Canadian Natural Resources Limited (TSX: CNQ)

Canada flag Canada · Delayed Price · Currency is CAD
47.21
+0.17 (0.36%)
Nov 20, 2024, 4:00 PM EST
3.44%
Market Cap 99.63B
Revenue (ttm) 35.74B
Net Income (ttm) 7.60B
Shares Out 2.11B
EPS (ttm) 3.52
PE Ratio 13.40
Forward PE 13.50
Dividend 2.10 (4.45%)
Ex-Dividend Date Dec 13, 2024
Volume 10,342,065
Open 47.00
Previous Close 47.04
Day's Range 46.83 - 47.30
52-Week Range 40.02 - 56.50
Beta 1.89
Analysts n/a
Price Target n/a
Earnings Date Oct 31, 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]

Sector Energy
Founded 1973
Employees 10,272
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 -14.97% compared to the previous year's 42.30 billion. Earnings were 8.23 billion, a decrease of -24.72%.

Financial Statements

News

Ryan Bushell's Top Picks: BCE, Northland Power and Canadian Natural Resources

Ryan Bushell, president and portfolio manager at Newhaven Asset Management, shares his top picks; BCE, Northland Power and CNQ.

8 days ago - BNN Bloomberg

High Yield Oil And Gas Ranked By Relative Quality

With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-...

10 days ago - Seeking Alpha

Canadian Natural Resources Q3: Another Solid Quarter

Canadian Natural Resources reported another quarter of solid results, with adjusted funds flow of C$3.9 billion. Canadian Natural reported oil sands operating costs of $15.16/bo. With an all-in, divid...

13 days ago - Seeking Alpha

$100 Invested In Canadian Natural Res 20 Years Ago Would Be Worth This Much Today

Canadian Natural Res (NYSE: CNQ) has outperformed the market over the past 20 years by 1.89% on an annualized basis producing an average annual return of 10.23%. Currently, Canadian Natural Res has a...

14 days ago - Benzinga

Canadian Natural confirms reduced natural gas drilling plans on weak prices

Canadian Natural Resources reports Q3 results, with adjusted earnings beating expectations but plans to reduce natural gas drilling due to weak prices.

20 days ago - Seeking Alpha

Canadian Natural Resources Limited (CNQ) Q3 2024 Earnings Call Transcript

Canadian Natural Resources Limited (NYSE:CNQ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ETCompany ParticipantsLance Casson - IRScott Stauth...

20 days ago - Seeking Alpha

Top Pick Alert: Why I Just Became Even More Bullish On Canadian Natural Resources

Canadian Natural Resources remains a powerhouse in my portfolio, with the Chevron acquisition strengthening my long-term outlook. Read more about CNQ stock here.

20 days ago - Seeking Alpha

Canadian Natural Resources Q3 Profit Slips as Oil and Gas Prices Fall

Canadas largest oil and gas producer, Canadian Natural Resources (NYSE: CNQ), reported lower adjusted net earnings from operations for the third quarter compared to a year earlier amid plunging natura...

20 days ago - OilPrice com

Canadian Natural Resources posts Q3 profit drop on lower crude prices

Canadian Natural Resources posted a drop in third-quarter profit on Thursday, as the energy producer took a hit from a decline in production and lower crude prices.

21 days ago - Reuters

Canadian Natural Resources Limited Announces 2024 Third Quarter Results

Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's third quarter results, "Our unique and diverse ass...

21 days ago - Newsfile Corp

Wakeup Call - It's Time To Buy High-Yield Dividends

The market is experiencing robust earnings growth, low inflation, and solid GDP figures, leading many to feel bullish despite underlying economic challenges. While valuations are high, investors are b...

4 weeks ago - Seeking Alpha

Canadian Natural Resources Is Growing Its Assets

Canadian Natural Resources’ $6.5B acquisition of Chevron assets enhances production capacity and strengthens shareholder returns. Read more on CNQ stock here.

4 weeks ago - Seeking Alpha

Double-Digit Yield Potential - 3 Of The Smartest Energy Plays Money Can Buy

American energy investors face persistent challenges, with recent price drops influenced by economic fears and geopolitical factors, particularly in the Permian Basin. The Permian has driven significa...

4 weeks ago - Seeking Alpha

Implied Volatility Surging for Canadian Natural Resources Stock Options

Investors in Canadian Natural Resources Limited (NYSE: CNQ) need to pay close attention to the stock based on moves in the options market lately. That is because the Nov. 15, 2024 $60.00 Call had som...

5 weeks ago - Benzinga

New Dividend Champion Canadian Natural Resources Buys $6.5 Billion Chevron Assets

Canadian Natural Resources acquires Chevron's oil sands and Kaybob Duvernay assets for $6.5 billion. Read why I think CNQ stock is a buy.

5 weeks ago - Seeking Alpha

Canadian Natural Resources: Prepare For Even Higher Dividends And Cash Flows

Canadian Natural Resources announced a significant $6.5 billion acquisition of Chevron's Alberta assets. Read why I remain bullish on CNQ stock.

6 weeks ago - Seeking Alpha

Why I'd Trade Millions For Consistent Income: 3 High-Yield Picks You'll Love

In today's volatile market, consistent income from dividend stocks remains a top priority for savvy investors. Choosing high-yield stocks can provide financial stability, making them attractive option...

6 weeks ago - Seeking Alpha

New Acquisition Makes Canadian Natural Resources A Very Comfortable Hold

Canadian Natural Resources' acquisition of Chevron's Alberta assets boosts production by 122,500 BOE/day. Read why my recommendation is a Hold on CNQ stock.

6 weeks ago - Seeking Alpha

Canadian Natural Resources Expands Alberta Footprint with Chevron Asset Buy, Boosts Dividend 7%

Canadian Natural Resources Limited (CNQ, Financial) has announced its agreement to acquire Chevron Canada's 20% stake in the Athabasca Oil Sands Project situated in Alberta, raising its ownership to 9...

6 weeks ago - GuruFocus

Chevron Sells Canadian Shale Assets to Canadian Natural Resources for $6.5 Billion

Chevron (CVX, Financial) is selling its stakes in two Canadian shale assets to Canadian Natural Resources (CNQ, Financial) for $6.5 billion in cash. The deal includes a 20% interest in the Athabasca O...

6 weeks ago - GuruFocus

Darren Sissons' Past Picks: British American Tobacco PLC,Canadian Natural Resources, and Johnson & Johnson

Darren Sissons, partner and portfolio manager at Campbell, Lee & Ross, discusses his past picks: British American Tobacco PLC,Canadian Natural Resources, and Johnson & Johnson.

6 weeks ago - BNN Bloomberg