Trader’s Buzzers: Canadian Natural Resources Limited (NYSE:CNQ)


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.

Press Release:

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.

Company Profile:

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.