CNQ Stock Summary and Trading Ideas (Canadian Natural Resources | NYSE:CNQ)

Canadian Natural Resources is the largest producer of oil and the second-largest producer of natural gas in Canada. It is principally involved in extracting heavy oils, natural gas, and bitumen through its drilling and mining operations. Bitumen from mining operations is upgraded into synthetic crude oil. Commodities produced are primarily exported to the US via pipeline. The company also has smaller offshore production operations in the North Sea and Africa.

Canadian Natural Resources trades on the NYSE stock market under the symbol CNQ.

As of December 31, 2025, CNQ stock price declined to $33.85 with 4,579,054 million shares trading.

CNQ has a beta of 0.20, meaning it tends to be less sensitive to market movements. CNQ has a correlation of 0.02 to the broad based SPY ETF.

CNQ has a market cap of $70.51 billion. This is considered a Large Cap stock.

Last quarter Canadian Natural Resources reported $7 billion in Revenue and $.63 earnings per share. This beat revenue expectation by $252 million and exceeded earnings estimates by $.09.

In the last 3 years, CNQ traded as high as $41.29 and as low as $24.41.

The top ETF exchange traded funds that CNQ belongs to (by Net Assets): CGDV, DFAI, DIHP, DFIC, PID.

CNQ has outperformed the market in the last year with a price return of +17.5% while the SPY ETF gained +17.2%. CNQ has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +7.2% and +8.3%, respectively, while the SPY returned +2.7% and +0.7%, respectively.

CNQ support price is $33.42 and resistance is $34.40 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CNQ shares will trade within this expected range on the day.