Canadian Natural Resources (CNQ) - Stock & Dividends

Exchange: Toronto Exchange • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA1363851017

(TO:CNQ Stock) 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. Web URL: https://www.cnrl.com

Drawdown (Underwater) Chart

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

CNQ Stock Overview

Market Cap in USD 65,475m
Sector Energy
Industry Oil & Gas E&P
GiC SubIndustry Oil & Gas Exploration & Production
TER 0.00%
IPO / Inception

CNQ Stock Ratings

Fundamental 2.83
Dividend 9.71
Growth 5y 8.38
Rel. Performance vs Sector 1.16
Analysts -
Fair Price Total Ret. 94.87
Fair Price DCF 170.82

CNQ Dividends

Yield 12m 4.20%
Yield on Cost 5y 13.19%
Dividends CAGR 5y 20.29%
Payout Consistency 99.2%

CNQ Growth Ratios

Growth 12m 20.11%
Growth Correlation 12m 53%
Growth Correlation 3m -26%
CAGR 5y 25.75%
CAGR / Mean Drawdown 1.95
Sharpe Ratio 12m 0.55
Alpha vs SP500 12m -16.97
Beta vs SP500 5y weekly 1.28
CAPM 8.79%
Average Daily Range 2m 1.94%
Regime Oscillator 84.52
Volatility GJR Garch 1y 29.15%
Price / SMA 50 3.16%
Price / SMA 200 7.61%
Current Volume 5232.3k
Average Volume 20d 4047.6k

External Links for CNQ Stock

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What is the price of CNQ stocks?
As of February 24, 2024, the stock is trading at CAD 88.19 with a total of 5,232,285 shares traded.
Over the past week, the price has changed by +3.56%, over one month by +4.42%, over three months by -0.10% and over the past year by +22.42%.
Why is CNQ stock down?
Check with which Index or Commodity CNQ has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return CNQ Return S&P 500
1 Month 4.42% 4.74%
3 Months -0.10% 11.99%
12 Months 22.42% 28.68%
What is the forecast for CNQ stock price target?
According to ValueRays Forecast Model, CNQ Canadian Natural Resources will be worth about 104.1 in February 2025. The stock is currently trading at 88.19. This means that the stock has a potential upside of +18.04%.
Issuer Forecast Upside
Wallstreet Target Price 95.6 8.4%
Analysts Target Price - -
ValueRay Target Price 104.1 18.0%

Canadian Natural Resources Ltd: A Comprehensive Overview

History

Canadian Natural Resources Ltd, often abbreviated as CNRL or CNQ, is a powerhouse in the oil and natural gas sector, with its roots tracing back to 1973. Starting as a small operation with limited resources, the company has grown exponentially over the years. Its founders aimed to create a robust, all-Canadian oil and natural gas company that could withstand the ups and downs of the market while capitalizing on the country’s rich natural resources.

Core Business

CNRL’s core business is the exploration, development, production, and marketing of crude oil, natural gas, and natural gas liquids. With operations spread across various regions, including North America, the North Sea, and Offshore Africa, the company has established itself as a leader in the industry. It manages a diverse portfolio of assets that allows it to optimize production and ensure financial stability.

Side Business

Beyond its primary focus, CNRL has also ventured into other areas related to its core operations. This includes electricity generation projects that not only support its operations but also contribute to the local power grids. Additionally, the company is involved in carbon capture and storage initiatives as part of its commitment to sustainability and reducing its environmental footprint.

Current Market Status

As of the last update, Canadian Natural Resources Ltd continues to be a dominant player in the oil and natural gas sector. Despite fluctuations in global oil prices and the challenges posed by external factors, CNRL has demonstrated resilience and adaptability. The company has maintained a solid financial performance, with strategic investments aimed at sustainable growth. It has also been focusing on increasing its efficiency and reducing costs without compromising on its commitment to environmental responsibility.