Currently, there are 2.11B common shares owned by the public and among those 2.02B shares have been available to trade.
The company’s stock has a 5-day price change of 1.05% and -10.76% over the past three months. CNQ shares are trading 3.21% year to date (YTD), with the 12-month market performance up to 1.81% higher. It has a 12-month low price of $29.23 and touched a high of $41.29 over the same period. CNQ has an average intraday trading volume of 4.50 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.38%, -1.50%, and -9.22% respectively.
Institutional ownership of Canadian Natural Resources Ltd (NYSE: CNQ) shares accounts for 72.98% of the company’s 2.11B shares outstanding.
It has a market capitalization of $67.22B and a beta (3y monthly) value of 1.48. The stock’s trailing 12-month PE ratio is 12.32, while the earnings-per-share (ttm) stands at $2.59. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.46% over the week and 2.47% over the month.
Analysts forecast that Canadian Natural Resources Ltd (CNQ) will achieve an EPS of 0.96 for the current quarter, 0.91 for the next quarter and 3.78 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.89 while analysts give the company a high EPS estimate of 0.89. Comparatively, EPS for the current quarter was 1.17 a year ago. Earnings per share for the fiscal year are expected to decrease by -12.36%, and -1.30% over the next financial year.
Goldman on their part issued Buy rating on November 21, 2022.
