Canadian Natural Resources Limited logo

Canadian Natural Resources Limited (CNQ)

Market Closed
8 Dec, 20:00
NYSE NYSE
$
34. 07
-0.59
-1.7%
After Hours
$
34. 15
+0.08 +0.23%
69.41B Market Cap
- P/E Ratio
2.1% Div Yield
3,703,315 Volume
- Eps
$ 34.66
Previous Close
Day Range
33.97 35.11
Year Range
24.65 35.12
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Earnings results expected in 80 days
Canadian Natural Resources Is Growing Its Assets

Canadian Natural Resources Is Growing Its Assets

Canadian Natural Resources' $6.5 billion acquisition of Chevron's Canadian assets enhances its production capacity and aligns well with existing operations, ensuring long-term growth. The acquisition, funded through cash, avoids dilution and strengthens shareholder returns, with 1.5 billion barrels of reserves and 122.5 thousand barrels/day production. The company boasts a diversified asset portfolio with substantial reserves, targeting significant production growth, supported by a stable $70/barrel WTI assumption.

Seekingalpha | 1 year ago
Double-Digit Yield Potential - 3 Of The Smartest Energy Plays Money Can Buy

Double-Digit Yield Potential - 3 Of The Smartest Energy Plays Money Can Buy

American energy investors face persistent challenges, with recent price drops influenced by economic fears and geopolitical factors, particularly in the Permian Basin. The Permian has driven significant production growth, but it hasn't translated into strong shareholder value due to hypergrowth and declining reserve quality. Investors need to be selective in the energy sector, as many stocks may struggle. However, the right choices can lead to substantial long-term gains.

Seekingalpha | 1 year ago
3 Energy Companies That Recently Increased Their Dividends

3 Energy Companies That Recently Increased Their Dividends

Amid concerns over cyclical fluctuations in the energy sector, dividends are flourishing. We delve into the recent payout increases from LBRT, CNQ and TTE.

Zacks | 1 year ago
Canadian Natural's Shares Up 15% Year to Date: Time to Buy or Hold?

Canadian Natural's Shares Up 15% Year to Date: Time to Buy or Hold?

CNQ delivers robust financial performance and shareholder returns, but be cautious of high valuations and sensitivity to commodity price fluctuations.

Zacks | 1 year ago
Canadian Natural Resources: A Great Dividend Stock For Income Investors

Canadian Natural Resources: A Great Dividend Stock For Income Investors

Canadian Natural Resources Limited is a top dividend stock with a 25-year track record of increasing dividends, boasting a 21% CAGR. CNQ's strong financials include a levered free cash flow margin of 24.19% and a net income margin of 20.88%, ensuring dividend sustainability. Recent acquisition of Chevron's Alberta assets and a 7% dividend increase highlight CNQ's strategic growth and commitment to shareholder value.

Seekingalpha | 1 year ago
Canadian Natural Resources: Prepare For Even Higher Dividends And Cash Flows

Canadian Natural Resources: Prepare For Even Higher Dividends And Cash Flows

Canadian Natural Resources Limited remains a top dividend growth pick, announcing another dividend increase and a significant $6.5 billion acquisition of Chevron's Alberta assets. The acquisition boosts CNQ's production by 84,000 barrels per day, enhancing cash flow with minimal risk due to already developed assets. CNQ's dividend yield is around 4.6%, with a 12% increase this year, making it highly attractive for dividend growth investors.

Seekingalpha | 1 year ago
Why I'd Trade Millions For Consistent Income: 3 High-Yield Picks You'll Love

Why I'd Trade Millions For Consistent Income: 3 High-Yield Picks You'll Love

In today's volatile market, consistent income from dividend stocks remains a top priority for savvy investors. Choosing high-yield stocks can provide financial stability, making them attractive options for building long-term wealth. In this article, I reveal three exceptional dividend stocks that promise to deliver reliable income, no matter the market conditions.

Seekingalpha | 1 year ago
Canadian natural gas prices fall to two-year low as storage fills

Canadian natural gas prices fall to two-year low as storage fills

Canadian natural gas prices slumped to their lowest level in more than two years on Monday and are expected to remain under pressure for weeks, as storage levels in Alberta reach full capacity due to weak demand across North America.

Reuters | 1 year ago
No Risky Bets, I'm Buying 2 Top Dividend Growers Instead

No Risky Bets, I'm Buying 2 Top Dividend Growers Instead

Canadian Natural Resources offers sustainable dividends and production growth, leveraging vast low-decline oil reserves, a strong balance sheet, and shareholder-friendly capital returns. CNQ's attractive valuation, near-5% dividend yield, and quality assets position it for potential market-beating returns and robust forward growth prospects. Rexford Industrial excels in the supply constrained Southern California market, showcasing impressive FFO and NOI growth driven by strong tenant demand and value-added initiatives.

Seekingalpha | 1 year ago
Why Energy Stocks Are The Ultimate Undervalued Dividend Play Right Now

Why Energy Stocks Are The Ultimate Undervalued Dividend Play Right Now

U.S. oil production has surged since 2008, making the country a top energy producer. Political shifts could affect future output, but growth is likely to slow. Producers now prioritize profitability over expansion, reducing CapEx and focusing on free cash flow, making supply growth slower but more sustainable. Energy stocks are undervalued with strong dividend yields. Despite weak oil prices, the long-term fundamentals of these companies remain very attractive.

Seekingalpha | 1 year ago
Why Canadian Natural Resources Is A Dividend Goldmine

Why Canadian Natural Resources Is A Dividend Goldmine

Cyclical stocks like Canadian Natural Resources offer value, especially for patient retail investors who can buy when valuations are favorable. CNQ is appealing due to its large, long-life, low-decline oil sands reserves, resulting in lower maintenance costs and high free cash flows. CNQ achieved strong Q2 2024 production, including a 12% YoY increase in thermal production and a 16% YoY rise in synthetic crude oil production.

Seekingalpha | 1 year ago
3 High-Conviction Dividend Investments For What's Next

3 High-Conviction Dividend Investments For What's Next

The Fed's influence is waning as fiscal policy gains prominence, shifting power dynamics and affecting market trends and investments. Elevated rates and persistent inflation indicate a fiscal dominance regime. Both political parties are pushing for reshoring and infrastructure. I discuss three high-conviction dividend investments well-positioned for this new environment, offering strong returns amid market shifts.

Seekingalpha | 1 year ago
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