Canadian Natural Resources Stock Today
CNQ Stock | CAD 47.52 0.50 1.06% |
Performance2 of 100
| Odds Of DistressLess than 10
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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
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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 Chairman | Norman OC | ||||
Business Concentration | Oil & 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 LevelsCanadian 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.
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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.
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Ownership AllocationCanadian 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.
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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.
Mean Deviation | 1.36 | |||
Standard Deviation | 1.78 | |||
Variance | 3.17 | |||
Risk Adjusted Performance | (0.01) |
Canadian Stock Against Markets
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Canadian Natural Corporate Directors
Christopher Fong | Independent Director | Profile | |
Annette Verschuren | Independent Director | Profile | |
David Tuer | Independent Director | Profile | |
Frank McKenna | Independent Director | Profile |
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.