Canadian Natural Resources Limited (TSX: CNQ)
Market Cap | 114.07B |
Revenue (ttm) | 39.71B |
Net Income (ttm) | 8.23B |
Shares Out | 1.07B |
EPS (ttm) | 7.48 |
PE Ratio | 14.26 |
Forward PE | 14.33 |
Dividend | 3.85 (3.61%) |
Ex-Dividend Date | Mar 14, 2024 |
Volume | 2,350,595 |
Open | 106.49 |
Previous Close | 105.68 |
Day's Range | 105.24 - 106.89 |
52-Week Range | 69.83 - 112.99 |
Beta | 1.98 |
Analysts | n/a |
Price Target | 111.17 (+4.37%) |
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 -27.38% compared to the previous year's 49.53 billion. Earnings were 8.23 billion, a decrease of -24.72%.
Financial StatementsNews
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.
Canadian Natural Resources: Expect Huge Shareholder Returns
$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 ...
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: 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.
Canadian Natural Resources announces normal course issuer bid
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...
Cenovus Energy To Boost Energy Production 19%
Canadas Cenovus Energy will boost its energy production by 19% over the next five years, in line with pipeline capacity growth, Cenovus CEO Drew Zieglgansberger said at the companys annual investor da...
Canadian Natural Resources: A Cash Cow That Milks Dividends
Canadian Natural Resources Lifts Dividend After Posting Record Production
Canadian Natural Resources (NYSE: CNQ) is raising its quarterly dividend as it posted consensus-beating earnings for Q4, driven by record-high oil and natural gas production last year. Canadian Natura...
Canadian Natural Resources Limited (CNQ) Q4 2023 Earnings Call Transcript
Canadian Natural Resources on the rise after Q4 beat, achievement of debt target
Earnings Scheduled For February 29, 2024
Companies Reporting Before The Bell • Frontline (NYSE: FRO) is expected to report quarterly earnings at $0.46 per share on revenue of $276.19 million. • NB Bancorp (NASDAQ: NBBK) is likely to report...
Canadian Natural Resources raises dividend by 5% to C$1.05
Canadian Natural Resources reports Q4 results
Canadian Natural Resources Limited Announces Quarterly Dividend
Calgary, Alberta--(Newsfile Corp. - February 29, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors approved a 5% increase to its quarterly cash di...
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 Q4 2023 Earnings Preview
Canadian Natural Res's Earnings: A Preview
Canadian Natural Res (NYSE: CNQ) is set to give its latest quarterly earnings report on Thursday, 2024-02-29. Here's what investors need to know before the announcement. Analysts estimate that Canadi...
Canadian Natural Resources: Hedging Geopolitical Risks With This Quality Oil Producer
Here's How Much You Would Have Made Owning Canadian Natural Res Stock In The Last 5 Years
Canadian Natural Res (NYSE: CNQ) has outperformed the market over the past 5 years by 4.45% on an annualized basis producing an average annual return of 17.0%. Currently, Canadian Natural Res has a m...
Canadian Natural: Solid Performance, But Valuation Remains A Headwind
Canadian Natural Resources' Alberta output hits record in December
Canadian Natural Resources' total oil and gas production from Alberta wells in December rose to the highest since at least 2018, according to data from Alberta Energy Regulator.
A 12% Distribution Yield At $80 WTI Is Why I Sold Exxon To Buy Canadian Natural Resources
I have shifted my investment from Exxon Mobil to Canadian Natural Resources. Read why I prefer CNQ over Exxon Mobil.
Canadian Natural Resources: Dividend Increases And Share Buybacks Holding Up Valuation Despite Deteriorating Fundamentals
Canadian Natural Resources has seen a significant increase in dividends and share repurchases in the past two years, surpassing previous levels. Read more about CNQ here.