Canadian Natural Resources CNQ
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Canadian Natural Resources (CNQ) Business Model and Operations Summary
Canadian Natural Resources Ltd is an independent crude oil and natural gas exploration, development, and production company. The Company's exploration and production operations are focused in North America, largely in Western Canada; the United Kingdom (UK) portion of the North Sea, and Cote d'Ivoire and South Africa in Offshore Africa. The Company's exploration and production activities are conducted in three geographic segments: North America, the North Sea, and Offshore Africa. These activities include exploring, developing, producing, and marketing crude oil, natural gas liquids, and natural gas. The company has two divisions; Oil Sands Mining and Upgrading, Midstream and Refining. It derives a majority of its revenue from North America.
Key Insights
Canadian Natural Resources (CNQ) Core Market Data and Business Metrics
Latest Closing Price
$29.86Market Cap
$31.89 BillionAverage Daily Trade Volume
7,314,521 SharesTotal Outstanding Shares
1.07 Billion SharesCEO
Mr. Norman Murray Edwards O.C.Total Employees
10,272Dividend
$0.59 Per Share QuarterlyIPO Date
July 31, 2000Primary Exchange
New York Stock Exchange
Historical Stock Splits
If you bought 1 share of CNQ before June 1, 2004, you'd have 16 shares today.
| Execution Date | Split Amount |
|---|---|
| June 11, 2024 | 2-for-1 |
| June 1, 2010 | 2-for-1 |
| May 31, 2005 | 2-for-1 |
| June 1, 2004 | 2-for-1 |
Short Interest
Short Interest
This information is bi-monthly aggregated short interest data reported to the Financial Industry Regulatory Authority (FINRA) by broker-dealers.
Short Interest: The total number of shares that have been sold short but have not yet been covered or closed out.
Bi-Weekly Change (%): The percentage change in short interest from the previous bi-weekly period.
Settlement Date: The date on which the short interest data is considered settled, typically based on exchange reporting schedules.
Days to Cover: The estimated number of days it would take to cover all short positions based on average trading volume.
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Short Interest | Bi-Weekly Change (%) | Settlement Date | Days to Cover |
|---|---|---|---|
| 128,590,551 Shares | +213.41% | 3/14/2025 | 13.71 |
| 41,030,007 Shares | +342.24% | 2/28/2025 | 5.06 |
| 9,277,714 Shares | -2.31% | 2/14/2025 | 1.9 |
| 9,497,407 Shares | -30.22% | 1/31/2025 | 1.47 |
| 13,610,930 Shares | +78.69% | 1/15/2025 | 1.99 |
| 7,617,104 Shares | -93.04% | 12/31/2024 | 1.91 |
Historical Dividends
Current dividend: $0.59 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Mar 6, 2025 | Apr 4, 2025 | Mar 21, 2025 | $0.5875 | Quarterly |
| Oct 4, 2024 | Jan 3, 2025 | Dec 13, 2024 | $0.5625 | Quarterly |
| Aug 1, 2024 | Oct 4, 2024 | Sep 13, 2024 | $0.3791 | Quarterly |
| May 2, 2024 | Jul 5, 2024 | Jun 17, 2024 | $0.3818 | Quarterly |
| Feb 29, 2024 | Apr 5, 2024 | Mar 15, 2024 | $0.7767 | Quarterly |
| Feb 29, 2024 | Apr 5, 2024 | Mar 15, 2024 | $1.05 | Quarterly |