Canadian Natural Resources Limited (CNQ) |
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51.03 -0.47 (-0.91%)
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03-24 12:11 |
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Open: |
50.33 |
Pre. Close: |
51.5 |
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High:
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51.28 |
Low:
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50.08 |
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Volume:
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722,690 |
Market Cap:
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56,120(M) |
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Technical analysis |
as of: 2023-03-24 11:59:56 AM |
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Overall:
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| Stoxline posted a SELL today, downgraded from higher rating. Downward movement to be expected. |
| Target: |
Six months: 65.37 One year: 70.54 |
| Support: |
Support1: 48.81 Support2: 40.6 |
| Resistance: |
Resistance1: 55.97 Resistance2: 60.4 |
| Pivot: |
53.81 |
| Moving Average: |
MA(5): 51.76  MA(20): 54.9
MA(100): 57.32 MA(250): 56.6 |
| MACD: |
MACD(12,26): -1.9 Signal(9): -1.5 |
| Stochastic oscillator: |
%K(14,3): 23.1 %D(3): 26.6 |
| RSI: |
RSI(14): 35.6 |
| 52-week: |
High: 69.14 Low: 43.67 |
| Average Vol(K): |
3-Month: 2,221 (K) 10-Days: 3,465 (K) |
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Price, moving averages and Bollinger Bands |
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Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and BEARISH in mid-long term.[ CNQ ] has closed above bottom band by 26.7%. Bollinger Bands are 71.4% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 6 days. This is a sign that the current trend might continue. |
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Stock Price Prediction |
Update at 5:00pm EST |
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If tomorrow:
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Open lower
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Open higher
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High:
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53.31 - 53.67 |
53.67 - 53.97 |
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Low:
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50.26 - 50.6 |
50.6 - 50.88 |
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Close:
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51 - 51.55 |
51.55 - 52.02 |
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Company Description |
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Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers synthetic crude oil (SCO), light and medium crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake heavy crude oil. Its midstream and refining assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2020, the company had total proved crude oil, bitumen, and NGLs reserves were 10,528 million barrels (MMbbl); total proved plus probable crude oil, bitumen, and NGLs reserves were 13,271 MMbbl; proved SCO reserves were 6,998 MMbbl; total proved plus probable SCO reserves were 7,535 MMbbl; proved natural gas reserves were 12,168 billion cubic feet (Bcf); and total proved plus probable natural gas reserves were 20,249 Bcf. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada. |
Headline News |
Thu, 23 Mar 2023
Investors Heavily Search Canadian Natural Resources Limited ... - Nasdaq
Thu, 23 Mar 2023
Canadian Natural Resources Limited (NYSE:CNQ) Shares Sold by ... - MarketBeat
Wed, 22 Mar 2023
Uncommon Cents Investing LLC Buys Shares of 4330 Canadian ... - MarketBeat
Mon, 20 Mar 2023
Canadian Natural (CNQ) Q4 Earnings Lag Estimates, Revenues Beat - Zacks Investment Research
Mon, 20 Mar 2023
Canadian Natural Resources Limited (NYSE:CNQ) to Post Q2 2024 ... - MarketBeat
Mon, 20 Mar 2023
Q2 2024 EPS Estimates for Canadian Natural Resources Limited ... - MarketBeat
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Financial Analysis |
| Price to Book Value: |
Outperform |
| P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly. |
| Price to Earnings: |
Outperform |
| PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS). |
| Discounted cash flow: |
Outperform |
| DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows. |
| Return on Assets: |
Neutral |
| ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit. |
| Return on Equity: |
Neutral |
| ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency. |
| Debt to Equity: |
Outperform |
| evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn. |
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Stock Basics & Statistics |
| Exchange: NYSE |
| Sector: Energy |
| Industry: Oil & Gas E&P |
| Shares Out. |
1,100 (M) |
| Shares Float |
1,070 (M) |
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% Held by Insiders
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2.2 (%) |
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% Held by Institutions
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78.1 (%) |
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Shares Short
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27,010 (K) |
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Shares Short P.Month
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18,520 (K) |
Stock Financials |
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EPS
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6.78 |
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EPS Est Next Qtl
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0.25 |
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EPS Est This Year
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0.81 |
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EPS Est Next Year
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1.39 |
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Book Value (p.s.)
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34.61 |
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Profit Margin (%)
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25.8 |
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Operating Margin (%)
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34.8 |
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Return on Assets (ttm)
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12 |
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Return on Equity (ttm)
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29.1 |
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Qtrly Rev. Growth
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5.1 |
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Gross Profit (p.s.)
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21.46 |
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Sales Per Share
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38.45 |
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EBITDA (p.s.)
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18.64 |
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Qtrly Earnings Growth
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-36.5 |
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Operating Cash Flow
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19,390 (M) |
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Levered Free Cash Flow
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11,560 (M) |
Stock Valuations |
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PE Ratio
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7.51 |
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PEG Ratio
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21.7 |
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Price to Book value
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1.47 |
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Price to Sales
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1.32 |
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Price to Cash Flow
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2.89 |
Stock Dividends |
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Dividend
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0.64 |
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Forward Dividend
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0 |
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Dividend Yield
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1.2% |
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Dividend Pay Date
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2022-01-04 |
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Ex-Dividend Date
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2021-12-08 |
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