Canadian Natural Resources (CNQ) - Stock & Dividends

Exchange: Toronto Exchange • Country: Canada • Currency: CAD • 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 a diverse range of energy products, including crude oil, natural gas, and natural gas liquids (NGLs). The company's portfolio includes a variety of crude oil types, such as light and medium crude, heavy crude, and synthetic crude oil, catering to different market demands.

The company's midstream assets are strategically positioned to support its operations, featuring two pipeline systems and a 50% stake in an 84-megawatt cogeneration plant at Primrose, ensuring a reliable and efficient supply chain.

With a strong operational presence in Western Canada, the company also has a significant footprint in the United Kingdom portion of the North Sea and Offshore Africa, demonstrating its commitment to exploring and developing energy resources globally.

Canadian Natural Resources Limited has a rich history, dating back to 1973, when it was initially incorporated as AEX Minerals Corporation. The company underwent a name change to Canadian Natural Resources Limited in December 1975, solidifying its position as a major player in the energy industry. Today, the company is headquartered in Calgary, Canada, and continues to drive growth and innovation in the energy sector.

For more information, visit Canadian Natural Resources Limited's website at https://www.cnrl.com, where you can learn more about the company's operations, sustainability initiatives, and commitment to responsible energy development.

Drawdown (Underwater) Chart

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

Overall Trend and Yearly Seasonality

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

CNQ Stock Overview

Market Cap in USD 75,196m
Sector Energy
Industry Oil & Gas E&P
GiC SubIndustry Oil & Gas Exploration & Production
TER 0.00%
IPO / Inception

CNQ Stock Ratings

Growth 5y 84.5
Fundamental 10.1
Dividend 9.70
Rel. Performance vs Sector 1.23
Analysts -
Fair Price Momentum 50.66 CAD
Fair Price DCF 230.62 CAD

CNQ Dividends

Yield 12m 4.32%
Yield on Cost 5y 14.43%
Dividends CAGR 5y 20.29%
Payout Consistency 99.2%

CNQ Growth Ratios

Growth 12m 33.27%
Growth Correlation 12m 63%
Growth Correlation 3m -36%
CAGR 5y 27.31%
CAGR/Mean DD 5y 2.24
Sharpe Ratio 12m 1.11
Alpha vs SP500 12m 0.36
Beta vs SP500 5y weekly 1.30
ValueRay RSI 4.18
Volatility GJR Garch 1y 27.97%
Price / SMA 50 -9.69%
Price / SMA 200 1.67%
Current Volume 45447.2k
Average Volume 20d 16509.7k

External Links for CNQ Stock

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What is the price of CNQ stocks?
As of June 18, 2024, the stock is trading at CAD 46.25 with a total of 45,447,202 shares traded.
Over the past week, the price has changed by -4.16%, over one month by -10.82%, over three months by -5.84% and over the past year by +33.23%.
What are the forecast for CNQ stock price target?
According to ValueRays Forecast Model, CNQ Canadian Natural Resources will be worth about 56.6 in June 2025. The stock is currently trading at 46.25. This means that the stock has a potential upside of +22.27%.
Issuer Forecast Upside
Wallstreet Target Price 111.6 141
Analysts Target Price - -
ValueRay Target Price 56.6 22.3

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.