TSE:CNQ Canadian Natural Resources (CNQ) Stock Price, News & Analysis C$47.63 +0.03 (+0.06%) (As of 07/26/2024 ET) Add Compare Share Share Today's RangeC$47.09▼C$47.8350-Day RangeC$46.25▼C$105.6752-Week RangeC$38.90▼C$56.49Volume3.44 million shsAverage Volume11.55 million shsMarket CapitalizationC$50.96 billionP/E Ratio6.98Dividend Yield8.40%Price TargetC$101.44 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Canadian Natural Resources alerts: Email Address Canadian Natural Resources MarketRank™ Stock AnalysisAnalyst RatingHold2.43 Rating ScoreUpside/Downside113.0% UpsideC$101.44 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.16Based on 4 Articles This WeekInsider TradingSelling SharesC$417,729 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.62 out of 5 stars 4.2 Analyst's Opinion Consensus RatingCanadian Natural Resources has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 6 buy ratings, 8 hold ratings, and no sell ratings.Amount of Analyst CoverageCanadian Natural Resources has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Canadian Natural Resources' stock forecast and price target. 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 3.82%, 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 58.65%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Canadian Natural Resources' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CNQ. Previous Next 2.9 News and Social Media Coverage News SentimentCanadian Natural Resources has a news sentiment score of 1.16. 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 0.43 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Canadian Natural Resources this week, compared to 2 articles on an average week.Search InterestOnly 30 people have searched for CNQ on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Canadian Natural Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -44% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canadian Natural Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$417,729.00 in company stock.Percentage Held by InsidersOnly 2.21% of the stock of Canadian Natural Resources is held by insiders.Percentage Held by Institutions79.99% 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.Read more about Canadian Natural Resources' insider trading history. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Natural Resources is 6.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Natural Resources is 6.98, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 205.50.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 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Canadian Natural Resources' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad WealthPressThis TSLA short trade is on a nine win hot streakMost Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.But I can promise that you’ll see all the details for yourself 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 HeadlinesJuly 25 at 3:38 AM | americanbankingnews.comCanadian Natural Resources (CNQ) Scheduled to Post Earnings on ThursdayJuly 23 at 3:04 AM | americanbankingnews.comCanadian Natural Resources Limited (TSE:CNQ) Receives C$101.44 Average PT from BrokeragesJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 19, 2024 | marketwatch.comCanadian Natural Resources Ltd. stock falls Friday, underperforms marketJuly 19, 2024 | americanbankingnews.comCanadian Natural Resources (TSE:CNQ) Lifted to Hold at Wolfe ResearchJuly 17, 2024 | americanbankingnews.comJefferies Financial Group Lowers Canadian Natural Resources (TSE:CNQ) Price Target to C$55.00May 5, 2024 | finance.yahoo.comCanadian Natural Resources (TSE:CNQ) Has Announced A Dividend Of CA$1.05May 2, 2024 | financialpost.comCanadian Natural Resources sees path to hike Horizon oilsands output by 76 per centJuly 26, 2024 | MarketBeat (Ad)We just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.May 2, 2024 | msn.comCanadian Natural Resources declares CAD 1.05 dividendApril 30, 2024 | finance.yahoo.comUPDATE 1-Canada regulator approves final permits for Trans Mountain pipeline expansionApril 29, 2024 | finance.yahoo.comThree Solid Dividend Stocks In Canada With Yields Starting At 3.4%April 24, 2024 | finance.yahoo.comThe Zacks Analyst Blog Highlights Meta Platforms, Elevance Health, Canadian Natural Resources, The Coca-Cola and The ProgressiveApril 23, 2024 | seekingalpha.comCanadian Natural: Resilience And Returns Through The CycleApril 19, 2024 | finance.yahoo.comCanadian Natural Resources (CNQ) Stock Moves -0.36%: What You Should KnowApril 11, 2024 | finance.yahoo.comExploring Secure Energy Services Among Top 3 Canadian Dividend StocksApril 4, 2024 | seekingalpha.comExpanded Trans Mountain system to start operating May 1, surprising analystsApril 2, 2024 | wsj.comCanadian Natural Resources Ltd.See 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 Last Earnings5/02/2024Ex-Dividend for 7/5 Dividend6/17/2024Dividend Payable7/05/2024Today7/26/2024Next Earnings (Confirmed)8/01/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas E&P Sub-IndustryPetroleum And Natural Gas Current SymbolTSE:CNQ CUSIPN/A CIKN/A Webwww.cnrl.com Phone+1-403-5147605FaxN/AEmployees9,740Year FoundedN/APrice Target and Rating Average Stock Price TargetC$101.44 High Stock Price TargetC$126.00 Low Stock Price TargetC$49.00 Potential Upside/Downside+113.6%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)C$6.82 Trailing P/E Ratio6.96 Forward P/E Ratio6.92 P/E Growth0.53Net IncomeC$7.42 billion Net Margins20.86% Pretax MarginN/A Return on Equity19.01% Return on Assets8.07% Debt Debt-to-Equity Ratio31.83 Current Ratio0.88 Quick Ratio0.54 Sales & Book Value Annual SalesC$35.58 billion Price / Sales1.43 Cash FlowC$0.55 per share Price / Cash Flow85.85 Book ValueC$36.92 per share Price / Book1.29Miscellaneous Outstanding Shares1,070,000,000Free FloatN/AMarket CapC$50.80 billion OptionableNot Optionable Beta1.97 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Norman Murray Edwards O.C. (Age 64)Executive Chairman Comp: $11.62MMr. Scott G. Stauth (Age 58)President & Director Comp: $3.8MMr. Mark A. Stainthorpe C.F.A. (Age 46)CFO & Senior VP of Finance Comp: $2.57MRobin Sean Zabek (Age 52)Chief Operating Officer of Exploration & Production Comp: $1.29MVictor Clinton Darel C.A. (Age 42)CPA, Senior VP of Finance & Principal Accounting Officer Lance J. CassonManager of Investor RelationsBrenda Gayle BalogVP of Legal & General CounselMr. Ronald Keith Laing (Age 54)Senior Vice-President of Corporate Development & Land Mark Anthony Overwater (Age 56)Vice-President of Marketing Dean W. Halewich (Age 56)Senior Vice-President of Safety, Risk Management & Innovation More ExecutivesKey CompetitorsParamount ResourcesTSE:POUSandstorm GoldTSE:SSLAdvantage EnergyTSE:AAVObsidian EnergyTSE:OBECEMATRIXCVE:CVXView All CompetitorsInsidersDevin Craig LoweSold 3,750 sharesTotal: C$181,612.50 ($48.43/share)Victor Clinton DarelSold 2,252 sharesTotal: C$236,012.98 ($104.80/share)Roy Douglas RothSold 1 sharesTotal: C$103.75 ($103.75/share)Warren Paul RaczynskiSold 3,000 sharesTotal: C$332,430.00 ($110.81/share)Erin Louise LunnSold 3,664 sharesTotal: C$130,419.35 ($35.59/share)View All Insider Transactions Should I Buy Canadian Natural Resources Stock? CNQ Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Canadian Natural Resources Limited: Canadian Natural Resources Limited has consistently shown a strong return on equity of 19.01%, indicating efficient use of shareholder funds to generate profits. The company offers a competitive dividend yield of 8.68%, providing investors with a steady income stream. Recent insider buying activities, such as Director Stephen W. Laut acquiring shares, can signal confidence in the company's future performance. Despite missing analysts' EPS estimates by C($0.03), the company's revenue of C$8.24 billion for the quarter exceeded consensus estimates, showcasing strong financial performance. Canadian Natural Resources Limited engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids, aligning with the demand for energy resources in the market. Cons Investors should be bearish about investing in Canadian Natural Resources Limited for these reasons: Insider selling activities, with Senior Officer Devin Craig Lowe selling shares, may raise concerns about the company's future prospects. The dividend payout ratio of 58.65% indicates that a significant portion of the company's earnings is being distributed as dividends, potentially limiting reinvestment for growth. Recent EPS miss compared to analysts' estimates by C($0.03) could suggest potential challenges in meeting market expectations. Senior Officer Erin Louise Lunn and Senior Officer Scott Gerald Stauth selling significant amounts of company stock may raise questions about their confidence in the company's future performance. While the company has a strong net margin of 20.86%, investors should consider the impact of market volatility on the energy sector on the company's profitability. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 30, 2024. Please send any questions or comments about these Canadian Natural Resources pros and cons to contact@marketbeat.com. CNQ Stock Analysis - Frequently Asked Questions How have CNQ shares performed this year? Canadian Natural Resources' stock was trading at C$86.81 at the beginning of the year. Since then, CNQ stock has decreased by 45.1% and is now trading at C$47.63. View the best growth stocks for 2024 here. How were Canadian Natural Resources' earnings last quarter? Canadian Natural Resources Limited (TSE:CNQ) posted its earnings results on Thursday, May, 2nd. The company reported $1.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.40 by $0.03. The business earned $8.24 billion during the quarter, compared to the consensus estimate of $8.17 billion. Canadian Natural Resources had a net margin of 20.86% and a trailing twelve-month return on equity of 19.01%. 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 other stocks do shareholders of Canadian Natural Resources own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Air Canada (AC). This page (TSE:CNQ) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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