CNQ - Canadian Natural Resources Limited

NYSE - NYSE Delayed Price. Currency in USD
27.00
-0.21 (-0.77%)
At close: 4:02PM EDT
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Previous Close27.21
Open27.22
Bid27.00 x 800
Ask27.01 x 4000
Day's Range26.80 - 27.35
52 Week Range21.85 - 37.41
Volume1,769,824
Avg. Volume2,592,739
Market Cap32.348B
Beta (3Y Monthly)0.79
PE Ratio (TTM)11.70
EPS (TTM)2.31
Earnings DateN/A
Forward Dividend & Yield1.11 (4.12%)
Ex-Dividend Date2019-06-13
1y Target Est40.74
Trade prices are not sourced from all markets
  • Encana (ECA) to Gain From Output Growth, Maintains 2019 View
    Zacks6 days ago

    Encana (ECA) to Gain From Output Growth, Maintains 2019 View

    Encana (ECA) expects second-quarter output within 585-595 MBOE/d, indicating a year-over-year and sequential growth of 74.5% and 4.1%, respectively, at the midpoint.

  • GlobeNewswire12 days ago

    Canadian Natural Resources Limited Provides an Update on Pelican Lake and Woodenhouse Operations

    CALGARY, Alberta, June 08, 2019 -- Canadian Natural Resources Limited (“Canadian Natural” or the “Company”) provides an update on its Pelican Lake and Woodenhouse operations..

  • Why Is Canadian Natural Resources (CNQ) Down 5.1% Since Last Earnings Report?
    Zacks12 days ago

    Why Is Canadian Natural Resources (CNQ) Down 5.1% Since Last Earnings Report?

    Canadian Natural Resources (CNQ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • The Zacks Analyst Blog Highlights: Chevron, Canadian Natural Resources, Devon Energy, TC Energy and Plains All American Pipeline
    Zacks14 days ago

    The Zacks Analyst Blog Highlights: Chevron, Canadian Natural Resources, Devon Energy, TC Energy and Plains All American Pipeline

    The Zacks Analyst Blog Highlights: Chevron, Canadian Natural Resources, Devon Energy, TC Energy and Plains All American Pipeline

  • Oil & Gas Stock Roundup: Deals From Chevron, Canadian Natural & TC Energy
    Zacks15 days ago

    Oil & Gas Stock Roundup: Deals From Chevron, Canadian Natural & TC Energy

    Chevron (CVX) moved closer to its goal of pulling out of UK exploration and production, while Canadian Natural Resources (CNQ) decided to solidify its position on its home turf.

  • GlobeNewswire20 days ago

    Canadian Natural Resources Limited Provides an Update on the Impact of Alberta Forest Fires

    CALGARY, Alberta, May 31, 2019 -- With the protection and safety of our people and assets as the utmost priority, Canadian Natural Resources Limited (“Canadian Natural”) is.

  • Canadian Natural (CNQ) Ups Oilsands Game With C$3.8B Buyout
    Zacks21 days ago

    Canadian Natural (CNQ) Ups Oilsands Game With C$3.8B Buyout

    The complementary asset base of Devon Energy will not only boost Canadian Natural Resources' (CNQ) output, but also lead to synergy benefits of C$135 million on an annualized basis.

  • Moody's21 days ago

    Canadian Natural Resources Limited -- Moody's says Canadian Natural Resources' acquisition of Devon Canada's assets is credit negative

    Moody's Investors Service ("Moody's") said that Canadian Natural Resources Limited's (CNRL) announced acquisition of Devon Canada's (Devon Canada) Canadian assets for C$3.775 billion is credit negative because it increases CNRL's exposure to volatile heavy oil differentials, but has minimal impact on leverage given the modest 2.65x multiple paid on the C$3.25 billion net purchase price. The net purchase price is the amount that will be debt-funded by CNRL and reflects the Devon Canada cash flow accruing to CNRL given the January 1, 2019 effective date versus the June 27, 2019 targeted closing date.

  • Devon Energy (DVN) to Exit Canadian Business, Lower Debt
    Zacks21 days ago

    Devon Energy (DVN) to Exit Canadian Business, Lower Debt

    Devon Energy (DVN), which focuses more on profitable domestic oil assets, decides to sell the Canadian business for $2.8 billion.

  • Canadian Natural Closer to ‘King of Oil Sands’ With Devon Purchase
    Bloomberg21 days ago

    Canadian Natural Closer to ‘King of Oil Sands’ With Devon Purchase

    The company’s $2.8 billion purchase of Devon Energy Corp.’s Jackfish brings Canadian Natural’s oil-sands production capacity to more than 700,000 barrels a day compared with more than 900,000 barrels a day controlled by Suncor, according to data compiled by Oil Sands Magazine. The Devon purchase marks the company’s second major acquisition in the oil sands in the past two years after it bought most of Royal Dutch Shell Plc’s oil-sands operations in 2017, making it Canada’s largest overall oil producer with more than one million barrels a day of production worldwide.

  • Rigzone.com21 days ago

    CNR Closer to King of Oil Sands

    Canadian Natural Resources can't yet claim the King of the Oil Sands status, but it's a lot closer to overtaking its rival Suncor Energy after buying a key Athabasca drilling site.

  • This Oil Stock Takes a Huge Step Toward Becoming a U.S. Oil Growth Machine
    Motley Fool22 days ago

    This Oil Stock Takes a Huge Step Toward Becoming a U.S. Oil Growth Machine

    Devon Energy exits Canada in a $2.8 billion deal.

  • Associated Press22 days ago

    Devon Energy announces deal with Canadian Natural Resources

    Devon Energy says it is selling nearly all of its assets in Canada to Canadian Natural Resources for $2.8 billion. The Oklahoma City-based oil and gas company included in the S&P 500 put its Canadian assets up for sale in February in a plan to focus on growth from wells drilled in U.S. shale fields. Officials with Calgary-based Canadian Natural Resources say Devon's "high-quality" assets will provide further balance to their production profile.

  • Bloomberg22 days ago

    Canadian Oil-Sands Giant Extends Reach in $2.8 Billion Devon Deal

    It gives CNRL control over assets that had net production averaging 113,000 oil-equivalent barrels in the first quarter, the companies said Wednesday. Edwards, CNRL’s chairman and largest individual shareholder, has helped build the company into Canada’s largest energy producer. The Devon assets “fit well with Canadian Natural’s land base, and we believe that the company can look to repay leverage quickly with its free cash flow,” Canaccord Genuity analyst Dennis Fong said in a note to clients.

  • Reuters22 days ago

    Devon Energy exits Canada with $2.8 bln sale to Canadian Natural, bets on U.S.

    U.S. oil and gas producer Devon Energy Corp said on Wednesday it would sell its Canadian assets to Canadian Natural Resources Ltd for C$3.8 billion ($2.81 billion) in cash to focus purely on U.S. production. While U.S. oil companies have been investing in onshore shale production at home amid a surge in output, international companies like Royal Dutch Shell and ConocoPhillips have shed assets in Canada for several years as limited pipeline space has curtailed prices and growth prospects. Devon's investments have been in the so-called SCOOP and STACK regions, fast-growing shale oil basins in Oklahoma that have attracted investment from crude producers expanding beyond the Permian.

  • TheStreet.com22 days ago

    Devon Energy Reaches Deal to Sell Its Canada Business for $2.8 Billion

    The heavy-oil assets in the province of Alberta include thermal in situ (or steam assisted gravity drainage) oilsands production (about 108,200 a day) and its conventional primary heavy crude oil operations (20,100 a day) located near Canadian Natural assets. At the end of last year, proved reserves associated with the properties amounted to about 409 million barrels of oil, Devon said Wednesday in a statement. "These high-quality assets complement our existing asset base and provide further balance to our production profile," Canadian Natural Resources President Tim McKay said in a separate statement.

  • Benzinga22 days ago

    Devon Energy Divests Canadian Business To Canadian Natural Resources For $2.8B

    Devon Energy's Canadian business includes heavy oil assets mostly located in Alberta with net production averaging 113,000 oil-equivalent barrels in the first quarter of 2019. As of the end of 2018, the Canadian business had a proven reserve of 409 million barrels of oil. Devon Energy CEO Dave Hager said the asset sale is consistent with the company's transformation to become a U.S.-focused oil growth business.

  • Reuters22 days ago

    Canadian Natural Resources to buy Devon Energy's assets in Canada for $2.8 bln

    Oil and gas producer Canadian Natural Resources Ltd said on Wednesday it would buy the Canadian assets of its U.S. peer Devon Energy Corp for about C$3.8 billion . The deal is expected to close by June ...

  • GlobeNewswire22 days ago

    Canadian Natural Resources Limited Announces the Acquisition of Substantially All of the Assets of Devon Canada Corporation

    CALGARY, Alberta, May 29, 2019 -- Canadian Natural Resources Limited (“Canadian Natural” or the “Company”) announces it has entered into an agreement, subject to regulatory.

  • MoneyShowlast month

    Canadian Natural Resources- Growth in the Oil Sands

    The outlook for Canadian producers with strong balance sheets and efficient production is probably as favorable as it's been for the last five years, suggests Gavin Graham, contributing editor to Internet Wealth Builder.

  • GlobeNewswirelast month

    Canadian Natural Resources Limited Announces Normal Course Issuer Bid

    Canadian Natural Resources Limited ("Canadian Natural") announced today that the Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid (“NCIB”) through the facilities of the Toronto Stock Exchange or other alternative Canadian trading systems. Purchases may also be made through the facilities of the New York Stock Exchange. The notice provides that Canadian Natural may, during the 12 month period commencing May 23, 2019 and ending May 22, 2020, purchase for cancellation up to 59,729,706 common shares, being 5% of the 1,194,594,136 issued and outstanding common shares as at May 10, 2019.

  • Canadian Natural's (CNQ) Q1 Earnings Beat on High Oil Prices
    Zackslast month

    Canadian Natural's (CNQ) Q1 Earnings Beat on High Oil Prices

    Canadian Natural Resources (CNQ) expects Q2 liquids production within 773,000-831,000 Bbl/d and natural gas output in the band of 1,500-1,530 MMcf/d.

  • GlobeNewswirelast month

    Canadian Natural Resources Limited Reports Voting Results at Annual and Special Meeting

    CALGARY, Alberta, May 14, 2019 -- Canadian Natural held its Annual and Special Meeting of the Shareholders on May 9, 2019. The result of the vote by shareholders for each.

  • Canadian Natural Resources Limited (CNQ) Q1 2019 Earnings Call Transcript
    Motley Foollast month

    Canadian Natural Resources Limited (CNQ) Q1 2019 Earnings Call Transcript

    CNQ earnings call for the period ending March 31, 2019.

  • Reuterslast month

    Canadian Natural worried about changes to Enbridge pipeline system

    Canadian Natural Resources Ltd said on Thursday it is against proposed changes to shipping agreements on Enbridge Inc's Mainline pipeline system because it does not want to be "held hostage" to one delivery point for its crude. The Enbridge Mainline system delivers 2.85 million barrels of crude per day from western Canada to the U.S. Midwest, an area known as Padd 2, where it connects to other pipelines stretching across North America. Enbridge is proposing to shift away from a monthly allocation system to long-term, set-volume contracts.