Canadian Natural Resources Ltd (NYSE:CNQ)’s traded shares stood at 8.81 million during the last session, with the company’s beta value hitting 1.06. At the close of trading, the stock’s price was $30.73, to imply an increase of 0.16% or $0.05 in intraday trading. The CNQ share’s 52-week high remains $38.86, putting it -26.46% down since that peak but still an impressive 19.79% since price per share fell to its 52-week low of $24.65. The company has a valuation of $64.51B, with an average of 6.57 million shares in intraday trading volume over the past 10 days and average of 7.38 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Canadian Natural Resources Ltd (CNQ), translating to a mean rating of 1.70. Of 9 analyst(s) looking at the stock, 0 analyst(s) give CNQ a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 5 recommend it as a Buy.
Canadian Natural Resources Ltd (NYSE:CNQ) trade information
After registering a 0.16% upside in the last session, Canadian Natural Resources Ltd (CNQ) has traded red over the past five days. The 5-day price performance for the stock is -2.16%, and 4.81% over 30 days. With these gigs, the year-to-date price performance is -0.45%. Short interest in Canadian Natural Resources Ltd (NYSE:CNQ) saw shorts transact 62.1 million shares and set a 3.75 days time to cover.
The extremes give us $44.56186168 and $63.6598024 for target low and target high price respectively. As such, CNQ has been trading -107.16% off suggested target high and -45.01% from its likely low.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 4.12% for the past 5-year period. While 2025 is set for a 3.54% return in earnings, projections for the next 5 years are at 10.10% annually.
CNQ Dividends
Canadian Natural Resources Ltd has its next earnings report out on 2025-May-07. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Canadian Natural Resources Ltd has a forward dividend ratio of 1.57, with the share yield ticking at 5.12% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 4.43%.
Canadian Natural Resources Ltd (NYSE:CNQ)’s Major holders
Canadian Natural Resources Ltd insiders hold 2.14% of total outstanding shares, with institutional holders owning 77.42% of the shares at 79.11% float percentage. In total, 77.42% institutions holds shares in the company, led by CAPITAL WORLD INVESTORS. As of 2024-06-30, the company held over 290.59 million shares (or 13.6214% of shares), all amounting to roughly $10.35 billion.
The next major institution holding the largest number of shares is ROYAL BANK OF CANADA with 114.83 million shares, or about 5.3823% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $4.09 billion.
We also have AMERICAN BALANCED FUND and Income Fund of America as the top two Mutual Funds with the largest holdings of the Canadian Natural Resources Ltd (CNQ) shares. Going by data provided on Mar 31, 2025 , AMERICAN BALANCED FUND holds roughly 39.37 shares. This is just over 1.88% of the total shares, with a market valuation of $1.21 billion. Data from the same date shows that the other fund manager holds a little less at 37.7, or 1.80% of the shares, all valued at about 1.16 billion.
