CNQ 📈 Canadian Natural Resources - Overview
Exchange: NYSE • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA1363851017
CNQ: Crude Oil, Natural Gas, Natural Gas Liquids
Canadian Natural Resources Limited is a leading energy company that engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs). Its diverse product portfolio includes light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO), catering to various market demands. The company's operations are supported by its midstream assets, which comprise two pipeline systems and a 50% working interest in an 84-megawatt cogeneration plant at Primrose, enhancing its logistical capabilities and energy generation.
The company's geographical presence spans multiple regions, with primary operations in Western Canada, where it leverages its expertise in oil sands and conventional oil and gas production. Additionally, it has a significant presence in the United Kingdom portion of the North Sea, where it focuses on offshore oil and gas production. Canadian Natural Resources Limited also operates in Offshore Africa, further diversifying its global footprint. This strategic presence enables the company to capitalize on regional opportunities, manage risk, and maintain a competitive position in the global energy market.
With a history dating back to 1973, Canadian Natural Resources Limited has undergone significant transformations, including a name change from AEX Minerals Corporation to its current name in December 1975. Headquartered in Calgary, Canada, the company is well-established in the energy sector, with a strong foundation for growth and development. For more information, investors and stakeholders can visit the company's website at https://www.cnrl.com. Canadian Natural Resources Limited is listed on the New York Stock Exchange (NYSE) under the ticker symbol CNQ, with its common stock classified under the GICS Sub Industry: Oil & Gas Exploration & Production, and an ISIN of CA1363851017.
Additional Sources for CNQ Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
CNQ Stock Overview
Market Cap in USD | 65,277m |
Sector | Energy |
Industry | Oil & Gas E&P |
GiC Sub-Industry | Oil & Gas Exploration & Production |
IPO / Inception | 1976-05-17 |
CNQ Stock Ratings
Growth 5y | 72.8% |
Fundamental | 69.1% |
Dividend | 84.5% |
Rel. Strength Industry | -236 |
Analysts | 3.91/5 |
Fair Price Momentum | 30.27 USD |
Fair Price DCF | 118.99 USD |
CNQ Dividends
Dividend Yield 12m | 5.22% |
Yield on Cost 5y | 12.88% |
Annual Growth 5y | 19.81% |
Payout Consistency | 94.6% |
CNQ Growth Ratios
Growth Correlation 3m | -70.5% |
Growth Correlation 12m | 5.7% |
Growth Correlation 5y | 95.7% |
CAGR 5y | 19.75% |
CAGR/Mean DD 5y | 1.36 |
Sharpe Ratio 12m | -0.24 |
Alpha | -35.72 |
Beta | 1.22 |
Volatility | 33.93% |
Current Volume | 4008.8k |
Average Volume 20d | 4593.1k |
As of December 21, 2024, the stock is trading at USD 29.58 with a total of 4,008,813 shares traded.
Over the past week, the price has changed by -6.01%, over one month by -11.35%, over three months by -10.34% and over the past year by -2.91%.
Yes, based on ValueRay Fundamental Analyses, Canadian Natural Resources (NYSE:CNQ) is currently (December 2024) a good stock to buy. It has a ValueRay Fundamental Rating of 69.13 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CNQ as of December 2024 is 30.27. This means that CNQ is currently overvalued and has a potential downside of 2.33%.
Canadian Natural Resources has received a consensus analysts rating of 3.91. Therefor, it is recommend to buy CNQ.
- Strong Buy: 8
- Buy: 5
- Hold: 10
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, CNQ Canadian Natural Resources will be worth about 33.6 in December 2025. The stock is currently trading at 29.58. This means that the stock has a potential upside of +13.56%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 38.7 | 30.9% |
Analysts Target Price | 71.5 | 141.5% |
ValueRay Target Price | 33.6 | 13.6% |