Canadian Natural Resources Limited (CNQ)
| Market Cap | 63.12B |
| Revenue (ttm) | 26.46B |
| Net Income (ttm) | 5.62B |
| Shares Out | 2.13B |
| EPS (ttm) | 2.61 |
| PE Ratio | 11.23 |
| Forward PE | 13.93 |
| Dividend | $1.54 (5.22%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 3,191,764 |
| Open | 29.31 |
| Previous Close | 29.51 |
| Day's Range | 29.23 - 29.96 |
| 52-Week Range | 29.23 - 41.29 |
| Beta | 1.88 |
| Analysts | Hold |
| Price Target | 54.00 (+82.56%) |
| 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]
Financial Performance
In 2023, Canadian Natural Resources'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 2 analysts, the average rating for CNQ stock is "Hold." The 12-month stock price forecast is $54.0, which is an increase of 82.56% from the latest price.
News
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CNQ offers a 5% dividend yield, supported by a robust asset base, consistent production growth, and disciplined cost management, making it attractive for income and value investors. Strategic acquisit...
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Canadian Natural Resources Limited Completes the Acquisition on Chevron's Alberta Assets and Announces Timing of 2025 Budget Release
Calgary, Alberta--(Newsfile Corp. - December 6, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural" or the "Company") announces it has completed the acquisition of Ch...
Canadian Natural Resources Limited Prices US$1,500 Million in 5 and 10 Year USD Notes and C$500 Million in 7 Year CAD Notes
Calgary, Alberta--(Newsfile Corp. - December 3, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural" or the "Company") announces that on December 3, 2024, the Company ...
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Canadian Natural Resources: Prioritizing Shareholder Value
CNQ's low-cost, efficient operations and strong asset base ensure best-in-class profitability and disciplined capital allocation, driving growth and shareholder value. CNQ's robust financial position,...
High Yield Oil And Gas Ranked By Relative Quality
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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...
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 ET Company Participants Lance Casson - IR Scott Stauth - COO, Oil Sands Mark Stainthorpe - CFO...
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...
Wakeup Call - It's Time To Buy High-Yield Dividends
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Canadian Natural Resources Is Growing Its Assets
Canadian Natural Resources' $6.5 billion acquisition of Chevron's Canadian assets enhances its production capacity and aligns well with existing operations, ensuring long-term growth. The acquisition,...
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Canadian Natural Resources: A Great Dividend Stock For Income Investors
Canadian Natural Resources Limited is a top dividend stock with a 25-year track record of increasing dividends, boasting a 21% CAGR. CNQ's strong financials include a levered free cash flow margin of ...
Why I'd Trade Millions For Consistent Income: 3 High-Yield Picks You'll Love
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Canadian Natural Resources: Prepare For Even Higher Dividends And Cash Flows
Canadian Natural Resources Limited remains a top dividend growth pick, announcing another dividend increase and a significant $6.5 billion acquisition of Chevron's Alberta assets. The acquisition boos...
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...
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...
Chevron Canada to sell assets to Canadian Natural Resources for $6.5 billion in cash
The deal is expected to close in the fourth quarter.