Skip to Content
Morningstar

Canadian Natural Resources Ltd CNQ Stock Quote

Morningstar Rating
| Rating as of

NYSE:CNQ

Morningstar‘s Stock Analysis CNQ

There is no Morningstar’s Analysis data available.

Key Statistics CNQ

More

Company Profile CNQ

Business Description

Canadian Natural Resources is one of the largest oil and natural gas producers in western Canada, supplemented by operations in the North Sea and Offshore Africa. The company’s portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas. Production averaged 1.16 million barrels of oil equivalent per day in 2020, and the company estimates that it holds over 11.5 billion boe of proven and probable crude oil and natural gas reserves.

Contact
855 - 2nd Street S.W, Suite 2100
Calgary, AB, T2P 4J8, Canada
T +1 403 514-7605
Sector Energy
Industry Oil & Gas E&P
Most Recent Earnings Sep 30, 2022
Fiscal Year End Dec 31, 2022
Employees 9,735

Related News CNQ

Stock Strategist Industry Reports

Oil Sands Will Survive and Then Thrive

The market does not appreciate their near-term resiliency nor the long-term cash flow potential.
Joe Gemino
Stock Analyst Update

Storage Fears Spark Epic Collapse for WTI Crude

Widespread social distancing due to the coronavirus has dragged down gasoline consumption and storage utilization is rapidly climbing.
Dave Meats
Stock Analyst Update

We See Tremendous Long-Term Opportunity in Oil Sands

Cenovus Energy remains our top pick among the subsector.
Joe Gemino
Stock Analyst Update

Canadian Natural Resources Gets Bargain With AOSP Deal

The market isn't giving the company enough credit for the recent acquisition.
Joe Gemino
Stock Strategist

Oil and Gas Price Outlook: Updating Our Near-Term Methodology for Forecasting Prices

In isolation, this will be a valuation tailwind for our coverage, but in most cases it will be modest.
Stephen Simko
Investing Specialists

Ultimate Stock-Pickers: Top 10 Buys and Sells

The downturn in the global equity markets provided our top managers with the opportunity to add to existing holdings and make new-money purchases.
The Morningstar Ultimate Stock-Pickers Team
Credit Insights

Deluge of New Issues Pressures Corporate Credit Spreads

New issue supply starting to overwhelm demand.
David Sekera
Investing Specialists

Sticking With Commodities Despite the Drop

Readers cite diversification, inflation-hedging advantages as reasons to hold on.
Adam Zoll
Credit Insights

Investment Bankers Must Be on Spring Break

New issue supply fell well short of demand to put money to work last week.
David Sekera
Quarter-End Insights

Our Outlook for Energy Stocks

U.S. tight oil remains front and center for investors and market observers, for good reason.
Jason Stevens
Stock Strategist Industry Reports

Our Transition to Net Asset Value Methodology for Oil Sands Producers

We have modestly reduced the fair value estimates for our covered oil sands producers; CNRL remains a Best Idea.
David McColl
Commentary

What Investors Were Researching in September

International opportunities, income, and M&A activity were on investors' minds in September.
Jeremy Glaser
Quarter-End Insights

Our Outlook for Energy Stocks

U.S. oil production shows strength, while political turmoil threatens the global oil supply outlook.
Stephen Ellis
Commentary

What Investors Were Researching in August

The Fed's taper dominated the headlines in August, but investors were looking for undervalued stocks, yield, and international opportunities.
Jeremy Glaser
Fund Spy

Do These Comeback Kids Have Long-Term Prospects?

A closer look at a dozen resurgent U.S.-stock funds.
Dan Culloton
Commentary

Stock Market Weakness Creating Pockets of Opportunity

The market decline this past week hasn't left stocks as a whole cheap, but there are growing opportunities for stock selectors.
Jeremy Glaser
Fund Spy

The Case for a Concentrated 1-Star Fund

This fund's comeback from the financial crisis has been balky, but it still has promise.
Dan Culloton
Commentary

What Investors Were Researching in January

Investors continued to be interested in Apple and income as the stock market posted solid performance to start off 2013.
Jeremy Glaser
Fund Spy

Sequoia Still Rock-Solid at Its Core

The fund is more diversified than in years past, but no less focused on quality and the long term.
Kevin McDevitt
Investing Specialists

10 High-Conviction Buys From Our Ultimate Stock-Pickers

Google emerges as a value stock, and our managers continue to say yes to tech.
The Morningstar Ultimate Stock-Pickers Team