NYSE:CNQ Canadian Natural Resources (CNQ) Stock Price, News & Analysis → Do This Today BEFORE Biden Wins in November (From Stansberry Research) (Ad) Free CNQ Stock Alerts $76.52 -1.01 (-1.30%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$76.48▼$78.4050-Day Range$70.49▼$82.3452-Week Range$52.66▼$82.58Volume1.05 million shsAverage Volume3.18 million shsMarket Capitalization$82.04 billionP/E Ratio15.24Dividend Yield3.86%Price Target$94.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Canadian Natural Resources alerts: Email Address Canadian Natural Resources MarketRank™ Stock AnalysisAnalyst RatingHold2.29 Rating ScoreUpside/Downside22.3% Upside$94.00 Price TargetShort InterestHealthy2.25% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-7.75Upright™ Environmental ScoreNews Sentiment0.68Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth20.49%From $5.71 to $6.88 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.60 out of 5 starsOils/Energy Sector18th out of 240 stocksCrude Petroleum & Natural Gas Industry7th out of 77 stocks 2.1 Analyst's Opinion Consensus RatingCanadian Natural Resources has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageCanadian Natural Resources has only been the subject of 1 research reports in the past 90 days.Read more about Canadian Natural Resources' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.25% of the float of Canadian Natural Resources has been sold short.Short Interest Ratio / Days to CoverCanadian Natural Resources has a short interest ratio ("days to cover") of 7.4.Change versus previous monthShort interest in Canadian Natural Resources has recently decreased by 24.67%, indicating that investor sentiment is improving significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipCanadian Natural Resources is a leading dividend payer. It pays a dividend yield of 3.95%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanadian Natural Resources has been increasing its dividend for 23 years.Dividend CoverageThe dividend payout ratio of Canadian Natural Resources is 58.77%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Canadian Natural Resources will have a dividend payout ratio of 42.88% next year. This indicates that Canadian Natural Resources will be able to sustain or increase its dividend.Read more about Canadian Natural Resources' dividend. Previous Next 0.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCanadian Natural Resources has received a -63.75% net impact score from Upright. The largest negative impact of Canadian Natural Resources in category "GHG emissions" seems to be driven mostly by its "Oil sand", "Bitumen", "Conventional crude oil", and "Conventional natural gas" products. See details.Environmental SustainabilityThe Environmental Impact score for Canadian Natural Resources is -7.75. Previous Next 2.0 News and Social Media Coverage News SentimentCanadian Natural Resources has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Canadian Natural Resources this week, compared to 5 articles on an average week.Search InterestOnly 35 people have searched for CNQ on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Canadian Natural Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -59% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canadian Natural Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.00% of the stock of Canadian Natural Resources is held by insiders.Percentage Held by Institutions74.03% of the stock of Canadian Natural Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Canadian Natural Resources' insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Canadian Natural Resources are expected to grow by 20.49% in the coming year, from $5.71 to $6.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Natural Resources is 15.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Natural Resources is 15.31, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.96.Price to Book Value per Share RatioCanadian Natural Resources has a P/B Ratio of 2.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Canadian Natural Resources' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchBiggest hedge fund manager has huge warning for U.S. dollarPrescient CEO Makes Shocking New Prediction Known for his eerily accurate market calls over the years, this CEO has just revealed his newest prediction about "America's New Money."Get the details before it's taken offline. About Canadian Natural Resources Stock (NYSE:CNQ)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. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.Read More CNQ Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNQ Stock News HeadlinesMay 3, 2024 | reuters.comUS stands to lose Canadian natural gas when LNG Canada terminal starts upMay 2, 2024 | oilprice.comCanadian Natural Resources Misses Q1 Earnings ExpectationsMay 10, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 2, 2024 | msn.comCanadian Natural considering major expansion of Horizon oil sands mine, CEO saysMay 2, 2024 | finance.yahoo.comCanadian Natural Resources Maintained at Buy at TPH After Q1 Results; Price Target at C$115.00May 2, 2024 | finance.yahoo.comUpdate: Canadian Natural Resources Q1 Adjusted Net Earnings Decline; National Bank of Canada Says Results Aligned with EstimatesMay 2, 2024 | ca.finance.yahoo.comCanadian Natural Resources misses first-quarter profit estimates on lower sales, pricingMay 2, 2024 | finance.yahoo.comUPDATE 2-Canadian Natural Resources misses first-quarter profit estimates on lower sales, pricingMay 10, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 2, 2024 | finance.yahoo.comCanadian Natural Resources Q1 Adjusted Net Earnings DeclineMay 2, 2024 | reuters.comCanadian Natural Resources misses first-quarter profit estimatesMay 1, 2024 | msn.comTrans Mountain may be 'the last pipeline' for Canada: Cenovus CEOMay 1, 2024 | msn.comTFSA: 3 Canadian Stocks to Buy and Hold ForeverApril 29, 2024 | finance.yahoo.comCanadian Natural Resources (TSE:CNQ) Is Doing The Right Things To Multiply Its Share PriceApril 27, 2024 | seekingalpha.comWhitecap Resources: This Is How I Love To Play The OilApril 26, 2024 | msn.com5 Top Canadian Dividend Stocks to Buy in May 2024April 20, 2024 | msn.com3 Canadian Energy Stocks Set for a Wave of Rising DividendsApril 6, 2024 | seekingalpha.comCanadian Natural Resources: Expect Huge Shareholder ReturnsApril 2, 2024 | benzinga.com$100 Invested In Canadian Natural Res 5 Years Ago Would Be Worth This Much TodayMarch 22, 2024 | seekingalpha.comCanadian Natural Resources: Fully Priced, Good Time To Consider SwitchingMarch 18, 2024 | msn.comIs Canadian Natural Resources Stock a Good Buy Right Now?March 13, 2024 | finance.yahoo.com20 Biggest Natural Gas Companies in the WorldMarch 5, 2024 | finance.yahoo.comThe Zacks Analyst Blog Highlights Broadcom, TotalEnergies, Lam Research, Dell Technologies and Canadian Natural ResourcesMarch 4, 2024 | seekingalpha.comCanadian Natural Resources: A Cash Cow That Milks DividendsMarch 2, 2024 | seekingalpha.comCanadian Natural Resources Limited (CNQ) Q4 2023 Earnings Call TranscriptMarch 2, 2024 | finance.yahoo.comCanadian Natural Resources Full Year 2023 Earnings: EPS Beats ExpectationsMarch 1, 2024 | finance.yahoo.comCanadian Natural Resources Limited (NYSE:CNQ) Q4 2023 Earnings Call TranscriptSee More Headlines Receive CNQ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canadian Natural Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/29/2024Ex-Dividend for 4/5 Dividend3/14/2024Dividend Payable4/05/2024Today5/10/2024Ex-Dividend for 7/5 Dividend6/17/2024Dividend Payable7/05/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:CNQ CUSIPN/A CIK1017413 Webwww.cnrl.com Phone(403) 514-7777Fax403-517-7350Employees10,272Year Founded1989Price Target and Rating Average Stock Price Target$94.00 High Stock Price Target$102.00 Low Stock Price Target$85.00 Potential Upside/Downside+22.3%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$5.02 Trailing P/E Ratio15.31 Forward P/E Ratio13.46 P/E GrowthN/ANet Income$6.10 billion Net Margins18.21% Pretax Margin22.80% Return on Equity20.58% Return on Assets10.69% Debt Debt-to-Equity Ratio0.23 Current Ratio0.88 Quick Ratio0.61 Sales & Book Value Annual Sales$30.25 billion Price / Sales2.73 Cash Flow$10.63 per share Price / Cash Flow7.23 Book Value$27.50 per share Price / Book2.80Miscellaneous Outstanding Shares1,072,140,000Free Float1,018,531,000Market Cap$82.43 billion OptionableOptionable Beta1.52 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Norman Murray Edwards O.C. (Age 64)Executive Chairman Comp: $8.5MMr. Scott G. Stauth (Age 58)President & Director Comp: $2.78MMr. Mark A. Stainthorpe C.F.A. (Age 46)CFO & Senior VP of Finance Comp: $1.88MRobin Sean Zabek (Age 52)Chief Operating Officer of Exploration & Production Comp: $945.16kVictor Clinton Darel C.A. (Age 42)CPA, Senior VP of Finance & Principal Accounting Officer Lance J. CassonManager of Investor RelationsBrenda Gayle BalogVP of Legal & General CounselMr. Ronald Keith Laing (Age 54)Senior Vice-President of Corporate Development & Land Mark Anthony Overwater (Age 56)Vice-President of Marketing Dean W. Halewich (Age 56)Senior Vice-President of Safety, Risk Management & Innovation More ExecutivesKey CompetitorsEOG ResourcesNYSE:EOGPioneer Natural ResourcesNYSE:PXDOccidental PetroleumNYSE:OXYENINYSE:ECenovus EnergyNYSE:CVEView All CompetitorsInstitutional OwnershipTwin Tree Management LPBought 199,700 shares on 5/10/2024Ownership: 0.000%Forge First Asset Management Inc.Sold 101,000 shares on 5/10/2024Ownership: 0.013%Cumberland Partners LtdSold 1,242 shares on 5/10/2024Ownership: 0.010%Tocqueville Asset Management L.P.Sold 796 shares on 5/10/2024Ownership: 0.003%Mitsubishi UFJ Trust & Banking CorpBought 4,400 shares on 5/10/2024Ownership: 0.001%View All Institutional Transactions CNQ Stock Analysis - Frequently Asked Questions Should I buy or sell Canadian Natural Resources stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CNQ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNQ, but not buy additional shares or sell existing shares. View CNQ analyst ratings or view top-rated stocks. What is Canadian Natural Resources' stock price target for 2024? 7 analysts have issued twelve-month price targets for Canadian Natural Resources' stock. Their CNQ share price targets range from $85.00 to $102.00. On average, they expect the company's share price to reach $94.00 in the next twelve months. This suggests a possible upside of 22.3% from the stock's current price. View analysts price targets for CNQ or view top-rated stocks among Wall Street analysts. How have CNQ shares performed in 2024? Canadian Natural Resources' stock was trading at $65.52 at the start of the year. Since then, CNQ shares have increased by 17.3% and is now trading at $76.88. View the best growth stocks for 2024 here. Are investors shorting Canadian Natural Resources? Canadian Natural Resources saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 23,630,000 shares, a drop of 24.7% from the April 15th total of 31,370,000 shares. Based on an average daily volume of 3,210,000 shares, the days-to-cover ratio is currently 7.4 days. Currently, 2.3% of the company's shares are sold short. View Canadian Natural Resources' Short Interest. When is Canadian Natural Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our CNQ earnings forecast. How were Canadian Natural Resources' earnings last quarter? Canadian Natural Resources Limited (NYSE:CNQ) announced its quarterly earnings data on Thursday, February, 29th. The oil and gas producer reported $1.72 EPS for the quarter, beating the consensus estimate of $1.59 by $0.13. The oil and gas producer had revenue of $7.02 billion for the quarter, compared to analyst estimates of $6.73 billion. Canadian Natural Resources had a trailing twelve-month return on equity of 20.58% and a net margin of 18.21%. How often does Canadian Natural Resources pay dividends? What is the dividend yield for Canadian Natural Resources? Canadian Natural Resources announced a quarterly dividend on Thursday, May 2nd. Investors of record on Monday, June 17th will be paid a dividend of $0.777 per share on Friday, July 5th. This represents a $3.11 annualized dividend and a dividend yield of 4.04%. The ex-dividend date of this dividend is Monday, June 17th. This is an increase from the stock's previous quarterly dividend of $0.77. Read our dividend analysis for CNQ. Is Canadian Natural Resources a good dividend stock? Canadian Natural Resources (NYSE:CNQ) pays an annual dividend of $2.95 per share and currently has a dividend yield of 3.95%. The company has been increasing its dividend for 23 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 58.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNQ will have a dividend payout ratio of 42.88% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CNQ. What ETFs hold Canadian Natural Resources' stock? ETFs with the largest weight of Canadian Natural Resources (NYSE:CNQ) stock in their portfolio include Franklin FTSE Canada ETF (FLCA), Invesco International BuyBack Achievers ETF (IPKW), JPMorgan BetaBuilders Canada ETF (BBCA), iShares MSCI Canada ETF (EWC), WisdomTree Global ex U.S. Quality Dividend Growth Fund (DNL), SPDR S&P North American Natural Resources ETF (NANR), Invesco International Dividend Achievers ETF (PID) and iShares North American Natural Resources ETF (IGE). When did Canadian Natural Resources' stock split? Shares of Canadian Natural Resources split on Tuesday, June 11th 2024. The 2-1 split was announced on Tuesday, June 11th 2024. The newly minted shares will be issued to shareholders after the closing bell on Tuesday, June 11th 2024. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. What is Tim S. McKay's approval rating as Canadian Natural Resources' CEO? 6 employees have rated Canadian Natural Resources Chief Executive Officer Tim S. McKay on Glassdoor.com. Tim S. McKay has an approval rating of 96% among the company's employees. This puts Tim S. McKay in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Canadian Natural Resources own? Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Natural Resources investors own include Pfizer (PFE), Intel (INTC), Micron Technology (MU), AbbVie (ABBV), Bank of America (BAC), Gilead Sciences (GILD), QUALCOMM (QCOM), AT&T (T), Cisco Systems (CSCO) and Suncor Energy (SU). Who are Canadian Natural Resources' major shareholders? Canadian Natural Resources' stock is owned by a number of retail and institutional investors. Top institutional investors include TD Asset Management Inc (2.02%), Swiss National Bank (0.30%), Principal Financial Group Inc. (0.29%), Sumitomo Mitsui Trust Holdings Inc. (0.24%), WCM Investment Management LLC (0.21%) and Addenda Capital Inc. (0.11%). How do I buy shares of Canadian Natural Resources? Shares of CNQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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