CNQ - Canadian Natural Resources

Canadian Natural Resources (TSE:CNQ)

Affiliate Disclosure

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 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: 72.11B
  • Market Cap Group: Large Cap
  • P/E: 6.68
  • Dividend Yield: 4.67%

CNQ Industry Competitors

Ticker Ticker Company Market Cap P/E Yield Aristocrat Graph SectorID IndustryID
COP NYSE:COP ConocoPhillips 130.28 9.12 1.80 NO 1 5 69
CNQ TSE:CNQ Canadian Natural Resources 72.11 6.68 4.67 YES 1 5 69
EOG NYSE:EOG EOG Resources, Inc. 65.48 9.32 2.69 NO 1 5 69
OXY NYSE:OXY Occidental Petroleum Corporation 57.24 8.05 0.85 NO 1 5 69
TOU TSE:TOU Tourmaline Oil 24.13 9.94 1.25 NO 1 5 69
OVV TSE:OVV Ovintiv 16.17 5.08 2.18 NO 1 5 69
ARX TSE:ARX Arc Resources 10.86 8.04 2.89 NO 1 5 69
MUR NYSE:MUR Murphy Oil Corporation 5.47 10.66 2.84 NO 1 5 69
WCP TSE:WCP Whitecap Resources 5.34 2.00 5.04 NO 1 5 69
VET TSE:VET Vermillion Energy 4.89 5.95 1.08 NO 1 5 69
CPG TSE:CPG Crescent Point Energy 4.82 2.89 3.76 NO 1 5 69
ERF TSE:ERF Enerplus Corporation 4.60 6.55 1.41 NO 1 5 69
PSK TSE:PSK PrairieSky Royalty 4.25 16.60 2.70 NO 1 5 69
FRU TSE:FRU Freehold Royalties 2.17 13.40 7.51 NO 1 5 69
PEY TSE:PEY Peyto Exploration & Development Corp. 1.88 6.52 1.81 NO 1 5 69
CG TSE:CG Centerra Gold 1.34 3.42 4.61 NO 1 1 69
BNE TSE:BNE Bonterra Energy 0.25 3.71 0.00 NO 1 5 69

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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 8/10. 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 90 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.


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DISCLOSURE: Please note that I may have a position in one or many of the holdings listed. For a complete list of my holdings, please see my Dividend Portfolio.

DISCLAIMER: Please note that this blog post represents my opinion and not an advice/recommendation. I am not a financial adviser, I am not qualified to give financial advice. Before you buy any stocks/funds consult with a qualified financial planner. Make your investment decisions at your own risk – see my full disclaimer for more details.