Canadian Natural Resources Limited (CNQ)

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Canadian Natural Resources Limited (CNQ) is up 24.6% since the beginning of the year. At $42 per share, CNQ is trading 18.6% below its 52-week high of $51. Investors who bought $1,000 worth of CNQ shares 5 years ago would now be looking at an investment worth $2,988.

Canadian Natural Resources Limited (CNQ) has returned 24.58% so far this year and 29.68% over the past 12 months. Looking at the last ten years, CNQ has achieved an annualized return of 16.45%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.

Based on dividend-adjusted daily data since Jul 31, 2000, CNQ's average daily return is +0.09%, while the average monthly return is +1.78%. At this rate, an investment would double in approximately 3.3 years.

Historically, 54% of months were positive and 46% were negative. The best month was Nov 2020 with a return of +43.2%, while the worst month was Mar 2020 at -45.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 7 months.

On a daily basis, CNQ closed higher 52% of trading days. The best single day was Nov 9, 2020 with a return of +22.1%, while the worst single day was Mar 9, 2020 at -30.4%.

Canadian Natural Resources Limited has an annualized alpha of 15.56%, beta of 1.09, and R2 of 0.26 versus S&P 500 Index. Calculated based on daily prices since July 31, 2000.

• This stock captured 136.83% of S&P 500 Index gains but only 92.50% of its losses - a favorable profile for investors.
• R2 of 0.26 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

CNQ ranks 70 for risk / return — better than 70% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

Canadian Natural Resources Limited provided a 3.13% dividend yield over the last twelve months, with an annual payout of $1.31 per share. The company has been increasing its dividends for 2 consecutive years.

The table displays the monthly dividend distributions for Canadian Natural Resources Limited. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Canadian Natural Resources Limited. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Canadian Natural Resources Limited was 80.75%, occurring on Mar 18, 2020. Recovery took 304 trading sessions.

The current Canadian Natural Resources Limited drawdown is 16.58%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Canadian Natural Resources Limited over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Canadian Natural Resources Limited is priced in the market compared to other companies in the Oil & Gas E&P industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.