CNQ.TO - Canadian Natural Resources Limited

Toronto - Toronto Delayed Price. Currency in CAD
36.94
-1.03 (-2.71%)
As of 1:40PM EDT. Market open.
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Previous Close37.97
Open37.61
Bid36.93 x N/A
Ask36.94 x N/A
Day's Range36.47 - 37.62
52 Week Range30.01 - 43.57
Volume3,261,350
Avg. Volume3,410,403
Market Cap43.812B
Beta (3Y Monthly)1.57
PE Ratio (TTM)9.25
EPS (TTM)3.99
Earnings DateFeb 27, 2019 - Mar 4, 2019
Forward Dividend & Yield1.50 (4.46%)
Ex-Dividend Date2019-09-12
1y Target Est46.12
  • 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...

  • Bloomberg

    Enbridge Oil-Shipping Revamp Hits Snag as Regulator Steps In

    (Bloomberg) -- Enbridge Inc.’s proposed shift to long-term crude shipping contracts on its Mainline pipeline network is drawing the ire of a growing number of producers, and now Canada’s energy regulator is getting involved, which could delay the process.After ConocoPhillips and Canadian Natural Resources Ltd. became the latest companies to object to Enbridge’s search for long-term shipping commitments, the regulator on Tuesday asked all involved to present their views. It’s asking for arguments on whether the so-called open season should be delayed until the new system has been approved by the regulator. Enbridge has argued that it needs the commitments before it seeks approval.The tussle is just the latest outcome of a pipeline bottleneck that’s dogging the Canadian oil industry as producers await major projects like Keystone XL and the Trans Mountain expansion to be built. With a dearth of options, producers fear a shift from the current monthly sign-up system will leave them less room to maneuver.Enbridge says that long-term contracts, which would only apply to Canadian segments of the system, would be the best way to balance the needs of all shippers. The change could also lend an advantage to some of the largest refiners in the U.S. Midwest, such as BP Plc and Exxon Mobil Corp., who source crude on the Mainline, according to Mike Walls, an analyst at Genscape Inc.“Producers are concerned that if a relative few large refiners in the U.S. control a large portion of the Mainline space, their access to customers will be limited as well as their ability to get to more diverse markets like the Gulf Coast,” Walls said in an email. “They would have less spot capacity and in the end would have to sell to the owners of the committed capacity.”Exxon declined to comment. BP didn’t immediately respond to a request for comment.Enbridge wants to reserve as much as 90% of space on the Mainline to companies with multiyear contracts, charging them whether they ship oil on the line or not. The 2.8 million barrel-a-day Mainline has seen heavy rationing as surging production has run into nationwide pipeline bottlenecks. Enbridge aims to start sending contracted volumes down the line in 2021.“The offering that we’ve got in that open season is responding to the needs of our customers and is supported by shippers representing the majority of the volume on our system,” Guy Jarvis, Enbridge’s executive vice president for liquids pipelines, said by phone. In his objection Tuesday, Canadian Natural President Tim McKay argued that the plan disadvantages non-integrated producers in favor of “shippers who can supply their own downstream” facilities.Separately, ConocoPhillips Canada President Kirk Johnson said the plan creates uncertainty for companies with contracts to ship on connecting pipelines such as the Flanagan South system that runs from Illinois to Oklahoma. The plan already has drawn objections from Suncor Energy Inc., Canada’s largest integrated energy producer, as well as oil-sands driller MEG Energy Corp. and the Explorers & Producers Association of Canada, which represents small- and medium-sized producers.To contact the reporters on this story: Robert Tuttle in Calgary at rtuttle@bloomberg.net;Kevin Orland in Calgary at korland@bloomberg.netTo contact the editors responsible for this story: David Marino at dmarino4@bloomberg.net, Carlos Caminada, Simon CaseyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • 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.

  • Canadian Natural Resources eyes Alberta rail contracts amid pipeline congestion
    Reuters

    Canadian Natural Resources eyes Alberta rail contracts amid pipeline congestion

    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. "To go forward with it, obviously it has to make sense, but we're in the process and we're looking at it," Canadian Natural President Tim McKay said on a quarterly conference call.

  • GlobeNewswire

    Canadian Natural Resources Limited Announces Quarterly Dividend

    CALGARY, Alberta, Aug. 01, 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 Second Quarter Results

    CALGARY, Alberta, Aug. 01, 2019 -- Commenting on the Company's second quarter 2019 results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, "Canadian Natural's.

  • Should Canadian Natural Resources Limited (TSE:CNQ) Be Part Of Your Dividend Portfolio?
    Simply Wall St.

    Should Canadian Natural Resources Limited (TSE:CNQ) Be Part Of Your Dividend Portfolio?

    Dividend paying stocks like Canadian Natural Resources Limited (TSE:CNQ) tend to be popular with investors, and for...

  • Canadian Natural Resources Limited (TSE:CNQ): Commentary On Fundamentals
    Simply Wall St.

    Canadian Natural Resources Limited (TSE:CNQ): Commentary On Fundamentals

    Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on...

  • What Investors Should Know About Canadian Natural Resources Limited's (TSE:CNQ) Financial Strength
    Simply Wall St.

    What Investors Should Know About Canadian Natural Resources Limited's (TSE:CNQ) Financial Strength

    Investors pursuing a solid, dependable stock investment can often be led to Canadian Natural Resources Limited...

  • GlobeNewswire

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

    CALGARY, Alberta, June 27, 2019 -- Canadian Natural Resources Limited (“Canadian Natural” or the “Company”) announces that the agreement to acquire substantially all of the.

  • Markit

    See what the IHS Markit Score report has to say about Canadian Natural Resources Ltd.

    Canadian Natural Resources Ltd NYSE:CNQView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for CNQ with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CNQ. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold CNQ had net inflows of $580 million over the last one-month. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. CNQ credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Thomson Reuters StreetEvents

    Edited Transcript of CNQ.TO earnings conference call or presentation 9-May-19 2:00pm GMT

    Q1 2019 Canadian Natural Resources Ltd Earnings Call

  • Hedge Funds Have Never Been This Bullish On Canadian Natural Resources Limited (CNQ)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On Canadian Natural Resources Limited (CNQ)

    Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by nearly 9 percentage points since the end of the third quarter of 2018 as investors worried over the possible ramifications of rising interest rates and escalation of the trade war with China. The hedge funds and institutional investors we track typically invest more […]

  • GlobeNewswire

    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..