Canadian Natural Resources (DB:CRC) - Stock Price, News & Analysis

CRC Stock Overview

Acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs).

CRC fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	4/6
Financial Health	4/6
Dividends	5/6

Rewards

Trading at 57.5% below our estimate of its fair value

Earnings are forecast to grow 1.33% per year

Earnings grew by 6.6% over the past year

Pays a reliable dividend of 4.44%

Risk Analysis

CRC passed our risk checks.

Canadian Natural Resources Limited Competitors

EOG Resources

NYSE:EOG

US$69.3b

Diamondback Energy

NasdaqGS:FANG

US$52.1b

ConocoPhillips

NYSE:COP

US$126.1b

Pioneer Natural Resources

NYSE:PXD

US$62.5b

Price History & Performance

Summary of all time highs, changes and price drops for Canadian Natural Resources
Historical stock prices
Current Share Price	CA$31.11
52 Week High	CA$38.14
52 Week Low	CA$27.58
Beta	1.89
11 Month Change	-0.22%
3 Month Change	2.00%
1 Year Change	-0.70%
33 Year Change	65.88%
5 Year Change	146.90%
Change since IPO	1,893.37%

Recent updates

Shareholder Returns

	CRC	DE Oil and Gas	DE Market
7D	-3.6%	-2.8%	-1.8%
1Y	-0.7%	-30.4%	13.2%

Return vs Industry: CRC exceeded the German Oil and Gas industry which returned -25.9% over the past year.

Return vs Market: CRC underperformed the German Market which returned 16.1% over the past year.

Price Volatility

Is CRC's price volatile compared to industry and market?
CRC volatility
CRC Average Weekly Movement	4.3%
Oil and Gas Industry Average Movement	6.1%
Market Average Movement	5.0%
10% most volatile stocks in DE Market	11.5%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: CRC has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: CRC's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1973	10,272	Scott Stauth	www.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?
CRC fundamental statistics
Market cap	€66.17b
Earnings (TTM)	€5.02b
Revenue (TTM)	€23.63b

13.2x

P/E Ratio

2.8x

P/S Ratio

Is CRC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CRC income statement (TTM)
Revenue	CA$35.74b
Cost of Revenue	CA$17.77b
Gross Profit	CA$17.97b
Other Expenses	CA$10.37b
Earnings	CA$7.60b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.59
Gross Margin	50.27%
Net Profit Margin	21.25%
Debt/Equity Ratio	25.1%

How did CRC perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

52%

Payout Ratio

Does CRC pay a reliable dividends?

See CRC dividend history and benchmarks

When do you need to buy CRC by to receive an upcoming dividend?
Canadian Natural Resources dividend dates
Ex Dividend Date	Dec 13 2024
Dividend Pay Date	Jan 03 2025
Days until Ex dividend	40 days
Days until Dividend pay date	61 days

Does CRC pay a reliable dividends?

See CRC dividend history and benchmarks

CRC Stock Overview

Rewards

Risk Analysis

Canadian Natural Resources Limited Competitors

NYSE:EOG

US$69.3b

NasdaqGS:FANG

US$52.1b

NYSE:COP

US$126.1b

NYSE:PXD

US$62.5b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: CA$1.07 (vs CA$1.08 in 3Q 2023)

Dividend of CA$0.56 announced

Canadian Natural Resources Limited Declares Quarterly Cash Dividend, Payable on January 3, 2025

Canadian Natural Resources Limited to Report Q3, 2024 Results on Oct 31, 2024

Upcoming dividend of CA$0.53 per share

Second quarter dividend of CA$0.53 announced

Recent updates

Third quarter 2024 earnings released: EPS: CA$1.07 (vs CA$1.08 in 3Q 2023)

Dividend of CA$0.56 announced

Canadian Natural Resources Limited Declares Quarterly Cash Dividend, Payable on January 3, 2025

Canadian Natural Resources Limited to Report Q3, 2024 Results on Oct 31, 2024

Upcoming dividend of CA$0.53 per share

Second quarter dividend of CA$0.53 announced

Second quarter 2024 earnings released: EPS: CA$0.80 (vs CA$0.67 in 2Q 2023)

Canadian Natural Resources Limited to Report Q2, 2024 Results on Aug 01, 2024

Upcoming dividend of CA$0.53 per share

First quarter dividend of CA$1.05 announced

First quarter 2024 earnings released: EPS: CA$0.92 (vs CA$1.64 in 1Q 2023)

Canadian Natural Resources Limited to Report Q1, 2024 Results on May 02, 2024

Executive Chairman recently sold €17m worth of stock

Upcoming dividend of CA$1.05 per share

Fourth quarter dividend of CA$1.05 announced

Full year 2023 earnings released: EPS: CA$7.54 (vs CA$9.64 in FY 2022)

Canadian Natural Resources Limited Declares Cash Dividend, Payable on April 5, 2024

Canadian Natural Resources Limited, Annual General Meeting, May 02, 2024

Canadian Natural Resources Limited to Report Q4, 2023 Results on Feb 29, 2024

Executive Chairman recently sold €29m worth of stock

Upcoming dividend of CA$1.00 per share at 4.4% yield

Independent Director recently sold €23m worth of stock

Canadian Natural Resources Limited Declares Quarterly Dividend, Payable on January 5, 2024; Provides Dividend Guidance for the Year 2023

Canadian Natural Resources Limited Announces Executive Changes

Third quarter 2023 earnings released: EPS: CA$2.15 (vs CA$2.52 in 3Q 2022)

Canadian Natural Resources Limited to Report Q3, 2023 Results on Nov 02, 2023

Independent Director recently sold €24m worth of stock

Upcoming dividend of CA$0.90 per share at 4.0% yield

Independent Director recently sold €4.4m worth of stock

Canadian Natural Resources Limited Declares Quarterly Cash Dividend, Payable on October 5, 2023

Second quarter 2023 earnings released: EPS: CA$1.34 (vs CA$3.04 in 2Q 2022)

Canadian Natural Resources Limited to Report Q2, 2023 Results on Aug 03, 2023

Upcoming dividend of CA$0.90 per share at 4.8% yield

Independent Director recently sold €771k worth of stock

Independent Director recently sold €3.1m worth of stock

Canadian Natural Resources Limited Declares Quarterly Cash Dividend, Payable on July 5, 2023

First quarter 2023 earnings released: EPS: CA$1.63 (vs CA$2.66 in 1Q 2022)

Director recently sold €804k worth of stock

Director recently sold €83k worth of stock

Director recently sold €349k worth of stock

Upcoming dividend of CA$0.90 per share at 4.5% yield

Full year 2022 earnings released: EPS: CA$9.64 (vs CA$6.49 in FY 2021)

Canadian Natural Resources Limited, Annual General Meeting, May 04, 2023

Canadian Natural Resources Limited to Report Q4, 2022 Results on Mar 02, 2023

Now 20% undervalued after recent price drop

VP of Legal recently sold €168k worth of stock

Director recently sold €771k worth of stock

Director recently sold €70k worth of stock

Upcoming dividend of CA$0.85 per share

Insider recently sold €98k worth of stock

Director recently sold €222k worth of stock

Director recently sold €5.6m worth of stock

Insufficient new directors

Canadian Natural Resources Limited Approves 13% Increase in Quarterly Dividend, Payable on January 5, 2023

Third quarter 2022 earnings released: EPS: CA$2.52 (vs CA$1.87 in 3Q 2021)

Insider recently sold €260k worth of stock

Investor sentiment improved over the past week

Canadian Natural Resources Limited to Report Q3, 2022 Results on Nov 03, 2022

Director recently sold €842k worth of stock