Canadian Natural Resources (TSE:CNQ) Is Experiencing Growth In Returns On Capital [Yahoo! Finance]
Canadian Natural Resources Limited (CNQ)
Last canadian natural resources limited earnings: 3/5 05:00 am
Check Earnings Report
US:NYSE Investor Relations:
cnrl.com/investor-information
Company Research
Source: Yahoo! Finance
Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. Speaking of which, we noticed some great changes in Canadian Natural Resources' TSE:CNQ ) returns on capital, so let's have a look. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for Canadian Natural Resources: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.15 = CA$9.9b ÷ (CA$75b - CA$8.0b) (Based on the trailing twelve months to September 2024) Thus, Canadian Natural Resources has an ROCE of 15%. On its own, that's a standard return, however it's much better than the 9.0% generated by the Oil and Gas
Show less
Read more
Impact Snapshot
Event Time:
CNQ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CNQ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CNQ alerts
High impacting Canadian Natural Resources Limited news events
Weekly update
A roundup of the hottest topics
CNQ
News
- Top TSX Dividend Stocks To Watch In December 2024 [Yahoo! Finance]Yahoo! Finance
- 3 Canadian Dividend Stocks On TSX Offering Up To 3.9% Yield [Yahoo! Finance]Yahoo! Finance
- 3 TSX Dividend Stocks Yielding Up To 7.3% [Yahoo! Finance]Yahoo! Finance
- Top TSX Dividend Stocks To Watch In December 2024 [Yahoo! Finance]Yahoo! Finance
- Energy Sector: Correction or Boom? What to Expect in 2025 [Yahoo! Finance Canada]Yahoo! Finance Canada
CNQ
Sec Filings
- 12/6/24 - Form 6-K
- 12/4/24 - Form 6-K
- 11/12/24 - Form SC
- CNQ's page on the SEC website