Canadian Natural Resources 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. Its last market close was $35.56 – a decrease of 3.92% over the previous week. Canadian Natural Resources employs 10,272 staff and has a trailing 12-month revenue of around $36.7 billion.
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| Latest market close | $35.56 |
|---|---|
| 52-week range | $28.48 - $40.34 |
| 50-day moving average | $34.82 |
| 200-day moving average | $35.33 |
| Wall St. target price | $39.78 |
| PE ratio | 13.8667 |
| Dividend yield | $2 (4.26%) |
| Earnings per share (TTM) | $2.55 |
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 $35.56 from 2024-10-18
| 1 week (2024-10-14) | -3.92% |
|---|---|
| 1 month (2024-09-20) | 6.47% |
| 3 months (2024-07-19) | 1.08% |
| 6 months (2024-04-19) | -53.55% |
| 1 year (2023-10-20) | -45.66% |
|---|---|
| 2 years (2022-10-21) | -39.37% |
| 3 years (2021-10-21) | 42.33 |
| 5 years (2019-10-21) | 57.91% |
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 14x. In other words, Canadian Natural Resources shares trade at around 14x 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 $16.9 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 | $36.7 billion |
|---|---|
| Operating margin TTM | 28.25% |
| Gross profit TTM | $23.6 billion |
| Return on assets TTM | 8.8% |
| Return on equity TTM | 19.65% |
| Profit margin | 20.88% |
| Book value | $18.55 |
| Market Capitalization | $76.3 billion |
TTM: trailing 12 months
Dividend payout ratio: 21.23% of net profits
Recently Canadian Natural Resources has paid out, on average, around 21.23% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.26% 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 4.26% return on their shares, in the form of dividend payments. In Canadian Natural Resources's case, that would currently equate to about $2 per share.
While Canadian Natural Resources's payout ratio might seem low, this can signify that Canadian Natural Resources is investing more in its future growth.
Canadian Natural Resources's most recent dividend payout was on 2 January 2025. The latest dividend was paid out to all shareholders who bought their shares by 12 December 2024 (the "ex-dividend date").
Canadian Natural Resources's shares were split on a 2:1 basis on 10 June 2024 . 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 $28.4766 up to $40.3424. 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 1.886. This would suggest that Canadian Natural Resources's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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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