(CNQ) Canadian Natural Resources - Ratings and Ratios

Canadian Natural Resources Limited (CNQ) is a leading independent energy producer specializing in the exploration, development, production, and marketing of crude oil, natural gas, and natural gas liquids (NGLs). The company operates primarily in three regions: Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. Its product portfolio includes a diverse range of crude oil types, such as light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO). This diversification allows the company to capitalize on varying market demands and pricing dynamics.

Canadian Natural Resources also holds midstream assets, including two crude oil pipeline systems, which enhance its logistical capabilities and provide cost efficiencies in transporting its production to market. Additionally, the company has a 50% working interest in an 84-megawatt cogeneration plant located at its Primrose operations, further integrating its energy production and reducing reliance on external power sources. This infrastructure underscores its commitment to operational efficiency and sustainability.

Originally incorporated in 1973 as AEX Minerals Corporation, the company rebranded as Canadian Natural Resources Limited in December 1975, reflecting its strategic shift toward oil and gas production. Headquartered in Calgary, Alberta, the company has grown into one of Canadas largest oil and gas producers, with a strong focus on long-term value creation for shareholders, environmental stewardship, and safe operating practices.

Ticker Symbol: CNQ Exchange: TO Type: common stock Country Origin: Canada GICS Sub Industry: Oil & Gas Exploration & Production

Based on the provided data, here is a 3-month forecast:

Technical indicators suggest CNQ may face near-term resistance at the SMA50 level of 41.35, with support at the SMA200 level of 44.62. The average true range (ATR) of 1.52 indicates moderate volatility, suggesting potential price oscillations within a 3-5% range over the next quarter. Fundamental analysis highlights a forward P/E of 11.17, signaling potential undervaluation relative to future earnings. The return on equity (RoE) of 15.47% reflects strong profitability, which could support further share price appreciation. Overall, CNQ is expected to remain stable, with a potential upside driven by improving energy demand and operational efficiencies.