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Canadian Natural Resources NYSE:CNQ Stock Report

Last Price

US$76.83

Market Cap

US$82.4b

7D

-5.9%

1Y

28.6%

Updated

18 Apr, 2024

Data

Company Financials +

Canadian Natural Resources Limited

NYSE:CNQ Stock Report

Market Cap: US$82.4b

CNQ Stock Overview

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs).

CNQ fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance3/6
Financial Health4/6
Dividends5/6

Canadian Natural Resources Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Canadian Natural Resources
Historical stock prices
Current Share PriceCA$76.83
52 Week HighCA$82.58
52 Week LowCA$52.66
Beta1.98
1 Month Change4.57%
3 Month Change21.99%
1 Year Change28.59%
3 Year Change161.50%
5 Year Change154.74%
Change since IPO2,105.07%

Recent News & Updates

Canadian Natural Resources: Expect Huge Shareholder Returns

Apr 06

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

Mar 22

Recent updates

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

Canadian Natural Resources: Oil Price Pullback Is A Buying Opportunity

Aug 04

Buy The Canadian E&P Majors Now For Their Future Income Potential

Jul 21

Canadian Natural Resources: Collect Your Combined Yield Of 10.6%

Jun 24

Canadian Natural Resources: Still Room For Market-Beating Returns

May 12

Canadian Natural Resources: 2022 - The Year Of The Shareholder

Apr 05

Best Oil Stocks To Buy As Crude Prices Jump - Our Favorite Is CNQ

Mar 25

Canadian Natural Resources: Biggest Dividend Increase In History, Plenty More Coming

Mar 04

Canadian Natural Resources: A Dip Is Coming. Buy It

Feb 07

Shareholder Returns

CNQUS Oil and GasUS Market
7D-5.9%-3.5%-3.7%
1Y28.6%11.1%20.2%

Return vs Industry: CNQ exceeded the US Oil and Gas industry which returned 11.3% over the past year.

Return vs Market: CNQ exceeded the US Market which returned 20.5% over the past year.

Price Volatility

Is CNQ's price volatile compared to industry and market?
CNQ volatility
CNQ Average Weekly Movement3.6%
Oil and Gas Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

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$82.42b
Earnings (TTM)US$5.98b
Revenue (TTM)US$26.12b

13.8x

P/E Ratio

3.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CNQ income statement (TTM)
RevenueCA$35.97b
Cost of RevenueCA$17.78b
Gross ProfitCA$18.19b
Other ExpensesCA$9.95b
EarningsCA$8.23b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 02, 2024

Earnings per share (EPS)7.68
Gross Margin50.56%
Net Profit Margin22.89%
Debt/Equity Ratio27.1%

How did CNQ perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

49%

Payout Ratio
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