Canadian Natural Resources Stock Price, News & Analysis (TSE:CNQ) C$90.18 +1.44 (+1.62%) (As of 11/29/2023 ET) Add Compare Share Share Today's RangeC$88.80▼C$90.2650-Day RangeC$82.70▼C$93.2952-Week RangeC$67.13▼C$93.44Volume12.38 million shsAverage Volume6.40 million shsMarket CapitalizationC$98.30 billionP/E Ratio13.94Dividend Yield4.44%Price TargetC$94.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Canadian Natural Resources MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside4.6% UpsideC$94.33 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.56Based on 2 Articles This WeekInsider TradingSelling SharesC$14.88 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.2.55 out of 5 stars 2.3 Analyst's Opinion Consensus RatingCanadian Natural Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 8 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$94.33, Canadian Natural Resources has a forecasted upside of 4.6% from its current price of C$90.18.Amount of Analyst CoverageCanadian Natural Resources has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. 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 4.48%, 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 61.82%. 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 2.5 News and Social Media Coverage News SentimentCanadian Natural Resources has a news sentiment score of 0.56. 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 higher news sentiment than the 0.33 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Canadian Natural Resources this week, compared to 1 article on an average week.Search InterestOnly 25 people have searched for CNQ on MarketBeat in the last 30 days. This is a decrease of -4% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Canadian Natural Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% 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 33,916.41% more of their company's stock than they have bought. Specifically, they have bought C$43,745.00 in company stock and sold C$14,880,478.00 in company stock.Percentage Held by InsidersOnly 2.22% of the stock of Canadian Natural Resources is held by insiders.Percentage Held by Institutions78.72% 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 13.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.89.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Natural Resources is 13.94, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 115.31.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 2.47. 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 Stock (TSE:CNQ)Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO). The company's midstream assets include two pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. 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 CNQ Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNQ Stock News HeadlinesNovember 24, 2023 | investing.comCanadian Natural Resources raises quarterly cash dividend by 11%November 23, 2023 | americanbankingnews.comCanadian Natural Resources Limited (TSE:CNQ) Senior Officer Sells C$920,000.00 in StockNovember 30, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. 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Please read the offering circular at invest.autonomix.comNovember 21, 2023 | finance.yahoo.comThe Return Trends At Canadian Natural Resources (TSE:CNQ) Look PromisingNovember 11, 2023 | seekingalpha.comCanadian Natural Resources: 2024, The Year Of The ShareholderNovember 4, 2023 | msn.comCanadian Natural tops Q3 profit estimates, names insider Stauth as presidentNovember 4, 2023 | msn.com>16% Yield Potential - Why I Believe Canadian Natural Is The Best Oil Stock Money Can BuyNovember 4, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Paramount Resources (OtherPRMRF), Canadian Natural (CNQ) and ARC Resources (OtherAETUF)November 30, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. 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Please read the offering circular at invest.autonomix.comNovember 3, 2023 | ca.finance.yahoo.comNatural Resources Hits 52-Week High on NewsNovember 2, 2023 | finance.yahoo.comUPDATE 2-Canadian Natural posts lower Q3 profit, says president to step down next yearNovember 2, 2023 | ca.finance.yahoo.comCanadian Natural posts lower Q3 profit, says president to step down next yearOctober 26, 2023 | finance.yahoo.comEarnings Preview: Canadian Natural Resources (CNQ) Q3 Earnings Expected to DeclineOctober 23, 2023 | finance.yahoo.comCanadian Natural Resources (TSE:CNQ) shareholders have earned a 70% CAGR over the last three yearsOctober 13, 2023 | baystreet.caNatural Resources, 1CM, MEG at 52-Week HighsOctober 12, 2023 | markets.businessinsider.comCanadian Natural (CNQ) Receives a Rating Update from a Top AnalystOctober 10, 2023 | finance.yahoo.comOVV vs. CNQ: Which Stock Should Value Investors Buy Now?October 5, 2023 | fool.caCNQ Stock Is up 25% in 2023! Is the Stock a Buy Now?September 30, 2023 | msn.comCanadian Natural Resources: More Reliable Dividends Is Tough To FindSeptember 27, 2023 | finance.yahoo.comZacks Industry Outlook Highlights Canadian Natural Resources, Crescent Point Energy and EnerplusSeptember 25, 2023 | msn.com18% Yield Potential At $100 Oil: Why Canadian Natural Is My Favorite Oil PlaySeptember 24, 2023 | finance.yahoo.comThe 3 Most Undervalued Oil Stocks to Buy in September 2023August 31, 2023 | benzinga.comHere's How Much $100 Invested In Canadian Natural Res 20 Years Ago Would Be Worth TodayAugust 15, 2023 | finance.yahoo.comCanadian (CNQ) Q2 Earnings Fall Y/Y, Sales Beat EstimatesAugust 3, 2023 | msn.comCanadian Natural Resources moves higher after Q2 earnings topperJuly 28, 2023 | finance.yahoo.comOvintiv (OVV) Tops Q2 Earnings and Revenue EstimatesJuly 20, 2023 | benzinga.comA Look Into Canadian Natural Res' DebtSee More Headlines 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 Company Calendar Ex-Dividend for 10/5 Dividend9/14/2023Dividend Payable10/05/2023Last Earnings11/02/2023Today11/30/2023Ex-Dividend for 1/5 Dividend12/07/2023Dividend Payable1/05/2024Next Earnings (Estimated)3/07/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas E&P Sub-IndustryN/A SectorEnergy Current SymbolTSE:CNQ CUSIPN/A CIKN/A Webwww.cnrl.com Phone+1-403-5147605FaxN/AEmployees10,035Year FoundedN/APrice Target and Rating Average Stock Price TargetC$94.33 High Stock Price TargetC$106.00 Low Stock Price TargetC$82.00 Potential Upside/Downside+4.6%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)C$6.47 Trailing P/E Ratio13.94 Forward P/E Ratio11.38 P/E Growth0.53Net IncomeC$7.13 billion Net Margins19.74% Pretax MarginN/A Return on Equity18.33% Return on Assets7.12% Debt Debt-to-Equity Ratio33.13 Current Ratio0.91 Quick Ratio0.54 Sales & Book Value Annual SalesC$36.10 billion Price / Sales2.72 Cash FlowC$1.05 per share Price / Cash Flow85.85 Book ValueC$36.45 per share Price / Book2.47Miscellaneous Outstanding Shares1,090,000,000Free FloatN/AMarket CapC$98.30 billion OptionableNot Optionable Beta1.95 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Norman Murray Edwards O.C. (Age 63)Executive Chairman Comp: $12.01MMr. Timothy Shawn McKay (Age 61)President & Director Comp: $6.72MMr. Mark A. Stainthorpe C.F.A. (Age 45)CFO & Senior VP of Finance Comp: $2.22MMr. Scott G. Stauth (Age 57)Chief Operating Officer of Oil Sands Comp: $2.74MTrevor J. Cassidy (Age 49)Chief Operating Officer of Exploration & Production Comp: $1.71MVictor Clinton Darel C.A. (Age 46)CPA, VP of Finance & Principal Accounting Officer Lance J. CassonManager of Investor RelationsBrenda Gayle BalogVP of Legal & General CounselMr. Ronald Keith Laing (Age 53)Senior Vice-President of Corporate Development & Land Mark Anthony Overwater (Age 55)Vice-President of Marketing More ExecutivesKey CompetitorsEnbridgeTSE:ENBSuncor EnergyTSE:SUTC EnergyTSE:TRPCenovus EnergyTSE:CVEImperial OilTSE:IMOView All CompetitorsInsidersTimothy Shawn MckaySold 37,500 sharesTotal: C$3.37 M ($89.95/share)Brenda Gayle BalogSold 10,000 sharesTotal: C$920,000.00 ($92.00/share)Jay Ellery FrocSold 10,000 sharesTotal: C$913,900.00 ($91.39/share)Jay Ellery FrocSold 4,400 sharesTotal: C$395,648.00 ($89.92/share)Jay Ellery FrocSold 5,100 sharesTotal: C$453,645.00 ($88.95/share)View All Insider Transactions CNQ Stock Analysis - Frequently Asked Questions Should I buy or sell Canadian Natural Resources stock right now? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last twelve months. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CNQ shares. View CNQ analyst ratings or view top-rated stocks. What is Canadian Natural Resources' stock price target for 2024? 12 brokers have issued 1 year price objectives for Canadian Natural Resources' stock. Their CNQ share price targets range from C$82.00 to C$106.00. On average, they anticipate the company's share price to reach C$94.33 in the next twelve months. This suggests a possible upside of 4.6% 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 start of the year. Since then, CNQ shares have increased by 19.9% and is now trading at C$90.18. 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, March 7th 2024. View our CNQ earnings forecast. How were Canadian Natural Resources' earnings last quarter? Canadian Natural Resources Limited (TSE:CNQ) released its earnings results on Thursday, November, 2nd. The company reported $2.59 EPS for the quarter, beating the consensus estimate of $2.20 by $0.39. The firm had revenue of $9.90 billion for the quarter, compared to analysts' expectations of $8.79 billion. Canadian Natural Resources had a trailing twelve-month return on equity of 18.33% and a net margin of 19.74%. How often does Canadian Natural Resources pay dividends? What is the dividend yield for Canadian Natural Resources? Canadian Natural Resources announced a quarterly dividend on Thursday, November 2nd. Investors of record on Friday, December 8th will be given a dividend of 1.00 per share on Friday, January 5th. This represents a $4.00 annualized dividend and a dividend yield of 4.44%. The ex-dividend date is Thursday, December 7th. This is an increase from the stock's previous quarterly dividend of C$0.90. 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$4.00 per share and currently has a dividend yield of 4.48%. CNQ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 61.82%. 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). 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. This page (TSE:CNQ) was last updated on 11/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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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