CNQ Stock Analysis – A Concise Overview for Investors

Large-cap Energy company Canadian Natural Resources has moved -2.6% so far today on a volume of 4,639,335, compared to its average of 3,111,178. In contrast, the S&P 500 index moved 1.0%.

Canadian Natural Resources trades 1.69% away from its average analyst target price of $78.83 per share. The 9 analysts following the stock have set target prices ranging from $69.25 to $88.4, and on average have given Canadian Natural Resources a rating of buy.

If you are considering an investment in CNQ, you'll want to know the following:

  • Canadian Natural Resources has moved 34.0% over the last year, and the S&P 500 logged a change of 24.5%

  • Based on its trailing earnings per share of 5.49, Canadian Natural Resources has a trailing 12 month Price to Earnings (P/E) ratio of 14.6 while the S&P 500 average is 15.97

  • CNQ has a forward P/E ratio of 11.9 based on its forward 12 month price to earnings (EPS) of $6.76 per share

  • The company has a price to earnings growth (PEG) ratio of -27.55 — a number near or below 1 signifying that Canadian Natural Resources is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 2.16 compared to its sector average of 1.78

  • Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs).

  • Based in Calgary, the company has 10,272 full time employees and a market cap of $85.85 Billion. Canadian Natural Resources currently returns an annual dividend yield of 4.5%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.