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Canadian Natural Resources Limited is an oil & gas e&p business based in the US. Canadian Natural Resources shares (CNQ) are listed on the NYSE and all prices are listed in US Dollars. Canadian Natural Resources employs 10,180 staff and has a market cap (total outstanding shares value) of USD$28.2 billion.
|Latest market close||USD$24.13|
|52-week range||USD$6.1649 - USD$30.1258|
|50-day moving average||USD$22.93|
|200-day moving average||USD$19.1497|
|Wall St. target price||USD$40.74|
|Dividend yield||USD$1.33 (5.51%)|
|Earnings per share (TTM)||USD$2.308|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-12)||-10.10%|
|1 month (2020-12-18)||24.13|
|3 months (2020-10-19)||38.52%|
|6 months (2020-07-17)||38.92%|
|1 year (2020-01-17)||-23.90%|
|2 years (2019-01-18)||-12.25%|
|3 years (2018-01-19)||36.15|
|5 years (2016-01-19)||53.11%|
Valuing Canadian Natural Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Canadian Natural Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Canadian Natural Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Canadian Natural Resources shares trade at around 10x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Canadian Natural Resources's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 12.75. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Canadian Natural Resources's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Gross profit TTM||USD$11.9 billion|
|Return on assets TTM||0.28%|
|Return on equity TTM||-1.75%|
|Market capitalisation||USD$28.2 billion|
TTM: trailing 12 months
There are currently 8.5 million Canadian Natural Resources shares held short by investors – that's known as Canadian Natural Resources's "short interest". This figure is 11.5% up from 7.6 million last month.
There are a few different ways that this level of interest in shorting Canadian Natural Resources shares can be evaluated.
Canadian Natural Resources's "short interest ratio" (SIR) is the quantity of Canadian Natural Resources shares currently shorted divided by the average quantity of Canadian Natural Resources shares traded daily (recently around 3.7 million). Canadian Natural Resources's SIR currently stands at 2.29. In other words for every 100,000 Canadian Natural Resources shares traded daily on the market, roughly 2290 shares are currently held short.
However Canadian Natural Resources's short interest can also be evaluated against the total number of Canadian Natural Resources shares, or, against the total number of tradable Canadian Natural Resources shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Canadian Natural Resources's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Canadian Natural Resources shares in existence, roughly 10 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Canadian Natural Resources shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Canadian Natural Resources.
Find out more about how you can short Canadian Natural Resources stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Canadian Natural Resources.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 39.03
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Canadian Natural Resources's overall score of 39.03 (as at 01/01/2019) is pretty weak – landing it in it in the 75th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Canadian Natural Resources is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 19.09/100
Canadian Natural Resources's environmental score of 19.09 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Canadian Natural Resources is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 11.97/100
Canadian Natural Resources's social score of 11.97 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Canadian Natural Resources is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 11.97/100
Canadian Natural Resources's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that Canadian Natural Resources is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Canadian Natural Resources scored a 1 out of 5 for controversy – the highest score possible, reflecting that Canadian Natural Resources has managed to keep its nose clean.
|Total ESG score||39.03|
|Total ESG percentile||74.78|
|Environmental score percentile||7|
|Social score percentile||7|
|Governance score percentile||7|
|Level of controversy||1|
We're not expecting Canadian Natural Resources to pay a dividend over the next 12 months.
Canadian Natural Resources's shares were split on a 2:1 basis on 1 June 2010. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Canadian Natural Resources shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Canadian Natural Resources shares which in turn could have impacted Canadian Natural Resources's share price.
Over the last 12 months, Canadian Natural Resources's shares have ranged in value from as little as $6.1649 up to $30.1258. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Canadian Natural Resources's is 2.2645. This would suggest that Canadian Natural Resources's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Canadian Natural Resources Limited explores for, develops, produces, and markets crude oil, natural gas, and natural gas liquids (NGLs). The company offers synthetic crude oil (SCO), light and medium crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake heavy crude oil. Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2019, the company had gross proved crude oil, bitumen, SCO, and NGLs reserves totaled 9,917 million barrels; gross proved plus probable crude oil, bitumen, SCO, and NGLs reserves totaled 12,651 million barrels; proved natural gas reserves totaled 6,460 billion cubic feet; and gross proved plus probable natural gas reserves totaled 9,607 billion cubic feet. 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.
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