TSE:CNQ

Canadian Natural Resources Stock Forecast, Price & News

C$36.74

+0.36 (+0.99 %)

(As of 02/24/2021 03:45 PM ET)

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Today's Range

C$35.64

Now: C$36.74▼

C$37.79

50-Day Range

C$28.89

MA: C$32.53▼

C$36.15

52-Week Range

C$9.80

Now: C$36.74▼

C$38.30

Volume3.86 million shs

Average Volume4.35 million shs

Market CapitalizationC$43.39 billion

P/E RatioN/A

Dividend Yield4.67%

BetaN/A

Canadian Natural Resources Limited explores for, develops, produces, and markets 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 assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2019, the company had gross proved crude oil, bitumen, SCO, and NGLs reserves totaled 9,917 million barrels; gross proved plus probable crude oil, bitumen, SCO, and NGLs reserves totaled 12,651 million barrels; proved natural gas reserves totaled 6,460 billion cubic feet; and gross proved plus probable natural gas reserves totaled 9,607 billion cubic feet. 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.

Headlines

Pembina Pipeline (PBA) to Restart Work on Two Delayed Projects
December 21, 2020 | finance.yahoo.com

Is CNQ A Good Stock To Buy According To Hedge Funds?
December 21, 2020 | finance.yahoo.com

Canadian Natural Resources (CNQ) Upgraded to Buy: Here's Why
December 17, 2020 | finance.yahoo.com

An Intrinsic Calculation For Canadian Natural Resources Limited (TSE:CNQ) Suggests It's 36% Undervalued
December 14, 2020 | finance.yahoo.com

Ex-Dividend Date Insight: Canadian Natural Res
December 7, 2020 | finance.yahoo.com

Billionaire Murray Edwards Aids Financing in Small Oil Driller
December 7, 2020 | finance.yahoo.com

Canadian Natural Resources Ltd (CNQ) Q3 2020 Earnings Call Transcript
November 6, 2020 | fool.com

EARNINGS- Canadian Natural Resources profit plunges 89% in third quarter
November 5, 2020 | nasdaq.com

Recap: Canadian Natural Res Q3 Earnings
November 5, 2020 | finance.yahoo.com

EARNINGS- Canadian Natural Resources posts surprise profit on cost savings
November 5, 2020 | nasdaq.com

Canadian Natural Resources Q3 Profit Tops Estimates - Quick Facts
November 5, 2020 | nasdaq.com

Canadian Natural Resources profit plunges 89% in third quarter
November 5, 2020 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE

Industry Oil & Gas E&P

Sub-IndustryN/A

SectorEnergy

Current SymbolTSE:CNQ

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.cnrl.com

Phone+1-403-5147605

Employees10,180

Year FoundedN/A

Debt

Debt-to-Equity Ratio73.09

Current Ratio0.97

Quick Ratio0.57

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio31.14

P/E Growth3.16

Sales & Book Value

Annual SalesC$17.78 billion

Price / Sales2.44

Cash FlowC$0.40 per share

Price / Cash Flow92.54

Book ValueC$27.24 per share

Price / Book1.35

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares1,181,058,000

Market CapC$43.39 billion

Next Earnings Date3/4/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.25 out of 5 stars

2.4 Analyst's Opinion

Consensus Rating
Canadian Natural Resources has received a consensus rating of Buy. The company's average rating score is 2.79, and is based on 11 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$36.93, Canadian Natural Resources has a forecasted upside of 0.6% from its current price of C$36.71.
Amount of Analyst Coverage
Canadian Natural Resources has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.2 Community Rank

Outperform Votes
Canadian Natural Resources has received 638 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Canadian Natural Resources has received 825 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Canadian Natural Resources has received 56.39% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Canadian Natural Resources and other stocks. Vote “Outperform” if you believe CNQ will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CNQ will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Canadian Natural Resources is a leading dividend payer. It pays a dividend yield of 4.67%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Canadian Natural Resources does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canadian Natural Resources insiders have sold 710.54% more of their company's stock than they have bought. Specifically, they have bought C$764,991.00 in company stock and sold C$6,200,524.00 in company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian Natural Resources is -74.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian Natural Resources is -74.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Canadian Natural Resources has a PEG Ratio of 3.16. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Canadian Natural Resources has a P/B Ratio of 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

C$36.74

+0.36 (+0.99 %)

(As of 02/24/2021 03:45 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Canadian Natural Resources (TSE:CNQ) Frequently Asked Questions

Is Canadian Natural Resources a buy right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last year. There are currently 3 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Canadian Natural Resources stock.
View analyst ratings for Canadian Natural Resources or view top-rated stocks.

What stocks does MarketBeat like better than Canadian Natural Resources?

Wall Street analysts have given Canadian Natural Resources a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Canadian Natural Resources wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Canadian Natural Resources' next earnings date?

Canadian Natural Resources is scheduled to release its next quarterly earnings announcement on Thursday, March 4th 2021.
View our earnings forecast for Canadian Natural Resources.

How has Canadian Natural Resources' stock been impacted by COVID-19 (Coronavirus)?

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 76.8% and is now trading at C$36.70.
View which stocks have been most impacted by COVID-19.

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, November 5th. Investors of record on Wednesday, December 9th will be given a dividend of 0.425 per share on Tuesday, January 5th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date of this dividend is Tuesday, December 8th.
View Canadian Natural Resources' dividend history.

Is Canadian Natural Resources a good dividend stock?

Canadian Natural Resources pays an annual dividend of C$1.65 per share and currently has a dividend yield of 4.67%. CNQ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Canadian Natural Resources' dividend history.

What price target have analysts set for CNQ?

14 analysts have issued twelve-month price objectives for Canadian Natural Resources' stock. Their forecasts range from C$20.00 to C$50.00. On average, they expect Canadian Natural Resources' stock price to reach C$36.93 in the next twelve months. This suggests a possible upside of 0.6% from the stock's current price.
View analysts' price targets for Canadian Natural Resources or view top-rated stocks among Wall Street analysts.

Who are Canadian Natural Resources' key executives?

Canadian Natural Resources' management team includes the following people:

Mr. Norman Murray Edwards O.C., Exec. Chairman (Age 61, Pay $10.77M)
Mr. Timothy Shawn McKay, Pres & Director (Age 59, Pay $6.74M)
Mr. Mark A. Stainthorpe C.F.A., CFO & Sr. VP of Fin. (Age 43, Pay $1.41M)
Mr. Scott G. Stauth, Chief Operating Officer of Oil Sands (Age 55, Pay $2.58M)
Mr. Corey B. Bieber C.A., CA, Exec. Advisor (Age 57, Pay $956.04k)
Mr. Ronald Dae Jung Kim C.A., Principal Accounting Officer & VP of Fin.
Mr. Joy P. Romero, Vice-Pres of Technology & Innovation (Age 64)
Mr. Stephen C. Suche, Vice-Pres of Information & Corp. Services (Age 61)
Paul M. Mendes, VP of Legal, Gen. Counsel & Corp. Sec. (Age 55)

Who are some of Canadian Natural Resources' key competitors?

Some companies that are related to Canadian Natural Resources include Oasis Petroleum (OAS), Ovintiv (OVV), Return Energy (RTN), Tourmaline Oil (TOU), Seven Generations Energy Ltd. (VII.TO) (VII), Whitecap Resources (WCP), Zargon Oil & Gas (ZAR), Energean (ENOG), Raging River Exploration (RRX), Whiting Petroleum (WLL), Peyto Exploration & Development (PEY), Diversified Gas & Oil PLC (DGOC.L) (DGOC), Freehold Royalties (FRU), Kosmos Energy (KOS) and TORC Oil & Gas Ltd. (TOG.TO) (TOG).
View all of CNQ's competitors.

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 Inc. (SU.TO) (SU), The Bank of Nova Scotia (BNS.TO) (BNS), The Toronto-Dominion Bank (TD.TO) (TD), Air Canada (AC.TO) (AC), Alimentation Couche-Tard (ATD.B), Vermilion Energy Inc. (VET.TO) (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 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$36.70.

How much money does Canadian Natural Resources make?

Canadian Natural Resources has a market capitalization of C$43.34 billion and generates C$17.78 billion in revenue each year.

How many employees does Canadian Natural Resources have?

Canadian Natural Resources employs 10,180 workers across the globe.

What is Canadian Natural Resources' official website?

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

Where are Canadian Natural Resources' headquarters?

Canadian Natural Resources is headquartered at 2100, 855-2 Street Sw, CALGARY, AB T2P 4J8, Canada.

How can I contact Canadian Natural Resources?

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.

This page was last updated on 2/24/2021 by MarketBeat.com Staff

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