Canadian Natural Resources Limited

TSX:CNQ Stock Report

Market Cap: CA$83.2b

Canadian Natural Resources Dividends and Buybacks

Dividend criteria checks 5/6

Canadian Natural Resources is a dividend paying company with a current yield of 5.8% that is well covered by earnings.

Key information

5.8%

Dividend yield

2.9%

Buyback Yield

Total Shareholder Yield8.7%
Future Dividend Yield6.2%
Dividend Growth16.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCA$2.350
Payout ratio74%

Recent dividend and buyback updates

Recent updates

Does Canadian Natural Resources (TSE:CNQ) Have A Healthy Balance Sheet?

Apr 23
Does Canadian Natural Resources (TSE:CNQ) Have A Healthy Balance Sheet?

Canadian Natural Resources Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Mar 28
Canadian Natural Resources Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

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

Feb 28
The Return Trends At Canadian Natural Resources (TSE:CNQ) Look Promising

Canadian Natural Resources Limited's (TSE:CNQ) Popularity With Investors Is Under Threat From Overpricing

Jan 04
Canadian Natural Resources Limited's (TSE:CNQ) Popularity With Investors Is Under Threat From Overpricing

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

Nov 29
These 4 Measures Indicate That Canadian Natural Resources (TSE:CNQ) Is Using Debt Reasonably Well

Returns On Capital Are Showing Encouraging Signs At Canadian Natural Resources (TSE:CNQ)

Nov 12
Returns On Capital Are Showing Encouraging Signs At Canadian Natural Resources (TSE:CNQ)
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Chevron Asset Acquisition Fuels Dynamic Growth Strategy And Boosts Profit Potential

Nov 07 The acquisition and infrastructure expansions aim to increase production and transport capacity, potentially boosting revenues, netbacks, and profit margins.

Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 37% Undervaluation?

Aug 24
Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 37% Undervaluation?

Canadian Natural Resources Limited Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next

May 04
Canadian Natural Resources Limited Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: CNQ's dividends per share have been stable in the past 10 years.

Growing Dividend: CNQ's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Canadian Natural Resources Dividend Yield vs Market
How does CNQ dividend yield compare to the market?
SegmentDividend Yield
Company (CNQ)5.8%
Market Bottom 25% (CA)2.0%
Market Top 25% (CA)6.6%
Industry Average (Oil and Gas)5.0%
Analyst forecast (CNQ) (up to 3 years)6.2%

Notable Dividend: CNQ's dividend (5.8%) is higher than the bottom 25% of dividend payers in the Canadian market (2.02%).

High Dividend: CNQ's dividend (5.8%) is low compared to the top 25% of dividend payers in the Canadian market (6.62%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (74.4%), CNQ's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (61.6%), CNQ's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/22 17:56
End of Day Share Price 2025/04/22 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Canadian Natural Resources Limited is covered by 52 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Patrick O'RourkeATB Capital Markets
Thomas DriscollBarclays