The price of crude oil dipped below $80 per barrel in April and has not risen much past that mark as investors fret about a potential economic slowdown. Natural gas has rebounded a bit recently, but it is still below $3 per British thermal unit (BTU), compared to a peak price of around $10 back in 2022. As a result, oil and gas stocks have seriously underperformed the market this year. The macroeconomic concerns are real. But these three energy stocks are poised to profit — and pay outsized dividends — rega ...

Bottom Line While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Canadian N ...

Canadian Natural Resources Limited (CNQ) reported first-quarter 2024 net earnings per share (EPS) of C$0.91, down from the prior-year quarter level of C$1.62. This underperformance can be mainly attributed to low commodity prices and higher year-over-year expenses during the quarter.Total revenues of $6.1 billion declined from $6.4 billion in the year-ago period due to a reduction in product sales. However, the figure beat the Zacks Consensus Estimate of $6 billion.CNQ’s board of directors announced a quart ...

Gerasimov174 All financial numbers in this article are in Canadian dollars unless noted otherwise. Canadian Natural Resources Overview It's time to talk about Canadian Natural Resources Limited (NYSE:CNQ), a company that has become one of my largest energy stocks and my favorite upstream player. On January 12, I wrote an article titled "A 12% Distribution Yield At $80 WTI is Why I Sold Exxon To Buy Canadian Natural Resources." As the title may suggest, its highly favorite free cash flow profile is one ...

Lance Casson - Investor Relations Scott Stauth - Chief Operating Officer, Oil Sands Mark Stainthorpe - Chief Financial Officer Good morning. We would like to welcome everyone to the Canadian Natural's 2024 First Quarter Earnings Conference Call and Webcast. After the presentation, we will conduct a question-and-answer session. Instructions will be given at that time. Please note, this call is being recorded today, May 02, 2024 at 07:00 AM Mountain Time. Speaking on today's call will be Scott Stauth, our Pre ...

Canadian Natural Resources (CNQ) closed the most recent trading day at $77.34, moving +0.56% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.46%. Meanwhile, the Dow lost 0.98%, and the Nasdaq, a tech-heavy index, lost 0.64%.Coming into today, shares of the oil and natural gas company had gained 1.91% in the past month. In that same time, the Oils-Energy sector gained 4.21%, while the S&P 500 lost 3.04%.Analysts and investors alike will be keeping a c ...

zhengzaishuru Article Thesis Canadian Natural Resources (NYSE:CNQ) is a leading Canadian oil sands company that has an excellent track record and strong management. Thanks to superior cash generation, Canadian Natural Resources has recently achieved its net debt target, which will allow the company to return even more cash to its owners. While the share price and valuation have expanded in recent months, this high-quality company remains a good investment. Past Coverage I have written about Canadian Na ...

CANADIAN NATURAL RESOURCES LIMITED 2. To elect Directors for the ensuing year; 6. To transact such other business as may properly be brought before the Meeting or any adjournments thereof. The Information Circular of the Corporation accompanying this Notice contains important instructions and details on how to participate at the Meeting and vote your Common Shares by proxy or online during the Meeting. The specific details of the matters proposed to be put before the Meeting are also set forth in the Inform ...

beckariuz This article was coproduced with Leo Nelissen. It's time to talk about one of our favorite companies on the market, a company that combines our bullish oil price thesis, our love for (special) dividends, and our belief that energy is one of the few sectors on the market with a fantastic valuation. As the title of this article already gave away, that stock is Canadian Natural Resources (NYSE:CNQ), Canada's largest upstream company with listings in both Toronto and New York. Our most recent coverage ...

Canadian Natural Resources Limited (CNQ) reported fourth-quarter net earnings per share (EPS) of C$2.41, up from the prior-year quarter's level of C$1.36. This outperformance can be mainly attributed to higher production and decreased year-over-year expenses during the quarter.Total revenues of $7 billion declined from $7.1 billion in the year-ago period due to a reduction in product sales from crude oil and NGLs and natural gas. However, the figure beat the Zacks Consensus Estimate of $6.7 billion.CNQ’s bo ...