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Is This The End of Capitalism? (Ad)
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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Trustees picked by DeSantis may change progressive college
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Elon Musk's mysterious ways on display in Tesla tweet trial
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Trustees picked by DeSantis may change progressive college
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Elon Musk's mysterious ways on display in Tesla tweet trial
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Trustees picked by DeSantis may change progressive college
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Elon Musk's mysterious ways on display in Tesla tweet trial
TSE:CNQ

Canadian Natural Resources - CNQ Stock Forecast, Price & News

C$82.75
+1.67 (+2.06%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
C$81.00
▼
C$82.89
50-Day Range
C$70.47
▼
C$82.75
52-Week Range
C$58.75
▼
C$88.18
Volume
4.30 million shs
Average Volume
4.48 million shs
Market Capitalization
C$91.61 billion
P/E Ratio
8.07
Dividend Yield
4.19%
Price Target
C$89.20

Canadian Natural Resources MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
7.8% Upside
C$89.20 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.07mentions of Canadian Natural Resources in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
C$43.03 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

See Top Rated MarketRank™ Stocks Here

CNQ stock logo

About Canadian Natural Resources (TSE:CNQ) Stock

Canadian 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.

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CNQ Stock News Headlines

January 28, 2023 | americanbankingnews.com
Norman Murray Edwards Sells 200,000 Shares of Canadian Natural Resources Limited (TSE:CNQ) Stock
January 26, 2023 | americanbankingnews.com
Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Sells C$1,627,600.00 in Stock
January 29, 2023 | Porter & Company (Ad)
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
January 25, 2023 | americanbankingnews.com
Canadian Natural Resources Limited Forecasted to Earn Q4 2022 Earnings of $2.48 Per Share (TSE:CNQ)
January 25, 2023 | americanbankingnews.com
Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Sells C$1,134,700.00 in Stock
January 23, 2023 | theglobeandmail.com
Canadian Natural Res: Top 10 Undervalued Large Cap Stocks on TSX (CNQ)
January 22, 2023 | americanbankingnews.com
Analysts Set Canadian Natural Resources Limited (TSE:CNQ) Price Target at C$89.20
January 19, 2023 | msn.com
Canadian Natural Resources Limited (CNQ) Is a Trending Stock: Facts to Know Before Betting on It
January 29, 2023 | Porter & Company (Ad)
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
December 28, 2022 | finance.yahoo.com
Implied Volatility Surging for Canadian Natural Resource (CNQ) Stock Options
November 30, 2022 | theglobeandmail.com
Canadian Natural Resources plans $5.2 billion in capital spending in 2023
November 30, 2022 | seekingalpha.com
Canadian Natural Resources sees higher production, capex in 2023
November 30, 2022 | theglobeandmail.com
Canadian Natural Resources forecasts increased production in 2023 as it seeks to capitalize on higher prices
November 30, 2022 | finance.yahoo.com
Canadian Natural Resources Limited Announces 2023 Budget and New GHG Emissions Reduction Target
November 30, 2022 | ca.finance.yahoo.com
Canadian Natural forecasts higher 2023 production, sets new emission goals
November 30, 2022 | finance.yahoo.com
UPDATE 2-Canadian Natural forecasts higher 2023 production, sets new emission goals
November 25, 2022 | seekingalpha.com
Canadian Natural Resources: Getting Increasing Dividends
November 4, 2022 | baystreet.ca
Canadian Natural Resources Hikes Dividend 13% On Strong Q3 Earnings
November 3, 2022 | msn.com
Canadian Natural Resources: Q3 Earnings Insights
November 3, 2022 | seekingalpha.com
Canadian Natural Resources Limited (CNQ) Q3 2022 Earnings Call Transcript
November 3, 2022 | nasdaq.com
Canadian Natural Resources quarterly profit rises
November 3, 2022 | markets.businessinsider.com
Canadian Natural Resources Limited Announces 2022 Third Quarter Results
November 3, 2022 | markets.businessinsider.com
Canadian Natural Resources Q3 Profit Rises, Tops Estimates; Lifts Dividend
November 2, 2022 | finance.yahoo.com
Is a Surprise Coming for Canadian Natural (CNQ) This Earnings Season?
November 1, 2022 | finance.yahoo.com
Zacks Industry Outlook Highlights Canadian Natural Resources, Ovinti and Enerplus
October 26, 2022 | finance.yahoo.com
Go With the Bullish Flow in Canadian Natural Resources
October 25, 2022 | seekingalpha.com
Canadian Natural Resources: Don't Buy Here And Risk Getting Trapped
See More Headlines
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CNQ Company Calendar

Last Earnings
11/03/2022
Today
1/29/2023
Next Earnings (Estimated)
3/02/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Oil & Gas E & P
Sub-Industry
N/A
Sector
Oils/Energy
Current Symbol
TSE:CNQ
CUSIP
N/A
CIK
N/A
Web
www.cnrl.com
Phone
+1-403-5147605
Fax
N/A
Employees
9,735
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$89.20
High Stock Price Forecast
C$105.00
Low Stock Price Forecast
C$57.00
Forecasted Upside/Downside
+7.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
12 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
8.07
Forward P/E Ratio
8.38
P/E Growth
0.53
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
37.96
Current Ratio
0.78
Quick Ratio
0.54

Sales & Book Value

Annual Sales
C$41.82 billion
Price / Sales
2.19
Cash Flow
C$0.96 per share
Price / Cash Flow
85.85
Book Value
C$34.38 per share
Price / Book
2.41

Miscellaneous

Outstanding Shares
1,107,031,000
Free Float
N/A
Market Cap
C$91.61 billion
Optionable
Optionable
Beta
N/A

Key Executives

  • Mr. Norman Murray Edwards O.C. (Age 63)
    Exec. Chairman
    Comp: $12.47M
  • Mr. Timothy Shawn McKay (Age 61)
    Pres & Director
    Comp: $7.14M
  • Mr. Mark A. Stainthorpe C.F.A. (Age 45)
    CFO & Sr. VP of Fin.
    Comp: $2.19M
  • Mr. Scott G. Stauth (Age 57)
    Chief Operating Officer of Oil Sands
    Comp: $2.89M
  • Mr. Darren M. Fichter (Age 52)
    Chief Operating Officer of Exploration & Production
    Comp: $2.36M
  • Mr. 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. Casson
    Mang. of Investor Relations
  • Paul M. Mendes (Age 57)
    VP of Legal, Gen. Counsel & Corp. Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions













CNQ Stock - Frequently Asked Questions

Should I buy or sell Canadian Natural Resources stock right now?

12 Wall Street research 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 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?

12 equities research analysts have issued 12-month target prices for Canadian Natural Resources' stock. Their CNQ share price forecasts range from C$57.00 to C$105.00. On average, they expect the company's share price to reach C$89.20 in the next year. This suggests a possible upside of 7.8% 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 on January 1st, 2023. Since then, CNQ stock has increased by 10.1% and is now trading at C$82.75.
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 2nd 2023.
View our CNQ earnings forecast.

How were Canadian Natural Resources' earnings last quarter?

Canadian Natural Resources Limited (TSE:CNQ) posted its earnings results on Thursday, November, 3rd. The company reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.80 by $0.29. The company had revenue of $10.46 billion for the quarter, compared to analysts' expectations of $10.48 billion.

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, May 5th. Shareholders of record on Friday, June 17th will be paid a dividend of 0.75 per share on Tuesday, July 5th. This represents a $3.00 annualized dividend and a dividend yield of 3.63%. The ex-dividend date of this dividend is Thursday, June 16th.
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$2.84 per share and currently has a dividend yield of 4.19%. CNQ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 27.66%. 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$82.75.

How much money does Canadian Natural Resources make?

Canadian Natural Resources (TSE:CNQ) has a market capitalization of C$91.61 billion and generates C$41.82 billion in revenue each year.

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 1/29/2023 by MarketBeat.com Staff