NYSE:CNQ Canadian Natural Resources (CNQ) Stock Price, News & Analysis → Exposed: 10 CENT Crypto to Explode April 20th? (From True Market Insiders) (Ad) Free CNQ Stock Alerts $77.08 +0.31 (+0.40%) (As of 04/23/2024 ET) Add Compare Share Share Today's Range$75.73▼$77.2050-Day Range$60.06▼$82.3452-Week Range$52.66▼$82.58Volume3.42 million shsAverage Volume3.34 million shsMarket Capitalization$82.64 billionP/E Ratio13.91Dividend Yield3.83%Price Target$94.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Canadian Natural Resources alerts: Email Address Canadian Natural Resources MarketRank™ Stock AnalysisAnalyst RatingHold2.29 Rating ScoreUpside/Downside22.0% Upside$94.00 Price TargetShort InterestHealthy4.50% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-7.75Upright™ Environmental ScoreNews Sentiment1.55Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth20.35%From $5.70 to $6.86 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.41 out of 5 starsOils/Energy Sector34th out of 234 stocksCrude Petroleum & Natural Gas Industry16th out of 73 stocks 2.1 Analyst's Opinion Consensus RatingCanadian Natural Resources has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageCanadian Natural Resources has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.50% of the float of Canadian Natural Resources has been sold short.Short Interest Ratio / Days to CoverCanadian Natural Resources has a short interest ratio ("days to cover") of 15.4, which indicates bearish sentiment.Change versus previous monthShort interest in Canadian Natural Resources has recently decreased by 56.06%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipCanadian Natural Resources is a leading dividend payer. It pays a dividend yield of 3.85%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanadian Natural Resources has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Canadian Natural Resources is 53.25%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Canadian Natural Resources will have a dividend payout ratio of 43.00% next year. This indicates that Canadian Natural Resources will be able to sustain or increase its dividend. Previous Next 0.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCanadian Natural Resources has received a -63.75% net impact score from Upright. The largest negative impact of Canadian Natural Resources in category "GHG emissions" seems to be driven mostly by its "Oil sand", "Bitumen", "Conventional crude oil", and "Conventional natural gas" products. See details.Environmental SustainabilityThe Environmental Impact score for Canadian Natural Resources is -7.75. Previous Next 3.6 News and Social Media Coverage News SentimentCanadian Natural Resources has a news sentiment score of 1.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Canadian Natural Resources this week, compared to 5 articles on an average week.Search InterestOnly 36 people have searched for CNQ on MarketBeat in the last 30 days. This is a decrease of -5% compared to the previous 30 days.MarketBeat Follows24 people have added Canadian Natural Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 71% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canadian Natural Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.00% of the stock of Canadian Natural Resources is held by insiders.Percentage Held by Institutions74.03% of the stock of Canadian Natural Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Canadian Natural Resources are expected to grow by 20.35% in the coming year, from $5.70 to $6.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Natural Resources is 13.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.00.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Natural Resources is 13.91, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.69.Price to Book Value per Share RatioCanadian Natural Resources has a P/B Ratio of 2.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad True Market InsidersExposed: 10 CENT Crypto to Explode April 20th?The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…Click For My #1 FREE Crypto for 2024 About Canadian Natural Resources Stock (NYSE: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 Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.Read More CNQ Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNQ Stock News HeadlinesApril 5, 2024 | marketbeat.com5 High Short Interest Stocks Getting Squeezed With Upside To GoHigh short interest is a recipe for sharp stock price movements, and when the shorts are getting squeezed, the movements can be the sharpest. The stocks on this list are not only high-short interest stocks with upward price pressure; they are among the most shorted stocks listed on Marketbeat's platform, offer some value, have positive market sentiment, and a forecast for growth.April 20, 2024 | msn.com3 Canadian Energy Stocks Set for a Wave of Rising DividendsApril 24, 2024 | True Market Insiders (Ad)Exposed: 10 CENT Crypto to Explode April 20th?The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…April 6, 2024 | seekingalpha.comCanadian Natural Resources: Expect Huge Shareholder ReturnsApril 2, 2024 | benzinga.com$100 Invested In Canadian Natural Res 5 Years Ago Would Be Worth This Much TodayMarch 22, 2024 | seekingalpha.comCanadian Natural Resources: Fully Priced, Good Time To Consider SwitchingMarch 18, 2024 | msn.comIs Canadian Natural Resources Stock a Good Buy Right Now?March 13, 2024 | finance.yahoo.com20 Biggest Natural Gas Companies in the WorldApril 24, 2024 | True Market Insiders (Ad)Exposed: 10 CENT Crypto to Explode April 20th?The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…March 5, 2024 | finance.yahoo.comThe Zacks Analyst Blog Highlights Broadcom, TotalEnergies, Lam Research, Dell Technologies and Canadian Natural ResourcesMarch 4, 2024 | seekingalpha.comCanadian Natural Resources: A Cash Cow That Milks DividendsMarch 2, 2024 | seekingalpha.comCanadian Natural Resources Limited (CNQ) Q4 2023 Earnings Call TranscriptMarch 2, 2024 | finance.yahoo.comCanadian Natural Resources Full Year 2023 Earnings: EPS Beats ExpectationsMarch 1, 2024 | finance.yahoo.comCanadian Natural Resources Limited (NYSE:CNQ) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | msn.comCanadian Natural Resources on the rise after Q4 beat, achievement of debt targetFebruary 29, 2024 | reuters.comCanadian Natural Resources beats fourth-quarter profit estimatesFebruary 29, 2024 | theglobeandmail.comCanadian Natural Resources tops fourth-quarter profit estimates on record productionFebruary 25, 2024 | ca.finance.yahoo.comCVE Mar 2024 25.500 callFebruary 20, 2024 | msn.comCanada invests CD4.99 mn to propel rare earth processing, fueling electric vehicle value chain advancement: S&P GCIFebruary 12, 2024 | benzinga.comHere's How Much You Would Have Made Owning Canadian Natural Res Stock In The Last 5 YearsFebruary 7, 2024 | finance.yahoo.comSU, CNQ: 2 Energy Stocks to Play the Trans Mountain Pipeline ExpansionFebruary 7, 2024 | seekingalpha.comCanadian Natural: Solid Performance, But Valuation Remains A HeadwindJanuary 26, 2024 | msn.com2 Cheap Energy Stocks to Buy in February 2024January 19, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Energy Companies: Matador Resources (MTDR), TechnipFMC (FTI) and Canadian Natural (CNQ)January 9, 2024 | benzinga.comHere's How Much You Would Have Made Owning Canadian Natural Res Stock In The Last 20 YearsJanuary 4, 2024 | seekingalpha.comCanadian Natural Resources: Dividend Increases And Share Buybacks Holding Up Valuation Despite Deteriorating FundamentalsJanuary 1, 2024 | finance.yahoo.comCanadian Natural Resources Limited's (TSE:CNQ) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?See More Headlines Receive CNQ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canadian Natural Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/29/2024Ex-Dividend for 4/5 Dividend3/14/2024Dividend Payable4/05/2024Today4/24/2024Next Earnings (Estimated)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:CNQ CUSIPN/A CIK1017413 Webwww.cnrl.com Phone(403) 514-7777Fax403-517-7350Employees10,272Year Founded1989Price Target and Rating Average Stock Price Target$94.00 High Stock Price Target$102.00 Low Stock Price Target$85.00 Potential Upside/Downside+22.0%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$5.54 Trailing P/E Ratio13.91 Forward P/E Ratio13.52 P/E GrowthN/ANet Income$6.10 billion Net Margins20.15% Pretax Margin28.26% Return on Equity21.74% Return on Assets11.25% Debt Debt-to-Equity Ratio0.25 Current Ratio0.96 Quick Ratio0.69 Sales & Book Value Annual Sales$30.25 billion Price / Sales2.73 Cash Flow$10.39 per share Price / Cash Flow7.42 Book Value$27.50 per share Price / Book2.80Miscellaneous Outstanding Shares1,072,140,000Free Float1,018,531,000Market Cap$82.64 billion OptionableOptionable Beta1.54 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Norman Murray Edwards O.C. (Age 64)Executive Chairman Comp: $8.55MMr. Scott G. Stauth (Age 58)President & Director Comp: $2.8MMr. Mark A. Stainthorpe C.F.A. (Age 46)CFO & Senior VP of Finance Comp: $1.89MRobin Sean Zabek (Age 52)Chief Operating Officer of E&P Comp: $951.12kVictor Clinton Darel C.A. (Age 47)CPA, VP of Finance & Principal Accounting Officer Lance J. CassonManager of Investor RelationsBrenda Gayle BalogVP of Legal & General CounselMr. Ronald Keith Laing (Age 54)Senior Vice-President of Corporate Development & Land Mark Anthony Overwater (Age 55)Vice-President of Marketing Dean W. Halewich (Age 56)Senior Vice-President of Safety, Risk Management & Innovation More ExecutivesKey CompetitorsEOG ResourcesNYSE:EOGPioneer Natural ResourcesNYSE:PXDOccidental PetroleumNYSE:OXYENINYSE:ECenovus EnergyNYSE:CVEView All CompetitorsInstitutional OwnershipRaymond James Financial Services Advisors Inc.Bought 4,423 shares on 4/23/2024Ownership: 0.020%Cigna Investments Inc. NewSold 365 shares on 4/23/2024Ownership: 0.002%Gradient Investments LLCBought 939 shares on 4/23/2024Ownership: 0.001%Nations Financial Group Inc. IA ADVBought 1,419 shares on 4/23/2024Ownership: 0.001%Fifth Third BancorpBought 137 shares on 4/23/2024Ownership: 0.000%View All Institutional Transactions Should I Buy Canadian Natural Resources Stock? CNQ Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Canadian Natural Resources Limited: Canadian Natural Resources Limited has a strong track record of acquiring, exploring, and developing oil and gas assets, providing potential for long-term growth. The company offers a diverse range of crude oil products, including light and medium crude oil, which can help mitigate risk associated with fluctuations in specific oil markets. With a significant presence in Western Canada, the United Kingdom North Sea, and Offshore Africa, Canadian Natural Resources Limited has a geographically diversified portfolio that can offer stability in various market conditions. Recent developments in the company's midstream assets, such as pipeline systems and cogeneration plants, indicate a commitment to operational efficiency and cost-effectiveness. Investors may find the current stock price of Canadian Natural Resources Limited attractive, potentially offering a favorable entry point for investment. Cons Investors should be bearish about investing in Canadian Natural Resources Limited for these reasons: Volatility in crude oil and natural gas prices can impact the company's profitability and financial performance, exposing investors to market risks. Regulatory changes in the energy sector, especially related to environmental policies and emissions regulations, could increase operational costs for Canadian Natural Resources Limited. Dependency on global economic conditions and geopolitical factors may introduce uncertainties in the company's revenue streams and growth prospects. Fluctuations in currency exchange rates, particularly in regions where Canadian Natural Resources Limited operates, can affect the company's financial results and cash flows. Investors should consider the cyclical nature of the oil and gas industry, which can lead to periods of downturns impacting the company's stock performance. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these Canadian Natural Resources pros and cons to contact@marketbeat.com. CNQ Stock Analysis - Frequently Asked Questions Should I buy or sell Canadian Natural Resources stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CNQ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNQ, but not buy additional shares or sell existing shares. View CNQ analyst ratings or view top-rated stocks. What is Canadian Natural Resources' stock price target for 2024? 7 brokerages have issued 12-month target prices for Canadian Natural Resources' shares. Their CNQ share price targets range from $85.00 to $102.00. On average, they predict the company's share price to reach $94.00 in the next twelve months. This suggests a possible upside of 22.0% from the stock's current price. View analysts price targets for CNQ or view top-rated stocks among Wall Street analysts. How have CNQ shares performed in 2024? Canadian Natural Resources' stock was trading at $65.52 at the beginning of 2024. Since then, CNQ shares have increased by 17.6% and is now trading at $77.08. View the best growth stocks for 2024 here. Are investors shorting Canadian Natural Resources? Canadian Natural Resources saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 47,200,000 shares, a decline of 56.1% from the March 15th total of 107,420,000 shares. Based on an average trading volume of 3,070,000 shares, the short-interest ratio is currently 15.4 days. Approximately 4.5% of the company's shares are sold short. View Canadian Natural Resources' Short Interest. When is Canadian Natural Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our CNQ earnings forecast. How were Canadian Natural Resources' earnings last quarter? Canadian Natural Resources Limited (NYSE:CNQ) announced its quarterly earnings data on Thursday, February, 29th. The oil and gas producer reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.13. The oil and gas producer had revenue of $7.02 billion for the quarter, compared to the consensus estimate of $6.73 billion. Canadian Natural Resources had a trailing twelve-month return on equity of 21.74% and a net margin of 20.15%. How often does Canadian Natural Resources pay dividends? What is the dividend yield for Canadian Natural Resources? Canadian Natural Resources announced a quarterly dividend on Friday, March 1st. Shareholders of record on Friday, March 15th will be paid a dividend of $0.774 per share on Friday, April 5th. This represents a $3.10 annualized dividend and a yield of 4.02%. The ex-dividend date is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of $0.72. Read our dividend analysis for CNQ. Is Canadian Natural Resources a good dividend stock? Canadian Natural Resources (NYSE:CNQ) pays an annual dividend of $2.95 per share and currently has a dividend yield of 3.85%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 53.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNQ will have a dividend payout ratio of 43.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CNQ. What ETFs hold Canadian Natural Resources' stock? ETFs with the largest weight of Canadian Natural Resources (NYSE:CNQ) stock in their portfolio include Franklin FTSE Canada ETF (FLCA), Invesco International BuyBack Achievers ETF (IPKW), JPMorgan BetaBuilders Canada ETF (BBCA), iShares MSCI Canada ETF (EWC), WisdomTree Global ex U.S. Quality Dividend Growth Fund (DNL), SPDR S&P North American Natural Resources ETF (NANR), Invesco International Dividend Achievers ETF (PID) and iShares North American Natural Resources ETF (IGE). What is Tim S. McKay's approval rating as Canadian Natural Resources' CEO? 6 employees have rated Canadian Natural Resources Chief Executive Officer Tim S. McKay on Glassdoor.com. Tim S. McKay has an approval rating of 96% among the company's employees. This puts Tim S. McKay in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Canadian Natural Resources own? Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Natural Resources investors own include Pfizer (PFE), Intel (INTC), Micron Technology (MU), AbbVie (ABBV), Bank of America (BAC), Gilead Sciences (GILD), QUALCOMM (QCOM), AT&T (T), Cisco Systems (CSCO) and Suncor Energy (SU). Who are Canadian Natural Resources' major shareholders? Canadian Natural Resources' stock is owned by many different retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.24%), Addenda Capital Inc. (0.11%), Dixon Mitchell Investment Counsel Inc. (0.08%), Miller Howard Investments Inc. NY (0.08%), Raymond James & Associates (0.04%) and Galibier Capital Management Ltd. (0.04%). How do I buy shares of Canadian Natural Resources? Shares of CNQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:CNQ) was last updated on 4/24/2024 by MarketBeat.com Staff From Our Partnerstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencySHOCKING Crypto Leak…Crypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingThe #1 Crypto for 2024InvestorPlaceMan Who Predicted 2008: “This Will be Worse.”AltimetryBiden out June 13; Kamala won’t replace him?Paradigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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