TSE:CNQCanadian Natural Resources Stock Price, Forecast & News

Canadian Natural Resources' stock was trading at C$20.76 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CNQ shares have increased by 15.3% and is now trading at C$23.93. View which stocks have been most impacted by Coronavirus.

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, 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Canadian Natural Resources.

Canadian Natural Resources is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Canadian Natural Resources.

Canadian Natural Resources Ltd (TSE:CNQ) posted its quarterly earnings results on Thursday, May, 7th. The company reported ($0.43) EPS for the quarter, missing the consensus estimate of ($0.14) by $0.29. The firm had revenue of $4.50 billion for the quarter, compared to analysts' expectations of $4.93 billion. View Canadian Natural Resources' earnings history.

Canadian Natural Resources announced a quarterly dividend on Thursday, May 7th. Shareholders of record on Friday, June 12th will be paid a dividend of 0.425 per share on Wednesday, July 1st. This represents a $1.70 annualized dividend and a dividend yield of 7.10%. The ex-dividend date of this dividend is Thursday, June 11th. This is a boost from Canadian Natural Resources's previous quarterly dividend of C$0.38. View Canadian Natural Resources' dividend history.

14 brokers have issued twelve-month target prices for Canadian Natural Resources' shares. Their forecasts range from C$14.00 to C$50.00. On average, they anticipate Canadian Natural Resources' stock price to reach C$31.68 in the next year. This suggests a possible upside of 32.4% from the stock's current price. View analysts' price targets for Canadian Natural Resources.

Media headlines about CNQ stock have been trending extremely negative recently, InfoTrie reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 -4.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the company's share price in the near future. View the latest news about Canadian Natural Resources.

Some companies that are related to Canadian Natural Resources include Woodside Petroleum (WPL), Santos (STO), Return Energy (RTN), Encana (OVV), Tourmaline Oil (TOU), Raging River Exploration (RRX), Seven Generations Energy (VII), Whitecap Resources (WCP), Energean Oil & Gas (ENOG), Canacol Energy (CNE), Diversified Gas & Oil (DGOC), Kosmos Energy (KOS), Canacol Energy (CNNEF), Kina Petroleum (KPE) and Tullow Oil (TLW). View all competitors.

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

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

Shares of CNQ and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

One share of CNQ stock can currently be purchased for approximately C$23.93.

Canadian Natural Resources has a market capitalization of C$28.26 billion and generates C$22.12 billion in revenue each year.

The official website for Canadian Natural Resources is www.cnrl.com.

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