CNQ.TO CDN NATURAL RES

Energy · Oil & Gas E&P

8 · Strong Momentum 10.0 · Strong Watch 9y streak

68.78

+0.94%

About the company

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers synthetic crude oil (SCO), mining bitumen, light and medium crude oil and NGLs, thermal bitumen, primary heavy crude oil and Pelican Lake heavy crude oil. Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. 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.

Website

3.63%

43.94%

2.50

141.8B

12.09

5.69

58.24

52-week range

68.8

low 41.7 high 71.0

Dividend deep dive

CDN NATURAL RES (CNQ.TO), an Oil & Gas E&P company, currently offers a dividend yield of 3.53% (CAD). This yield is below its 5-year average of 4.52% and its 5-year low of 4.1%. The company holds a strong rating score of 8.0, and a high momentum score of 10.0, suggesting a favorable price trend. Its value score is 5.0, with a two-stage fair value model suggesting it is 28.0% cheap against its current price.

Dividend history

CDN Natural Res boasts a dividend increase streak of 9 years, positioning it as a "challenger" in the CCC list. The dividend has experienced robust growth, with a 3-year Compound Annual Growth Rate (CAGR) of 16.18% and a 5-year CAGR of 23.09%, implying a dividend doubling time of 3.1 years. Annual dividends in CAD are: 2014: 0.4407, 2015: 0.4505, 2016: 0.4505, 2017: 0.5387, 2018: 0.6562, 2019: 0.7346, 2020: 0.8325, 2021: 0.9207, 2022: 1.5, 2023: 1.8, 2024: 2.1, 2025: 2.352.