Canadian Natural Resources Limited (CNQ)
Market Cap | 66.70B |
Revenue (ttm) | 26.46B |
Net Income (ttm) | 5.62B |
Shares Out | 2.13B |
EPS (ttm) | 2.61 |
PE Ratio | 11.86 |
Forward PE | 14.19 |
Dividend | $1.58 (5.08%) |
Ex-Dividend Date | Dec 13, 2024 |
Volume | 5,365,038 |
Open | 30.65 |
Previous Close | 30.80 |
Day's Range | 30.52 - 31.19 |
52-Week Range | 29.23 - 41.29 |
Beta | 1.88 |
Analysts | Hold |
Price Target | 57.00 (+83.16%) |
Earnings Date | Feb 27, 2025 |
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 one analyst, the rating for CNQ stock is "Hold" and the 12-month stock price forecast is $57.0.
News
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Canadian Natural Resources: Excellent Growth In 2025
Canadian Natural Resources Limited will achieve double-digit production growth in 2025 through M&A and organic investments, making it a standout in the low-growth energy sector. Political changes in t...
Canadian Natural Resources Limited Announces 2025 Budget
Calgary, Alberta--(Newsfile Corp. - January 9, 2025) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's 2025 budget "Our high quality, diversified asset ba...
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Two Energy Sector Picks Worth Accumulating At 52-Week Lows
The energy sector's underperformance presents an opportunity to buy undervalued stocks, with Canadian Natural Resources and Helmerich & Payne offering compelling upside potential. CNQ benefits from lo...
Canadian Natural Resources: How We Would Play 2025
Canadian Natural Resources Limited has consistently performed well, but its post-pandemic valuation was too high for our taste. On the previous coverage, we had suggested a covered call as an alternat...
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Why The Market May Get Turned Upside Down In 2025
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Canadian Natural Resources: Pullback Is A Golden Opportunity For Value Investors
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...
'Tis The Season For Dividend Growth
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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 ...
My Retirement Dream Team: If I Could Buy Just 5 Dividend Stocks
As a younger investor, I've built a portfolio focused on dividend growth, but I often think about what I'd prioritize if I were 65 and relying on income. My picks reflect a blend of reliability, incom...
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
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-...
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...