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Canadian Natural Resources Limited (CNQ)

(Real Time Quote from BATS)

$33.25 USD

33.25
2,121,614

-0.51 (-1.51%)

Updated Nov 13, 2024 01:26 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

Oil Stock Q2 Earnings Roster for Aug 2: EOG, HFC & More

Upstream energy players like explorers and producers will likely gain from a rally in crude in Q2.

    Newfield Exploration (NFX) Beats on Q2 Earnings & Revenues

    Outstanding performance at the Anadarko Basin drives Newfield Exploration (NFX) in Q2.

      Diamond Offshore (DO) Earnings Beat, Revenues Miss in Q2

      Diamond Offshore's (DO) Q2 results hurt by lower revenues from the Contract Drilling segment and lesser floater dayrates.

        Chesapeake (CHK) Q2 Earnings Beat, Revenues Lag Estimates

        Chesapeake's (CHK) Q2 results hurt by higher operating costs, partially offset by higher oil equivalent price realizations.

          Patterson-UTI (PTEN) Q2 Earnings Lag Estimates, Improve Y/Y

          During the second quarter, direct operating expenses of Patterson-UTI (PTEN) surge 45.5% year over year to $621.8 million hurting its results.

            RPC (RES) Q2 Earnings & Revenues Miss Estimates, Improve Y/Y

            RPC's (RES) second-quarter results improve from the year-ago period backed by moderate improvement in oilfield activities.

              What's in Store for EOG Resources (EOG) in Q2 Earnings?

              EOG Resources' (EOG) second-quarter earnings are expected to be affected by rising volumes, prices and rise in expenses.

                Dril-Quip (DRQ) Q2 Earnings Miss Estimates, Revenues In Line

                Lower product bookings and activities in the Asia-Pacific region hurt Dril-Quip's (DRQ) second-quarter 2018 results.

                  Nalak Das headshot

                  Oil Hits $70 a Barrel After Three Weeks: 5 Top-Ranked Picks

                  The global demand for petroleum remains firm and is anticipated to grow next year.

                    U.S. E&P Unit to Support Marathon Oil's (MRO) Q2 Earnings

                    Marathon Oil (MRO) is likely to come up with solid second-quarter 2018 results on the back of production and pricing gains from the U.S. E&P segment.

                      Is Magellan Midstream (MMP) Poised for a Beat Again in Q2?

                      Magellan Midstream's (MMP) second-quarter 2018 earnings are expected to grow, with rising demand for its midstream assets owing to increased U.S. activities.

                        QEP Resources' (QEP) Q2 Earnings Beat Estimates, Improve Y/Y

                        QEP Resources' (QEP) oil volumes increase 35% from the prior-year quarter.

                          What's in the Cards for Concho (CXO) This Earnings Season?

                          Increased production volumes and higher crude prices are likely to aid Concho's (CXO) second-quarter 2018 results amid weak realized natural gas prices.

                            Nilanjan Choudhury headshot

                            Is a Beat Likely for Canadian Natural (CNQ) in Q2 Earnings?

                            Canadian Natural's (CNQ) strong production growth augurs well for the company.

                              Apache (APA) to Report Q2 Earnings: What's in the Offing?

                              Production boost from Apache's (APA) Permian assets is expected to drive second-quarter results.

                                Core Laboratories (CLB) Q2 Earnings In Line, Revenues Up Y/Y

                                Core Laboratories' (CLB) second-quarter results are strongly favored by the Product Enhancement segment's notable performance.

                                  Is a Beat in Store for Newfield (NFX) This Earnings Season?

                                  Newfield's (NFX) second-quarter 2018 results to gain from higher oil and liquids price realizations.

                                    EQT Corp (EQT) Q2 Earnings Beat, Revenues Miss Estimates

                                    EQT's natural gas equivalent production volume records a notable increase in the second quarter, while average realized price declines.

                                      Nalak Das headshot

                                      Oil Surges on Record Fall in U.S. Crude Inventories: 5 Picks

                                      The global demand for petroleum remains firm and is anticipated to grow next year.

                                        TechnipFMC (FTI) Q2 Earnings & Revenue Miss, Orders Jump

                                        TechnipFMC's (FTI) Surface Technologies segment offsets the overall negative results from the other segments.

                                          Cloud Peak Energy (CLD) Q2 Earnings: What's in the Cards?

                                          Cloud Peak Energy's (CLD) Q2 results to benefit from improved coal prices coupled with increased export on account of higher demand from Asian countries.

                                            ExxonMobil (XOM) to Report Q2 Earnings: Is a Beat in Store?

                                            We expect ExxonMobil (XOM) to report healthy Q2 numbers from both upstream and downstream businesses.

                                              Continental Resources' (CLR) Q2 Production Misses Estimates

                                              Unfavorable weather in the Bakken region hampers Continental Resources' (CLR) second-quarter volumes.

                                                What's in the Offing for Chevron (CVX) This Earnings Season?

                                                While Chevron (CVX) is likely to register growth in the upstream segment on production and pricing gains, its Q2 performance may be hampered by lower contribution from the downstream unit.

                                                  Output Growth and Cost Cut to Aid Cabot's (COG) Q2 Earnings

                                                  The Zacks Consensus Estimate for Cabot's (COG) second-quarter 2018 total gas production is pegged at 172 billion cubic feet (Bcf), higher than the year-ago quarter's reported figure of 166 Bcf.