Brief Commentary On Canadian Natural Resources Limited’s (TSE:CNQ) Fundamentals

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Canadian Natural Resources Limited (TSE:CNQ) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of CNQ, it is a well-regarded dividend-paying company with a a strong history of delivering benchmark-beating performance. Below, I’ve touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Canadian Natural Resources here.

Established dividend payer with proven track record

TSX:CNQ Income Statement, May 22nd 2019
TSX:CNQ Income Statement, May 22nd 2019

For those seeking income streams from their portfolio, CNQ is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 4.1%.

TSX:CNQ Historical Dividend Yield, May 22nd 2019
TSX:CNQ Historical Dividend Yield, May 22nd 2019

Next Steps:

For Canadian Natural Resources, there are three key aspects you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for CNQ’s future growth? Take a look at our free research report of analyst consensus for CNQ’s outlook.
  2. Financial Health: Are CNQ’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of CNQ? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.