CNQ icon

Canadian Natural Resources

30.71 USD
+0.33
1.09%
At close Feb 10, 4:00 PM EST
After hours
30.69
-0.02
0.07%
1 day
1.09%
5 days
2.23%
1 month
-6.20%
3 months
-10.26%
6 months
-14.03%
Year to date
-2.07%
1 year
0.62%
5 years
110.49%
10 years
99.93%
 

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 6,831 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: 266 | Existing positions reduced: 182

19% more first-time investments, than exits

New positions opened: 76 | Existing positions closed: 64

0% more funds holding

Funds holding: 608 [Q2] → 611 (+3) [Q3]

5.3% less ownership

Funds ownership: 147.98% [Q2] → 142.68% (-5.3%) [Q3]

10% less capital invested

Capital invested by funds: $56.6B [Q2] → $50.9B (-$5.7B) [Q3]

11% less funds holding in top 10

Funds holding in top 10: 38 [Q2] → 34 (-4) [Q3]

24% less call options, than puts

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

Research analyst outlook

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

Financial journalist opinion

Based on 12 articles about CNQ published over the past 30 days

Positive
Seeking Alpha
3 days ago
The Next Big Opportunity: My Favorite Dividend Stocks For The Shift Ahead
I believe we're at a turning point for cyclical stocks, with improving indicators and global growth signaling potential outperformance in industrials, energy, and transportation. I'm positioning my portfolio for this shift, adding to railroads, machinery, and energy stocks. I'm confident these sectors will see strong returns and accelerating dividend growth. Of course, risks remain - geopolitical tensions, inflation, or economic slowdowns could derail this trend. But for now, the risk/reward looks favorable.
The Next Big Opportunity: My Favorite Dividend Stocks For The Shift Ahead
Positive
Seeking Alpha
5 days ago
Golden Buying Opportunity: The More It Drops, The More I Buy
Two attractive dividend sectors have sold off heavily recently. This has opened up the opportunity to buy some of the very best dividend growth companies in each sector at very deep discounts and mouthwatering dividend yields. We share some of our top picks of the moment.
Golden Buying Opportunity: The More It Drops, The More I Buy
Positive
Zacks Investment Research
5 days ago
Canadian Natural and Shell Announce Swap Deal for AOSP Assets
CNQ is all set to strengthen its oil sands portfolio with an asset swap deal with Shell, increasing its AOSP mines stake to 100%.
Canadian Natural and Shell Announce Swap Deal for AOSP Assets
Positive
Seeking Alpha
6 days ago
I'm Buying Up To 10% Yield For Recurring Income
Inflation erodes purchasing power, making high-yield investments crucial for long-term financial goals; savings accounts and CDs may not suffice. That's why I prefer picking stocks that pay yields well above inflation and/or are poised for robust dividend growth. In this article, I highlight two such picks that are undervalued, offering income investors high income and capital appreciation potential.
I'm Buying Up To 10% Yield For Recurring Income
Positive
Seeking Alpha
1 week ago
Canadian Natural Resources: The Definition Of Shareholder Friendly Management
CNQ's management prioritizes maximizing shareholder value through efficient capital allocation in the form of debt reduction, dividend hikes, and timely share repurchases. With a 5-year dividend growth rate of 22% and frequent increases, CNQ offers a compelling combination of growth, yield, and safety. Share repurchases at favorable valuations enhance earnings per share and future dividend safety, reflecting management's confidence in CNQ's current valuation.
Canadian Natural Resources: The Definition Of Shareholder Friendly Management
Neutral
Newsfile Corp
1 week ago
Canadian Natural Resources Limited Announces Swap Transaction
Calgary, Alberta--(Newsfile Corp. - January 29, 2025) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural" or the "Company") announces that pursuant to a 2017 agreement with Shell Canada Limited and affiliates ("Shell") and as a result of certain conditions being met, Canadian Natural and Shell are transacting an asset swap related to the Athabasca Oil Sands Project ("AOSP"). Effectively, Canadian Natural will swap 10% of its working interest in the Scotford Upgrader and Quest Carbon Capture and Storage ("Quest") facilities for Shell's remaining 10% working interest in the AOSP mines, associated reserves and additional various working interests in a number of other non-producing oil sands leases.
Canadian Natural Resources Limited Announces Swap Transaction
Positive
Seeking Alpha
1 week ago
Canadian Natural Resources Has Strong Growth Potential
Canadian Natural Resources boasts a nearly $70 billion market cap, a 5% dividend yield, and strong cash flow supporting substantial shareholder returns. The company has over 10 billion barrels of reserves, producing 1.1 million barrels/day, making it Canada's largest crude oil and second-largest natural gas producer. The 2025 budget includes $6 billion in spending, focusing on oil and gas drilling, with expected production per share growth of 14%.
Canadian Natural Resources Has Strong Growth Potential
Positive
Seeking Alpha
2 weeks ago
Betting Against Trump? These 2 Dividend Stocks Could Win Big
The Trump administration's policies have created uncertainty for some sectors, but I see long-term value in the overlooked opportunities they present. By focusing on neglected, high-potential investments, I identify stocks suffering from policy-driven sentiment but primed for future growth. Despite short-term market reactions, these stocks are poised for significant returns. Their resilience and unique positions make them attractive for investors with a long-term outlook.
Betting Against Trump? These 2 Dividend Stocks Could Win Big
Neutral
Newsfile Corp
2 weeks ago
Canadian Natural Resources Limited Cautions Investors Regarding TRC Capital's Below Market "Mini-Tender" Offer
Calgary, Alberta--(Newsfile Corp. - January 22, 2025) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural" or the "Company") has received notice of an unsolicited "mini-‍tender" offer made by TRC Capital Investment Corporation ("TRC Capital") to purchase up to 2,500,000 Canadian Natural common shares, or approximately 0.12% of Canadian Natural's outstanding shares, at a price of C$43.25 per share. The offering price represents a discount of 4.44% to the closing price of Canadian Natural's shares on the Toronto Stock Exchange (the "TSX") on January 14, 2025, the last trading day before the mini-tender offer was commenced, and a 4.71‍% discount to the closing price of the Canadian Natural shares on the TSX on January 22, 2025.
Canadian Natural Resources Limited Cautions Investors Regarding TRC Capital's Below Market "Mini-Tender" Offer
Positive
Seeking Alpha
3 weeks ago
Buy The Dip: High Dividend Growth Stocks Getting Way Too Cheap
High-yield dividend growth stocks have pulled back recently. This has created some highly compelling opportunities. We share two of the very best high-yielding dividend growth stocks in the market that are currently way too cheap.
Buy The Dip: High Dividend Growth Stocks Getting Way Too Cheap
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