Shares of Canadian Natural Resources have moved 0.9% today, and are now trading at a price of $31.66. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 459,017 compared to the stock's average volume of 6,580,471.
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 company has 10,640 full time employees and a market cap of $65,996,877,824. Canadian Natural Resources currently offers its equity investors a dividend that yields 8.9% per year.
The company is now trading -8.33% away from its average analyst target price of $34.54 per share. The 2 analysts following the stock have set target prices ranging from $33.414528 to $35.657837, and on average give Canadian Natural Resources a rating of buy.
Over the last 12 months CNQ shares have declined by -9.4%, which represents a difference of -23.6% when compared to the S&P 500. The stock's 52 week high is $35.03 per share and its 52 week low is $24.65. With its net margins declining an average -5.5% over the last 6 years, Canadian Natural Resources declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 35,656,000 | 6,106,000 | 17 | -26.09 |
| 2023 | 35,968,000 | 8,233,000 | 23 | -11.54 |
| 2022 | 42,298,000 | 10,937,000 | 26 | 4.0 |
| 2021 | 30,057,000 | 7,664,000 | 25 | 933.33 |
| 2020 | 16,893,000 | -435,000 | -3 | -112.5 |
| 2019 | 22,871,000 | 5,416,000 | 24 |
