Canadian Natural Resources Ltd's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 11/120 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 52.56.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Canadian Natural Resources Ltd's Score
Industry at a Glance
Industry Ranking
11 / 120
Overall Ranking
97 / 4563
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
8
analysts
Buy
Current Rating
52.559
Target Price
+54.27%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Canadian Natural Resources Ltd Highlights
StrengthsRisks
Canadian Natural Resources Limited is a senior crude oil and natural gas production company. The Company has operations in its core areas located in Western Canada, the United Kingdom portion of the North Sea and Offshore Africa. Its Oil Sands Mining and Upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations at Horizon Oil Sands (Horizon) and through the Company's direct and indirect interest in the Athabasca Oil Sands Project (AOSP). Within Western Canada in the Midstream and Refining segment, the Company maintains certain activities that include pipeline operations, an electricity co-generation system and an investment in the North West Redwater Partnership (NWRP), a general partnership formed to upgrade and refine bitumen in the Province of Alberta. Its Pelican Lake asset is a large, contiguous, shallow, medium crude oil pool. It produces natural gas in western Canada and has a significant land base in both the Montney and Deep Basin.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 74.30%.
Fairly Valued
The company’s latest PB is 2.35, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 1.57B shares, increasing 0.02% quarter-over-quarter.
Canadian Natural Resources Limited is a senior crude oil and natural gas production company. The Company has operations in its core areas located in Western Canada, the United Kingdom portion of the North Sea and Offshore Africa. Its Oil Sands Mining and Upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations at Horizon Oil Sands (Horizon) and through the Company's direct and indirect interest in the Athabasca Oil Sands Project (AOSP). Within Western Canada in the Midstream and Refining segment, the Company maintains certain activities that include pipeline operations, an electricity co-generation system and an investment in the North West Redwater Partnership (NWRP), a general partnership formed to upgrade and refine bitumen in the Province of Alberta. Its Pelican Lake asset is a large, contiguous, shallow, medium crude oil pool. It produces natural gas in western Canada and has a significant land base in both the Montney and Deep Basin.
Ticker SymbolCNQ
CompanyCanadian Natural Resources Ltd
CEOStauth (Scott G)
Websitehttps://www.cnrl.com/
FAQs
What is the current price of Canadian Natural Resources Ltd (CNQ)?
The current price of Canadian Natural Resources Ltd (CNQ) is 32.795.
What is the symbol of Canadian Natural Resources Ltd?
The ticker symbol of Canadian Natural Resources Ltd is CNQ.
What is the 52-week high of Canadian Natural Resources Ltd?
The 52-week high of Canadian Natural Resources Ltd is 49.200.
What is the 52-week low of Canadian Natural Resources Ltd?
The 52-week low of Canadian Natural Resources Ltd is 34.920.
What is the market capitalization of Canadian Natural Resources Ltd?
The market capitalization of Canadian Natural Resources Ltd is 68.38B.
What is the net income of Canadian Natural Resources Ltd?
The net income of Canadian Natural Resources Ltd is 6.11B.
Is Canadian Natural Resources Ltd (CNQ) currently rated as Buy, Hold, or Sell?
According to analysts, Canadian Natural Resources Ltd (CNQ) has an overall rating of Buy, with a price target of 52.559.
What is the Earnings Per Share (EPS TTM) of Canadian Natural Resources Ltd (CNQ)?
The Earnings Per Share (EPS TTM) of Canadian Natural Resources Ltd (CNQ) is 2.282.