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Canadian Natural (CNQ)
NYSE:CNQ
Holding CNQ?
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CNQ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$29.46 - $41.29
Previous Close$32.86
Volume1.22M
Average Volume (3M)4.87M
Market Cap
$71.65B
Enterprise Value$124.13B
Total Cash (Recent Filing)C$5.49B
Total Debt (Recent Filing)C$79.48B
Price to Earnings (P/E)12.5
Beta0.91
Next Earnings
Oct 31, 2024EPS Estimate
$0.73Last Dividend Ex-Date
Sep 13, 2024Dividend Yield4.49%
Share Statistics
EPS (TTM)2.62
Shares Outstanding2,134,708,000
10 Day Avg. Volume5,979,276
30 Day Avg. Volume4,870,430
Standard Deviation0.13
R-Squared0.38
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)0.30
Price to Sales (P/S)1.11
Price to Cash Flow (P/CF)1.00
P/FCF Ratio1.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$39.62Price Target Upside17.18% Upside
Rating ConsensusHold
Number of Analyst Covering8
Canadian Natural News
PremiumCompany Announcements
Canadian Natural Continues Dividend Growth Streak
PremiumCompany Announcements
Canadian Natural Achieves Production Milestone
Bulls Say, Bears Say
Bulls Say
Cash FlowCash Flow Per Share (CFPS) came in higher than consensus estimates due to increased production and better realizations.
Operational EfficiencyTurnarounds for the company were completed ahead of schedule, showcasing strong operational efficiency.
ProductionProduction significantly exceeded expectations as new pads outperformed and turnarounds were completed ahead of schedule.
Bears Say
Capital ExpenditureCapex of ~C$1,621mn is higher than Cons/JEFe ~C$1,576mn/C$1,572mn, with guidance unchanged.
EarningsQ2'24 EPS estimate is lowered to C$0.78 from C$0.82, now below consensus of C$0.82.
Production ForecastFY24 production forecast of 1,344mbopd is below the midpoint of the guidance range of 1,330-1,380mbopd.
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Ownership Overview
2.05% Insiders
21.10% Mutual Funds
46.77% Other Institutional Investors
30.08% 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 Oct 31, 2024 which is in 42 days.
How were Canadian Natural’s earnings last quarter?
Canadian Natural released its earnings results on Aug 01, 2024. The company reported $0.646 earnings per share for the quarter, beating the consensus estimate of $0.588 by $0.057.
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 $0.39 which represents an annual dividend yield of 4.49%. See more information on Canadian Natural dividends here
What is Canadian Natural’s EPS estimate?
Canadian Natural’s EPS estimate is $0.73.
How many shares outstanding does Canadian Natural have?
Canadian Natural has 2,122,586,000 shares outstanding.
What happened to Canadian Natural’s price movement after its last earnings report?
Canadian Natural reported an EPS of $0.646 in its last earnings report, beating expectations of $0.588. Following the earnings report the stock price went down -1.455%.
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
Hold
Average Price Target:
$39.62 (17.18% Upside)
$39.62 (17.18% Upside)
Blogger Sentiment
Bullish
CNQ Sentiment 85%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 41.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $784.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.4%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
6.44%
12-Months-Change
Fundamentals
Return on Equity
19.51%
Trailing 12-Months
Asset Growth
-2.29%
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
Q2 2024
0:00 / 0:00
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CNQ Stock 12 Month Forecast
Average Price Target
$39.62
▲(17.18% Upside)
Technical Analysis
Best Analysts Covering CNQ
1 Year
1 Year Success Rate
55/80 ratings generated profit
1 Year Average Return
+28.44%
reiterated a buy rating 3 days ago
Copying Gregory Pardy's trades and holding each position for 1 Year would result in 68.75% of your transactions generating a profit, with an average return of +28.44% per trade.
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