Canadian Natural Resources Limited Stock Price and Value Analysis

Should you buy Canadian Natural Resources Limited stock? (NYSE:CNQ). Let's see how it does in our automated value investing analysis system.

  • This stock is available at a great discount!
  • This company has a large dividend yield!
  • This company has wild ups and downs.
  • This company is less known than others.
  • This company is making money at a modest rate.

Inside the CNQ Numbers

CNQ Price
(Canadian Natural Resources Limited stock price per share)
[?] CNQ Fair Price
(based on intrinsic value)
[?] CNQ Safety Price (based on a variable margin of safety) $56.31
[?] PE Ratio versus Sector 67% higher than other Energy stocks
[?] PE Ratio versus Industry 32% higher than other Oil & Gas E&P stocks
[?] Cash Yield 17.62%
[?] Free Cash Flow Jitter 42%
[?] Dividend Yield 4%
Shares Shorted 28,323,626

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 28,323,626 shares shorted. With 1,096,230,490 shares available for purchase and an average trading volume over the past 10 trading days of 2,232,180, it would take at least 12.689 days for all of the short holders to cover their shorts.

What does this mean to you? At this volume, it'll take more than two trading weeks for shorts to cover. This may indicate a short squeeze play would work! If this stock has good fundamentals and it'll take a while for the short holders to cover, buying now could net you bigger short-term technical gains if and as the price rises.

Is Canadian Natural Resources Limited Stock on Sale?

We believe that Canadian Natural Resources Limited may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

Even better, Canadian Natural Resources Limited looks like a stock on sale. Based on our analysis—if the company keeps making money the way it has been—you may be looking at a bargain. Keep this stock in mind as you put together your portfolio! See Before You Buy for your next steps (and read our disclaimer about investing risk).

Should You Buy CNQ Stock?

Does Canadian Natural Resources Limited have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.