Canadian Natural Resources (CNQ) - Stock split history (2024)

FAQs

How many times has CNQ stock split? ›

Canadian Natural Resources stock (symbol: CNQ) underwent a total of 4 stock splits. The most recent stock split occured on August 22nd, 2022. One CNQ share bought prior to June 1st, 2004 would equal to 8.168 CNQ shares today.

The shares of Canadian Natural Resources Limited will begin trading on a two-for-one split basis on the Toronto Stock Exchange at the opening of business on June 11, 2024.

Expecting further growth for the company going forward. Would recommend holding for 5-10 years. Excellent long term investment. Price target = $113.

CNQ Stock 12 Month Forecast

Based on 13 Wall Street analysts offering 12 month price targets for Canadian Natural in the last 3 months. The average price target is C$111.75 with a high forecast of C$125.71 and a low forecast of C$89.79. The average price target represents a 13.95% change from the last price of C$98.07.

The overall value of the stocks that split remain the same. However, if there's renewed investor interest in the stock as a result of the split, your holdings may become more valuable over the long term as the price ticks upward.

The financial health and growth prospects of CNQ, demonstrate its potential to perform inline with the market. It currently has a Growth Score of D. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.

“Historically, stocks have notched 25% total returns in the 12 months after a split is announced, compared to 12% for the broad index,” according to the BofA Global Research's research investment committee.

On January 17, 2001 the Board of Directors approved a dividend policy for the payment of a regular quarterly dividend.

Canadian Natural Resources Stock Prediction 2030

In 2030, the Canadian Natural Resources stock will reach $ 145.35 if it maintains its current 10-year average growth rate. If this Canadian Natural Resources stock prediction for 2030 materializes, CNQ stock will grow 89.75% from its current price.

Why invest in Canadian Natural Resources? ›

Canada's oil and natural gas industry is integral to providing the world a safe, secure and environmentally responsible supply of energy and helps ensure necessities of modern life. Canadian Natural provides a significant proportion of Canada's crude oil and natural gas.

Canada is the global leader in the production of potash and ranks among the top five global producers for diamonds, gemstones, gold, indium, niobium, platinum group metals, titanium concentrate and uranium. Canada is also the world's fourth-largest primary aluminum producer.

Canada is rich in mineral resources. The vast Canadian Shield, with its masses of igneous and metamorphic rocks, contains numerous large deposits. Metallic minerals are also found in such rock types in the Western Cordillera and the Appalachians.

Expressed at an annual rate, natural resources' nominal GDP was $336 billion in the fourth quarter, representing 12.2% of the Canadian economy.

Top Investors

Largest shareholders include Capital World Investors, Capital Research Global Investors, Royal Bank Of Canada, Fmr Llc, Vanguard Group Inc, AEPGX - EUROPACIFIC GROWTH FUND Class A, ABALX - AMERICAN BALANCED FUND Class A, Bank Of Montreal /can/, CWGIX - CAPITAL WORLD GROWTH & INCOME FUND Class A, and T.

Stock split history for Procter & Gamble (PG)

Procter & Gamble stock (symbol: PG) underwent a total of 6 stock splits. The most recent stock split occured on June 21st, 2004. One PG share bought prior to May 19th, 1970 would equal to 64 PG shares today.