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Canadian Natural (CNQ)
NYSE:CNQ
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CNQ Stock Chart & Stats
Day’s Range― - ―
52-Week Range$29.23 - $41.29
Previous Close$32.5
Volume3.77M
Average Volume (3M)5.19M
Market Cap
$66.58B
Enterprise Value$106.59B
Total Cash (Recent Filing)$930.00M
Total Debt (Recent Filing)$14.99B
Price to Earnings (P/E)12.1
Beta0.72
Next Earnings
Feb 27, 2025EPS Estimate
0.65Last Dividend Ex-Date
Dec 13, 2024Dividend Yield4.94%
Share Statistics
EPS (TTM)2.60
Shares Outstanding2,109,858,000
10 Day Avg. Volume6,905,219
30 Day Avg. Volume5,188,491
Standard Deviation0.13
R-Squared0.37
Alpha0.00725
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.27
Price to Cash Flow (P/CF)5.90
P/FCF Ratio9.30
Enterprise Value/Market Cap1.60
Enterprise Value/Revenue-20.28
Enterprise Value/Gross Profit9.05
Enterprise Value/Ebitda13.90
Forecast
1Y Price Target
$38.23Price Target Upside24.12% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Canadian Natural News
PremiumCompany Announcements
Canadian Natural Resources Sets Ambitious 2025 Growth and Financial Targets
PremiumCompany Announcements
Canadian Natural Boosts Stake with Chevron AcquisitionPremiumCompany Announcements
Canadian Natural Prices Notes for Strategic Debt Management
Bulls Say, Bears Say
Bulls Say
Acquisition And GrowthCanadian 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 PerformanceCanadian Natural continues to deliver, providing another quarter of better-than-expected financial and operating performance.
Operational EfficiencyThe deployment of solvent enhanced recovery efforts is resulting in significant reductions in steam required and higher recovery factors.
Bears Say
Earnings EstimateThe 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
1.19% Insiders
26.05% Mutual Funds
0.44% Other Institutional Investors
64.43% 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 $29.23 and its highest was $41.29 in the past 12 months.
What is Canadian Natural’s market cap?
Canadian Natural’s market cap is $66.58B.
When is Canadian Natural’s upcoming earnings report date?
Canadian Natural’s upcoming earnings report date is Feb 27, 2025 which is in 40 days.
How were Canadian Natural’s earnings last quarter?
Canadian Natural released its earnings results on Oct 31, 2024. The company reported $0.674 earnings per share for the quarter, beating the consensus estimate of $0.631 by $0.042.
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 $0.392 which represents an annual dividend yield of 4.94%. See more information on Canadian Natural dividends here
What is Canadian Natural’s EPS estimate?
Canadian Natural’s EPS estimate is 0.65.
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 $0.674 in its last earnings report, beating expectations of $0.631. Following the earnings report the stock price went down -0.474%.
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:
$38.23 (24.12% Upside)
$38.23 (24.12% Upside)
Blogger Sentiment
Bullish
CNQ Sentiment 87%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Increased
By 135.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
1.54%
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
Earnings Call Sentiment|Positive
The earnings call highlighted strong production records and cost efficiency improvements, significant acquisitions, and financial performance with increased shareholder returns. However, there were production declines in certain segments and challenges in the natural gas sector.Read More>---
CNQ Stock 12 Month Forecast
Average Price Target
$38.23
▲(24.12% Upside)
Technical Analysis
Best Analysts Covering CNQ
1 Year
1 Year Success Rate
54/82 ratings generated profit
1 Year Average Return
+27.44%
reiterated a buy rating 4 days ago
Copying Gregory Pardy's trades and holding each position for 1 Year would result in 65.85% of your transactions generating a profit, with an average return of +27.44% per trade.
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