The upcoming earnings report for CNQ is scheduled for Wednesday, May 6th, with a consensus estimate EPS of 0.74.
Canadian Natural Resources Limited (CNQ) is currently trading at $46.42, reflecting a price increase of $1.4 (3.11%) from the previous close at $45.02. The trading volume stands at $3.19 million, representing a 24.14% increase relative to the average.
In the latest quarterly earnings report on Wednesday, March 4th, CNQ reported an earnings per share (EPS) of 0.59, surpassing the consensus estimate of 0.53. The company continues to demonstrate solid financial performance.
CNQ offers a forward dividend yield of 3.92% and a dividend per share of 45.519 cents. The year-over-year decrease in dividend per share is notable at -13.828 cents, with a trailing twelve-month dividend per share of $1.72.
Key financial metrics for CNQ include a net profit margin of 55.19%, return on equity of 11.95%, and a debt-equity ratio of 44.46. The company maintains a healthy cash flow to debt ratio and a free cash flow per share of $1.11.
This comprehensive analysis provides insights into CNQ's financial performance, upcoming earnings, and dividend distributions, crucial for investors tracking the asset's movement.
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers synthetic crude oil (SCO), light and medium crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake heavy crude oil. Its midstream and refining assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2020, the company had total proved crude oil, bitumen, and NGLs reserves were 10,528 million barrels (MMbbl); total proved plus probable crude oil, bitumen, and NGLs reserves were 13,271 MMbbl; proved SCO reserves were 6,998 MMbbl; total proved plus probable SCO reserves were 7,535 MMbbl; proved natural gas reserves were 12,168 billion cubic feet (Bcf); and total proved plus probable natural gas reserves were 20,249 Bcf. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.