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Canadian Natural Resources Ltd 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 9,735 staff and has a trailing 12-month revenue of around $41.8 billion.
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| Latest market close | $54.87 |
|---|---|
| 52-week range | $35.56 - $67.79 |
| 50-day moving average | $56.64 |
| 200-day moving average | $56.81 |
| Wall St. target price | $74.61 |
| PE ratio | 7.4777 |
| Dividend yield | $2.837 (4.16%) |
| Earnings per share (TTM) | $7.64 |
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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.
Historical closes compared with the close of $54.87 from 2022-12-08
| 1 week (2022-12-02) | -8.49% |
|---|---|
| 1 month (2022-11-09) | -6.73% |
| 3 months (2022-09-09) | -0.60% |
| 6 months (2022-06-08) | -19.69% |
| 1 year (2021-12-09) | 32.28% |
|---|---|
| 2 years (2020-12-09) | 125.71% |
| 3 years (2019-12-09) | 85.31% |
| 5 years (2017-12-08) | 54.21% |
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 7x. In other words, Canadian Natural Resources shares trade at around 7x 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.
Canadian Natural Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $22.7 billion.
The EBITDA is a measure of a Canadian Natural Resources's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $41.8 billion |
|---|---|
| Operating margin TTM | 40.99% |
| Gross profit TTM | $16.3 billion |
| Return on assets TTM | 14.03% |
| Return on equity TTM | 32.45% |
| Profit margin | 28.58% |
| Book value | $34.38 |
| Market capitalisation | $63.3 billion |
TTM: trailing 12 months
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.
Canadian Natural Resources Ltd was last rated for ESG on: 2019-01-01.
| Total ESG score | 39.03 |
|---|---|
| Total ESG percentile | 74.78 |
| Environmental score | 19.09 |
| Environmental score percentile | 7 |
| Social score | 11.97 |
| Social score percentile | 7 |
| Governance score | 11.97 |
| Governance score percentile | 7 |
| Level of controversy | 1 |
Dividend payout ratio: 25.58% of net profits
Recently Canadian Natural Resources has paid out, on average, around 25.58% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.16% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Canadian Natural Resources shareholders could enjoy a 4.16% return on their shares, in the form of dividend payments. In Canadian Natural Resources's case, that would currently equate to about $2.837 per share.
While Canadian Natural Resources's payout ratio might seem fairly standard, it's worth remembering that Canadian Natural Resources may be investing much of the rest of its net profits in future growth.
Canadian Natural Resources's most recent dividend payout was on 5 January 2023. The latest dividend was paid out to all shareholders who bought their shares by 15 December 2022 (the "ex-dividend date").
Canadian Natural Resources's shares were split on a 1021:1000 basis on 22 August 2022. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1021 shares. This wouldn't directly have changed the overall worth of your Canadian Natural Resources shares – just the quantity. However, indirectly, the new 2.1% 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 $35.5578 up to $67.792. 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 2.0767. 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 acquires, explores for, develops, produces, markets, and sells 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 and refining assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2020, the company had total proved crude oil, bitumen, and NGLs reserves were 10,528 million barrels (MMbbl); total proved plus probable crude oil, bitumen, and NGLs reserves were 13,271 MMbbl; proved SCO reserves were 6,998 MMbbl; total proved plus probable SCO reserves were 7,535 MMbbl; proved natural gas reserves were 12,168 billion cubic feet (Bcf); and total proved plus probable natural gas reserves were 20,249 Bcf. 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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