Canadian Natural Resources is a diversified and independent energy producer in the world. It is the largest independent natural gas and heavy crude oil producer in Canada. It operates a balanced mix of natural gas, light crude oil, heavy crude oil, and oil sands. The company holds some of the best oil sand assets in North America, particularly thermal in situ properties, having tremendous growth potential.
The company’s business can be broadly classified into Exploration and Production (North America, North Sea, offshore Africa), Oil Sands Mining and Upgrading, and Midstream and Refining segments. The Exploration and Production segment is Canadian Natural’s core business, while the other two businesses provide a nice diversification.
Canadian Natural Resources has a balanced mix of natural gas, light crude oil, heavy crude oil, bitumen, and SCO. The company also owns midstream assets consisting of two crude oil pipeline systems and cogeneration plants, which enables the transportation of heavy crude oil in international markets.
Canadian Natural Resources Stock Details
- Ticker: tse:cnq
- Sector: Energy
- Industry: Oil & Gas E&P
- Market Cap: 98.40B
- Market Cap Group: Large Cap
- P/E: 13.12
- Dividend Yield: 4.54%
- Grade: A+
- Dividend Aristocrat: YES
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 9/10
- Dividend Income Fit: 7/10
CNQ Industry Competitors
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| COP | NYSE:COP | ConocoPhillips | 122.83 | 11.98 | 2.95 | NO | 1 | 5 | 69 |
| CNQ | TSE:CNQ | Canadian Natural Resources | 98.40 | 13.12 | 4.54 | YES | 1 | 5 | 69 |
| EOG | NYSE:EOG | EOG Resources, Inc. | 69.89 | 9.49 | 2.96 | NO | 1 | 5 | 69 |
| OXY | NYSE:OXY | Occidental Petroleum Corporation | 51.13 | 15.76 | 1.53 | NO | 1 | 5 | 69 |
| TOU | TSE:TOU | Tourmaline Oil | 20.05 | 13.45 | 2.32 | YES | 1 | 5 | 69 |
| OVV | TSE:OVV | Ovintiv | 15.20 | 5.95 | 2.88 | NO | 1 | 5 | 69 |
| ARX | TSE:ARX | Arc Resources | 13.72 | 11.86 | 2.96 | NO | 1 | 5 | 69 |
| PSK | TSE:PSK | PrairieSky Royalty | 6.32 | 27.55 | 3.78 | NO | 1 | 5 | 69 |
| WCP | TSE:WCP | Whitecap Resources | 5.92 | 7.90 | 7.38 | NO | 1 | 5 | 69 |
| VRN | TSE:CPG | Veren | 5.92 | 0.00 | 4.80 | NO | 1 | 5 | 69 |
| MUR | NYSE:MUR | Murphy Oil Corporation | 5.72 | 10.45 | 3.20 | NO | 1 | 5 | 69 |
| ERF | TSE:ERF | Enerplus Corporation | 5.66 | 11.41 | 1.28 | NO | 1 | 5 | 69 |
| PEY | TSE:PEY | Peyto Exploration & Development Corp. | 2.65 | 8.36 | 9.68 | NO | 1 | 5 | 69 |
| VET | TSE:VET | Vermillion Energy | 2.05 | 0.00 | 3.68 | NO | 1 | 5 | 69 |
| FRU | TSE:FRU | Freehold Royalties | 2.00 | 13.30 | 8.12 | NO | 1 | 5 | 69 |
| BNE | TSE:BNE | Bonterra Energy | 0.17 | 4.39 | 0.00 | NO | 1 | 5 | 69 |
Canadian Natural Resources - FAQ
What is the stock ticker for Canadian Natural Resources?
The stock ticker for Canadian Natural Resources is TSE:cnq.
Is Canadian Natural Resources a good stock to buy?
You need to consider your investment strategy and how TSE:cnq can fit in your portfolio.
The current dividend income score of 7/10 and dividend growth score of 9/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Canadian Natural Resources a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 88 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Canadian Natural Resources?
You can easily buy the CNQ stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.