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Canadian Natural Resources Ltd (CNQ)

NYSE
Currency in USD
32.35
-0.90(-2.69%)
Real-time Data
CNQ Scorecard
Full Analysis
4 analysts have revised their earnings upwards for the upcoming period
High dividend Yield
Fair Value
Day's Range
32.1533.00
52 wk Range
29.4641.29
Key Statistics
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Prev. Close
33.25
Open
33
Day's Range
32.15-33
52 wk Range
29.46-41.29
Volume
987.31K
Average Volume (3m)
4.56M
1-Year Change
6.23%
Book Value / Share
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Fair Value
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Fair Value Upside
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CNQ Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
56.28
Upside
+22.94%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high P/E ratio relative to near-term earnings growth
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Canadian Natural Resources Ltd Company Profile

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.

Industry
Oil & Gas
Sector
Energy
Employees
10272
Market
Canada
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Canadian Natural Resources Ltd Earnings Call Summary for Q4/2024

  • Q3 production averaged 1.363M BOE/day; oil sands mining hit record monthly output; Chevron asset acquisition to add 62,500 bpd
  • Adjusted funds flow: CAD 3.9B; Adjusted net earnings: CAD 2.1B; Net debt: CAD 9.3B; Liquidity: ~CAD 6.2B
  • Quarterly dividend to increase 7% to CAD 56.25/share; CAD 1.9B returned to shareholders via dividends and buybacks
  • Management focuses on capital efficiency, cost optimization amid lower commodity prices; advancing thermal and tissue projects
  • Strategic basin egress expansions planned to enhance market stability and improve heavy oil netbacks
Last Updated: 31/10/2024, 21:58
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Compare CNQ to Peers and Sector

Metrics to compare
CNQ
Peers
Sector
Relationship
P/E Ratio
12.7x14.0x4.7x
PEG Ratio
1.29−0.180.00
Price/Book
2.4x1.8x1.1x
Price / LTM Sales
2.7x1.7x1.1x
Upside (Analyst Target)
22.1%30.2%29.9%
Fair Value Upside
Unlock18.4%9.1%Unlock

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 3.55
Dividend Yield
4.78%
Industry Median 3.99%
Annualised payout
1.5901
Paid quarterly
5-Years Growth
-
Growth Streak

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FAQ

What Is the Canadian Natural (CNQ) Stock Price Today?

The Canadian Natural stock price today is 32.35

What Stock Exchange Does Canadian Natural Trade On?

Canadian Natural is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Canadian Natural?

The stock symbol for Canadian Natural is "CNQ."

Does Canadian Natural Pay Dividends? What’s The Current Dividend Yield?

The Canadian Natural Resources Ltd dividend yield is 4.83%.

What Is the Canadian Natural Market Cap?

As of today, Canadian Natural market cap is 68.23B.

What is Canadian Natural Earnings Per Share?

The Canadian Natural EPS is 3.55.

What Is the Next Canadian Natural Earnings Date?

Canadian Natural will release its next earnings report on 27 Feb 2025.

From a Technical Analysis Perspective, Is CNQ a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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