Frank McKenna - Canadian Natural Independent Director

CNQ Stock  USD 34.84  0.29  0.84%   

Director

The Hon. Frank J. McKenna, P.C., O.C., O.N.B., QC., serves as Independent Director of Canadian Natural Resource Ltd since 2006.
Age 73
Tenure 18 years
Professional MarksMBA
Address 2100, 855 - 2nd Street S.W., Calgary, AB, Canada, T2P 4J8
Phone403 517 6700
Webhttps://www.cnrl.com
F.J. McKenna was the Deputy Chair of TD Bank Group since May 2006. Prior to this, he served as Canadian Ambassador to the United States from 2005 to 2006. From 1998 to 2005, he acted as Counsel to the Atlantic Canada law firm McInnes Cooper, while serving on numerous boards, and he was Premier of New Brunswick from 1987 to 1997. He holds a Bachelor of Arts degree from St. Francis Xavier University, a postgraduate degree in political science from Queen’s University, and a Bachelor of Laws degree from the University of New Brunswick. He received the Order of Canada in 2008.

Canadian Natural Management Efficiency

The company has Return on Asset of 0.0821 % which means that on every $100 spent on assets, it made $0.0821 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.191 %, implying that it generated $0.191 on every 100 dollars invested. 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 relatively stable compared to the past year. As of 11/25/2024, Return On Assets is likely to grow to 0.11, while Return On Capital Employed is likely to drop 0.12. As of 11/25/2024, Total Current Liabilities is likely to grow to about 7.8 B, while Liabilities And Stockholders Equity is likely to drop slightly above 40.8 B.
Canadian Natural Resources has 12.35 B in debt with debt to equity (D/E) ratio of 0.38, which is OK given its current industry classification. Canadian Natural Res has a current ratio of 0.76, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Canadian to invest in growth at high rates of return.

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Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids . Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada. Canadian Natural operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 9735 people. Canadian Natural Resources (CNQ) is traded on New York Stock Exchange in USA. It is located in 2100, 855 - 2nd Street S.W., Calgary, AB, Canada, T2P 4J8 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.
Dawn Farrell, Independent Director
Pamela McIntyre, Senior Vice President - Safety, Risk Management and Innovation
Bryan Bradley, Senior Vice President of Marketing
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
Troy Anderson, Senior Vice President - Canadian Conventional Field Operations
Mark Overwater, VicePresident Marketing
Christopher Fong, Independent Director
Calvin Bast, Senior Vice President - Production
Dean Halewich, Vice President - Facilities and Pipelines
Paul Mendes, Vice President - Legal, General Counsel, Corporate Secretary
Annette Verschuren, Independent Director
Erin Lunn, Vice President - Land
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
Kyle Pisio, Vice President - Drilling, Completions and Asset Retirement
Dwayne Giggs, Senior Vice President - 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
Norman Edwards, Non-Independent Chairman of the Board
Roy Roth, Vice President - Facilities and Pipelines
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.
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

Additional Tools for Canadian Stock Analysis

When running Canadian Natural's price analysis, check to measure Canadian Natural's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Natural is operating at the current time. Most of Canadian Natural's value examination focuses on studying past and present price action to predict the probability of Canadian Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Natural's price. Additionally, you may evaluate how the addition of Canadian Natural to your portfolios can decrease your overall portfolio volatility.