Canadian Natural Resources Limited (CNQ)
| Market Cap | 81.25B |
| Revenue (ttm) | 26.16B |
| Net Income (ttm) | 5.46B |
| Shares Out | 1.07B |
| EPS (ttm) | 4.95 |
| PE Ratio | 15.32 |
| Forward PE | 9.12 |
| Dividend | $3.07 (4.04%) |
| Ex-Dividend Date | Jun 17, 2024 |
| Volume | 1,674,267 |
| Open | 76.50 |
| Previous Close | 76.41 |
| Day's Range | 75.54 - 76.83 |
| 52-Week Range | 52.66 - 82.58 |
| Beta | 1.97 |
| Analysts | Hold |
| Price Target | 93.40 (+23.11%) |
| Earnings Date | May 2, 2024 |
About CNQ
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 Afr... [Read more]
Financial Performance
In 2023, CNQ's revenue was 35.97 billion, a decrease of -14.97% compared to the previous year's 42.30 billion. Earnings were 8.23 billion, a decrease of -24.72%.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for CNQ stock is "Hold." The 12-month stock price forecast is $93.4, which is an increase of 23.11% from the latest price.
News
These stocks could see ‘immense' profits as Canada's economy sinks, says veteran trader
The meme-stock trade is alive and kicking, while the rest of the market stews ahead of Wednesday's inflation data.
Canadian Natural Resources Limited Reports Voting Results at Annual and Special Meeting
Calgary, Alberta--(Newsfile Corp. - May 3, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) held its Annual and Special Meeting of Shareholders on May 2, 2024. The result of the vote ...
US stands to lose Canadian natural gas when LNG Canada terminal starts up
The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand fo...
Canadian Natural Resources Limited Announces Further Details Regarding Share Split
Calgary, Alberta--(Newsfile Corp. - May 3, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural") announced today that it has set June 3, 2024 as the record date (the "...
Canadian Natural Resources misses first-quarter profit estimates
Canada's largest oil and gas producer Canadian Natural Resources missed Wall Street estimates for first-quarter profit on Thursday, hurt by lower production.
Canadian Natural Resources Limited Announces Quarterly Dividend
Calgary, Alberta--(Newsfile Corp. - May 2, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors has declared a quarterly cash dividend on its common ...
Canadian Natural Resources Limited Announces 2024 First Quarter Results
Calgary, Alberta--(Newsfile Corp. - May 2, 2024) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's first quarter results, "Canadian Natural is a world cla...
Constructive on Canadian oil complex as oil demand peak hits next decade, says Goldman's Mehta
Neil Mehta, Goldman Sachs managing director, joins 'Money Movers' to discuss his thoughts on the oil sector, the major oil companies, and more.
Canadian Natural Resources Limited Announces Normal Course Issuer Bid
Calgary, Alberta--(Newsfile Corp. - March 8, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural") announced today that the Toronto Stock Exchange ("TSX") has accepted...
Canadian Natural Resources Limited Announces 2023 Fourth Quarter and Year End Results
Calgary, Alberta--(Newsfile Corp. - February 29, 2024) - Highlighting a successful 2023, Canadian Natural's (TSX: CNQ) (NYSE: CNQ) Chief Financial Officer, Mark Stainthorpe, stated "Through the Compan...
Canadian Natural Resources Limited Announces 2024 Budget
Calgary, Alberta--(Newsfile Corp. - December 14, 2023) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Tim McKay, commented on the Company's 2024 budget, "Our teams remain focused on safe, reli...
Canadian Natural Resources Limited Announces 2023 Third Quarter Results
Calgary, Alberta--(Newsfile Corp. - November 2, 2023) - Commenting on the Company's (TSX: CNQ) (NYSE: CNQ) third quarter 2023 results, Tim McKay, President, stated, "Our quarterly results demonstrate ...
Final Trades: Microsoft, Canadian Natural Resources & more
The "Halftime Report" traders give their top picks to watch for the second half.
Canadian Natural expects Trans Mountain expansion project to be delayed -letter
Canadian Natural Resources Ltd , a major shipper on the Trans Mountain oil pipeline expansion (TMX), expects the project will be delayed until at least the second quarter of 2024, the company said in ...
Canadian Natural Q2 profit more than halves on lower energy prices
Canadian Natural Resources Ltd on Thursday posted a second-quarter profit that more than halved, as lower energy prices and drop in oil production squeezed the country's largest oil and gas producer.
Canadian Natural Resources Limited Announces 2023 Second Quarter Results
Calgary, Alberta--(Newsfile Corp. - August 3, 2023) - Commenting on the Company's (TSX: CNQ) (NYSE: CNQ) second quarter 2023 results, Tim McKay, President, stated, "Canadian Natural's Q2/23 results de...
Canadian oil sands output expected to reach 3.7 mln bpd by 2030 - S&P Global
Canadian oil sands production is expected to reach 3.7 million barrels per day by 2030, S&P Global said on Thursday, raising the analytics firm's 2030 production outlook for the country for the first ...
Canadian Natural Resources Limited Reports Voting Results at Annual Meeting
Calgary, Alberta--(Newsfile Corp. - May 5, 2023) - Canadian Natural (TSX: CNQ) (NYSE: CNQ) held its Annual Meeting of the Shareholders on May 4, 2023. The result of the vote by shareholders for each r...
Canadian Natural Resources Limited Announces 2023 First Quarter Results
Calgary, Alberta--(Newsfile Corp. - May 4, 2023) - Commenting on the Company's first quarter 2023 results, Tim McKay, President of Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ), stated, "C...
Canadian Natural Resources Limited Announces 2022 Fourth Quarter and Year End Results
Calgary, Alberta--(Newsfile Corp. - March 2, 2023) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Tim McKay, commented on the Company's 2022 results, "In 2022, we demonstrated the strength of ...
2 “Recession-Resistant” Dividends Built For 2023
Look, we're probably going to see a recession in 2023. And if you're like most folks, you're wondering how to respond.
Saperstein's Top Stocks For 2023: Microsoft, Lockheed Martin And This 'Unbelievable' Energy Name Up 30% For The Year - Microsoft (NASDAQ:MSFT)
Treasury Partners' Richard Saperstein is out with his three best ideas for 2023. A pair of his top picks are up more than 30% year-to-date despite the market being on track to log its worst year since...
20 big oil companies expected to be cash gushers in 2023 despite short-term uncertainty
The energy sector of the S&P 500 has been the year's best performer, yet oil stocks still appear to be inexpensive when compared with those in other industries.
Canadian Natural Resources Limited Announces 2023 Budget and New GHG Emissions Reduction Target
Calgary, Alberta--(Newsfile Corp. - November 30, 2022) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Tim McKay, commented on the Company's 2023 Budget, "Our dedicated teams are focused on saf...
Canadian Natural hikes dividend after profit beat on higher crude prices
Canadian Natural Resources Ltd raised its dividend by 13% on Thursday after beating analysts' estimates for quarterly profit on the back of higher crude prices.