Canadian Natural Resources Stock Analysis

Canadian Stock Analysis Notes

About 79.0% of the company shares are held by institutions such as insurance companies. The book value of Canadian Natural was currently reported as 36.92. The company last dividend was issued on the 17th of June 2024. Canadian Natural Res had 1021:1000 split on the 22nd of August 2022. Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids . Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada. Canadian Natural operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 9735 people. For more info on Canadian Natural Resources please contact the company at (403) 517-6700 or go to https://www.cnrl.com.

Canadian Natural Res Investment Alerts

Canadian Natural Res Upcoming and Recent Events

Canadian Largest EPS Surprises

View All Earnings Estimates

Canadian Natural Thematic Classifications

Canadian Stock Institutional Investors

Note, although Canadian Natural's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Canadian Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 81.65 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Natural's market, we take the total number of its shares issued and multiply it by Canadian Natural's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Canadian Profitablity

The company has Net Profit Margin of 0.21 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.21 %, which entails that for every 100 dollars of revenue, it generated $0.21 of operating income.

Management Efficiency

Canadian Natural Res has Return on Asset of 0.0806 % which means that on every $100 spent on assets, it made $0.0806 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1901 %, implying that it generated $0.1901 on every 100 dollars invested. Canadian Natural's management efficiency ratios could be used to measure how well Canadian Natural manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Canadian Natural's Return On Tangible Assets are relatively stable compared to the past year. As of 05/08/2024, Return On Assets is likely to grow to 0.11, while Return On Capital Employed is likely to drop 0.12. As of 05/08/2024, Total Current Liabilities is likely to grow to about 7.8 B, while Liabilities And Stockholders Equity is likely to drop slightly above 40.8 B.

Technical Drivers

As of the 8th of May, Canadian Natural shows the Mean Deviation of 1.1, risk adjusted performance of 0.1273, and Downside Deviation of 1.62. Canadian Natural Res technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Canadian Natural Resources, which can be compared to its peers. Please confirm Canadian Natural Res coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Canadian Natural Res is priced correctly, providing market reflects its regular price of 76.44 per share. Given that Canadian Natural has jensen alpha of 0.2237, we suggest you to validate Canadian Natural Resources's prevailing market performance to make sure the company can sustain itself at a future point.

Canadian Natural Res Price Movement Analysis

Canadian Natural Predictive Daily Indicators

Canadian Natural Corporate Filings

Canadian Natural Forecast Models

Canadian Natural's time-series forecasting models are one of many Canadian Natural's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Canadian Natural's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Canadian Natural prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Canadian shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Canadian Natural. By using and applying Canadian Stock analysis, traders can create a robust methodology for identifying Canadian entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Canadian analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Canadian analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Canadian Natural Resources stock analysis indicators help investors evaluate how Canadian Natural stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Canadian Natural shares will generate the highest return on investment. By understating and applying Canadian Natural stock analysis, traders can identify Canadian Natural position entry and exit signals to maximize returns.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Natural Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

When running Canadian Natural's price analysis, check to measure Canadian Natural's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Natural is operating at the current time. Most of Canadian Natural's value examination focuses on studying past and present price action to predict the probability of Canadian Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Natural's price. Additionally, you may evaluate how the addition of Canadian Natural to your portfolios can decrease your overall portfolio volatility.

Is Canadian Natural's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Natural. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Natural listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Canadian Natural Res is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Natural's value that differs from its market value or its book value, called intrinsic value, which is Canadian Natural's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Natural's market value can be influenced by many factors that don't directly affect Canadian Natural's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Canadian Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Natural's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.