Canadian Natural Resources Limited (TSX: CNQ)

Canada flag Canada · Delayed Price · Currency is CAD
106.52
+0.84 (0.79%)
Apr 26, 2024, 4:00 PM EDT
32.70%
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]

Industry Oil & Gas E&P
Sector Energy
CEO Mr. Norman Murray Edwards O.C.
Country Canada
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

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.

3 days 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 ...

24 days 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.

25 days 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.

5 weeks 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...

7 weeks ago - Newsfile Corp

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...

7 weeks ago - OilPrice com

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...

2 months ago - OilPrice com

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...

2 months ago - Benzinga

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...

2 months ago - Newsfile Corp

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...

2 months ago - Newsfile Corp

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...

2 months ago - Benzinga

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...

2 months ago - Benzinga

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.

3 months ago - Seeking Alpha

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.

3 months ago - Seeking Alpha

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.

4 months ago - Seeking Alpha