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Canadian Natural Resources Limited (CNQ)

(Real Time Quote from BATS)

$33.36 USD

33.36
3,227,692

-0.40 (-1.19%)

Updated Nov 13, 2024 03:43 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value D Growth F Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 45% (138 out of 250)

Industry: Oil and Gas - Exploration and Production - Canadian

Zacks News

Enbridge (ENB) to Acquire Cushing Facilities From Blueknight

Enbridge's (ENB) acquisition of several assets from Blueknight is likely to enhance its total storage capacity at Cushing to 26 million barrels.

Eni (E) & PTTEP Consortium Wins Exploration Deal From ADNOC

The latest exploration deal boosts Eni's (E) footprint in the hydrocarbon-rich United Arab Emirates and strengthens its bond with ADNOC.

Pembina Pipeline (PBA) to Restart Work on Two Delayed Projects

Pembina Pipeline (PBA) resumes work on two key projects in the Alberta province with a capital spending of C$785 million.

Can Southwestern (SWN) Soar Further After Gaining 27.7% YTD?

Southwestern Energy (SWN) has a diversified reserve base in multiple U.S. basins and remains focused on investments in high-return areas such as Appalachia.

Earthstone (ESTE) to Acquire E&P Firm, Add Midland Basin Assets

Earthstone Energy's (ESTE) acquisition of Independence Resources Management is expected to be valued at less than $185.9 million.

Canadian Natural Resources (CNQ) Upgraded to Buy: Here's Why

Canadian Natural Resources (CNQ) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

ExxonMobil (XOM) to Invest in Baton Rouge Refinery Modernization

ExxonMobil's (XOM) Baton Rouge Refinery Modernization is likely to generate 600 construction jobs per annum through the 2021-2023 period.

Canadian Natural (CNQ) Hikes 2021 CapEx & Production View Y/Y

Canadian Natural (CNQ) expects its overall 2021 production within 1.19-1.26 million barrels of oil equivalent, implying an uptick above this year's envisioned output of 1.16 million bpd.

Why Is Canadian Natural Resources (CNQ) Up 49.8% Since Last Earnings Report?

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.

Canadian Natural (CNQ) Stock Up 25.1% Since Q3 Earnings Beat

Canadian Natural (CNQ) returns funds worth C$502 million to its shareholders through dividends in the third quarter.

Canadian Natural Resources (CNQ) Q3 Earnings and Revenues Beat Estimates

Canadian Natural Resources (CNQ) delivered earnings and revenue surprises of 300.00% and 3.71%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Why Canadian Natural Resources (CNQ) Might Surprise This Earnings Season

Canadian Natural Resources (CNQ) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

HighPoint (HPR) Gears Up for Q3 Earnings: What's in Store?

HighPoint Resources' (HPR) production is expected in the range of 2.5-2.6 MMBoe for the third quarter.

Analysts Estimate Canadian Natural Resources (CNQ) to Report a Decline in Earnings: What to Look Out for

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.

The Zacks Analyst Blog Highlights: Pioneer Natural Resources, ConocoPhillips, Chevron, Devon Energy Corp and Canadian Natural Resources

The Zacks Analyst Blog Highlights: Pioneer Natural Resources, ConocoPhillips, Chevron, Devon Energy Corp and Canadian Natural Resources

Cenovus (CVE) & Husky Deal to Create C$1.2B Annual Synergies

Cenovus Energy (CVE) is the third-largest hydrocarbon producer in Canada and its deal with Husky Energy is likely to enable it to decrease its output difference with the top two producers.

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Shale Oil & Gas M&As Pick Up: Here's What Investors Must Know

While most shale producers are suffering from a lack of access to capital, energy market volatility creates a window of opportunities for ConocoPhillips (COP), Chevron (CVX), Pioneer (PXD) and others.

ConocoPhillips in Talks to Buy Concho: What's in Store?

ConocoPhillips (COP) and Concho Resources' total production for the second quarter is recorded at 1.3 million barrels of oil equivalent per day, per Bloomberg.

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Top Stock Reports for Netflix, PayPal & IBM

Today's Research Daily features new research reports on 16 major stocks, including Netflix, Inc. (NFLX), PayPal Holdings, Inc. (PYPL) and International Business Machines Corporation (IBM).

Nilanjan Choudhury headshot

4 Canadian E&P Stocks to Ride Out the Coronavirus-Induced Industry Turbulence

The Zacks Oil and Gas - Exploration and Production - Canadian industry has been struggling to counter the fallout from the coronavirus. But with commodity prices gradually ramping up, the likes of CNQ, OVV, ERF and GTE might start regaining some of their momentum.

Canadian Natural Concludes Acquisition Deal With Painted Pony

Per the takeover deal, Canadian Natural (CNQ) acquires Painted Pony's outstanding shares worth 69 Canadian cents per share.

Why Is Canadian Natural Resources (CNQ) Up 2% Since Last Earnings Report?

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.

Southwestern to Buy Montage Resources: What You Need to Know

When Southwestern Energy (SWN) acquires Montage Resources, the combined company is set to generate additional scale & synergies from the merged assets, driven by operational proficiency of the former.

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Oil & Gas Stock Roundup: Bunch of Q2 Earnings & Canadian Natural's Acquisition

Shale operators EOG Resources (EOG), Pioneer Natural Resources (PXD) and Diamondback Energy (FANG) reported Q2 earnings, while Canadian Natural Resources (CNQ) agreed to buy Painted Pony Energy.

Canadian Natural Inks Acquisition Deal With Painted Pony

The proposed takeover deal will allow Canadian Natural (CNQ) to boost its natural gas holdings and improve production capacity.