Stock Price & Analysis

Based on the provided data and recent market activity, here's a comprehensive analysis for CNQ:

Technical Analysis

The stock is currently showing mixed technical signals:

• RSI-14 at 42.17 indicates neutral momentum
• MACD is slightly bearish with -0.28
• Stochastic K (60.71) and D (61.67) are in neutral territory
• Price is trading between Fibonacci support at $30.00 and resistance at $30.89

Recent Price Action & Volume

• Pre-market price: $30.02 with +0.17% change [Relevant Data]
• Recent bearish activity noted with high put volume (Put/Call Ratio: 2.31)
• Notable options activity focused on Jan-26 17.5 puts and 36.25 calls

Fundamental Analysis

Key Financial Metrics (2022 FY):

• Revenue: CAD 42.3B
• Net Income: CAD 10.9B
• Net Margin: 25.86%
• ROE: 29.12%
• Current Ratio: 0.82
• Debt to Equity: 34.01%

Recent Developments & Outlook

• Company has set a $4.2B budget for 2025
• Targeting 12% production growth over 2024 levels
• Production mix forecast: 47% light crude oil/NGLs/Synthetic Crude Oil, 26% heavy crude oil, 27% natural gas
• Expected production per share growth of 12-16% based on strip pricing

Analyst Sentiment

• Raymond James maintains Hold rating with C$51.00 price target
• Morgan Stanley has a Hold rating with C$58.00 target
• Consensus shows Moderate Buy with $37.82 price target (24.61% upside potential)

Recommendation Given the current technical weakness, high put/call ratio, and mixed analyst sentiment, it would be prudent to SELL CNQ at current levels. The stock is showing bearish momentum in the short term, despite positive long-term growth prospects. Consider re-entering at lower support levels around $29.72 (Fibonacci S2).

Based on the provided data and recent market analysis, here is the price prediction for CNQ stock in 2025:

Canadian Natural Resources (CNQ) is expected to reach $37.82 by end of 2025, representing a 24.61% upside from current levels, according to analyst consensus. The stock has shown mixed signals recently:

Key Drivers Supporting This Target:

1. Growth Outlook: The company is projected to deliver double-digit production growth in 2025 through both M&A and organic investments, which should support higher valuations.

2. Technical Signals: Recent technical indicators show:

• RSI-14 at 42.17 indicating neutral momentum
• MACD slightly bearish at -0.28
• Stock trading between Fibonacci support at $29.72 and resistance at $31.17

3. Market Sentiment: Recent options activity shows mixed signals with bearish put volume but also some bullish call activity, suggesting market uncertainty in the near term.

Price Target Breakdown:

• Current Price: $30.02
• Consensus Target: $37.82
• Support Level: $29.72
• First Resistance: $31.17
• Second Resistance: $31.61

The S1 support level for CNQ Stock is $28.61 ,The R1 resistant level for CNQ Stock is $30.64.

As of the end of day on 2025-02-28, the price of CNQ Stock was $28.05.

The target price for CNQ Stock according to analyst rating is 38.70, with the highest price target at 43.53 and the lowest at 35.11. Analysts have a Moderate Buy rating on CNQ Stock overall.

The market cap of CNQ is $59.5B.

Based on the financial data and recent market sentiment, CNQ appears fairly valued at current levels. The company's P/E ratio has increased from 7.9x to 11.6x year-over-year, indicating some valuation expansion but still reasonable compared to industry peers. Recent bearish options activity with a Put/Call ratio of 2.31 suggests market caution, while technical indicators show RSI at 42.17 indicating neutral momentum. The company's declining net margins from 25.86% to 22.89% and reduced EPS from 4.76 to 3.74 reflect some operational pressure, but the maintained dividend yield of 4.26% provides valuation support. The stock is currently trading near its Fibonacci pivot point of 30.44, suggesting a balanced price level.

Canadian Natural Resources Limited is a senior crude oil and natural gas production company. Its exploration and production segment are focused on North America, in Western Canada, the United Kingdom portion of the North Sea, and Cote d'Ivoire in Offshore Africa. Its Oil Sands Mining and Upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations at Horizon Oil Sands and through its direct and indirect interest in the Athabasca Oil Sands Project (AOSP). Within Western Canada in the Midstream and Refining segment, it maintains certain activities: pipeline operations, an electricity co-generation system, and an investment in the Northwest Redwater Partnership, a general partnership formed to upgrade and refine bitumen in the Province of Alberta. It owns a 70% interest in light crude oil and liquids rich Duvernay assets. It owns 90% of AOSP: the Muskeg River and Jackpine mines, the Scotford Upgrader and the Quest Carbon Capture and Storage facility.

Based on the available data and market analysis, Canadian Natural Resources (CNQ) stock is projected to reach $45-50 by 2030, driven by its strong oil sands position and strategic growth investments that are expected to deliver double-digit production increases. Recent analyst consensus shows a moderate buy rating with a near-term price target of $37.82, indicating a 24.61% upside potential from current levels. However, potential headwinds from U.S. energy tariffs and bearish technical indicators suggest cautious growth trajectory.

CNQ has a total of 10272 employees.