Ronald Laing - Canadian Natural President

CNQ Stock  CAD 48.71  0.41  0.85%   

President

Mr. Ronald K. Laing serves as Senior Vice President Corporationrationrate Development and Land and Human Resources of the Company. He was officer of the Company since March 2009 prior thereto Commercial Operations Advisor of the Company from November 2003 to April 2004, and most recently Manager, Commercial Operations of the Company from April 2004 to March 2009.
Age 54
Address 2100, 855 - 2nd Street S.W., Calgary, AB, Canada, T2P 4J8
Phone403 517 6700
Webhttps://www.cnrl.com

Canadian Natural Management Efficiency

The company has return on total asset (ROA) of 0.0821 % which means that it generated a profit of $0.0821 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.191 %, meaning that it generated $0.191 on every $100 dollars invested by stockholders. Canadian Natural's management efficiency ratios could be used to measure how well Canadian Natural manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Canadian Natural's Return On Tangible Assets are very stable compared to the past year. As of the 23rd of November 2024, Return On Assets is likely to grow to 0.11, while Return On Capital Employed is likely to drop 0.12. At this time, Canadian Natural's Non Currrent Assets Other are very stable compared to the past year. As of the 23rd of November 2024, Total Current Assets is likely to grow to about 7.5 B, while Total Assets are likely to drop about 40.9 B.
Canadian Natural Resources has accumulated 12.35 B in total debt with debt to equity ratio (D/E) of 0.76, which is about average as compared to similar companies. Canadian Natural Res has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Canadian Natural until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Natural's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canadian Natural Res sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian Natural's use of debt, we should always consider it together with cash and equity.

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Canadian Natural Resources Limited explores for, develops, produces, and markets crude oil, natural gas, and natural gas liquids . Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada. CDN NATURAL operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 10180 people. Canadian Natural Resources (CNQ) is traded on Toronto Exchange in Canada and employs 10,272 people. Canadian Natural is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Canadian Natural Res Leadership Team

Elected by the shareholders, the Canadian Natural's board of directors comprises two types of representatives: Canadian Natural inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canadian. The board's role is to monitor Canadian Natural's management team and ensure that shareholders' interests are well served. Canadian Natural's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canadian Natural's outside directors are responsible for providing unbiased perspectives on the board's policies.
Pamela McIntyre, Senior Vice President - Safety, Risk Management and Innovation
Joy Romero, Vice-President of Technology Devel.
Norman OC, Executive Chairman
Lance Casson, Manager Relations
Steve Laut, Principal Executive Officer and President Non-Independent Director and Member of Health, Safety and Environmental Committee
Scott Stauth, Senior Vice President - North American Operations
Mark Overwater, VicePresident Marketing
Christopher Fong, Independent Director
Calvin Bast, Senior Production
Dean Halewich, Vice President - Facilities and Pipelines
Paul Mendes, Vice President - Legal, General Counsel, Corporate Secretary
Annette Verschuren, Independent Director
Ronald CA, Principal Fin
Real Cusson, Senior Vice President of Marketing
Brenda Balog, VP Counsel
Robin Zabek, Senior Vice President - Exploitation
Trevor Cassidy, Vice President-Production Central
Troy Andersen, Senior Vice President - Canadian Conventional Field Operations
David Tuer, Independent Director
Dwayne Giggs, Senior Exploration
Frank McKenna, Independent Director
Ronald Laing, Senior Vice President - Corporate Development and Land
Warren Raczynski, Senior Thermal
William Peterson, Senior Vice President - Production and Development Operations
Stephen Suche, Vice President - Information and Corporate Services
N Edwards, Executive Chairman of the Board
Jay Froc, Vice President - Infrastructure, Logistics and Project Controls
Kendall Stagg, Senior Vice President - Exploration
Darren Fichter, Chief Operating Officer - Exploration and Production
M Cannon, Independent Director
Catherine Best, Independent Director
Allan Frankiw, Senior Vice President - Production
Betty Yee, Vice President - Land
Gordon Giffin, Lead Independent Director
Tim McKay, President, Director
Wilfred Gobert, Independent Director
Mark CFA, CFO Finance
Timothy McKay, President Director
Mark Stainthorpe, Chief Financial Officer, Senior Vice President - Finance

Canadian Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Canadian Natural a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Canadian Natural

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Natural position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Natural will appreciate offsetting losses from the drop in the long position's value.

Moving against Canadian Stock

  0.34SAGE Sage Potash CorpPairCorr
The ability to find closely correlated positions to Canadian Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Natural when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Natural - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Natural Resources to buy it.
The correlation of Canadian Natural is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Natural Res moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Natural can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Canadian Natural Res is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Canadian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Canadian Natural Resources Stock. Highlighted below are key reports to facilitate an investment decision about Canadian Natural Resources Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Natural Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Please note, there is a significant difference between Canadian Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Natural's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.