CNQ.TO - Canadian Natural Resources Limited

Toronto - Toronto Delayed Price. Currency in CAD
37.07
+0.37 (+1.01%)
At close: 4:00PM EST
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Previous Close36.70
Open36.79
Bid37.06 x N/A
Ask37.07 x N/A
Day's Range36.76 - 37.66
52 Week Range30.01 - 42.56
Volume2,044,655
Avg. Volume3,715,043
Market Cap43.706B
Beta (3Y Monthly)1.83
PE Ratio (TTM)10.99
EPS (TTM)3.37
Earnings DateNov 7, 2019
Forward Dividend & Yield1.50 (4.07%)
Ex-Dividend Date2019-12-10
1y Target Est44.67
  • Should You Be Excited About Canadian Natural Resources Limited's (TSE:CNQ) 12% Return On Equity?
    Simply Wall St.

    Should You Be Excited About Canadian Natural Resources Limited's (TSE:CNQ) 12% Return On Equity?

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

  • Thomson Reuters StreetEvents

    Edited Transcript of CNQ.TO earnings conference call or presentation 7-Nov-19 4:00pm GMT

    Q3 2019 Canadian Natural Resources Ltd Earnings Call

  • The 25 Best Canadian Dividend Stocks for U.S. Investors
    Kiplinger

    The 25 Best Canadian Dividend Stocks for U.S. Investors

    The U.S. is home to literally thousands of dividend payers, which would seem to eliminate the need to look elsewhere for income. But there's a convincing case to be made for at least a couple dozen Canadian dividend stocks.Newer income investors often look for the highest-yielding dividend stocks. They see a 7% yield as being better than 6%, 8% yields superior to 7%, and so on. But that's a much riskier proposition than it seems; sometimes, high yields are indicative of a troubled stock or company.A safer approach is selecting companies with more reasonable current yields that consistently grow their payouts over time. Here in America, many investors look to the Dividend Aristocrats - a group of 57 dividend stocks in the S&P; 500 that have improved their annual payouts for at least 25 consecutive years. But America isn't the only part of the world with Aristocrats. Canada, for instance, has 82.The Canadian Aristocrats' standards aren't as stringent as those of their U.S. counterpart. To qualify for the Canadian Dividend Aristocrats, a stock must be listed on the Toronto Stock Exchange, be a member of the S&P; Canada BMI (Broad Market Index), increase its annual payout for at least five consecutive years (it can maintain the same dividend for two consecutive years) and have a float-adjusted market cap of at least C$300 million.We've trimmed down that list to 25 Canadian dividend stocks that are best suited for American investors. The following 25 Canadian Dividend Aristocrats trade on either the New York Stock Exchange or Nasdaq, and have increased their dividends annually for at least seven years. SEE ALSO: 20 Dividend Stocks to Fund 20 Years of Retirement

  • Reuters

    Keystone pipeline likely back online in weeks, oil producer Canadian Natural says

    Keystone, operated by TC Energy Corp, moves 590,000 barrels per day of crude from northern Alberta to U.S. Midwest refineries. "The 2017 (Keystone leak) incident took about 10-15 days for it to come back. If it is on a similar path to what it was in 2017, it should be on in the next couple weeks," said Canadian Natural President Tim McKay on a quarterly conference call.

  • GlobeNewswire

    Canadian Natural Resources Limited Announces Quarterly Dividend

    CALGARY, Alberta , Nov. 07, 2019 -- Canadian Natural Resources Limited announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.375.

  • GlobeNewswire

    Canadian Natural Resources Limited Announces 2019 Third Quarter Results

    CALGARY, Alberta , Nov. 07, 2019 -- Commenting on the Company's third quarter 2019 results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, "Canadian Natural's.

  • The 7 Biggest Canadian Natural Gas Companies (CNQ, HSE.TO)
    Investopedia

    The 7 Biggest Canadian Natural Gas Companies (CNQ, HSE.TO)

    Read about the seven biggest Canadian natural gas companies as measured by production volume and learn a little more about their recent performance.

  • Do Institutions Own Shares In Canadian Natural Resources Limited (TSE:CNQ)?
    Simply Wall St.

    Do Institutions Own Shares In Canadian Natural Resources Limited (TSE:CNQ)?

    The big shareholder groups in Canadian Natural Resources Limited (TSE:CNQ) have power over the company. Institutions...

  • Reuters

    C$ holds near 3-month high after Trudeau election win; no relief for energy stocks

    The Canadian dollar held near a three-month high on Tuesday as the market took in stride the prospect of a re-elected Liberal government, although some investors worried about the Liberals' need to rely on a left-leaning opposition party for support. Canadian Prime Minister Justin Trudeau's Liberals are set to form a minority government after a tight election on Monday, with the latest tally from Elections Canada showing Liberals had won or were leading in 155 out of 338 seats. A minority government leaves Trudeau in a weakened position and needing the support of a party such as the New Democrats (NDP) to push through key pieces of legislation.

  • These Large-Cap Stocks Offer High Earnings Yields
    GuruFocus.com

    These Large-Cap Stocks Offer High Earnings Yields

    Travelers tops the list Continue reading...

  • Exxon Stock Offers Tremendous Value and a Great 5.1% Dividend Yield
    InvestorPlace

    Exxon Stock Offers Tremendous Value and a Great 5.1% Dividend Yield

    It has been a glum time for ExxonMobil (NYSE:XOM) shareholders. Regardless of whether you're looking at the past one year, five years, or ten years, XOM stock has been stuck in the mud. You'd have to go back to before the Great Financial Crisis since XOM stock made investors significant money.Source: Shutterstock As is often the case, however, the longer a stock trades sideways, the bigger its next move will be. XOM stock has now traded largely flat for a decade, swinging up and down but generally remaining near the $75/share mark. When it finally gets going again, expect a huge move. * 7 Reasons to Buy Canopy Growth Stock Technically, Exxon stock is primed to explode upward once it starts accelerating. Here's why Exxon's next move will be upward, and probably dramatically so.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Exxon Mobil's Huge Growth PlansInvestors tend to think of the oil and gas companies being hunkered down for a long winter, and that's generally right. As the oil slump has entered year five, many smaller firms are drastically cutting down exploration and drilling expenses. In a world of $55/barrel oil, it doesn't make sense for small operators to try to increase production.This leaves a big opportunity for companies with more scale and cheaper access to capital like Exxon Mobil. The company can, and is, making efforts to greatly improve its production in coming years. Management realizes that the world is going to need more oil. Once the current shale boom loses steam in the U.S., we'll need another round of fresh supply to replace declining reserves elsewhere.Enter Exxon, with its multi-billion dollar projects to open new production fields in places like Guyana. In fact, Exxon is getting aggressive. They are aiming to double cash flow and earnings in coming years. With so many other players pulling back their spending, Exxon with its fortress balance sheet will profitably pick up the slack. Oil May Be Peaking, But It Isn't Going Away Anytime SoonMany folks seem to confuse Exxon's (very) long-term prospects with its ability to carry on in coming years. Some analysts project that if current trends hold, by around 2050, we may see renewable energy displace fossil fuels in making up a large portion of the electric grid. And the crossover point for electric vehicles could be relatively sooner -- say in the 2030s. Exxon is well aware of this, and management has invested heavily in research for next-generation energy solutions.The fact that renewables will be growing in future decades hardly matters to XOM stock tomorrow, or even ten years from now. By 2040, the 2019 Energy Outlook estimates (see slides 11 and 13) that wind, nuclear, solar, and other renewables will still be less than one-fifth of the world's global energy supply. Even dirty coal will remain a key though shrinking player, while oil demand will be about flat, and natural gas use will continue to rise. XOM Stock Dividend Is Rock-SolidXOM stock is currently offering a more than 5% dividend yield. This is the highest dividend that the company has provided in three decades. Even in the Great Financial Crisis, XOM stock paid far less. Also, in the late 1990s, when oil was just $15/barrel, XOM stock only paid a 2-2.5% dividend. Now it pays double that.The higher dividend yield is the result of investor apathy, along with many socially-responsible funds dumping their allocations to fossil fuels altogether. Oil and gas appear to be becoming like tobacco stocks in the 1990s, shunned by investors who felt the companies were "obsolete" and harmful morally. Regardless of those concerns, cigarette companies like Altria (NYSE:MO) went on to post world-beating returns while giving off fat dividend yields.Exxon stock could perform similarly going forward. The world will need plenty of oil for at least a few more decades, and Exxon has the balance sheet to keep its dividend secure. At an AA+ credit rating, Exxon is one of the highest-rated companies out there; it could pay off its debt with just a year or two of profits if needed.As for the dividend, based on an average of recent years, Exxon's cash flow covers its payout more than three times. This indicates that the company has more than enough ongoing operations, even at relatively low oil and gas prices, to pay the 5% dividend indefinitely. And with growth projects coming online, the company will be able to continue hiking the dividend even more in coming years. XOM Stock VerdictI've been buying Exxon stock gradually over the past year. And with the recent dip under $70/share, I've gotten more aggressive in picking up shares.Admittedly, there's no imminent catalyst for Exxon shares to take off. The oil market is currently in a slump, and natural gas is oversupplied as well. Exxon's refining business is steady, and is generating large profits. That said, until oil or natural gas -- preferably both -- see an uptick, XOM stock might stay down around $70. That's true of other high-quality oil and gas stocks like Chevron (NYSE:CVX), BP (NYSE:BP), and Canadian Natural Resources (NYSE:CNQ) as well.Once prices start to lift, however, XOM stock will skyrocket. Remember that the company is planning to double earnings and cash flow over the next five years from increasing production from low-cost new areas such as Guyana. This should lift earnings to $9/share.Throw in some help from higher oil and gas prices, and EPS will reach the double digits. At the current $70/share price, that'd be a 7x P/E ratio, or less. Even a $100 share price would be no more than 10x earnings. Add in that outsized dividend yield and things look even better. Buy now, and enjoy the 5% dividend with a strong chance of big share price appreciation over the next few years as well.At the time of this writing, Ian Bezek owned XOM, BP, and CNQ stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Reasons to Buy Canopy Growth Stock * 7 Restaurant Stocks to Leave on Your Plate * 4 Turnaround Plays to Buy Now The post Exxon Stock Offers Tremendous Value and a Great 5.1% Dividend Yield appeared first on InvestorPlace.

  • Were Hedge Funds Right About Souring On Canadian Natural Resources Limited (CNQ)?
    Insider Monkey

    Were Hedge Funds Right About Souring On Canadian Natural Resources Limited (CNQ)?

    Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […]

  • Does Canadian Natural Resources Limited (TSE:CNQ) Have A Good P/E Ratio?
    Simply Wall St.

    Does Canadian Natural Resources Limited (TSE:CNQ) Have A Good P/E Ratio?

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll apply a basic P/E...

  • Canadian Natural Resources Limited (TSE:CNQ) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
    Simply Wall St.

    Canadian Natural Resources Limited (TSE:CNQ) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

    Canadian Natural Resources Limited (TSE:CNQ) stock is about to trade ex-dividend in 3 days time. Ex-dividend means...

  • Is Canadian Natural Resources Limited (TSE:CNQ) Creating Value For Shareholders?
    Simply Wall St.

    Is Canadian Natural Resources Limited (TSE:CNQ) Creating Value For Shareholders?

    Today we are going to look at Canadian Natural Resources Limited (TSE:CNQ) to see whether it might be an attractive...

  • 5 Cheap High-Yield Stocks
    GuruFocus.com

    5 Cheap High-Yield Stocks

    Williams Companies tops the list Continue reading...

  • Canada's energy regulator to consider delay to Enbridge pipeline plan
    Reuters

    Canada's energy regulator to consider delay to Enbridge pipeline plan

    Canada's energy regulator on Tuesday responded to shipper complaints about Enbridge Inc's plan to switch to fixed contracts on its Mainline pipeline network by announcing a fast-track process to gather comment on the proposal that could lead to its being delayed. The unusual move from the Canadian Energy Regulator (CER), which was until this week known as the National Energy Board (NEB), comes after a slew of letters from companies including Canadian Natural Resources Ltd and Suncor Energy asking the regulator to intervene.

  • Here's Why Canadian Natural Resources (TSE:CNQ) Can Manage Its Debt Responsibly
    Simply Wall St.

    Here's Why Canadian Natural Resources (TSE:CNQ) Can Manage Its Debt Responsibly

    Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

  • Thomson Reuters StreetEvents

    Edited Transcript of CNQ.TO earnings conference call or presentation 1-Aug-19 3:00pm GMT

    Q2 2019 Canadian Natural Resources Ltd Earnings Call

  • Canadian Natural Resources Limited (CNQ) Q2 2019 Earnings Call Transcript
    Motley Fool

    Canadian Natural Resources Limited (CNQ) Q2 2019 Earnings Call Transcript

    CNQ earnings call for the period ending June 30, 2019.

  • Reuters

    UPDATE 3-Canadian Natural Resources eyes Alberta rail contracts amid pipeline congestion

    Canadian Natural Resources, the country's biggest oil and gas producer, is looking at taking on the Alberta provincial government's contracts to move crude by rail, a senior company executive said on Thursday. Shipping more crude by rail is seen as critical for Canadian oil producers due to congested pipelines that forced Alberta to order mandatory oil curtailments this year. Alberta's United Conservative Party government said in June that it would divest rail contracts amounting to 120,000 barrels of crude per day (bpd) to the private sector this fall.