CNQ Stock Overview
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs).
Canadian Natural Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$80.78|
|52 Week High||CA$88.18|
|52 Week Low||CA$37.82|
|1 Month Change||-2.68%|
|3 Month Change||18.05%|
|1 Year Change||92.98%|
|3 Year Change||120.35%|
|5 Year Change||95.69%|
|Change since IPO||66,181.03%|
Recent News & Updates
Here's Why I Think Canadian Natural Resources (TSE:CNQ) Might Deserve Your Attention Today
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Canadian Natural Resources (TSE:CNQ) Has A Pretty Healthy Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|CNQ||CA Oil and Gas||CA Market|
Return vs Industry: CNQ exceeded the Canadian Oil and Gas industry which returned 54.5% over the past year.
Return vs Market: CNQ exceeded the Canadian Market which returned 4.3% over the past year.
|CNQ Average Weekly Movement||5.1%|
|Oil and Gas Industry Average Movement||10.3%|
|Market Average Movement||9.8%|
|10% most volatile stocks in CA Market||16.7%|
|10% least volatile stocks in CA Market||4.2%|
Stable Share Price: CNQ is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CNQ's weekly volatility (5%) has been stable over the past year.
About the Company
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers synthetic crude oil (SCO), light and medium crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake heavy crude oil. Its midstream and refining assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose.
Canadian Natural Resources Fundamentals Summary
|CNQ fundamental statistics|
Is CNQ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CNQ income statement (TTM)|
|Cost of Revenue||CA$14.96b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||8.13|
|Net Profit Margin||27.51%|
How did CNQ perform over the long term?See historical performance and comparison
3.7%Current Dividend Yield
Does CNQ pay a reliable dividends?See CNQ dividend history and benchmarks
|Canadian Natural Resources dividend dates|
|Ex Dividend Date||Jun 16 2022|
|Dividend Pay Date||Jul 05 2022|
|Days until Ex dividend||28 days|
|Days until Dividend pay date||47 days|
Does CNQ pay a reliable dividends?See CNQ dividend history and benchmarks
Is Canadian Natural Resources undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CNQ (CA$80.78) is trading below our estimate of fair value (CA$127.95)
Significantly Below Fair Value: CNQ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CNQ is poor value based on its PE Ratio (9.9x) compared to the Canadian Oil and Gas industry average (7.7x).
PE vs Market: CNQ is good value based on its PE Ratio (9.9x) compared to the Canadian market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: CNQ's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CNQ is overvalued based on its PB Ratio (2.4x) compared to the CA Oil and Gas industry average (1.9x).
How is Canadian Natural Resources forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNQ's earnings are forecast to decline over the next 3 years (-17% per year).
Earnings vs Market: CNQ's earnings are forecast to decline over the next 3 years (-17% per year).
High Growth Earnings: CNQ's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CNQ's revenue is expected to decline over the next 3 years (-6.4% per year).
High Growth Revenue: CNQ's revenue is forecast to decline over the next 3 years (-6.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CNQ's Return on Equity is forecast to be high in 3 years time (21%)
How has Canadian Natural Resources performed over the past 5 years?
Past Performance Score6/6
Past Performance Score 6/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CNQ has high quality earnings.
Growing Profit Margin: CNQ's current net profit margins (27.5%) are higher than last year (11.7%).
Past Earnings Growth Analysis
Earnings Trend: CNQ's earnings have grown significantly by 22.6% per year over the past 5 years.
Accelerating Growth: CNQ's earnings growth over the past year (322.1%) exceeds its 5-year average (22.6% per year).
Earnings vs Industry: CNQ earnings growth over the past year (322.1%) exceeded the Oil and Gas industry 185%.
Return on Equity
High ROE: CNQ's Return on Equity (24.4%) is considered high.
How is Canadian Natural Resources's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CNQ's short term assets (CA$7.2B) do not cover its short term liabilities (CA$9.7B).
Long Term Liabilities: CNQ's short term assets (CA$7.2B) do not cover its long term liabilities (CA$29.9B).
Debt to Equity History and Analysis
Debt Level: CNQ's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: CNQ's debt to equity ratio has reduced from 62% to 36.1% over the past 5 years.
Debt Coverage: CNQ's debt is well covered by operating cash flow (106.4%).
Interest Coverage: CNQ's interest payments on its debt are well covered by EBIT (17.3x coverage).
What is Canadian Natural Resources's current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CNQ's dividend (3.71%) is higher than the bottom 25% of dividend payers in the Canadian market (1.88%).
High Dividend: CNQ's dividend (3.71%) is low compared to the top 25% of dividend payers in the Canadian market (4.99%).
Stability and Growth of Payments
Stable Dividend: CNQ's dividends per share have been stable in the past 10 years.
Growing Dividend: CNQ's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.5%), CNQ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.9%), CNQ's dividend payments are well covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tim McKay (59 yo)
Mr. Timothy Shawn McKay, also known as Tim, has been President and Director of Canadian Natural Resources Limited since March 01, 2018 and February 2018 respectively. Prior thereto, Mr. McKay joined the Co...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD7.38M) is about average for companies of similar size in the Canadian market ($USD7.25M).
Compensation vs Earnings: Tim's compensation has increased by more than 20% in the past year.
Experienced Management: CNQ's management team is considered experienced (4.6 years average tenure).
Experienced Board: CNQ's board of directors are seasoned and experienced ( 13.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CNQ insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Canadian Natural Resources Limited's employee growth, exchange listings and data sources
- Name: Canadian Natural Resources Limited
- Ticker: CNQ
- Exchange: TSX
- Founded: 1973
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: CA$93.386b
- Shares outstanding: 1.15b
- Website: https://www.cnrl.com
Number of Employees
- Canadian Natural Resources Limited
- 2100, 855-2nd Street S.W.
- T2P 4J8
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/17 00:00|
|End of Day Share Price||2022/05/17 00:00|
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 here.