)Penny Stock Shows Big PotentialThe $4.37 trillion wellness market and the little-known penny stock to get on radar now. March 13, 2023 | americanbankingnews.comCanadian Natural Resources Limited (TSE:CNQ) Receives Average Rating of "Moderate Buy" from BrokeragesMarch 8, 2023 | seekingalpha.comCanadian Natural Resources gets TSX nod for NCIBMarch 4, 2023 | seekingalpha.comCanadian Natural Resources Limited (CNQ) Q4 2022 Earnings Call TranscriptMarch 2, 2023 | theglobeandmail.comCanadian Natural Resources’ quarterly profit down from year ago as extreme cold affects outputFebruary 21, 2023 | finance.yahoo.comCanadian Natural Resources (CNQ) Stock Moves -0.92%: What You Should KnowMarch 21, 2023 | Health Sector Insight (Ad)Penny Stock Shows Big PotentialThe $4.37 trillion wellness market and the little-known penny stock to get on radar now. February 6, 2023 | finance.yahoo.comCanadian Natural Resources (CNQ) Stock Moves -0.24%: What You Should KnowJanuary 23, 2023 | theglobeandmail.comCanadian Natural Res: Top 10 Undervalued Large Cap Stocks on TSX (CNQ)January 19, 2023 | msn.comCanadian Natural Resources Limited (CNQ) Is a Trending Stock: Facts to Know Before Betting on ItDecember 28, 2022 | finance.yahoo.comImplied Volatility Surging for Canadian Natural Resource (CNQ) Stock OptionsNovember 30, 2022 | theglobeandmail.comCanadian Natural Resources plans $5.2 billion in capital spending in 2023November 30, 2022 | seekingalpha.comCanadian Natural Resources sees higher production, capex in 2023November 30, 2022 | theglobeandmail.comCanadian Natural Resources forecasts increased production in 2023 as it seeks to capitalize on higher pricesNovember 30, 2022 | finance.yahoo.comCanadian Natural Resources Limited Announces 2023 Budget and New GHG Emissions Reduction TargetNovember 30, 2022 | ca.finance.yahoo.comCanadian Natural forecasts higher 2023 production, sets new emission goalsNovember 30, 2022 | finance.yahoo.comUPDATE 2-Canadian Natural forecasts higher 2023 production, sets new emission goalsNovember 25, 2022 | seekingalpha.comCanadian Natural Resources: Getting Increasing DividendsNovember 4, 2022 | baystreet.caCanadian Natural Resources Hikes Dividend 13% On Strong Q3 EarningsNovember 3, 2022 | msn.comCanadian Natural Resources: Q3 Earnings InsightsNovember 3, 2022 | seekingalpha.comCanadian Natural Resources Limited (CNQ) Q3 2022 Earnings Call TranscriptNovember 3, 2022 | nasdaq.comCanadian Natural Resources quarterly profit risesNovember 3, 2022 | markets.businessinsider.comCanadian Natural Resources Limited Announces 2022 Third Quarter ResultsNovember 3, 2022 | markets.businessinsider.comCanadian Natural Resources Q3 Profit Rises, Tops Estimates; Lifts DividendNovember 2, 2022 | finance.yahoo.comIs a Surprise Coming for Canadian Natural (CNQ) This Earnings Season?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CNQ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canadian Natural Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address CNQ Company Calendar Ex-Dividend for 4/5 Dividend3/16/2023Today3/21/2023Dividend Payable4/05/2023Next Earnings (Estimated)5/04/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas E & P Sub-IndustryN/A SectorOils/Energy Current SymbolTSE:CNQ CUSIPN/A CIKN/A Webwww.cnrl.com Phone+1-403-5147605FaxN/AEmployees9,735Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$91.14 High Stock Price ForecastC$100.00 Low Stock Price ForecastC$80.00 Forecasted Upside/Downside+29.4%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)C$9.36 Trailing P/E Ratio7.52 Forward P/E Ratio8.23 P/E Growth0.53Net IncomeC$10.94 billion Net Margins25.86% Pretax MarginN/A Return on Equity29.12% Return on Assets12.06% Debt Debt-to-Equity Ratio34.01 Current Ratio0.82 Quick Ratio0.54 Sales & Book Value Annual SalesC$42.30 billion Price / Sales1.83 Cash FlowC$0.82 per share Price / Cash Flow85.85 Book ValueC$34.62 per share Price / Book2.03Miscellaneous Outstanding Shares1,100,000,000Free FloatN/AMarket CapC$77.46 billion OptionableOptionable Beta2.02 Key ExecutivesMr. Norman Murray Edwards O.C. (Age 63)Exec. Chairman Comp: $12.47MMr. Timothy Shawn McKay (Age 61)Pres & Director Comp: $7.14MMr. Mark A. Stainthorpe C.F.A. (Age 45)CFO & Sr. VP of Fin. Comp: $2.19MMr. Scott G. Stauth (Age 57)Chief Operating Officer of Oil Sands Comp: $2.89MMr. Darren M. Fichter (Age 52)Chief Operating Officer of Exploration & Production Comp: $2.36MMr. Ronald Dae Jung Kim C.A.Principal Accounting Officer & VP of Fin.Mr. Joy P. Romero (Age 66)Vice-Pres of Technology & Innovation Mr. Stephen C. Suche (Age 63)Vice-Pres of Information & Corp. Services Lance J. CassonMang. of Investor RelationsPaul M. Mendes (Age 57)VP of Legal, Gen. Counsel & Corp. Sec. More ExecutivesKey CompetitorsEnbridgeTSE:ENBPembina PipelineTSE:PPLTourmaline OilTSE:TOUOvintivTSE:OVVWhitecap ResourcesTSE:WCPView All CompetitorsInsidersCalvin John BastSold 5,000 sharesTotal: C$404,500.00 ($80.90/share)Troy John Peter AndersenSold 20,000 sharesTotal: C$1.63 M ($81.74/share)Norman Murray EdwardsSold 200,000 sharesTotal: C$16.28 M ($81.38/share)Trevor James CassidySold 20,000 sharesTotal: C$1.63 M ($81.38/share)Scott Gerald StauthSold 14,000 sharesTotal: C$1.13 M ($81.05/share)View All Insider Transactions CNQ Stock - Frequently Asked Questions Should I buy or sell Canadian Natural Resources stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CNQ shares. View CNQ analyst ratings or view top-rated stocks. What is Canadian Natural Resources' stock price forecast for 2023? 10 brokers have issued 12-month price targets for Canadian Natural Resources' stock. Their CNQ share price forecasts range from C$80.00 to C$100.00. On average, they predict the company's stock price to reach C$91.14 in the next twelve months. This suggests a possible upside of 29.4% from the stock's current price. View analysts price targets for CNQ or view top-rated stocks among Wall Street analysts. How have CNQ shares performed in 2023? Canadian Natural Resources' stock was trading at C$75.19 at the beginning of 2023. Since then, CNQ shares have decreased by 6.3% and is now trading at C$70.42. View the best growth stocks for 2023 here. When is Canadian Natural Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our CNQ earnings forecast. 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, March 2nd. Shareholders of record on Friday, March 17th will be paid a dividend of 0.90 per share on Wednesday, April 5th. This represents a $3.60 annualized dividend and a dividend yield of 5.11%. The ex-dividend date is Thursday, March 16th. This is an increase from the stock's previous quarterly dividend of C$0.75. Read our dividend analysis for CNQ. Is Canadian Natural Resources a good dividend stock? Canadian Natural Resources (TSE:CNQ) pays an annual dividend of C$3.60 per share and currently has a dividend yield of 4.54%. CNQ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 38.46%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CNQ. 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 Intact Financial (IFC), Constellation Software (CSU), Enbridge (ENB), Suncor Energy (SU), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Air Canada (AC), Alimentation Couche-Tard (ATD.B), Vermilion Energy (VET) and Royal Bank of Canada (RY). What is Canadian Natural Resources' stock symbol? Canadian Natural Resources trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CNQ." How do I buy shares of Canadian Natural Resources? Shares of CNQ stock 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.Compare Top Brokerages Here. What is Canadian Natural Resources' stock price today? One share of CNQ stock can currently be purchased for approximately C$70.42. How much money does Canadian Natural Resources make? Canadian Natural Resources (TSE:CNQ) has a market capitalization of C$77.46 billion and generates C$42.30 billion in revenue each year. The company earns C$10.94 billion in net income (profit) each year or C$9.36 on an earnings per share basis. How many employees does Canadian Natural Resources have? The company employs 9,735 workers across the globe. How can I contact Canadian Natural Resources? Canadian Natural Resources' mailing address is 2100, 855-2 Street Sw, CALGARY, AB T2P 4J8, Canada. The official website for the company is www.cnrl.com. The company can be reached via phone at +1-403-5147605. This page (TSE:CNQ) was last updated on 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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