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Canadian Natural Resources Ltd CNQ Stock Quote

| Rating as of

XTSE: CNQ

Last close prices updated as of Jun 02, 2023, 4:00 PM EST | CAD
  • Last Close 73.82
  • Sector Energy
  • Industry Oil & Gas E&P
  • Investment Style Large Blend
  • Day Range 74.52  –  75.64
  • Year Range 58.75  –  86.59
  • Market Cap 82.1599 Bil
  • Volume / Avg 7.2 Mil /  6.2 Mil
  • Price / Sales 1.78
  • Price / Book 2.09
  • Forward Div Yield 4.88%
  • Trailing Div Yield 7.51%

Morningstar‘s Stock Analysis CNQ

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

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Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

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Key Statistics CNQ

Company Profile CNQ

Business Description

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 the exploration, development, production, and marketing of 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.

Contact
855 - 2nd Street South West, Suite 2100
Calgary, AB, T2P 4J8, CAN
Sector Energy
Industry Oil & Gas E&P
Employees 7,657

Related Articles CNQ

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of CNQ’s competitive advantage.

Canadian Natural Resources Ltd

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Suncor Energy Inc

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Cenovus Energy Inc

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Price
75.2764.4439.2522.82
Currency
CADCADCADCAD
Change
+$1.45 (1.96%) +$1.76 (2.81%) +$0.71 (1.84%) +$0.64 (2.89%)
Market Cap
82.16 Bil37.64 Bil51.40 Bil43.51 Bil
Industry
Oil & Gas E&P Oil & Gas Integrated Oil & Gas Integrated Oil & Gas Integrated
Sector
Energy
Energy
Energy
Energy

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Canadian Natural Resources Ltd Stock

Yes. CNQ has a forward dividend yield of 4.88%. See CNQ’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

CNQ’s market cap is 82.16 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

CNQ’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

CNQ’s price/sales is 1.78.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

CNQ’s price/forward earnings is 8.67.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

CNQ’s price/book is 2.10.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See CNQ’s valuation ratios compared to the Market Index.

CNQ’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare CNQ’s historical performance against its industry peers and the overall market.