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Canadian Natural (CNQ)
NYSE:CNQ
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CNQ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$29.46 - $41.29
Previous Close$34.17
Volume4.26M
Average Volume (3M)4.61M
Market Cap
$73.16B
Enterprise Value$82.03B
Total Cash (Recent Filing)C$915.00M
Total Debt (Recent Filing)C$13.25B
Price to Earnings (P/E)13.4
Beta0.75
Next Earnings
Feb 27, 2025EPS Estimate
$0.64Next Dividend Ex-Date
Dec 13, 2024Dividend Yield4.38%
Share Statistics
EPS (TTM)2.60
Shares Outstanding2,134,708,000
10 Day Avg. Volume3,800,978
30 Day Avg. Volume4,611,927
Standard Deviation0.13
R-Squared0.38
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)1.85
Price to Sales (P/S)2.42
Price to Cash Flow (P/CF)6.30
P/FCF Ratio10.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$41.03Price Target Upside20.08% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Canadian Natural News
PremiumCompany Announcements
Canadian Natural Expands Assets and Increases Dividends
Bulls Say, Bears Say
Bulls Say
Acquisition And Portfolio EnhancementCanadian Natural Resources is acquiring Chevron's remaining interests in the WCSB, which includes high-margin AOSP production and a stake in the upgrader, enhancing its oil sands portfolio.
Financial Performance And Cost ManagementCanadian Natural boasts the lowest breakeven oil price among its peers, allowing it to fund its sustaining capital and dividend even if oil prices drop.
Operational Efficiency And Cash FlowCanadian Natural Resources posted a cash flow per share that exceeded expectations due to lower operating expenses and higher natural gas realizations.
Bears Say
EarningsThe Q3'24 EPS estimate has been lowered to C$0.95 from C$1.01.
Production ForecastFY24 production forecast remains below the midpoint of the guidance range.
Shareholder ReturnsThe company's shareholder return potential could be constrained until it reaches its new net debt targets.
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Ownership Overview
1.15% Insiders
28.02% Mutual Funds
5.04% Other Institutional Investors
58.02% Public Companies and Individual Investors
CNQ FAQ
What was Canadian Natural’s price range in the past 12 months?
Canadian Natural lowest stock price was $29.45 and its highest was $41.29 in the past 12 months.
What is Canadian Natural’s market cap?
Currently, no data Available
When is Canadian Natural’s upcoming earnings report date?
Canadian Natural’s upcoming earnings report date is Feb 27, 2025 which is in 110 days.
How were Canadian Natural’s earnings last quarter?
Canadian Natural released its earnings results on Oct 31, 2024. The company reported $0.698 earnings per share for the quarter, beating the consensus estimate of $0.654 by $0.044.
Is Canadian Natural overvalued?
According to Wall Street analysts Canadian Natural’s price is currently Undervalued.
Does Canadian Natural pay dividends?
Canadian Natural pays a Quarterly dividend of $0.4 which represents an annual dividend yield of 4.38%. See more information on Canadian Natural dividends here
What is Canadian Natural’s EPS estimate?
Canadian Natural’s EPS estimate is $0.64.
How many shares outstanding does Canadian Natural have?
Canadian Natural has 2,109,858,000 shares outstanding.
What happened to Canadian Natural’s price movement after its last earnings report?
Canadian Natural reported an EPS of $0.698 in its last earnings report, beating expectations of $0.654. Following the earnings report the stock price went down -0.497%.
Which hedge fund is a major shareholder of Canadian Natural?
Among the largest hedge funds holding Canadian Natural’s share is Fisher Asset Management LLC. It holds Canadian Natural’s shares valued at 1B.
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Canadian Natural Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$41.03 (20.08% Upside)
$41.03 (20.08% Upside)
Blogger Sentiment
Bullish
CNQ Sentiment 86%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 41.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $145.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.5%
Last 30 Days ▲ 7.7%
Last 30 Days ▲ 7.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
14.64%
12-Months-Change
Fundamentals
Return on Equity
18.95%
Trailing 12-Months
Asset Growth
-1.54%
Trailing 12-Months
Company Description
Canadian Natural
Founded in 1973, Canadian Natural Resources Ltd. is an oil and natural gas production company. It is engaged in the exploration, development, marketing, and production of crude oil, natural gas, and natural gas liquids (NGLs).
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CNQ Earnings Call
Q3 2024
0:00 / 0:00
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CNQ Stock 12 Month Forecast
Average Price Target
$41.03
▲(20.08% Upside)
Technical Analysis
Best Analysts Covering CNQ
1 Year
1 Year Success Rate
57/82 ratings generated profit
1 Year Average Return
+28.26%
assigned a buy rating 6 days ago
Copying Gregory Pardy's trades and holding each position for 1 Year would result in 69.51% of your transactions generating a profit, with an average return of +28.26% per trade.
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