Now trading at a price of $28.8, Canadian Natural Resources has moved 2.2% so far today.
Canadian Natural Resources returned losses of -24.8% last year, with its stock price reaching a high of $39.2 and a low of $24.65. Over the same period, the stock underperformed the S&P 500 index by -31.1%. AThe company's 50-day average price was $29.24. Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. Based in Calgary, Canada, the Large-Cap Energy company has 10,640 full time employees. Canadian Natural Resources has offered a 7.6% dividend yield over the last 12 months.
Generally Positive Cash Flows but Not Enough Current Assets to Cover Current Liabilities:
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $22,871 | $16,893 | $30,057 | $42,298 | $35,968 | $35,656 |
| Net Margins | 24% | -3% | 25% | 26% | 23% | 17% |
| Net Income (M) | $5,416 | -$435 | $7,664 | $10,937 | $8,233 | $6,106 |
| Net Interest Expense (M) | -$836 | -$756 | -$711 | -$549 | -$636 | -$592 |
| Depreciation & Amort. (M) | $5,546 | $6,046 | $5,724 | $7,353 | $6,413 | $6,681 |
| Earnings Per Share | $4.54 | -$0.37 | $6.46 | $4.76 | $3.74 | $2.85 |
| EPS Growth | n/a | -108.15% | 1845.95% | -26.32% | -21.43% | -23.8% |
| Free Cash Flow (M) | $8,829 | $4,714 | $14,478 | $19,391 | $12,353 | $13,386 |
| Total Debt (M) | $18,591 | $20,110 | $13,694 | $11,041 | $9,819 | $16,419 |
| Current Ratio | 0.68 | 0.86 | 0.8 | 0.82 | 0.96 | 0.77 |
Canadian Natural Resources's Valuation Is in Line With Its Sector Averages:
Canadian Natural Resources has a trailing twelve month P/E ratio of 14.3, compared to an average of 13.62 for the Energy sector. Based on its EPS guidance of $2.59, the company has a forward P/E ratio of 11.3. The -7.7% compound average growth rate of Canadian Natural Resources's historical and projected earnings per share yields a PEG ratio of -1.86. This indicates that its shares are overvalued.In contrast, the market is likely undervaluing Canadian Natural Resources in terms of its equity because its P/B ratio is 1.53 while the sector average is 1.86.
Canadian Natural Resources Is the Subject of Mixed Market Indicators:
The 2 analysts following Canadian Natural Resources have set target prices ranging from $32.432472 to $37.027153 per share, for an average of $34.73 with a buy rating. The company is trading -17.1% away from its average target price, indicating that there is an analyst consensus of some upside potential.
The largest shareholder is Capital World Investors, whose 13% stake in the company is worth $7,671,016,654.
