Canadian Natural Resources Stock Today

CNQ Stock  USD 34.55  0.29  0.83%   

Performance

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Odds Of Distress

Less than 12

 
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Low
Canadian Natural is selling at 34.55 as of the 23rd of November 2024; that is 0.83 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 33.81. Canadian Natural has less than a 12 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Canadian Natural Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of December 2022 and ending today, the 23rd of November 2024. Click here to learn more.
Business Domain
Energy
IPO Date
17th of May 1976
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. The company has 2.11 B outstanding shares of which 21.57 M shares are currently shorted by investors with about 4.88 days to cover. More on Canadian Natural Resources

Moving together with Canadian Stock

  0.66SM SM EnergyPairCorr

Canadian Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Executive ChairmanNorman OC
Thematic IdeaPetroleum and Natural Gas (View all Themes)
Business ConcentrationOil & Gas Exploration & Production, Oil & Gas E&P, Energy, NYSE Composite, SP TSX Composite, Thomson Reuters Canada, Petroleum and Natural Gas, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.270.4522
Way Down
Pretty Stable
Net Debt9.7 B11.5 B
Fairly Down
Slightly volatile
Total Current Liabilities7.8 B7.4 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total18.6 B28.7 B
Way Down
Slightly volatile
Total Assets40.8 B76 B
Way Down
Slightly volatile
Total Current Assets7.5 B7.2 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities13 B12.4 B
Sufficiently Up
Slightly volatile
Debt Levels
Canadian Natural can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canadian Natural's financial leverage. It provides some insight into what part of Canadian Natural's total assets is financed by creditors.
Liquidity
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.

Net Income

8.64 Billion
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. The company currently falls under 'Large-Cap' category with a total capitalization of 73.65 B. Canadian Natural Res runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 2.11 B outstanding shares of which 21.57 M shares are currently shorted by investors with about 4.88 days to cover. Canadian Natural Resources has about 920 M in cash with 12.35 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.87.
Check Canadian Natural Probability Of Bankruptcy
Ownership Allocation
Canadian Natural holds a total of 2.11 Billion outstanding shares. The majority of Canadian Natural Resources outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Canadian Natural Res to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Canadian Natural. Please pay attention to any change in the institutional holdings of Canadian Natural Resources as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Canadian Ownership Details

Canadian Stock Institutional Holders

InstituionRecorded OnShares
1832 Asset Management L.p2024-09-30
33.8 M
T. Rowe Price Investment Management,inc.2024-09-30
31.7 M
Mackenzie Investments2024-09-30
30.1 M
Yacktman Asset Management Co2024-09-30
29 M
Manufacturers Life Insurance Co2024-09-30
28.5 M
Bank Of Nova Scotia2024-06-30
27 M
Cibc World Markets Inc.2024-06-30
26.6 M
Cibc Global Asset Management Inc2024-09-30
22.8 M
Morgan Stanley - Brokerage Accounts2024-06-30
22.8 M
Capital World Investors2024-09-30
278.9 M
Royal Bank Of Canada2024-06-30
114.8 M
View Canadian Natural Diagnostics

Canadian Natural Historical Income Statement

At this time, Canadian Natural's Income Before Tax is relatively stable compared to the past year. As of 11/23/2024, Net Income is likely to grow to about 8.6 B, while Gross Profit is likely to drop slightly above 4.7 B. View More Fundamentals

Canadian Stock Against Markets

Canadian Natural Corporate Directors

Christopher FongIndependent DirectorProfile
Annette VerschurenIndependent DirectorProfile
David TuerIndependent DirectorProfile
Frank McKennaIndependent DirectorProfile

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.