CNQ.TO - Canadian Natural Resources Limited

Toronto - Toronto Delayed Price. Currency in CAD
35.57
-0.01 (-0.03%)
At close: 4:15PM EDT
Stock chart is not supported by your current browser
Previous Close35.58
Open35.57
Bid35.57 x N/A
Ask35.58 x N/A
Day's Range35.23 - 35.85
52 Week Range30.11 - 49.08
Volume2,207,365
Avg. Volume3,806,609
Market Cap42.492B
Beta (3Y Monthly)1.51
PE Ratio (TTM)14.53
EPS (TTM)2.45
Earnings DateAug 1, 2019
Forward Dividend & Yield1.50 (4.11%)
Ex-Dividend Date2019-06-13
1y Target Est48.46
  • Markit3 days ago

    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 StreetEvents4 days ago

    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 Monkey6 days ago

    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 […]

  • GlobeNewswire8 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..

  • Investors Who Bought Canadian Natural Resources (TSE:CNQ) Shares Five Years Ago Are Now Down 21%
    Simply Wall St.13 days ago

    Investors Who Bought Canadian Natural Resources (TSE:CNQ) Shares Five Years Ago Are Now Down 21%

    Ideally, your overall portfolio should beat the market average. But even the best stock picker will only win with some...

  • Bloomberg15 days ago

    Canadian Natural Shuts Heavy-Crude Operations as Fires Spread

    This year, wildfires in northern Alberta had so far spared production facilities, but Friday morning smoke blanketed the city of Calgary, where most of the industry has its high-rise headquarters. After eight months of cold, Calgary residents were unable to fully enjoy blue skies and warm temperatures Friday because of a white haze that blanketed the city with a strong smell of burnt wood.

  • GlobeNewswire16 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 Closer to ‘King of Oil Sands’ With Devon Purchase
    Bloomberg17 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.com17 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 Fool18 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.

  • Oil Trims Loss as Key U.S. Midwest Pipeline Seen Nearing Restart
    Bloomberg18 days ago

    Oil Trims Loss as Key U.S. Midwest Pipeline Seen Nearing Restart

    Futures closed the trading session down 0.6% after slumping as much as 3.8% in New York. Prices further backed off lows as the industry-funded American Petroleum Institute was said to report U.S. crude stockpiles dropped 5.27 million barrels last week. The earlier decline, which put WTI in line for its worst month since December, followed a selloff in equities and suggestions in Chinese media that the nation could restrict rare-earth exports critical to the U.S. defense, energy and electronics industries.

  • Associated Press18 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.

  • Bloomberg18 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.

  • Reuters18 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.com18 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.

  • Benzinga18 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.

  • Reuters18 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 ...

  • GlobeNewswire18 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.

  • GlobeNewswire26 days ago

    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.

  • Cash-rich Canadian oil firms favour buybacks as other options narrow
    Reuterslast month

    Cash-rich Canadian oil firms favour buybacks as other options narrow

    CALGARY, Alberta/WINNIPEG, Manitoba (Reuters) - Canadian oil producers are raking in the highest revenues in five years thanks to strong global oil prices and Alberta's production cuts, but government intervention has hamstrung their spending abilities, encouraging many to buy back shares and pay down debt. Canada's main crude-producing province effectively became a mini-OPEC this year after the Alberta government imposed production quotas to relieve pipeline congestion and drain a glut of crude in storage. The oil patch's caution has contributed to a slow pace of deal-making, despite plenty of assets being up for sale.

  • Who Has Been Selling Canadian Natural Resources Limited (TSE:CNQ) Shares?
    Simply Wall St.last month

    Who Has Been Selling Canadian Natural Resources Limited (TSE:CNQ) Shares?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • 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.