U.S. markets close in 1 hour 52 minutes

Canadian Natural Resources Limited (CNQ.TO)

Toronto - Toronto Real Time Price. Currency in CAD
Add to watchlist
40.28-0.49 (-1.20%)
As of 2:07PM EDT. Market open.
Full screen
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Previous Close40.77
Open40.25
Bid40.26 x 0
Ask40.26 x 0
Day's Range39.88 - 40.97
52 Week Range19.77 - 42.01
Volume1,668,689
Avg. Volume7,308,955
Market Cap47.725B
Beta (5Y Monthly)2.26
PE Ratio (TTM)21.48
EPS (TTM)1.88
Earnings DateAug 04, 2021 - Aug 09, 2021
Forward Dividend & Yield1.88 (4.64%)
Ex-Dividend DateJun 17, 2021
1y Target Est46.57
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
N/A
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
    View more
    • Canadian Natural Resources Limited Reports Voting Results at Annual Meeting
      Newsfile

      Canadian Natural Resources Limited Reports Voting Results at Annual Meeting

      Calgary, Alberta--(Newsfile Corp. - May 7, 2021) - Canadian Natural (TSX: CNQ) (NYSE: CNQ) held its Annual Meeting of the Shareholders on May 6, 2021. The result of the vote by shareholders for each resolution is reported below. The election of the following nominees as directors of the Corporation for the ensuing year or until their successors are elected or appointed.Votes ForVotes WithheldCatherine M. Best839,152,01793.95%54,072,2776.05%M. Elizabeth Cannon860,314,87296.32%32,909,4223.68%N. Murray Edwards846,127,45694.73%47,096,8385.27%Christopher L. Fong834,310,89093.40%58,913,4046.60%Ambassador Gordon D. Giffin745,032,96683.41%148,191,32816.59%Wilfred A. ...

    • Canadian Natural Resources Limited (CNQ) Q1 2021 Earnings Call Transcript
      Motley Fool

      Canadian Natural Resources Limited (CNQ) Q1 2021 Earnings Call Transcript

      Thank you, operator, and good morning, everyone, and welcome to Canadian Natural's First Quarter 2021 Corporate Update Conference Call. Canadian Natural had a strong first quarter financially and operationally. Over the years, Canadian Natural has demonstrated its robustness, sustainability and the strength of its business plan.

    • Canadian Natural Resources Posts C$1.38B 1Q Profit, Beats Estimates
      SmarterAnalyst

      Canadian Natural Resources Posts C$1.38B 1Q Profit, Beats Estimates

      Canadian Natural Resources (CNQ), one of the world’s independent crude oil and natural gas producers, swung back to profit in the first quarter of 2021. The improved performance was attributed to higher oil prices as a burgeoning global economic recovery boosted demand. Indeed, Canadian Natural Resources reported a profit of nearly C$1.38 billion (C$1.16 per share) in the first quarter compared to a loss of C$1.28 billion (C$1.08 per share) a year ago. On an adjusted basis, CNQ made C$1.03 per share in the quarter ended March 31, while analysts on average expected earnings of C$0.84 per share, according to data from Refinitiv. Revenue of C$6.61 billion also beat estimates of C$6.01 billion. The company produced 1.25 million barrels of oil equivalent per day (bpd) in the first quarter of 2021, compared to 1.2 million bpd in the first quarter of 2020. The average realized crude price jumped nearly 30% to C$52.68 per barrel from the prior quarter. Canadian Natural Resources’ President Tim Mckay said, “As the global vaccine distribution increases and crude oil demand recovers, especially in the United States, we are seeing improved commodity pricing, and when combined with our top tier execution and disciplined capital program we are well-positioned to generate significant free cash flow in 2021. Our first-quarter results were strong as we achieved record quarterly production of approximately 1,246 MBOE/d and record quarterly liquids production of over 979,000 bbl/d, as a result of our effective and efficient operations and high operating levels.” The oil sands producer now expects to generate between C$5.7 billion and C$6.2 billion in free cash flow in 2021, up from an earlier forecast of C$4.9 billion to C$5.4 billion. (See Canadian Natural stock analysis on TipRanks) Two weeks ago, Barclays analyst Christopher Tillett maintained a Buy rating on CNQ with a C$48.00 price target (22% upside potential). Overall, CNQ scores a Strong Buy consensus rating among analysts based on 12 Buys and 1 Hold. The average analyst price target of C$47.55 implies a 20.7% upside potential to current levels. Shares have risen by more than 80% over one year. Related News:Cineplex’s 1Q Revenue Falls 85% As Most Theaters Remain Closed; Shares Drop 5%good natured Products To Acquire Illinois-Based Ex-Tech Plastics; Shares Pop 20%Barrick Gold 1Q Profit Rises 35%, Higher Copper And Gold Prices Boost Revenue More recent articles from Smarter Analyst: Cineplex's 1Q Revenue Falls 85% As Most Theaters Remain Closed; Shares Drop 5% Moderna Posts First Quarterly Profit, Revenue Disappoints Jeff Bezos Sells $2.5B Amazon Shares As He Exits CEO Role Uber 1Q Results Top Estimates With Record Gross Bookings; Shares Fall