CNQ:NYE-Canadian Natural Resources Ltd (USD)

COMMON STOCK | Oil & Gas E&P | NYE

Last Closing Price

USD 54.33

Change

-0.41 (-0.75)%

Market Cap

USD 64.98B

Volume

2.26M

Avg Analyst Target

USD 92.06 (+69.44%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


CNQ Stock Forecast & Price:
Based on the Canadian Natural Resources Ltd stock forecasts from 12 analysts, the average analyst target price for Canadian Natural Resources Ltd is USD 92.06 over the next 12 months. Canadian Natural Resources Ltd’s average analyst rating is Hold . Stock Target Advisor’s own stock analysis of Canadian Natural Resources Ltd is Bullish , which is based on 6 positive signals and 2 negative signals. At the last closing, Canadian Natural Resources Ltd’s stock price was USD 54.33. Canadian Natural Resources Ltd’s stock price has changed by +3.11% over the past week, +14.86% over the past month and +68.62% over the last year.

About Canadian Natural Resources Ltd (CNQ:NYE)

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells 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 ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-08-16 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
COP ConocoPhillips

-0.67 (-0.66%)

USD128.28B 8.31 4.40
EOG EOG Resources Inc

+0.13 (+0.12%)

USD65.80B 11.52 6.26
OXY Occidental Petroleum Corporati..

-0.83 (-1.29%)

USD59.93B 6.33 4.54
PXD Pioneer Natural Resources Co

-0.82 (-0.36%)

USD54.88B 9.41 5.13
CEO CNOOC Limited

N/A

USD53.21B 10.59 0.73
DVN Devon Energy Corporation

+0.01 (+0.02%)

USD42.92B 8.31 5.19
HES Hess Corporation

-0.58 (-0.52%)

USD34.51B 23.61 8.66
CLR Continental Resources Inc

-0.46 (-0.68%)

USD24.71B 8.47 5.09
CTRA Coterra Energy Inc

+0.83 (+2.93%)

USD22.80B 6.87 5.11
DETNF Aker BP ASA

N/A

USD21.93B 9.59 4.18

ETFs Containing CNQ

Symbol Name Weight Mer Price(Change) Market Cap
IUTSF iShares S&P/TSX 60 Index .. 3.58 % 0.00 %

N/A

USD6.41B
FILL iShares MSCI Global Energ.. 0.00 % 0.39 %

-0.11 (-0.48%)

USD0.12B
HCAD:LSE HSBC ETFs Public Limited .. 0.00 % 0.25 %

+0.21 (+0.98%)

USD0.04B
IS0D:F iShares V Public Limited .. 0.00 % 0.55 %

+0.47 (+2.04%)

USD0.46B
XCAD:LSE Xtrackers MSCI Canada ESG.. 0.00 % 0.35 %

+0.63 (+0.88%)

USD0.32B
XDW0:LSE db x-trackers MSCI World .. 0.00 % 0.25 %

+0.02 (+0.04%)

USD1.59B
WNRG:LSE Westmount Energy Ltd 0.00 % 0.30 %

+0.12 (+0.28%)

USD0.62B
UC87:LSE UBS MSCI Canada UCITS hed.. 0.00 % 0.33 %

+10.50 (+0.60%)

USD0.05B
UB23:LSE UBS MSCI Canada UCITS CAD.. 0.00 % 0.33 %

+22.00 (+0.68%)

USD2.14B
SPOG:LSE iShares V Public Limited .. 0.00 % 0.55 %

-4.00 (-0.20%)

USD0.46B
IOGP:LSE iShares Oil & Gas Explora.. 0.00 % 0.55 %

+0.01 (+0.03%)

USD0.46B
HCAN:LSE HSBC MSCI Canada UCITS ET.. 0.00 % 0.25 %

+13.25 (+0.75%)

USD0.04B
CSCA:LSE iShares VII Public Limite.. 0.00 % 0.48 %

+115.50 (+0.81%)

USD1.59B
GSY Invesco Ultra Short Durat.. 0.00 % 0.22 %

+0.01 (+0.02%)

USD2.28B
CCAU:LSE iShares VII PLC - iShares.. 0.00 % 0.48 %

+1.36 (+0.79%)

USD1.59B
VRAI Virtus Real Asset Income .. 0.00 % 0.55 %

+0.03 (+0.09%)

USD0.14B
ISDX Invesco RAFI™ Strategic.. 0.00 % 0.23 %

+0.11 (+0.40%)

USD0.40B
FLCA Franklin FTSE Canada ETF 0.00 % 0.09 %

+0.35 (+1.07%)

USD0.32B
PID Invesco International Div.. 0.00 % 0.56 %

+0.11 (+0.61%)

USD0.80B
NANR SPDR S&P® North American.. 0.00 % 0.35 %

+0.25 (+0.49%)

USD0.57B
IXC iShares Global Energy ETF 0.00 % 0.40 %

-0.12 (-0.33%)

USD2.15B
HND:CA BetaPro Natural Gas 2x Da.. 0.00 % 1.67 %

-0.15 (-11.69%)

USD0.09B
HGI Invesco Zacks Intl Mlt-As.. 0.00 % 0.98 %

N/A

USD9.44M
IS0D:XETRA iShares Oil & Gas Explora.. 0.00 % 0.55 %

+0.06 (+0.26%)

USD0.46B

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 28.59% 30% F 95% A
Dividend Return 3.15% 50% F 75% C
Total Return 31.74% 27% F 95% A
Trailing 12 Months  
Capital Gain 70.69% 45% F 97% A+
Dividend Return 7.50% 55% F 89% B+
Total Return 78.19% 43% F 97% A+
Trailing 5 Years  
Capital Gain 76.68% 52% F 81% B-
Dividend Return 25.33% 69% D+ 81% B-
Total Return 102.02% 56% F 84% B
Average Annual (5 Year Horizon)  
Capital Gain 22.89% 42% F 86% B
Dividend Return 5.70% 71% C- 87% B+
Total Return 28.60% 44% F 88% B+
Risk Return Profile  
Volatility (Standard Deviation) 62.83% 71% C- 13% F
Risk Adjusted Return 45.51% 75% C 66% D
Market Capitalization 64.98B 97% A+ 96% 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 7.52 60% D- 81% B-
Price/Book Ratio 2.03 59% F 41% F
Price / Cash Flow Ratio 4.49 70% C- 61% D-
EV/EBITDA 3.34 74% C 72% C-
Management Effectiveness  
Return on Equity 30.84% 59% F 86% B
Return on Invested Capital 13.78% 43% F 77% C+
Return on Assets 12.53% 56% F 92% A-
Debt to Equity Ratio 37.07% 63% D 69% D+
Technical Ratios  
Dividend Yield 4.17% 56% F 61% D-
Short Ratio 5.05 23% F 25% F
Short Percent 0.97% 81% B- 78% C+
Beta 2.08 42% F 7% 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 (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

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.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is 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.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.