Canadian Natural Resources Limited (CNQ)
$
29.86
-1.58 (-5.29%)
Key metrics
Financial statements
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs). The company offers a diverse array of products, including synthetic crude oil (SCO), light and medium crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake heavy crude oil. In terms of operational performance, the operating income ratio is 0.47 indicating the company's operational profitability margin. The company also incurred an interest expense of $592,000,000.00 reflecting its debt servicing obligations, alongside an income tax expense of $1,953,000,000.00 which signifies its tax obligations. Its income before tax amounted to $8,059,000,000.00 showcasing its pre-tax profitability, while the net income ratio is 0.17 reflecting the company's profitability margin. The company's midstream and refining assets encompass two crude oil pipeline systems and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2020, the company had substantial reserves, including 10,528 million barrels (MMbbl) of total proved crude oil, bitumen, and NGLs, while total proved plus probable reserves stood at 13,271 MMbbl. Proved SCO reserves were 6,998 MMbbl, with total proved plus probable SCO reserves at 7,535 MMbbl. The company reported proved natural gas reserves of 12,168 billion cubic feet (Bcf) and total proved plus probable natural gas reserves of 20,249 Bcf. Canadian Natural Resources Limited operates primarily in Western Canada, the United Kingdom portion of the North Sea, and Offshore Africa. Originally known as AEX Minerals Corporation, the company rebranded to Canadian Natural Resources Limited in December 1975 and has been incorporated since 1973, with its headquarters located in Calgary, Canada. In the stock market, Canadian Natural Resources Limited presents itself as an attractive opportunity, with the stock being affordable at $31.01 making it suitable for budget-conscious investors. The stock has a high average trading volume of 7,335,549.00 indicating strong liquidity in the market. With a large market capitalization of $62,706,298,600.00 the company is a dominant player in its field. It is a key player in the Oil & Gas Exploration & Production industry, making significant contributions to the overall market landscape. Furthermore, it belongs to the Energy sector, driving innovation and growth within the industry.
Investing in Canadian Natural Resources Limited (CNQ) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as A-, with a Bearish outlook. Always conduct your own research before investing.
Analysts predict Canadian Natural Resources Limited stock to fluctuate between $25.62 (low) and $41.29 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-04-04, Canadian Natural Resources Limited's market cap is $62,706,298,600, based on 2,100,010,000 outstanding shares.
Compared to Exxon Mobil Corporation, Canadian Natural Resources Limited has a Lower Market-Cap, indicating a difference in performance.
Canadian Natural Resources Limited pays dividends. The current dividend yield is 5.19%, with a payout of $0.41 per share.
To buy Canadian Natural Resources Limited (CNQ) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for CNQ. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Canadian Natural Resources Limited's last stock split was 2:1 on 2024-06-11.
Revenue: $35,656,000,000 | EPS: $2.85 | Growth: -23.80%.
Visit https://www.cnrl.com/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $41.29 (2024-04-11) | All-time low: $11.20 (2021-01-29).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
seekingalpha.com
Energy stocks are proving their strength, outperforming the market despite oil price stagnation. Structural shifts, deglobalization, and inflation favor long-term upside. Shale growth is slowing, and oil companies are prioritizing cash flow over expansion. With rising costs, $70 oil is the new $50, limiting U.S. production at lower prices. Uncertainty in policy and tariffs adds pressure, but I see oil stabilizing near $90 long term. My top energy picks remain strong plays for income and capital appreciation.
seekingalpha.com
Canadian Natural Resources has been impacted by trade war concerns and weak prices but reported strong 4Q earnings, indicating potential for high shareholder returns. The company's robust reserves and financial results support a positive investment outlook. Despite market challenges, Canadian Natural Resources is positioned to deliver substantial shareholder value.
zacks.com
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
zacks.com
The average of price targets set by Wall Street analysts indicates a potential upside of 26.6% in Canadian Natural Resources (CNQ). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
zacks.com
Canadian Natural Resources (CNQ) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
seekingalpha.com
Dividend growth can be an important tool for income-focused investors to help combat the negative impact that inflation has on one's buying power. Another negative impact that it can help offset is names that cut or eliminate payouts; by having a diversified portfolio, the decrease in income can be reversed by others boosting. Every month, we screen for new potential opportunities by looking for names that have provided consistent and steady dividend growth over time but also take dividend safety metrics into consideration.
seekingalpha.com
Bearish sentiment is soaring, but I'm focused on the big picture. Elevated uncertainty means volatility, but long-term investors should stay disciplined and diversified. I'm avoiding short-term calls and prioritizing high-quality, high-yield stocks. These picks offer strong income, solid business models, and resilience in turbulent markets. My strategy? Focus on value, safety, and income. By investing in resilient sectors, I aim to build a portfolio that thrives through market cycles.
zacks.com
Canadian Natural Resources (CNQ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
seekingalpha.com
President Trump aims to lower oil prices, but domestic production growth faces challenges. The administration may turn to OPEC+ and political pressure to boost supply. Despite short-term volatility, my long-term oil thesis remains strong. U.S. producers remain competitive, and global demand continues to grow, supporting energy investments. I focus on high-quality oil and gas stocks with strong balance sheets, low breakeven prices, and deep reserves. These companies offer stability and long-term upside.
newsfilecorp.com
Calgary, Alberta--(Newsfile Corp. - March 10, 2025) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural") announced today that the Toronto Stock Exchange ("TSX") has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid ("NCIB") through the facilities of the TSX or other alternative Canadian trading systems. Purchases may also be made through the facilities of the New York Stock Exchange.
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