Canadian Natural Resources
CNQ

$34.42

0.03%

Market Cap: 36.8B

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 6,702 funds

–

Analysts bullish %

0

News positive %

of 6 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

51% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 61

28% more repeat investments, than reductions

Existing positions increased: 226 | Existing positions reduced: 176

24% more funds holding in top 10

Funds holding in top 10: 37 [Q4 2023] → 46 (+9) [Q1 2024]

18% more capital invested

Capital invested by funds: $52.2B [Q4 2023] → $61.7B (+$9.43B) [Q1 2024]

6% more funds holding

Funds holding: 548 [Q4 2023] → 579 (+31) [Q1 2024]

0.13% more ownership

Funds ownership: 73.45% [Q4 2023] → 73.58% (+0.13%) [Q1 2024]

28% less call options, than puts

Call options by funds: $413M | Put options by funds: $576M

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Research analyst outlook

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

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Financial journalist opinion

Based on 6 articles about CNQ published over the past 30 days

Zacks Investment Research

Canadian Natural Resources (CNQ) Reports Next Week: Wall Street Expects Earnings Growth

Canadian Natural Resources (CNQ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Canadian Natural Resources (CNQ) Reports Next Week: Wall Street Expects Earnings Growth

I'm Buying Up To 11% Yield For Recurring Income

Buying and selling stocks involves emotions and hopes for the future, making it a complex decision-making process. That's why a buy-and-hold strategy may work better, especially when it comes to dividend stocks that pay you for holding them. Income stocks like CCAP and CNQ offer potentially strong long-term total return potential, allowing investors to capitalize on undervalued opportunities while receiving recurring income.

I'm Buying Up To 11% Yield For Recurring Income

Zacks Investment Research

Is the Options Market Predicting a Spike in Canadian Natural (CNQ) Stock?

Investors need to pay close attention to Canadian Natural (CNQ) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Canadian Natural (CNQ) Stock?

Canadian Natural Resources: One Of The Best Oil And Gas Yields

Canadian Natural Resources Limited offers one of the strongest shareholder yields in the oil and gas industry, with substantial growth potential. Positive macro outlook for the Company due to firming oil prices, improved transportation capacity, and potential Fed rate cuts. CNQ is expected to report strong earnings, with revenue and earnings growth and high cash flow generation.

Canadian Natural Resources: One Of The Best Oil And Gas Yields

Zacks Investment Research

These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar

One Year Later. The U.S. Conviction Picks Beat The Market, With No Magnificent 7

A U.S. GARP portfolio was created in mid-2023. Our personal stock portfolio from 2015 has outperformed the market by 1.5% annually. The GARP portfolio focused on growth at a reasonable price, avoiding excessive valuations, and excluded the Magnificent 7 stocks.

One Year Later. The U.S. Conviction Picks Beat The Market, With No Magnificent 7

Canadian Natural Resources Advantage: Low Breakeven Costs, High Reserves, And Strong Shareholder Returns

Canadian Natural Resources is the largest Canadian oil company with shares up 162% in the past five years. The company operates primarily in Canadian oil sands, has extensive reserves, and benefits from the Trans Mountain Pipeline expansion. With vast reserves, a low breakeven price, and a commitment to strong shareholder returns CNQ is a buy.

Canadian Natural Resources Advantage: Low Breakeven Costs, High Reserves, And Strong Shareholder Returns

Buying A Dollar For 60 Cents - 3 Highly Attractive Dividend Stocks To Buy

The S&P 500's recent gains are concentrated in a few stocks, raising diversification concerns and making stock picking more attractive for future earnings growth in various sectors. Investors should focus on stocks with strong balance sheets and consistent dividend growth while avoiding low-quality small caps despite the potential for market broadening. Three standout dividend stocks are highlighted for their significant undervaluation, financial health, and high growth potential, offering promising opportunities for discerning investors.

Buying A Dollar For 60 Cents - 3 Highly Attractive Dividend Stocks To Buy

2 Amazing Energy Dividends With Up To 8% Yield

Value investing remains favorable, despite missing out on hot stocks like Nvidia and Dell Technologies due to inflated valuations in tech growth stocks. The stock market is forward-looking, with tech growth stocks already pricing in future earnings, potentially leading to lackluster gains in the future. Canadian Natural Resources offers stability with its oil sands reserves and strong free cash flow returns, while MPLX provides reliable cash flows and growth potential in the midstream energy sector.

2 Amazing Energy Dividends With Up To 8% Yield

3 Oil & Gas Stocks to Buy Now: June 2024

Oil and gas stocks have gotten left out of the party in 2024. The price of crude oil dipped below $80 per barrel in April and has not risen much past that mark as investors fret about a potential economic slowdown.

3 Oil & Gas Stocks to Buy Now: June 2024

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