TSE:CNQ Canadian Natural Resources (CNQ) Stock Price, News & Analysis → Central Banks Preparing for US Dollar Collapse? (From Behind the Markets) (Ad) Free CNQ Stock Alerts C$103.33 +0.89 (+0.87%) (As of 03/28/2024 ET) Add Compare Share Share Today's RangeC$102.45▼C$103.6150-Day RangeC$80.60▼C$102.9552-Week RangeC$69.83▼C$103.61Volume6.69 million shsAverage Volume6.44 million shsMarket CapitalizationC$110.56 billionP/E Ratio13.83Dividend Yield3.73%Price TargetC$100.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Canadian Natural Resources alerts: Email Address Canadian Natural Resources MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.62 Rating ScoreUpside/Downside2.5% DownsideC$100.75 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.64Based on 21 Articles This WeekInsider TradingSelling SharesC$60.74 M Sold Last QuarterProj. Earnings GrowthN/ASee 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.3.33 out of 5 stars 2.3 Analyst's Opinion Consensus RatingCanadian Natural Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.62, and is based on 8 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$100.75, Canadian Natural Resources has a forecasted downside of 2.5% from its current price of C$103.33.Amount of Analyst CoverageCanadian Natural Resources has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CNQ. Previous Next 2.5 Dividend Strength Dividend LeadershipCanadian Natural Resources is a leading dividend payer. It pays a dividend yield of 3.74%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanadian Natural Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Canadian Natural Resources is 51.54%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CNQ. Previous Next 2.6 News and Social Media Coverage News SentimentCanadian Natural Resources has a news sentiment score of 0.64. 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 0.46 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Canadian Natural Resources this week, compared to 2 articles on an average week.Search InterestOnly 45 people have searched for CNQ on MarketBeat in the last 30 days. This is a decrease of -12% compared to the previous 30 days.MarketBeat FollowsOnly 13 people have added Canadian Natural Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canadian Natural Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$60,737,470.00 in company stock.Percentage Held by InsidersOnly 2.21% of the stock of Canadian Natural Resources is held by insiders.Percentage Held by Institutions79.30% 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 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Natural Resources is 13.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Natural Resources is 13.83, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 94.27.Price to Earnings Growth RatioCanadian Natural Resources has a PEG Ratio of 0.53. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioCanadian Natural Resources has a P/B Ratio of 2.78. 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 Insiders ExposedThis consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.Register for the imminent briefing here. About Canadian Natural Resources Stock (TSE: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 HeadlinesMarch 26, 2024 | insidertrades.comCanadian Natural Resources Limited (TSE:CNQ) Senior Officer Scott Gerald Stauth Sells 13,250 SharesMarch 22, 2024 | insidertrades.comCanadian Natural Resources Limited (TSE:CNQ) Senior Officer Devin Craig Lowe Sells 3,750 SharesMarch 29, 2024 | Crypto Swap Profits (Ad)Grab Your Free Bitcoin Today!And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.March 16, 2024 | insidertrades.comCanadian Natural Resources Limited (TSE:CNQ) Senior Officer Sells C$323,319.60 in StockMarch 16, 2024 | insidertrades.comCanadian Natural Resources Limited (TSE:CNQ) Director Sells C$285,282.00 in StockMarch 12, 2024 | insidertrades.comInsider Selling: Canadian Natural Resources Limited (TSE:CNQ) Director Sells 13,500 Shares of StockMarch 29, 2024 | americanbankingnews.comCanadian Natural Resources (TSE:CNQ) Price Target Raised to C$115.00 at BMO Capital MarketsMarch 26, 2024 | americanbankingnews.comCanadian Natural Resources (TSE:CNQ) Reaches New 12-Month High on Analyst UpgradeMarch 29, 2024 | Crypto 101 Media (Ad)Crypto Market Preps For Trillions Worth of Inflows! Bitcoin is rapidly approaching new ALL-TIME HIGHS… The market is buzzing after recent approval of spot Bitcoin exchange-traded funds (ETF). Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.March 25, 2024 | americanbankingnews.comQ1 2024 EPS Estimates for Canadian Natural Resources Limited (TSE:CNQ) Decreased by Zacks ResearchMarch 23, 2024 | americanbankingnews.comCanadian Natural Resources (TSE:CNQ) Price Target Increased to C$105.00 by Analysts at CIBCMarch 23, 2024 | americanbankingnews.comDevin Craig Lowe Sells 3,750 Shares of Canadian Natural Resources Limited (TSE:CNQ) StockMarch 23, 2024 | americanbankingnews.comTimothy Shawn Mckay Sells 30,000 Shares of Canadian Natural Resources Limited (TSE:CNQ) StockMarch 23, 2024 | americanbankingnews.comZacks Research Weighs in on Canadian Natural Resources Limited's Q2 2024 Earnings (TSE:CNQ)March 21, 2024 | americanbankingnews.comCanadian Natural Resources (TSE:CNQ) Hits New 1-Year High at $100.52March 21, 2024 | americanbankingnews.comCanadian Natural Resources (TSE:CNQ) PT Raised to C$107.00 at ATB CapitalMarch 12, 2024 | fool.caDividend Investors: Top Canadian Energy Stocks for March 2024March 12, 2024 | finance.yahoo.comZacks Industry Outlook Highlights Canadian Natural Resources, Ovintiv and Baytex EnergyMarch 8, 2024 | msn.comCanadian Natural Resources announces normal course issuer bidMarch 4, 2024 | finance.yahoo.comTop Research Reports for Broadcom, TotalEnergies & Lam ResearchMarch 4, 2024 | finance.yahoo.comAnalysts Have Made A Financial Statement On Canadian Natural Resources Limited's (TSE:CNQ) Annual ReportMarch 3, 2024 | finance.yahoo.comCanadian Natural Resources (TSE:CNQ) Will Pay A Larger Dividend Than Last Year At CA$1.05March 1, 2024 | ca.finance.yahoo.comCanadian Natural Resources Stock Hits a New High. So Is CNQ a Best Stock to Buy Now?February 29, 2024 | seekingalpha.comCanadian Natural Resources reports Q4 resultsFebruary 29, 2024 | msn.comCanadian Natural Resources reports Q4 profit up, raises quarterly dividendFebruary 29, 2024 | ca.finance.yahoo.comCanadian Natural Resources beats Q4 profit, sweetens shareholders' returnsFebruary 28, 2024 | msn.comCanadian Natural Resources Q4 2023 Earnings PreviewSee 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 Ex-Dividend for 1/5 Dividend12/07/2023Dividend Payable1/05/2024Last Earnings2/29/2024Ex-Dividend for 4/5 Dividend3/14/2024Today3/29/2024Dividend Payable4/05/2024Next Earnings (Estimated)5/02/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas E&P Sub-IndustryN/A Current SymbolTSE:CNQ CUSIPN/A CIKN/A Webwww.cnrl.com Phone+1-403-5147605FaxN/AEmployees10,035Year FoundedN/APrice Target and Rating Average Stock Price TargetC$100.75 High Stock Price TargetC$115.00 Low Stock Price TargetC$86.00 Potential Upside/Downside-2.5%Consensus RatingModerate Buy Rating Score (0-4)2.62 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)C$7.47 Trailing P/E Ratio13.83 Forward P/E Ratio14.04 P/E Growth0.53Net IncomeC$8.23 billion Net Margins22.89% Pretax MarginN/A Return on Equity21.11% Return on Assets8.58% Debt Debt-to-Equity Ratio31.01 Current Ratio0.96 Quick Ratio0.54 Sales & Book Value Annual SalesC$35.97 billion Price / Sales3.07 Cash FlowC$1.20 per share Price / Cash Flow85.85 Book ValueC$37.14 per share Price / Book2.78Miscellaneous Outstanding Shares1,070,000,000Free FloatN/AMarket CapC$110.56 billion OptionableNot Optionable Beta1.98 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Norman Murray Edwards O.C. (Age 64)Executive Chairman Comp: $12.01MMr. Scott G. Stauth (Age 58)President & Director Comp: $2.74MMr. Mark A. Stainthorpe C.F.A. (Age 46)CFO & Senior VP of Finance Comp: $2.22MVictor 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 56)Vice-President of Marketing Dean W. Halewich (Age 56)Senior Vice-President of Safety, Risk Management & Innovation Jay E. Froc (Age 58)Chief Operating Officer of Oil Sands More ExecutivesKey CompetitorsEnbridgeTSE:ENBSuncor EnergyTSE:SUTC EnergyTSE:TRPCenovus EnergyTSE:CVEImperial OilTSE:IMOView All CompetitorsInsidersScott Gerald StauthSold 13,250 sharesTotal: C$1.36 M ($102.32/share)Devin Craig LoweSold 3,750 sharesTotal: C$376,087.50 ($100.29/share)Timothy Shawn MckaySold 30,000 sharesTotal: C$2.98 M ($99.36/share)Norman Murray EdwardsSold 251,500 sharesTotal: C$24.76 M ($98.46/share)Jay Ellery FrocSold 3,240 sharesTotal: C$323,319.60 ($99.79/share)View All Insider 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 is actively involved in acquiring, exploring, developing, and producing crude oil, natural gas, and natural gas liquids, providing a diversified portfolio in the energy sector. The company offers various types of crude oil, including light, medium, heavy, and synthetic crude oil, catering to different market demands and enhancing revenue streams. With a strong presence in Western Canada, the United Kingdom portion of the North Sea, and Offshore Africa, Canadian Natural Resources Limited has a geographically diversified operational base, reducing risk exposure. Recent developments in the energy market have shown an increasing demand for oil and gas products, potentially leading to favorable pricing dynamics that could benefit Canadian Natural Resources Limited. Investors may find the current stock price of Canadian Natural Resources Limited attractive, offering a potentially lucrative entry point for those looking to capitalize on the company's growth prospects. Cons Investors should be bearish about investing in Canadian Natural Resources Limited for these reasons: Volatility in commodity prices, especially in the oil and gas sector, can significantly impact the financial performance of Canadian Natural Resources Limited, leading to unpredictable earnings. Environmental concerns and regulatory challenges associated with oil and gas exploration and production activities could pose risks to the company's operations and future growth potential. Fluctuations in global energy demand and geopolitical factors may introduce uncertainties in the market, affecting the overall profitability and sustainability of Canadian Natural Resources Limited. Investors need to consider the cyclical nature of the energy industry, as downturns in the market could impact the company's revenue and stock performance. Market competition and technological advancements in renewable energy sources could pose long-term challenges to Canadian Natural Resources Limited's traditional oil and gas business model. 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 Wednesday, March 27, 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? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last twelve months. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CNQ shares. View CNQ analyst ratings or view top-rated stocks. What is Canadian Natural Resources' stock price target for 2024? 13 brokerages have issued twelve-month target prices for Canadian Natural Resources' shares. Their CNQ share price targets range from C$86.00 to C$115.00. On average, they anticipate the company's stock price to reach C$100.75 in the next year. This suggests that the stock has a possible downside of 2.5%. 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 C$86.81 on January 1st, 2024. Since then, CNQ stock has increased by 19.0% and is now trading at C$103.33. View the best growth stocks for 2024 here. 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 (TSE:CNQ) posted its quarterly earnings data on Thursday, February, 29th. The company reported $2.34 earnings per share for the quarter, beating analysts' consensus estimates of $2.14 by $0.20. The business had revenue of $9.55 billion for the quarter, compared to the consensus estimate of $9.04 billion. Canadian Natural Resources had a trailing twelve-month return on equity of 21.11% and a net margin of 22.89%. How often does Canadian Natural Resources pay dividends? What is the dividend yield for Canadian Natural Resources? Canadian Natural Resources declared a quarterly dividend on Thursday, February 29th. Investors of record on Friday, March 15th will be paid a dividend of 1.05 per share on Friday, April 5th. This represents a $4.20 annualized dividend and a yield of 4.06%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of C$1.00. Read our dividend analysis for CNQ. Is Canadian Natural Resources a good dividend stock? Canadian Natural Resources (TSE:CNQ) pays an annual dividend of C$3.85 per share and currently has a dividend yield of 3.74%. The dividend payout ratio is 51.54%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CNQ. 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 Intact Financial (IFC), Constellation Software (CSU), Enbridge (ENB), Suncor Energy (SU), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Air Canada (AC), Alimentation Couche-Tard (ATD.B), Vermilion Energy (VET) and Royal Bank of Canada (RY). How do I buy shares of Canadian Natural Resources? Shares of CNQ stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:CNQ) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingFed launches fourth dollar overhaulStansberry ResearchThe 3rd Revolution in WarfareWeiss Ratings 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. Adding Canadian Natural Resources Limited Please log in to your account or sign up in order to add this asset to your watchlist. 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