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 ...

Doug Leggate Mark Stainthorpe Your next question is from Menno Hulshof from TD Cowen. Lance Casson - Investor Relations Robin Zabek - Chief Operating Officer, E&P Doug Leggate - Bank of America Menno Hulshof - TD Cowen Michael Dunn - Stifel Nicolaus Canada Inc. Good morning. We would like to welcome everyone to the Canadian Natural Resources 2023 Fourth Quarter and Year-End Earnings Conference Call and Webcast. After the presentation, we will conduct a question-andanswer session. Instructions will be given ...

Canadian Natural Resources (CNQ) reported $7.02 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 1.7%. EPS of $1.72 for the same period compares to $1.44 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $6.73 billion, representing a surprise of +4.32%. The company delivered an EPS surprise of +8.18%, with the consensus EPS estimate being $1.59.While investors closely watch year-over-year changes in headline numbers -- revenue and ear ...

Canadian Natural Resources (CNQ) came out with quarterly earnings of $1.72 per share, beating the Zacks Consensus Estimate of $1.59 per share. This compares to earnings of $1.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.18%. A quarter ago, it was expected that this oil and natural gas company would post earnings of $1.62 per share when it actually produced earnings of $1.93, delivering a surprise of 19.14%.Over the las ...

The market expects Canadian Natural Resources (CNQ) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected ...

ImagineGolf The oil market has been a significant focus of mine since prices crashed in 2022. While fossil fuel companies rarely gain widespread attention today, they offer particularly low valuations with high free-cash-flow yields, even at today's lower oil price. More importantly, explorer and producer stocks are great hedges against geopolitical risk, considering oil and natural gas are significant targets in geopolitical conflicts, seemingly occurring in fossil fuel-producing regions. The energy ma ...