News headlines about Canadian Natural Resource (NYSE:CNQ) (TSE:CNQ) have trended somewhat negative this week, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by reviewing more than 6,000 news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Canadian Natural Resource earned a media sentiment score of -1.86 on their scale. InfoTrie also assigned media coverage about the oil and gas producer an news buzz score of 7 out of 10, indicating that recent news coverage is likely to have an impact on the stock’s share price in the near future.

Several brokerages have recently commented on CNQ. ValuEngine downgraded Canadian Natural Resource from a “hold” rating to a “sell” rating in a research note on Thursday, August 2nd. Zacks Investment Research downgraded Canadian Natural Resource from a “buy” rating to a “hold” rating in a research note on Tuesday, August 28th. Royal Bank of Canada downgraded Canadian Natural Resource from a “top pick” rating to an “outperform” rating and set a $38.40 target price for the company. in a research note on Thursday, September 20th. They noted that the move was a valuation call. CIBC began coverage on Canadian Natural Resource in a research note on Friday, October 5th. They issued a “sector outperform” rating for the company. Finally, Macquarie downgraded Canadian Natural Resource from an “outperform” rating to a “neutral” rating in a research note on Tuesday, October 9th. Two analysts have rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. Canadian Natural Resource has an average rating of “Hold” and a consensus price target of $47.60.

CNQ stock traded down $0.84 during mid-day trading on Friday, reaching $28.16. 5,641,045 shares of the company traded hands, compared to its average volume of 3,879,876. The company has a market capitalization of $35.43 billion, a P/E ratio of 33.93, a price-to-earnings-growth ratio of 1.78 and a beta of 1.37. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.69 and a current ratio of 0.92. Canadian Natural Resource has a fifty-two week low of $26.90 and a fifty-two week high of $38.20.

Canadian Natural Resource (NYSE:CNQ) (TSE:CNQ) last released its quarterly earnings results on Thursday, November 1st. The oil and gas producer reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.45. The business had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.71 billion. Canadian Natural Resource had a return on equity of 12.33% and a net margin of 15.94%. During the same quarter in the previous year, the business earned $0.19 EPS. As a group, sell-side analysts forecast that Canadian Natural Resource will post 2.73 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 1st. Shareholders of record on Monday, December 10th will be paid a dividend of $0.255 per share. The ex-dividend date is Friday, December 7th. This represents a $1.02 dividend on an annualized basis and a yield of 3.62%. Canadian Natural Resource’s dividend payout ratio (DPR) is currently 124.10%.

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About Canadian Natural Resource

Canadian Natural Resources Limited explores for, develops, produces, and markets 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, and synthetic crude oil (SCO). Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose.

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