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Canadian Natural Resources is an oil & gas e&p business based in Canada. Canadian Natural Resources stocks (CNQ.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$73.82 – a decrease of 0.73% over the previous week. Canadian Natural Resources employs 10,035 staff and has a trailing 12-month revenue of around C$40.3 billion.
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| Latest market close | C$75.27 |
|---|---|
| 52-week range | C$55.58 - C$83.18 |
| 50-day moving average | C$77.29 |
| 200-day moving average | C$76.18 |
| Wall St. target price | C$91.42 |
| PE ratio | 8.8449 |
| Dividend yield | C$3.25 (4.88%) |
| Earnings per share (TTM) | C$8.51 |
Note: The dollar amounts in the table below are in Canadian dollars.
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.
Historical closes compared with the close of C$75.27 from 2023-06-02
| 1 week (2023-05-26) | -0.73% |
|---|---|
| 1 month (2023-05-03) | -1.53% |
| 3 months (2023-03-03) | -8.05% |
| 6 months (2022-12-02) | -6.72% |
| 1 year (2022-06-03) | -11.64% |
|---|---|
| 2 years (2021-06-03) | 67.45% |
| 3 years (2020-06-03) | 176.83% |
| 5 years (2018-06-01) | 68.54% |
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.
| Revenue TTM | C$40.3 billion |
|---|---|
| Operating margin TTM | 32.68% |
| Gross profit TTM | C$23.6 billion |
| Return on assets TTM | 10.73% |
| Return on equity TTM | 25% |
| Profit margin | 23.94% |
| Book value | C$35.16 |
| Market capitalisation | C$82.2 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: 37.03
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Canadian Natural Resources's overall score of 37.03 (as at 12/31/2018) is pretty weak – landing it in it in the 73rd 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: 17.09/100
Canadian Natural Resources's environmental score of 17.09 puts it squarely in the 5th 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: 9.97/100
Canadian Natural Resources's social score of 9.97 puts it squarely in the 5th 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: 9.97/100
Canadian Natural Resources's governance score puts it squarely in the 5th 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.
Dividend payout ratio: 40% of net profits
Recently Canadian Natural Resources has paid out, on average, around 40% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.88% 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 4.88% return on their shares, in the form of dividend payments. In Canadian Natural Resources's case, that would currently equate to about C$3.25 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 4 July 2023. The latest dividend was paid out to all shareholders who bought their shares by 14 June 2023 (the "ex-dividend date").
Canadian Natural Resources's shares were split on a 1021:1000 basis on 21 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 C$55.5842 up to C$83.18. 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 (TO average) beta is 1, while Canadian Natural Resources's is 2.0221. 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 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. .
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