CNQ:CA:TSX-Canadian Natural Resources Limited (CAD)

EQUITY | Oil & Gas E&P | Toronto Stock Exchange

Last Closing

CAD 103.33

Change

+0.89 (+0.87)%

Market Cap

CAD 48.67B

Volume

6.69M

Analyst Target

CAD 32.65
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Canadian Natural Resources Ltd is a senior independent energy company. The Company is engaged in the acquisition, exploration, development, production, marketing and sale of crude oil, NGLs and natural gas.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-28 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap
TOU:CA Tourmaline Oil Corp.

-0.42 (-0.62%)

CAD 22.89B
OVV:CA Ovintiv Inc

+0.19 (+0.26%)

CAD 19.92B
ARX:CA ARC Resources Ltd.

-0.09 (-0.35%)

CAD 15.08B
MEG:CA MEG Energy Corp

-0.06 (-0.19%)

CAD 8.49B
CPG:CA Crescent Point Energy Corp.

+0.07 (+0.57%)

CAD 7.52B
PSK:CA PrairieSky Royalty Ltd

+0.12 (+0.45%)

CAD 6.63B
WCP:CA Whitecap Resources Inc.

-0.10 (-0.92%)

CAD 6.21B
ERF:CA Enerplus Corporation

+0.15 (+0.54%)

CAD 5.70B
SCR:CA Strathcona Resources Ltd.

-0.32 (-0.96%)

CAD 4.87B
BTE:CA Baytex Energy Corp

+0.03 (+0.56%)

CAD 4.30B

ETFs Containing CNQ:CA

CRQ.A:CA 0.00 % 1.55 %

N/A

N/A
FCE:CA 0.00 % 0.89 %

N/A

N/A
RQH:CA 0.00 % 0.28 %

N/A

N/A
HPF:CA Energy Leaders Plus Incom.. 0.00 % 1.74 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas E&P) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 19.03% 65% D 89% A-
Dividend Return 1.21% 21% F 53% F
Total Return 20.24% 64% D 89% A-
Trailing 12 Months  
Capital Gain 39.07% 87% B+ 91% A-
Dividend Return 3.97% 32% F 64% D
Total Return 43.04% 87% B+ 92% A
Trailing 5 Years  
Capital Gain 181.63% 70% C- 92% A
Dividend Return 36.17% 63% D 98% N/A
Total Return 217.80% 72% C 93% A
Average Annual (5 Year Horizon)  
Capital Gain 33.94% 27% F 92% A
Dividend Return 39.91% 27% F 93% A
Total Return 5.97% 85% B 97% N/A
Risk Return Profile  
Volatility (Standard Deviation) 53.34% 87% B+ 16% F
Risk Adjusted Return 74.83% 89% A- 94% A
Market Capitalization 48.67B 100% F 99% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Oil & Gas E&P) Ratio vs. Market (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 13.83 19% 51%
Price/Book Ratio 2.78 9% 22%
Price / Cash Flow Ratio 8.96 9% 33%
Price/Free Cash Flow Ratio 6.95 15% 43%
Management Effectiveness  
Return on Equity 21.11% 74% 91%
Return on Invested Capital 20.88% 80% 91%
Return on Assets 8.58% 75% 92%
Debt to Equity Ratio 24.65% 43% 75%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.