Canadian Natural Resources Stock Today

CNQ Stock  CAD 47.52  0.50  1.06%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 10

 
High
 
Low
Low
Canadian Natural is selling at 47.52 as of the 29th of November 2024; that is 1.06 percent increase since the beginning of the trading day. The stock's open price was 47.02. Canadian Natural has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading 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 8th of June 2023 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain
Energy
Canadian Natural Resources Limited explores for, develops, produces, and markets crude oil, natural gas, and natural gas liquids . Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada. CDN NATURAL operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. The company has 2.11 B outstanding shares of which 31.94 M shares are currently shorted by private and institutional investors with about 6.55 days to cover all short positions. More on Canadian Natural Resources

Canadian Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canadian Natural's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canadian Natural or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Canadian Natural's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Canadian Natural's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
Executive ChairmanNorman OC
Business ConcentrationOil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
Canadian Natural's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canadian Natural's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
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 cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Canadian Natural Resources has accumulated 12.35 B in total debt with debt to equity ratio (D/E) of 0.76, which is about average as compared to similar companies. Canadian Natural Res has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Canadian Natural until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Natural's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canadian Natural Res sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian Natural's use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

12.97 Billion
Canadian Natural Resources (CNQ) is traded on Toronto Exchange in Canada 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 'Mega-Cap' category with a current market capitalization of 100.42 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Natural's market, we take the total number of its shares issued and multiply it by Canadian Natural's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Canadian Natural Res operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 2.11 B outstanding shares of which 31.94 M shares are currently shorted by private and institutional investors with about 6.55 days to cover all short positions. Canadian Natural Resources has accumulated about 920 M in cash with 12.35 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43.
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 Natural Res Risk Profiles

Although Canadian Natural's alpha and beta are two of the key measurements used to evaluate Canadian Natural's performance over the market, the standard measures of volatility play an important role as well.

Canadian Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Canadian Natural without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Canadian Natural Corporate Directors

Christopher FongIndependent DirectorProfile
Annette VerschurenIndependent DirectorProfile
David TuerIndependent DirectorProfile
Frank McKennaIndependent DirectorProfile
When determining whether Canadian Natural Res is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Canadian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Canadian Natural Resources Stock. Highlighted below are key reports to facilitate an investment decision about Canadian Natural Resources Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Natural Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Please note, there is a significant difference between Canadian Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Natural's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.