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Canadian Natural Resources TSX:CNQ Stock Report

Last Price

CA$106.30

Market Cap

CA$114.8b

7D

-5.6%

1Y

29.8%

Updated

17 Apr, 2024

Data

Company Financials +

Canadian Natural Resources Limited

TSX:CNQ Stock Report

Market Cap: CA$114.8b

CNQ Stock Overview

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs).

CNQ fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance3/6
Financial Health4/6
Dividends5/6

Canadian Natural Resources Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Canadian Natural Resources
Historical stock prices
Current Share PriceCA$106.30
52 Week HighCA$112.99
52 Week LowCA$69.83
Beta1.98
1 Month Change6.98%
3 Month Change25.81%
1 Year Change29.79%
3 Year Change185.68%
5 Year Change157.70%
Change since IPO34,610.20%

Recent News & Updates

Canadian Natural Resources Limited's (TSE:CNQ) Shares May Have Run Too Fast Too Soon

Apr 05
Canadian Natural Resources Limited's (TSE:CNQ) Shares May Have Run Too Fast Too Soon

Canadian Natural Resources' (TSE:CNQ) Dividend Will Be Increased To CA$1.05

Mar 05
Canadian Natural Resources' (TSE:CNQ) Dividend Will Be Increased To CA$1.05

Recent updates

Canadian Natural Resources Limited's (TSE:CNQ) Shares May Have Run Too Fast Too Soon

Apr 05
Canadian Natural Resources Limited's (TSE:CNQ) Shares May Have Run Too Fast Too Soon

Canadian Natural Resources' (TSE:CNQ) Dividend Will Be Increased To CA$1.05

Mar 05
Canadian Natural Resources' (TSE:CNQ) Dividend Will Be Increased To CA$1.05

Canadian Natural Resources Limited (TSE:CNQ) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Mar 02
Canadian Natural Resources Limited (TSE:CNQ) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Canadian Natural Resources Limited (TSE:CNQ) Shares Could Be 44% Below Their Intrinsic Value Estimate

Feb 25
Canadian Natural Resources Limited (TSE:CNQ) Shares Could Be 44% Below Their Intrinsic Value Estimate

We Like These Underlying Return On Capital Trends At Canadian Natural Resources (TSE:CNQ)

Feb 11
We Like These Underlying Return On Capital Trends At Canadian Natural Resources (TSE:CNQ)

Potential Upside For Canadian Natural Resources Limited (TSE:CNQ) Not Without Risk

Dec 18
Potential Upside For Canadian Natural Resources Limited (TSE:CNQ) Not Without Risk

We Think Canadian Natural Resources (TSE:CNQ) Can Stay On Top Of Its Debt

Dec 04
We Think Canadian Natural Resources (TSE:CNQ) Can Stay On Top Of Its Debt

Canadian Natural Resources Limited (TSE:CNQ) Shares Could Be 34% Below Their Intrinsic Value Estimate

Nov 20
Canadian Natural Resources Limited (TSE:CNQ) Shares Could Be 34% Below Their Intrinsic Value Estimate

Broker Revenue Forecasts For Canadian Natural Resources Limited (TSE:CNQ) Are Surging Higher

Nov 07
Broker Revenue Forecasts For Canadian Natural Resources Limited (TSE:CNQ) Are Surging Higher

The Return Trends At Canadian Natural Resources (TSE:CNQ) Look Promising

Sep 11
The Return Trends At Canadian Natural Resources (TSE:CNQ) Look Promising

Is Canadian Natural Resources (TSE:CNQ) Using Too Much Debt?

Aug 27
Is Canadian Natural Resources (TSE:CNQ) Using Too Much Debt?

Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 30% Undervaluation?

Aug 06
Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 30% Undervaluation?

Is Canadian Natural Resources (TSE:CNQ) A Risky Investment?

May 28
Is Canadian Natural Resources (TSE:CNQ) A Risky Investment?

Canadian Natural Resources (TSE:CNQ) Is Doing The Right Things To Multiply Its Share Price

May 14
Canadian Natural Resources (TSE:CNQ) Is Doing The Right Things To Multiply Its Share Price

We Ran A Stock Scan For Earnings Growth And Canadian Natural Resources (TSE:CNQ) Passed With Ease

Apr 04
We Ran A Stock Scan For Earnings Growth And Canadian Natural Resources (TSE:CNQ) Passed With Ease

These 4 Measures Indicate That Canadian Natural Resources (TSE:CNQ) Is Using Debt Safely

Feb 27
These 4 Measures Indicate That Canadian Natural Resources (TSE:CNQ) Is Using Debt Safely

Shareholders Would Enjoy A Repeat Of Canadian Natural Resources' (TSE:CNQ) Recent Growth In Returns

Feb 11
Shareholders Would Enjoy A Repeat Of Canadian Natural Resources' (TSE:CNQ) Recent Growth In Returns

Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 33% Undervaluation?

Jan 05
Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 33% Undervaluation?

If EPS Growth Is Important To You, Canadian Natural Resources (TSE:CNQ) Presents An Opportunity

Dec 24
If EPS Growth Is Important To You, Canadian Natural Resources (TSE:CNQ) Presents An Opportunity

Canadian Natural Resources (TSE:CNQ) Is Increasing Its Dividend To CA$0.85

Nov 30
Canadian Natural Resources (TSE:CNQ) Is Increasing Its Dividend To CA$0.85

Is Canadian Natural Resources (TSE:CNQ) Using Too Much Debt?

Nov 28
Is Canadian Natural Resources (TSE:CNQ) Using Too Much Debt?

Canadian Natural Resources' (TSE:CNQ) Dividend Will Be Increased To CA$0.85

Nov 16
Canadian Natural Resources' (TSE:CNQ) Dividend Will Be Increased To CA$0.85

Why We Like The Returns At Canadian Natural Resources (TSE:CNQ)

Oct 09
Why We Like The Returns At Canadian Natural Resources (TSE:CNQ)

Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 43% Undervaluation?

Sep 14
Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 43% Undervaluation?

If EPS Growth Is Important To You, Canadian Natural Resources (TSE:CNQ) Presents An Opportunity

Aug 26
If EPS Growth Is Important To You, Canadian Natural Resources (TSE:CNQ) Presents An Opportunity

Shareholder Returns

CNQCA Oil and GasCA Market
7D-5.6%-2.7%-3.0%
1Y29.8%11.5%3.2%

Return vs Industry: CNQ exceeded the Canadian Oil and Gas industry which returned 11.5% over the past year.

Return vs Market: CNQ exceeded the Canadian Market which returned 3.2% over the past year.

Price Volatility

Is CNQ's price volatile compared to industry and market?
CNQ volatility
CNQ Average Weekly Movement3.4%
Oil and Gas Industry Average Movement6.7%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

Stable Share Price: CNQ has not had significant price volatility in the past 3 months.

Volatility Over Time: CNQ's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197310,272Scott Stauthwww.cnrl.com

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.

Canadian Natural Resources Limited Fundamentals Summary

How do Canadian Natural Resources's earnings and revenue compare to its market cap?
CNQ fundamental statistics
Market capCA$114.75b
Earnings (TTM)CA$8.23b
Revenue (TTM)CA$35.97b

13.8x

P/E Ratio

3.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CNQ income statement (TTM)
RevenueCA$35.97b
Cost of RevenueCA$17.78b
Gross ProfitCA$18.19b
Other ExpensesCA$9.95b
EarningsCA$8.23b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 02, 2024

Earnings per share (EPS)7.68
Gross Margin50.56%
Net Profit Margin22.89%
Debt/Equity Ratio27.1%

How did CNQ perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

49%

Payout Ratio
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