Canadian Natural Resources is a oil and gas company located in Alberta, Canada, which is part of the Energy sector, and is traded under the ticker CNQ on the NYSE exchange.
Canadian Natural Resources stock last closed at $61.65, up 0% from the previous day, and has increased 21.43% in one year. It has overperformed other stocks in the Oil & Gas E&P industry by 0.16 percentage points. Canadian Natural Resources stock is currently +38.7% from its 52-week low of $44.45, and -6.84% from its 52-week high of $66.18.
There are currently 1.09B shares of CNQ outstanding. The market value of CNQ is $67.34B. In the last 24 hours, 2.75M CNQ shares were traded.
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Now that you've chosen the right brokerage, you'll need to fill out some personal details so you are able to invest in CNQ today.
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Once you have chosen the best place to buy Canadian Natural Resources stock, it's crucial to research their stock before you invest, so you truly comprehend the risk and opportunity.
WallStreetZen was built to help everyday investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CNQ's stock page.
Analysts use many financial metrics, analyses, models, and charts to gauge CNQ's true value.
Using relative valuations methods:
You can do additional valuation research on CNQ's stock here.
Out of 4 sell side analysts who monitor CNQ, the consensus analyst rating on CNQ is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Dennis Fong, a bottom 45% analyst from CiBC maintains CNQ with a buy rating and raises their CNQ price target from $90.00 to $93.00, on Aug 29, 2023.
Lloyd Byrne, a top 1% analyst from Jefferies maintains CNQ with a hold rating and raises their CNQ price target from $84.00 to $94.00, on Aug 28, 2023.
Roger Read, a top 1% analyst from Wells Fargo maintains CNQ with a hold rating and raises their CNQ price target from $80.00 to $85.00, on Aug 4, 2023.
Travis Wood, a top 38% analyst from National Bank Financial Inc maintains CNQ with a buy rating and lowers their CNQ price target from $105.00 to $93.00, on Jun 29, 2023.
You can dive deeper into what analysts are saying on the Canadian Natural Resources stock forecast page.
Last year, CNQ earnings were $5.75B. Over the last five year, CNQ's earnings have grown by 25.96% per year. This was slower than the Oil & Gas E&P industry average of 28.15%.
Last year, CNQ revenue was $27.78B. In the past 5 year, CNQ's revenue has gone up by 11.52% per year. This was slower than the Oil & Gas E&P industry average of 25.99%.
You can analyze CNQ's earnings and revenue performance here.
In the last 12 months, insiders at CNQ have not bought or sold any shares.
Learn more about who owns CNQ stock here.
Canadian Natural Resources pays a dividend of 4.26%, compared to the Oil & Gas E&P industry's average dividend yield of 4.13%. If you owned $1,000 of CNQ stock, you would have been paid $42.56 in the past 12 months.
Canadian Natural Resources dividend payments have consistently grown over the past decade but have not remained stable.
Get more analysis about Canadian Natural Resources dividend yield and history here.
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