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Canadian Natural Resources NYSE:CNQ Stock Report

Last Price

US$30.12

Market Cap

US$64.4b

7D

2.1%

1Y

-7.8%

Updated

26 Dec, 2024

Data

Company Financials +

Canadian Natural Resources Limited

NYSE:CNQ Stock Report

Market Cap: US$64.4b

CNQ Stock Overview

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

CNQ fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health4/6
Dividends6/6

My Notes

Capture your thoughts, links and company narrative

Canadian Natural Resources Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Canadian Natural Resources
Historical stock prices
Current Share PriceCA$30.12
52 Week HighCA$41.29
52 Week LowCA$29.23
Beta1.82
1 Month Change-9.28%
3 Month Change-9.30%
1 Year Change-7.81%
3 Year Change43.94%
5 Year Change89.73%
Change since IPO1,628.92%

Recent News & Updates

Recent updates

Canadian Natural Resources: How We Would Play 2025

Dec 26

Canadian Natural Resources: Pullback Is A Golden Opportunity For Value Investors

Dec 10

Canadian Natural Resources: Prioritizing Shareholder Value

Nov 26

Canadian Natural Resources Q3: Another Solid Quarter

Nov 08

Top Pick Alert: Why I Just Became Even More Bullish On Canadian Natural Resources

Oct 31

Canadian Natural Resources Is Growing Its Assets

Oct 19

New Acquisition Makes Canadian Natural Resources A Very Comfortable Hold

Oct 09

Why Canadian Natural Resources Is A Dividend Goldmine

Sep 06

10% Return Yield At $80 WTI: Why Canadian Natural Remains My Favorite Oil Stock

Aug 02

Canadian Natural Resources: One Of The Best Oil And Gas Yields

Jul 17

Canadian Natural Resources Advantage: Low Breakeven Costs, High Reserves, And Strong Shareholder Returns

Jun 26

Canadian Natural Resources: Rising Premium To Peer Group Points To Lower Relative Performance

Jun 12

Canadian Natural Resources: My Top Pick For North American Oil And Gas

May 02

Canadian Natural Resources: Expect Huge Shareholder Returns

Apr 06

Canadian Natural Resources: Fully Priced, Good Time To Consider Switching

Mar 22

Canadian Natural: Solid Performance, But Valuation Remains A Headwind

Feb 07

A 12% Distribution Yield At $80 WTI Is Why I Sold Exxon To Buy Canadian Natural Resources

Jan 12

Canadian Natural Resources: Dividend Increases And Share Buybacks Holding Up Valuation Despite Deteriorating Fundamentals

Jan 04

Canadian Natural Resources: 2024, The Year Of The Shareholder

Nov 11

>16% Yield Potential - Why I Believe Canadian Natural Is The Best Oil Stock Money Can Buy

Nov 04

18% Yield Potential At $100 Oil: Why Canadian Natural Is My Favorite Oil Play

Sep 25

Canadian Natural Resources Is One Of The Best Oil Stocks Money Can Buy

Aug 04

Canadian Natural Resources: My Only Dividend Growth Investment

Jul 18

Canadian Natural Resources: Looking To Add More Stock To My Portfolio

Jun 28

Canadian Natural Resources: One Of The Best In The Industry

Jun 14

Canadian Natural Resources: One Of The Safest Ways To Play Oil

Feb 09

Canadian Natural Resources: 2023 Dividend Yield 5%, Together With Large Margin Of Safety

Jan 12

Canadian Natural Resources: A Changing Story You Need To Know

Dec 14

Canadian Natural Resources raises dividend by ~13% to CAD 0.85/share

Nov 03

Canadian Natural Resources: Don't Buy Here And Risk Getting Trapped

Oct 25

Canadian Natural Resources: "OPEC+ Put" Ensures Prolonged Dividend Growth

Oct 05

Canadian Natural Resources: 2023 Total Yield Will Be Even Better

Sep 12

Canadian Natural Resources: A New Golden Era For Dividends

Aug 26

Shareholder Returns

CNQUS Oil and GasUS Market
7D2.1%2.7%2.8%
1Y-7.8%5.3%24.5%

Return vs Industry: CNQ underperformed the US Oil and Gas industry which returned 5.3% over the past year.

Return vs Market: CNQ underperformed the US Market which returned 24.5% over the past year.

Price Volatility

Is CNQ's price volatile compared to industry and market?
CNQ volatility
CNQ Average Weekly Movement3.7%
Oil and Gas Industry Average Movement5.3%
Market Average Movement6.3%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: CNQ's weekly volatility (4%) 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 capUS$64.38b
Earnings (TTM)US$5.27b
Revenue (TTM)US$24.80b

12.2x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CNQ income statement (TTM)
RevenueCA$35.74b
Cost of RevenueCA$17.77b
Gross ProfitCA$17.97b
Other ExpensesCA$10.37b
EarningsCA$7.60b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.56
Gross Margin50.27%
Net Profit Margin21.25%
Debt/Equity Ratio25.1%

How did CNQ perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

58%

Payout Ratio

Does CNQ pay a reliable dividends?

See CNQ dividend history and benchmarks
When do you need to buy CNQ by to receive an upcoming dividend?
Canadian Natural Resources dividend dates
Ex Dividend DateDec 13 2024
Dividend Pay DateJan 03 2025
Days until Ex dividend14 days
Days until Dividend pay date7 days

Does CNQ pay a reliable dividends?

See CNQ dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 01:13
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Canadian Natural Resources Limited is covered by 55 analysts. 6 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