|Bid||19.74 x 1300|
|Ask||19.75 x 1800|
|Day's range||19.18 - 19.94|
|52-week range||6.71 - 32.79|
|Beta (5Y monthly)||2.14|
|PE ratio (TTM)||8.57|
|Forward dividend & yield||1.21 (6.69%)|
|Ex-dividend date||11 Jun 2020|
|1y target est||40.74|
Canadian Natural's (CNQ) first-quarter output of 1,178,752 barrels of oil equivalent per day rises 13.9% from the prior-year quarter's level.
CALGARY, Alberta, May 11, 2020 -- Canadian Natural held its Annual General Meeting of the Shareholders on May 7, 2020. The result of the vote by shareholders for each.
With me this morning are Tim McKay, our President, Scott Stauth, Chief Operating Officer for Oil Sands, Darren Fichter, Chief Operating Officer for Exploration and Production, and Mark Stainthorpe, Chief Financial Officer. Few, if any of our peers, can deliver sustainable cash flow.
Canadian Natural Resources (CNQ) delivered earnings and revenue surprises of -575.00% and -7.13%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
CALGARY, Alberta (AP) _ Canadian Natural Resources Ltd. (CNQ) on Thursday reported a first-quarter loss of $955.9 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Calgary, Alberta-based company said it had a loss of 81 cents. Losses, adjusted for non-recurring costs and stock option expense, were 19 cents per share.
Canada's largest oil and gas producer also withdrew its 2020 production outlook and said it would curtail production by roughly 14% for May due to weak prices and uncertainty around the outbreak of COVID-19, the respiratory illness caused by the coronavirus. Alberta's hopes of a rebound this year for the Western Canadian province's long-struggling oil industry have been dashed by the crash in global crude prices, which has forced companies to adopt cost-cutting strategies. Canadian Natural has slashed management pay and its spending budget.
CALGARY, Alberta, May 07, 2020 -- Canadian Natural Resources Limited announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.425.
Canadian Natural is in a strong position. Currently the Company has approximately 6,000 employees working remotely and approximately 4,000 field personnel working under safety protocols to maintain safe reliable operations.
Canadian Natural (CNQ) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Contribution from acquired assets is expected to have placed Canadian Natural Resources (CNQ) well for significant output growth in the to-be-reported quarter.
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.
"We supported curtailments here in Alberta to help balance the market when you have these issues," McKay told a virtual investor conference hosted by Bank of Nova Scotia and the Canadian Association of Petroleum Producers. Canadian Natural is the latest, and biggest, producer to signal support for government to help arrest a plunge in prices that has hammered the industry in Canada's main oil-producing province of Alberta, home to the world's third-largest reserves.
The Zacks Analyst Blog Highlights: TC Energy, Imperial Oil, Suncor Energy, Canadian Natural Resources and Kinder Morgan
Canadian Natural Resources (CNQ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Investors need to pay close attention to Canadian Natural (CNQ) stock based on the movements in the options market lately.
Canadian Natural (CNQ) anticipates 2020 production in the 1,137,000-1,207,000 boe/d range, flat with prior guidance. This marks its increased efficiency in operations.
Oil producers have been scaling back spending since the last price crash in 2014, and the latest cuts come as the coronavirus outbreak crimps demand and a price war between top producers Saudi Arabia and Russia threatens to flood the oil markets.
Canadian Natural Resources Limited (“Canadian Natural” or the “Company”) is providing a corporate update on its capital flexibility and its continued focus on effective and efficient operations. Canadian Natural is well positioned through the current global COVID-19 challenges, due to our significant long life low decline asset base that has 27.8 years of reserve life based on proved reserves and 36.0 years of reserve life based on proved plus probable reserves. Importantly, Canadian Natural’s Oil Sands Mining and Upgrading assets have a reserve life in excess of 43 years.
Canadian Natural's (CNQ) Q4 results retain long-term investors' confidence as the company nets in free cash flow worth $994 million adjusting capital expenditure and dividend payments.
Canadian Natural Resources (CNQ) delivered earnings and revenue surprises of -18.52% and -1.66%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
CALGARY, Alberta (AP) _ Canadian Natural Resources Ltd. (CNQ) on Thursday reported fourth-quarter net income of $452.3 million, after reporting a loss in the same period a year earlier. The Calgary, Alberta-based company said it had profit of 38 cents per share. Earnings, adjusted for one-time gains and costs, were 44 cents per share.