Canadian Natural Resource/CNQ

$76.40

1.69%
-
1D1W1MYTD1YMAX

About Canadian Natural Resource

Canadian Natural Resources Limited is a Canada-based independent crude oil and natural gas exploration, development and production company. The Company's segments include exploration and production, oil sands mining and upgrading, and midstream and refining. The exploration and production segment is focused on North America, specifically in Western Canada; the United Kingdom portion of the North Sea, and Cote d'Ivoire and South Africa in Offshore Africa. The oil sands mining and upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations at Horizon Oil Sands and through its direct and indirect interest in the Athabasca Oil Sands Project. Within Western Canada in the midstream and refining segment, the Company maintains certain activities that include pipeline operations, an electricity co-generation system and an investment in the Northwest Redwater Partnership, a general partnership formed to upgrade and refine bitumen in the Province of Alberta.

Ticker

CNQ

Sector

Energy

Trading on

NYSE

Industry

Oil & Gas Operations

CEO

Scott Stauth

Employees

10,272

Headquarters

Calgary, Canada

CNQ Metrics

BasicAdvanced
$113B
Market cap
15.59
P/E ratio
$6.78
EPS
1.94
Beta
$3.85
Dividend rate
1.99%
Dividend yield
$113B
1.94133
$112.99
$69.83
6.6M
$3.85
0.878
0.607
26.529
31.829
56.11%
24.09
20.26%
9.81%
19.01%
10.97%
15.593
3.175
2.862
2.86
22.014
4.2%
3.64%
1.99%
-11.6%
-19.94%
28.65%
29.59%

What the Analysts think about CNQ

Analyst Ratings

Majority rating from 22 analysts.
Buy

Price Targets

Average projection from 20 analysts.
6.81% upside
High $92.16
Low $68.75
$76.40
Current price
$81.60
Average price target

CNQ Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
11.97% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$8.2B
-13.7%
Net income
$987M
-62.43%
Profit margin
11.97%
-56.46%

CNQ Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 6.56%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$1.14
$2.59
$2.34
$1.37
-
Expected
$1.04
$2.39
$2.15
$1.47
$1.92
Surprise
9.73%
8.54%
8.9%
-6.56%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Canadian Natural Resource stock?

Canadian Natural Resource (CNQ) has a market cap of $113B as of May 30, 2024.

What is the P/E ratio for Canadian Natural Resource stock?

The price to earnings (P/E) ratio for Canadian Natural Resource (CNQ) stock is 15.59 as of May 30, 2024.

Does Canadian Natural Resource stock pay dividends?

Yes, the Canadian Natural Resource (CNQ) stock pays dividends to shareholders. As of May 30, 2024, the dividend rate is $3.85 and the yield is 1.99%. Canadian Natural Resource has a payout ratio of 56.11% on a trailing twelve-month basis.

When is the next Canadian Natural Resource dividend payment date?

The next Canadian Natural Resource (CNQ) dividend payment is scheduled for July 05, 2024.

What is the beta indicator for Canadian Natural Resource?

Canadian Natural Resource (CNQ) has a beta rating of 1.94. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Canadian Natural Resource stock price target?

The target price for Canadian Natural Resource (CNQ) stock is $81.6, which is 6.81% above the current price of $76.4. This is an average based on projections from 20 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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