TSE:CNQCanadian Natural Resources Stock Price, Forecast & News

Canadian Natural Resources' stock was trading at C$20.76 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CNQ stock has increased by 15.9% and is now trading at C$24.06. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last year. There are currently 1 sell rating, 4 hold ratings and 7 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) issued its quarterly earnings data on Thursday, May, 7th. The company reported ($0.43) earnings per share for the quarter, missing analysts' consensus estimates of ($0.14) by $0.29. The firm earned $4.50 billion during the quarter, compared to the consensus estimate of $4.93 billion. View Canadian Natural Resources' earnings history.

Canadian Natural Resources declared 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 dividend on an annualized basis and a yield of 7.07%. The ex-dividend date is Thursday, June 11th. This is a positive change from Canadian Natural Resources's previous quarterly dividend of C$0.38. View Canadian Natural Resources' dividend history.

12 Wall Street analysts have issued 12 month price objectives for Canadian Natural Resources' stock. Their forecasts range from C$14.00 to C$50.00. On average, they anticipate Canadian Natural Resources' stock price to reach C$31.21 in the next year. This suggests a possible upside of 29.7% from the stock's current price. View analysts' price targets for Canadian Natural Resources.

News headlines about CNQ stock have trended somewhat negative this week, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Canadian Natural Resources earned a news impact score of -1.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate 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), Energean Oil & Gas (ENOG), Seven Generations Energy (VII), Whitecap Resources (WCP), Canacol Energy (CNE), Diversified Gas & Oil (DGOC), Kosmos Energy (KOS), Premier Oil (PMO), Tullow Oil (TLW) and Canacol Energy (CNNEF). 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$24.06.

Canadian Natural Resources has a market capitalization of C$28.41 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.