CNQ - Canadian Natural Resources - Stock & Dividends

Exchange: USA Stocks • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA1363851017

Crude Oil, Natural Gas, Natural Gas Liquids

Canadian Natural Resources Limited is a leading energy company that explores, develops, and produces crude oil, natural gas, and natural gas liquids (NGLs) from its vast resource base in Western Canada, the North Sea, and Offshore Africa.

The company's diverse portfolio of energy products includes light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO), catering to various market demands.

In addition to its upstream operations, Canadian Natural Resources Limited has a significant midstream presence, with two pipeline systems and a 50% working interest in an 84-megawatt cogeneration plant at Primrose, which generates power and steam for its operations.

With a rich history dating back to 1973, the company has undergone significant transformations, including a name change from AEX Minerals Corporation to Canadian Natural Resources Limited in 1975. Today, it is headquartered in Calgary, Canada, and operates globally, with a strong commitment to safety, sustainability, and community engagement.

For more information on Canadian Natural Resources Limited, please visit their website at https://www.cnrl.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for CNQ - Canadian Natural Resources  - Stock & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for CNQ - Canadian Natural Resources  - Stock & Dividends

CNQ Stock Overview

Market Cap in USD 76,049m
Sector Energy
Industry Oil & Gas E&P
GiC SubIndustry Oil & Gas Exploration & Production
TER 0.00%
IPO / Inception 1976-05-17

CNQ Stock Ratings

Growth 5y 81.0
Fundamental 60.2
Dividend 87.89
Rel. Performance vs Sector 0.18
Analysts 3.90/5
Fair Price Momentum 36.62 USD
Fair Price DCF 105.69 USD

CNQ Dividends

Dividend Yield 12m 4.14%
Yield on Cost 5y 14.10%
Dividends CAGR 5y 19.85%
Payout Consistency 97.3%

CNQ Growth Ratios

Growth 12m 31.18%
Growth Correlation 12m 59%
Growth Correlation 3m -51%
CAGR 5y 27.70%
CAGR/Mean DD 5y 2.01
Sharpe Ratio 12m 0.96
Alpha vs SP500 12m -7.39
Beta vs SP500 5y weekly 1.58
ValueRay RSI 30.36
Volatility GJR Garch 1y 26.61%
Price / SMA 50 -2.26%
Price / SMA 200 4.87%
Current Volume 6015.9k
Average Volume 20d 4446.2k

External Links for CNQ Stock

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What is the price of CNQ stocks?
As of July 13, 2024, the stock is trading at USD 35.53 with a total of 6,015,935 shares traded.
Over the past week, the price has changed by -1.39%, over one month by +1.59%, over three months by -9.29% and over the past year by +32.85%.
What are the forecast for CNQ stock price target?
According to ValueRays Forecast Model, CNQ Canadian Natural Resources will be worth about 40.9 in July 2025. The stock is currently trading at 35.53. This means that the stock has a potential upside of +15.11%.
Issuer Forecast Upside
Wallstreet Target Price 40.1 13.0
Analysts Target Price 71.5 101
ValueRay Target Price 40.9 15.1

Canadian Natural Resources Ltd: A Comprehensive Overview

A Glimpse into History

Canadian Natural Resources Ltd, widely known as CNRL or Canadian Natural, is an energy company that took its initial steps in Calgary, Alberta, in 1973. Starting out, its focus was primarily on natural gas and light crude oil exploration and production within Western Canada. Over the decades, CNRL expanded its reach, engaging in larger projects and diversifying its portfolio across North America and certain areas of the North Sea and offshore Africa. Its growth strategy included both the development of owned properties and strategic acquisitions, allowing it to stand today as one of Canada's largest crude oil and natural gas producers.

Core Business and Diversified Operations

The heart of Canadian Natural's operations lies in its exploration and production of natural gas and crude oil, with a significant focus on the sustainable development of its oil sands reserves. The company's portfolio includes a mix of natural gas, light and heavy crude oil, bitumen, and synthetic crude oil, showcasing its diversified production capabilities. Additionally, it has invested in pipeline assets and electricity generation, further expanding its range of operations and ensuring a level of self-sufficiency in its operations.

Alongside its core activities, Canadian Natural has pursued side businesses that complement its primary operations. It has ventured into midstream services, which include the transportation, storing, and marketing of its petroleum products. These side businesses not only provide a buffer against the volatility of the energy market but also create integrated value chains that enhance the company's operational efficiency and profitability.

Current Market Status

As of 2023, Canadian Natural Resources Ltd continues to play a significant role in the global energy market. Despite the challenges posed by fluctuating oil prices and the global shift towards renewable energy, CNRL has maintained a robust financial performance. Its strategic focus on cost management, efficiency improvements, and operational flexibility has allowed the company to navigate the complexities of the energy sector successfully. With a strong emphasis on sustainability and environmental stewardship, Canadian Natural aims to balance economic growth with a commitment to reducing its environmental footprint, positioning it well for future advancements in the energy industry.