Canadian Natural Resources Limi with ticker code (CNQ) now have 8 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 73.96 and 59.17 suggesting an average Analsyt target price of $66.59. Given that the stocks previous close was at $62.01 this now indicates there is a potential upside of 7.4%. The 50 day moving average now sits at $56.78 while the 200 day moving average is $55.38. The market capitalization for the company is $67,608m. Find out more information at: https://www.cnrl.com
The potential market cap would be $72,602m based on the market consensus.
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO). The company’s midstream assets include two pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. 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.
The company has a dividend yield of 4.32% with the ex dividend date set at 16-3-2023 (DMY).
Other points of data to note are a P/E ratio of 8.67, revenue per share of 37.27 and a 12.06% return on assets.
