Canadian Natural Resources: This Forever Asset Is On Sale
Canadian Natural Resources offers strong, diversified oil and gas assets, primarily in Canada's oil sands, with shares flirting with a two-year low. CNQ's location in a stable jurisdiction, low decline rate, and efficient extraction costs make it a resilient investment, even with fluctuating oil prices. The company has a robust capital allocation strategy, focusing on debt repayment and returning excess cash to shareholders through dividends and share buybacks.
Canadian Natural Resources (CNQ) Reports Q4 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Canadian Natural Resources (CNQ) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Canadian Natural Resources: Strong Shareholder Returns And Vast Reserves Make It A Buy
Canadian Natural Resources boasts record production, low operating costs, and vast reserves, making it a standout performer among Canadian oil firms. Despite a share price decline due to lower oil prices and tariff uncertainties, CNQ's strong shareholder returns policy and dividend yield remain attractive. Recent acquisitions and organic growth are set to boost 2025 production by 12%, supported by the company's 33 years of reserves.
Canadian Natural Resources Limited (CNQ) Q4 2024 Earnings Call Transcript
Canadian Natural Resources Limited (NYSE:CNQ ) Q4 2024 Earnings Conference Call March 6, 2025 11:00 AM ET Corporate Participants Lance Casson - Manager of Investor Relations Scott Stauth - President Robin Zabek - Chief Operating Officer of E&P Mark Stainthorpe - Chief Financial Officer Conference Call Participants Greg Pardy - RBC Capital Markets Dennis Fong - CIBC Manav Gupta - UBS Financial Patrick O'Rourke - ATB Capital Markets Menno Hulshof - TD Securities Roger Read - Wells Fargo John Moyle - JPMorgan Neil Mehta - Goldman Sachs Operator Good morning. We would like to welcome everyone to Canadian Natural's 2024 Fourth Quarter and Year-End Earnings Conference Call and Webcast.
Canadian Natural Resources: Strong Growth And Ever-Growing Dividends
Canadian Natural Resources Limited reported strong Q4 results with record production levels and expects continued growth in 2025 due to strategic asset swaps. The company benefits from a weakening Canadian Dollar, which lowers production costs while revenues remain in US dollars, potentially boosting margins. Canadian Natural Resources increased its dividend again, offering a 5.9% yield, and continues share buybacks, making it a compelling dividend growth investment.
Canadian Natural Resources (CNQ) Misses Q4 Earnings Estimates
Canadian Natural Resources (CNQ) came out with quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.86 per share a year ago.
Insights Into Canadian Natural Resources (CNQ) Q4: Wall Street Projections for Key Metrics
Get a deeper insight into the potential performance of Canadian Natural Resources (CNQ) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Canadian Natural to Report Q4 Earnings: What's in the Offing?
CNQ is expected to report lower revenues than the year-ago period. The company is anticipated to see a higher bottom line due to declining costs.
Canadian Natural Resources: Tariff Risk Largely Mitigated By Crashing Canadian Dollar
Tariffs on Canadian oil may raise US refinery costs and gasoline prices, but the low CAD-USD exchange rate mitigates the impact. CNQ's valuation is attractive, with a forward P/E of 11.1X, EV/EBITDA of 5.6X, and a high dividend yield of 5.5%. Despite tariff risks, CNQ's diversified production and strategic investments position it well for long-term growth, especially if geopolitical tensions rise.
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Analysts Estimate Canadian Natural Resources (CNQ) to Report a Decline in Earnings: What to Look Out for
Canadian Natural Resources (CNQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is the Options Market Predicting a Spike in Canadian Natural Resources (CNQ) Stock?
Investors need to pay close attention to Canadian Natural Resources (CNQ) stock based on the movements in the options market lately.
