Stock Updates

Canadian Natural Resources Limited (NYSE: CNQ) – Is this large market cap stock undervalued?

Canadian Natural Resources Limited (NYSE: CNQ), is firmly in the large market cap category with market cap of 34635.55. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Canadian Natural Resources Limited is 31.43 (with a change from open of 7.23%), this in conjunction with a target price of 35.66. Volume today has so far reached 4040800, with an average volume of about 2198.88. The GAP for this stock, is 0.69%.

The P/E ratio is *TBA, bringing the forward P/E to a value of 32.84. The current EPS for Canadian Natural Resources Limited, is -0.29, with a EPS growth for this year coming to a value of -116.30%. Performance has been interesting with performance year to date coming to 46.69%.

Looking further into the growth statistics for Canadian Natural Resources Limited, EPS is looking like it will grow 268.40% in the next year. Looking even further it is projected to be 76.90%. Quarter over quarter is 16.60% for EPS growth and for sales growth quarter over quarter it is -25.40%. Looking at past EPS growth statistics we see that for the past five years it has been -18.90%. Sales growth for the past five years has in fact been -0.80%.

Looking at the ownership, we see that the insider ownership is at 3.30% and institutional ownership is 66.60%. Shares outstanding is 1101.99, while shares float is at a value of 1076.34. Float short for Canadian Natural Resources Limited is 1.43% and the short ratio is 6.98.

In terms of debt, long term debt/equity is 0.57, while the total debt/equity comes to 0.66. The ability to meet these debts, means that the current ratio is 0.7, and the quick ratio is 0.6. The most recent gross margin is 39.70% and their operating margin is -10.30%. The profit margin is -4.00%.

Canadian Natural Resources Limited has seen returns on assets of -0.70%, and on investment, -1.40%. Return on equity is -1.60%. Price/Earnings to growth ratio is *TBA. Price/Sales ratio is at a value of 4.29, with Price/book ratio coming to 1.75 and Price/cash is 78.77, and finally Price/Free cash Flow is *TBA.

The simple moving averages are 2.04% and 17.68% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -4.01% and the 52 week low is 119.33%.

Canadian Natural Resources Limited has a dividend yield of 2.23%, with a current price of 31.43. The ability to pay this means the payout ratio is *TBA. This is in an industry, Independent Oil & Gas, with equally high dividends from other companies in this sector, which it is Basic Materials. Canadian Natural Resources Limited is based in Canada.

Performance in the Independent Oil & Gas industry means that Canadian Natural Resources Limited has seen performance for the past week of 4.73%, with performance for the month coming to -1.07%. Looking at the data for the quarter it is at a value of 3.46%, and for the half year the performance is 65.20%. Volatility for this week is 3.39% and for the month this is 2.49%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Tony Dabbs

Leave a Comment