Ratings Canadian Natural Resources Limited

Equities

CNQ

CA1363851017

Market Closed - Toronto S.E. Other stock markets 04:16:18 2024-04-24 pm EDT			5-day change	1st Jan Change
105.4 ^CAD	+0.16%		-0.82%	+21.45%

Apr. 23	Canadian Natural Resources' "Outperform" Rating, $120 Price Target Maintained by RBC Capital Markets	MT
Apr. 23	Desjardins Downgrades Canadian Natural Resources to Hold, Price Target at CA$110	MT

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
The company is in a robust financial situation considering its net cash and margin position.
Sales forecast by analysts have been recently revised upwards.
The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.

Weaknesses

As estimated by analysts, this group is among those businesses with the lowest growth prospects.
The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
The company's enterprise value to sales, at 3.5 times its current sales, is high.
In relation to the value of its tangible assets, the company's valuation appears relatively high.
The average consensus view of analysts covering the stock has deteriorated over the past four months.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Oil & Gas Exploration and Production

	1st Jan change	Capi.	ESG Refinitiv
CANADIAN NATURAL RESOURCES LIMITED	+21.45%	82.55B	B
CHEVRON CORPORATION	+9.66%	301B	A-
CONOCOPHILLIPS	+11.38%	152B	C
CNOOC LIMITED	+44.46%	116B	B+
EOG RESOURCES, INC.	+12.11%	77.54B	B-
PIONEER NATURAL RESOURCES COMPANY	+22.52%	64.3B	B-
OCCIDENTAL PETROLEUM CORPORATION	+12.76%	59.74B	C+
HESS CORPORATION	+10.38%	48.19B	A-
DIAMONDBACK ENERGY, INC.	+32.34%	36.47B	C+
WOODSIDE ENERGY GROUP LTD	-8.02%	34.98B	A-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes