Canadian Natural Resources Ltd
TSX:CNQ
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Intrinsic Value
Canadian Natural Resources Ltd. is an oil and natural gas production company, which engages in the exploration, development, marketing, and production of crude oil and natural gas. [ Read More ]
The intrinsic value of one CNQ stock under the Base Case scenario is 41.46 CAD. Compared to the current market price of 47.75 CAD, Canadian Natural Resources Ltd is Overvalued by 13%.
Valuation Backtest
Canadian Natural Resources Ltd
Run backtest to discover the historical profit from buying and selling CNQ stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Canadian Natural Resources Delivers Strong Shareholder Returns in Q1 2024
Earnings Call Summary
In Q1 2024, Canadian Natural Resources demonstrated solid financial performance with adjusted funds flow of $3.1 billion and net earnings of $1.5 billion. Shareholder returns were notable, totaling $1.7 billion through dividends and share buybacks. The company increased its quarterly dividend to $1.05 per share. With a strong financial position, including $6.8 billion in liquidity, Canadian Natural aims to distribute 100% of its free cash flow to shareholders in 2024. Significant operational improvements and strategic capital allocation are expected to drive robust production and free cash flow in the year's second half.
Balance Sheet Decomposition
Canadian Natural Resources Ltd
| Current Assets | 7.5B |
| Cash & Short-Term Investments | 1.4B |
| Receivables | 3.4B |
| Other Current Assets | 2.7B |
| Non-Current Assets | 68.5B |
| PP&E | 67.9B |
| Other Non-Current Assets | 627m |
| Current Liabilities | 8.5B |
| Accounts Payable | 1.1B |
| Accrued Liabilities | 4.6B |
| Other Current Liabilities | 2.8B |
| Non-Current Liabilities | 28B |
| Long-Term Debt | 10.5B |
| Other Non-Current Liabilities | 17.5B |
Earnings Waterfall
Canadian Natural Resources Ltd
|
Revenue
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35.6B
CAD
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Cost of Revenue
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-17.7B
CAD
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Gross Profit
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17.9B
CAD
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Operating Expenses
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-8.1B
CAD
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Operating Income
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9.8B
CAD
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Other Expenses
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-2.3B
CAD
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Net Income
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7.4B
CAD
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Free Cash Flow Analysis
Canadian Natural Resources Ltd
| CAD | |
| Free Cash Flow | CAD |
CNQ Profitability Score
Profitability Due Diligence
Canadian Natural Resources Ltd's profitability score is 66/100. The higher the profitability score, the more profitable the company is.
Score
Canadian Natural Resources Ltd's profitability score is 66/100. The higher the profitability score, the more profitable the company is.
CNQ Solvency Score
Solvency Due Diligence
Canadian Natural Resources Ltd's solvency score is 59/100. The higher the solvency score, the more solvent the company is.
Score
Canadian Natural Resources Ltd's solvency score is 59/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
CNQ Price Targets Summary
Canadian Natural Resources Ltd
According to Wall Street analysts, the average 1-year price target for CNQ is 56.29 CAD with a low forecast of 47.47 CAD and a high forecast of 65.1 CAD.
Click here to dive deeper.
Price Appreciation
CNQ Price
Canadian Natural Resources Ltd
| Average Annual Return | 31.97% |
| Standard Deviation of Annual Returns | 40.93% |
| Max Drawdown | -76% |
| Market Capitalization | 73.9B USD |
| Shares Outstanding | 2 136 210 048 |
| Percentage of Shares Shorted | 0.97% |
CNQ News
Last Important Events
Canadian Natural Resources Ltd
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
Canadian Natural Resources Ltd
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Canadian Natural Resources Ltd. is an oil and natural gas production company, which engages in the exploration, development, marketing, and production of crude oil and natural gas. The company is headquartered in Calgary, Alberta and currently employs 9,735 full-time employees. The company went IPO on 2000-07-31. The firm's exploration and production operations are focused in North America, mainly in Western Canada; the United Kingdom (UK) portion of the North Sea; and Cote d'Ivoire and South Africa in Offshore Africa. The Company’s exploration and production activities are conducted in three geographic segments: North America, North Sea and Offshore Africa. The Oil Sands Mining and Upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations at Horizon Oil Sands and through its direct and indirect interest in Athabasca Oil Sands Project. Within Western Canada, in the Midstream and Refining segment, the Company's activities include pipeline operations, an electricity co-generation system and an investment in the North West Redwater Partnership, a general partnership formed to upgrade and refine bitumen in the Province of Alberta.
Contact
IPO
Employees
Officers
The intrinsic value of one CNQ stock under the Base Case scenario is 41.46 CAD.
Compared to the current market price of 47.75 CAD, Canadian Natural Resources Ltd is Overvalued by 13%.
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