CNQ Stock Recent News

Calgary, Alberta--(Newsfile Corp. - March 6, 2025) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors approved a 4% increase to its quarterly cash dividend on its common shares to C$0.5875 (fifty-eight and three quarter cents) per common share, up from the previous quarterly cash dividend of $0.5625 (fifty-six and one quarter cents) per common share. The dividend will be payable on April 4, 2025 to shareholders of record at the close of business on March 21, 2025.

Calgary, Alberta--(Newsfile Corp. - March 6, 2025) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's 2024 fourth quarter and year end results, "2024 was an excellent year for us, as we achieved strong growth and set several new production records from our base operations, before including acquisitions that closed in 2024. Additionally, including acquisitions, we achieved record annual average production of over 1,363,000 BOE/d in 2024, which includes record annual liquids production of over one million barrels per day.

Get a deeper insight into the potential performance of Canadian Natural Resources (CNQ) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

CNQ is expected to report lower revenues than the year-ago period. The company is anticipated to see a higher bottom line due to declining costs.

I expect a market rotation from growth to value stocks, driven by inflation stability, fading AI tailwinds, and attractive valuations in value sectors. Dividend stocks, especially in energy and REITs, offer diversification and strong risk/reward potential, with consistent cash flow and growth opportunities. While risks like rate cuts or a recession exist, my picks are positioned to perform well even if growth outperforms.

Tariffs on Canadian oil may raise US refinery costs and gasoline prices, but the low CAD-USD exchange rate mitigates the impact. CNQ's valuation is attractive, with a forward P/E of 11.1X, EV/EBITDA of 5.6X, and a high dividend yield of 5.5%. Despite tariff risks, CNQ's diversified production and strategic investments position it well for long-term growth, especially if geopolitical tensions rise.

I emphasize the importance of nonpartisan economic and investment analysis, highlighting how political biases can distort market expectations and investment decisions. Medicaid cuts would likely have little impact on skilled nursing facility REITs, and the current selloff presents a buying opportunity for CareTrust REIT. Single-family rental REITs face challenges from high home prices and mortgage rates, but offer quality rental homes and professional management.

Inflation remains a major concern, but I'm not worried - I'm prepared. I've identified two stocks that thrive in this environment and strengthen my portfolio. These companies offer reliable income, pricing power, and long-term stability. Their fundamentals position them to outperform despite economic uncertainty. I'm confident in these picks and am putting my own money behind them. While no investment is risk-free, these stocks give me the edge I need against inflation.

Canadian Natural Resources (CNQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

TORONTO, Feb. 26, 2025 (GLOBE NEWSWIRE) -- TRC Capital Investment Corporation (“TRC”) announced today that it has terminated its previously announced cash tender offer to purchase up to 2,500,000 common shares (the “Shares”) of Canadian Natural Resources Limited. All Shares that have been validly tendered (and not validly withdrawn) will be returned promptly to the respective holders thereof without any action required on the part of the holders. No consideration will be paid in the Tender Offer for any tendered Shares.