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Canadian Natural (CNQ)
NYSE:CNQ
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CNQ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$29.46 - $41.29
Previous Close$30.61
Volume4.13M
Average Volume (3M)4.41M
Market Cap
$64.56B
Enterprise Value$73.17B
Total Cash (Recent Filing)C$915.00M
Total Debt (Recent Filing)C$13.25B
Price to Earnings (P/E)11.7
Beta0.74
Next Earnings
Feb 27, 2025EPS Estimate
$0.65Last Dividend Ex-Date
Dec 13, 2024Dividend Yield4.94%
Share Statistics
EPS (TTM)2.60
Shares Outstanding2,134,708,000
10 Day Avg. Volume4,824,192
30 Day Avg. Volume4,412,508
Standard Deviation0.13
R-Squared0.36
Alpha0.00998
Financial Highlights & Ratios
Price to Book (P/B)1.61
Price to Sales (P/S)2.20
Price to Cash Flow (P/CF)5.70
P/FCF Ratio9.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$40.20Price Target Upside35.35% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Canadian Natural News
PremiumCompany Announcements
Canadian Natural Boosts Stake with Chevron Acquisition
PremiumCompany Announcements
Canadian Natural Prices Notes for Strategic Debt Management
PremiumCompany Announcements
Canadian Natural Expands Assets and Increases Dividends
Bulls Say, Bears Say
Bulls Say
Acquisition StrategyCanadian Natural is acquiring Chevron's remaining interests in the WCSB, including a significant stake in the Athabasca Oil Sands, which enhances its oil sands mining portfolio and free cash flow potential.
Cost Management And EfficiencyThe company's capital expenditures were significantly lower than expected, indicating effective cost management.
Operational PerformanceCanadian Natural continues to deliver, providing another quarter of better-than-expected financial and operating performance.
Bears Say
Earnings ForecastThe Q3'24 EPS estimate has been lowered to C$0.95 from C$1.01.
Production OutlookFY24 production forecast remains below the midpoint of the guidance range.
Shareholder ReturnsThe company's shareholder return potential could be constrained until it reaches its new net debt targets.
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Ownership Overview
1.19% Insiders
26.61% Mutual Funds
36.33% Other Institutional Investors
27.98% Public Companies and Individual Investors
CNQ FAQ
What was Canadian Natural’s price range in the past 12 months?
Canadian Natural lowest stock price was $29.45 and its highest was $41.29 in the past 12 months.
What is Canadian Natural’s market cap?
Currently, no data Available
When is Canadian Natural’s upcoming earnings report date?
Canadian Natural’s upcoming earnings report date is Feb 27, 2025 which is in 70 days.
How were Canadian Natural’s earnings last quarter?
Canadian Natural released its earnings results on Oct 31, 2024. The company reported $0.678 earnings per share for the quarter, beating the consensus estimate of $0.635 by $0.043.
Is Canadian Natural overvalued?
According to Wall Street analysts Canadian Natural’s price is currently Undervalued.
Does Canadian Natural pay dividends?
Canadian Natural pays a Quarterly dividend of $0.393 which represents an annual dividend yield of 4.94%. See more information on Canadian Natural dividends here
What is Canadian Natural’s EPS estimate?
Canadian Natural’s EPS estimate is $0.65.
How many shares outstanding does Canadian Natural have?
Canadian Natural has 2,109,858,000 shares outstanding.
What happened to Canadian Natural’s price movement after its last earnings report?
Canadian Natural reported an EPS of $0.678 in its last earnings report, beating expectations of $0.635. Following the earnings report the stock price went down -0.474%.
Which hedge fund is a major shareholder of Canadian Natural?
Among the largest hedge funds holding Canadian Natural’s share is Fisher Asset Management LLC. It holds Canadian Natural’s shares valued at 1B.
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Canadian Natural Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$40.20 (35.35% Upside)
$40.20 (35.35% Upside)
Blogger Sentiment
Bullish
CNQ Sentiment 85%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 135.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $349.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 6.7%
Last 30 Days ▼ 6.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
2.76%
12-Months-Change
Fundamentals
Return on Equity
18.95%
Trailing 12-Months
Asset Growth
-1.54%
Trailing 12-Months
Company Description
Canadian Natural
Founded in 1973, Canadian Natural Resources Ltd. is an oil and natural gas production company. It is engaged in the exploration, development, marketing, and production of crude oil, natural gas, and natural gas liquids (NGLs).
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CNQ Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong production records and cost efficiency improvements, significant acquisitions, and financial performance with increased shareholder returns. However, there were production declines in certain segments and challenges in the natural gas sector.Read More>---
CNQ Stock 12 Month Forecast
Average Price Target
$40.20
▲(35.35% Upside)
Technical Analysis
Best Analysts Covering CNQ
1 Year
1 Year Success Rate
53/82 ratings generated profit
1 Year Average Return
+27.23%
assigned a buy rating 2 months ago
Copying Gregory Pardy's trades and holding each position for 1 Year would result in 64.63% of your transactions generating a profit, with an average return of +27.23% per trade.
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