Canadian Natural Resources Limited (CNQ)

NYSE: CNQ · Real-Time Price · USD
31.12
+0.32 (1.04%)
At close: Jan 17, 2025, 4:00 PM
31.17
+0.05 (0.16%)
After-hours: Jan 17, 2025, 7:57 PM EST
1.04%
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]

Sector Energy
IPO Date May 17, 1976
Employees 10,035
Stock Exchange NYSE
Ticker Symbol CNQ
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for CNQ stock is "Hold" and the 12-month stock price forecast is $57.0.

Price Target
$57.0
(83.16% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Buy The Dip: High Dividend Growth Stocks Getting Way Too Cheap

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1 day ago - Seeking Alpha

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...

6 days ago - Seeking Alpha

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...

11 days ago - Newsfile Corp

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The dollar surged 8% in 2024, fueled by the Fed's policy shifts and potential tariffs under President Trump. As inflation persists, the Fed's uncertain path adds volatility. Professional investors, in...

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17 days ago - Seeking Alpha

Buy The Drop On These Amazing Dividend Bargains

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20 days ago - Seeking Alpha

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21 days ago - Seeking Alpha

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...

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24 days ago - Seeking Alpha

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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If I Could Only Give You 3 Investments For Christmas

The art of stock picking has a lot in common with the art of gift giving. I apply the art of gift giving to selecting great investments for loved ones. I share the three that I would pick right now.

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27 days ago - Seeking Alpha

Santa's Surprise - 4 Dividends I'm Buying Hand Over Fist

Market weakness, due to persistent inflation & rising rates, has created compelling buying opportunities for dividend investors. This correction offers a chance to acquire quality stocks at attractive...

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4 weeks ago - Seeking Alpha

10 Stocks I'm Buying As REITs Have Never Looked So Good

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Defensive Oil Stocks To Watch In 2025 Amid $70 Brent Forecast: JP Morgan

JP Morgan analyst John M Royall highlighted key trends for the North American Integrated Oils sector entering 2025, with updates on forecasts, price targets, and ratings on major companies.

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4 weeks ago - Benzinga

The Federal Reserve Just Gave Dividend Investors A Huge Christmas Gift

The Federal Reserve just cut rates but reduced the outlook for future rate cuts. This sent the market tumbling lower. However, I believe this is a huge gift to dividend investors.

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4 weeks ago - Seeking Alpha

December's 5 Dividend Growth Stocks With 4.51%+ Yields

Dividend growth stocks, though not often the most exciting, can offer the potential for growing wealth and passive income over the long run. Every month, we screen for potential opportunities, startin...

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4 weeks ago - Seeking Alpha

Why The Market May Get Turned Upside Down In 2025

AI stocks have dominated the market in 2024, dragging the S&P 500 higher with them. I think the market may get turned upside down in 2025. I share why and also share some of my top picks for the new y...

4 weeks ago - Seeking Alpha

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...

5 weeks ago - Seeking Alpha

'Tis The Season For Dividend Growth

Corporations often increase dividend payouts in Q1 of each year, making it crucial for income investors to position portfolios for 2025. Dividend growth investing is appealing due to recent federal fu...

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6 weeks ago - Seeking Alpha

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...

6 weeks ago - Newsfile Corp

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 ...

6 weeks ago - Newsfile Corp

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...

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7 weeks ago - Seeking Alpha

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,...

7 weeks ago - Seeking Alpha

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-...

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2 months 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...

2 months 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 ET Company Participants Lance Casson - IR Scott Stauth - COO, Oil Sands Mark Stainthorpe - CFO...

2 months ago - Seeking Alpha