CNQ:CA:TSX-Canadian Natural Resources Limited (CAD)

COMMON STOCK | Oil & Gas E&P | TSX

Last Closing Price

CAD 34.71

Change

-0.69 (-1.95)%

Market Cap

CAD 40.99B

Volume

8.62M

Average Target Price

CAD 37.39 (+7.71%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Canadian Natural Resources Limited explores for, develops, produces, and markets crude oil, natural gas, and natural gas liquids (NGLs). The company offers synthetic crude oil (SCO), light and medium crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake heavy crude oil. Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2019, the company had gross proved crude oil, bitumen, SCO, and NGLs reserves totaled 9,917 million barrels; gross proved plus probable crude oil, bitumen, SCO, and NGLs reserves totaled 12,651 million barrels; proved natural gas reserves totaled 6,460 billion cubic feet; and gross proved plus probable natural gas reserves totaled 9,607 billion cubic feet. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada. Address: 2100, 855-2nd Street SW, Calgary, AB, Canada, T2P 4J8

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-02-26 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
CNU:CA CNOOC Limited

-1.19 (-0.79%)

CAD70.46B 12.94 0.83
OVV:CA Ovintiv Inc

+0.63 (+2.19%)

CAD7.69B 3.13 3.76
TOU:CA Tourmaline Oil Corp

-0.04 (-0.17%)

CAD6.31B 124.52 6.47
PSK:CA PrairieSky Royalty Ltd

-0.21 (-1.60%)

CAD2.88B 93.48 19.58
VII:CA Seven Generations Energy Ltd

-0.05 (-0.59%)

CAD2.80B 1.96 14.01
ARX:CA ARC Resources Ltd

-0.11 (-1.42%)

CAD2.69B 17.30 6.24
PXT:CA Parex Resources Inc

-0.33 (-1.60%)

CAD2.63B 22.29 6.45
WCP:CA Whitecap Resources Inc

-0.18 (-3.07%)

CAD2.63B 30.85 5.99
CPG:CA Crescent Point Energy Corp

-0.14 (-2.91%)

CAD2.50B N/A 4.30
MEG:CA MEG Energy Corp

-0.18 (-2.67%)

CAD2.00B 29.00 19.25

ETFs Containing CNQ:CA

Symbol Name Weight Mer Price(Change) Market Cap
HEX:CA Horizons Enhanced Income .. 0.00 % 0.65 %

-0.02 (-0.33%)

CAD0.02B
RQH:CA RBC Target 2020 Corporate.. 0.00 % 0.20 %

N/A

CAD0.02B
XCV:CA iShares Canadian Value In.. 0.00 % 0.50 %

-0.22 (-0.82%)

CAD0.04B
XEG:CA iShares S&P/TSX Capped En.. 0.00 % 0.55 %

-0.13 (-1.73%)

CAD0.76B
XEI:CA iShares S&P/TSX Composite.. 0.00 % 0.20 %

-0.33 (-1.56%)

CAD0.85B
XEN:CA iShares Jantzi Social Ind.. 0.00 % 0.50 %

N/A

CAD0.09B
ZEO:CA BMO Equal Weight Oil &.. 0.00 % 0.55 %

-0.75 (-2.14%)

CAD0.11B
DXC:CA Dynamic Active Canadian D.. 0.00 % 0.75 %

-0.18 (-0.67%)

CAD0.05B
MCLC:CA Manulife Multifactor Cana.. 0.00 % 0.45 %

-0.61 (-2.16%)

CAD0.22B
ZVC:CA BMO MSCI Canada Value Ind.. 0.00 % 0.35 %

-0.15 (-0.73%)

CAD4.01M

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas E&P)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 13.47% 14% F 78% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 13.47% 14% F 78% C+
Trailing 12 Months  
Capital Gain 0.46% 30% F 28% F
Dividend Return 4.92% 94% A 82% B-
Total Return 5.38% 32% F 35% F
Trailing 5 Years  
Capital Gain 26.73% 85% B 52% F
Dividend Return 22.80% 93% A 72% C-
Total Return 49.53% 87% B+ 59% F
Average Annual (5 Year Horizon)  
Capital Gain -8.51% 71% C- 14% F
Dividend Return 3.20% 90% A- 78% C+
Total Return -5.31% 73% C 16% F
Risk Return Profile  
Volatility (Standard Deviation) 19.41% 87% B+ 39% F
Risk Adjusted Return -27.37% 69% D+ 21% F
Market Capitalization 40.99B 98% A+ 97% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas E&P)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 695.33 2% F 1% F
Price/Book Ratio 1.25 25% F 65% D
Price / Cash Flow Ratio 4.64 31% F 63% D
EV/EBITDA 10.22 27% F 57% F
Management Effectiveness  
Return on Equity -1.75% 87% B+ 44% F
Return on Invested Capital 11.15% 88% B+ 83% B
Return on Assets 0.28% 71% C- 41% F
Debt to Equity Ratio 53.13% 39% F 48% F
Technical Ratios  
Short Ratio 2.12 50% F 33% F
Short Percent N/A N/A N/A N/A N/A
Beta 2.28 64% D 9% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.