Canadian Natural Resources Limited (NYSE:CNQ) added 8.9% and closed its last session at $33.77. The stock has the market capitalization of $37.29 Billion with the total outstanding shares of 1.1 Billion. Canadian Natural Resources Limited. has Analysts’ Mean Recommendation of 1.71 between the scale of 1 to 5 (1 represents Strong Buy and 5 means Sell). The stock currently has P/E of 0 for trailing twelve months while its Forward P/E is 35.4.
Canadian Natural Resources Limited (NYSE:CNQ) touched its 52-Week High of $34.41 on Nov 30, 2016 while it’s 52-Week Low of $14.6 on Jan 20, 2016. The company currently has Return on Assets of -1.1 percent, Return on Equity of -2.4% and Return on Investment of -1.4 percent. The stock currently showing Weekly Volatility of 2.89%% and Monthly Volatility of 2.86% Percent with Average True Range of 1.07 and Beta of 1.48.
The 22 analysts offering 12-month price forecasts for Canadian Natural Resources Ltd have a median target of 35.64, with a high estimate of 40.39 and a low estimate of 25.19. The median estimate represents a +5.53% increase from the last price of 33.77.
The Company on 30 November declared its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.25 (twenty-five cents) per common share. The dividend will be payable January 1, 2017 to shareholders of record at the close of business on December 9, 2016.
Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore Africa.
Canadian Natural Resources Limited is a senior independent oil and natural gas exploration, development and production company based in Calgary, Alberta. The Company’s operations are focused in Western Canada, the North Sea and Offshore West Africa.