Canadian Natural Resources
CNQ
Market cap $62.5B

29.58 USD

+0.07

0.24%

At close Dec 20, 4:00 PM EST

After hours

29.59

+0.01

0.03%

1 day

0.24%

5 days

-5.31%

1 month

-12.43%

3 months

-11.44%

6 months

-15.44%

Year to date

-10.01%

1 year

-7.30%

5 years

87.22%

10 years

90.96%

About: Canadian Natural Resources Ltd is an independent crude oil and natural gas exploration, development, and production company. The Company's exploration and production operations are focused in North America, largely in Western Canada; the United Kingdom (UK) portion of the North Sea, and Cote d'Ivoire and South Africa in Offshore Africa. The Company's exploration and production activities are conducted in three geographic segments: North America, the North Sea, and Offshore Africa. These activities include exploring, developing, producing, and marketing crude oil, natural gas liquids, and natural gas. The company has two divisions; Oil Sands Mining and Upgrading, Midstream and Refining. It derives a majority of its revenue from North America.

Employees: 10,272

0

Funds holding %

of 6,809 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

46% more repeat investments, than reductions

Existing positions increased: 265 | Existing positions reduced: 182

4% more first-time investments, than exits

New positions opened: 76 | Existing positions closed: 73

0% more funds holding

Funds holding: 607 [Q2] → 610 (+3) [Q3]

5.24% less ownership

Funds ownership: 146.66% [Q2] → 141.42% (-5.24%) [Q3]

8% less funds holding in top 10

Funds holding in top 10: 37 [Q2] → 34 (-3) [Q3]

10% less capital invested

Capital invested by funds: $56.1B [Q2] → $50.4B (-$5.64B) [Q3]

24% less call options, than puts

Call options by funds: $318M | Put options by funds: $418M

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for CNQ.

See Analyst Rankings

Financial journalist opinion

Based on 14 articles about CNQ published over the past 30 days

10 Stocks I'm Buying As REITs Have Never Looked So Good

The recent market selloff, driven by the Fed's revised rate-cut forecast, has made high-quality REITs attractively priced for long-term dividend growth investors. Despite poor stock price performance, REITs have strong fundamentals, with favorable earnings yield spreads and dividend yields compared to the broader market. REITs are undervalued due to being treated as bond proxies, but their strong commercial real estate fundamentals and historical outperformance post-Fed rate cuts suggest a buying opportunity.

10 Stocks I'm Buying As REITs Have Never Looked So Good

Defensive Oil Stocks To Watch In 2025 Amid $70 Brent Forecast: JP Morgan

JP Morgan analyst John M Royall highlighted key trends for the North American Integrated Oils sector entering 2025, with updates on forecasts, price targets, and ratings on major companies.

Defensive Oil Stocks To Watch In 2025 Amid $70 Brent Forecast: JP Morgan

The Federal Reserve Just Gave Dividend Investors A Huge Christmas Gift

The Federal Reserve just cut rates but reduced the outlook for future rate cuts. This sent the market tumbling lower. However, I believe this is a huge gift to dividend investors.

The Federal Reserve Just Gave Dividend Investors A Huge Christmas Gift

December's 5 Dividend Growth Stocks With 4.51%+ Yields

Dividend growth stocks, though not often the most exciting, can offer the potential for growing wealth and passive income over the long run. Every month, we screen for potential opportunities, starting with initial parameters, including dividend safety, growth, and consistency. Of course, further due diligence is essential; these initial screenings are just that “initial” and highlight potential names worth considering further but require further due diligence.

December's 5 Dividend Growth Stocks With 4.51%+ Yields

Why The Market May Get Turned Upside Down In 2025

AI stocks have dominated the market in 2024, dragging the S&P 500 higher with them. I think the market may get turned upside down in 2025. I share why and also share some of my top picks for the new year.

Why The Market May Get Turned Upside Down In 2025

Canadian Natural Resources: Pullback Is A Golden Opportunity For Value Investors

CNQ offers a 5% dividend yield, supported by a robust asset base, consistent production growth, and disciplined cost management, making it attractive for income and value investors. Strategic acquisitions, including Chevron's interests in the Athabasca Oil Sands Project and the Duvernay play, position CNQ for sustainable cash flow and near-term growth. With a 25-year streak of dividend increases, a low debt-to-EBITDA ratio, and a forward PE below its historical average, CNQ is attractively valued.

Canadian Natural Resources: Pullback Is A Golden Opportunity For Value Investors

Zacks Investment Research

Canadian Natural Finalizes Acquisition of Chevron's Alberta Assets

CNQ completes acquisition of Chevron Canada's Alberta assets, strengthening its position in the oil sands and natural gas sectors.

Canadian Natural Finalizes Acquisition of Chevron's Alberta Assets

'Tis The Season For Dividend Growth

Corporations often increase dividend payouts in Q1 of each year, making it crucial for income investors to position portfolios for 2025. Dividend growth investing is appealing due to recent federal funds rate cuts, offering multiple benefits like capital appreciation, inflation hedging, and compounding returns. Companies like Canadian Natural Resources, Brookfield Renewable Partners, Alexandria Real Estate Equities, and Prologis are well-positioned for dividend hikes due to strong cash flows and sustainable business models.

'Tis The Season For Dividend Growth

Canadian Natural Resources Limited Completes the Acquisition on Chevron's Alberta Assets and Announces Timing of 2025 Budget Release

Calgary, Alberta--(Newsfile Corp. - December 6, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural" or the "Company") announces it has completed the acquisition of Chevron Canada Limited's ("Chevron") Alberta assets, which include a 20% interest in the Athabasca Oil Sands Project ("AOSP") and a 70% operated interest in light crude oil and liquids rich Duvernay assets. Canadian Natural now owns 90% of AOSP, which includes the Muskeg River and Jackpine mines, the Scotford Upgrader and the Quest Carbon Capture and Storage facility.

Canadian Natural Resources Limited Completes the Acquisition on Chevron's Alberta Assets and Announces Timing of 2025 Budget Release

Zacks Investment Research

Should You Buy Canadian Natural Stock Amid Current Valuation or Hold?

CNQ offers impressive returns and strategic growth but declines in production within certain segments. its high valuation may pose risks for investors considering the stock.

Should You Buy Canadian Natural Stock Amid Current Valuation or Hold?

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