Canadian Natural Resources Limited (TSX: CNQ)

Canada flag Canada · Delayed Price · Currency is CAD
49.28
+0.55 (1.13%)
Jul 2, 2024, 4:00 PM EDT
31.62%
Market Cap 105.20B
Revenue (ttm) 38.41B
Net Income (ttm) 7.42B
Shares Out 2.13B
EPS (ttm) 3.42
PE Ratio 14.41
Forward PE 14.33
Dividend 2.00 (4.06%)
Ex-Dividend Date Jun 17, 2024
Volume 10,600,002
Open 49.70
Previous Close 48.73
Day's Range n/a
52-Week Range 35.81 - 56.50
Beta 1.95
Analysts n/a
Price Target 55.16 (+11.93%)
Earnings Date Aug 1, 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]

Industry Oil & Gas E&P
Sector Energy
CEO Mr. Norman Murray Edwards O.C.
Employees 10,035
Stock Exchange Toronto Stock Exchange
Ticker Symbol CNQ
Full Company Profile

Financial Performance

In 2023, CNQ's revenue was 35.97 billion, a decrease of -27.38% compared to the previous year's 49.53 billion. Earnings were 8.23 billion, a decrease of -24.72%.

Financial Statements

News

Quality Concerns Could Hurt Demand for Trans Mountain Crude on US West Coast

Some U.S. West Coast refiners have flagged concerns about the high sulfur and acidity content and high vapor pressure of the initial crude flows through the expanded Trans Mountain pipeline in Canada,...

20 days ago - OilPrice com

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.

7 weeks ago - Market Watch

Trans Mountain Pushed to Alter Specifications to Help Oil Value

Oil companies including Chevron Corp., Canadian Natural Resources Ltd. and Suncor Energy Inc. are pressing the operators of the expanded Trans Mountain pipeline to change certain key specifications to...

7 weeks ago - BNN Bloomberg

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 ...

2 months ago - Newsfile Corp

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...

2 months ago - Reuters

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 "...

2 months ago - Newsfile Corp

Canadian Natural Resources aiming to boost Horizon oilsands output by 76%

Canadian Natural Resources Ltd. says it believes the output of its Horizon oilsands mine could be increased by 195,000 barrels per day of synthetic crude oil, a 76 per cent hike from the mine's curren...

2 months ago - CBC News

Canadian Natural considering major expansion of Horizon oil sands mine, CEO says

Canadian Natural Resources (CNQ) reports Q1 adjusted earnings of C$1.37/share, missing consensus; company is considering a major expansion of its Horizon plant in Alberta.

2 months ago - Seeking Alpha

Canadian Natural Resources Misses Q1 Earnings Expectations

Canadian Natural Resources (NYSE: CNQ), the top oil and gas producer in Canada, reported lower-than-expected earnings for the first quarter, dragged down by weaker prices for synthetic crude oil and n...

2 months ago - OilPrice com

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.

2 months ago - Reuters

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 ...

2 months ago - Newsfile Corp

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...

2 months ago - Newsfile Corp

Canadian Natural: Resilience And Returns Through The Cycle

Canadian Natural has led its US peers in cash returns on assets and achieved a 2x higher Capex-FCF conversion. Find out if CNQ stock is a buy.

2 months ago - Seeking Alpha

$100 Invested In Canadian Natural Res 5 Years Ago Would Be Worth This Much Today

Canadian Natural Res (NYSE: CNQ) has outperformed the market over the past 5 years by 9.28% on an annualized basis producing an average annual return of 21.67%. Currently, Canadian Natural Res has a ...

3 months ago - Benzinga

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.

3 months ago - CNBC Television

Canadian Natural Resources: Fully Priced, Good Time To Consider Switching

After the stock run-up, Canadian Natural Resources became one of the few fully priced names in Canadian O&G space. Read more to see my analysis on CNQ stock.

3 months ago - Seeking Alpha

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...

4 months ago - Newsfile Corp