RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Canadian Natural Resources ROCE 2024

Canadian Natural Resources ROCE

0.26

Canadian Natural Resources Dividend yield

4.32 %

Ticker

CNQ.TO

ISIN

CA1363851017

WKN

865114

In 2024, Canadian Natural Resources's return on capital employed (ROCE) was 0.26, a -32.05% increase from the 0.39 ROCE in the previous year.

Canadian Natural Resources Aktienanalyse

What does Canadian Natural Resources do?

Canadian Natural Resources Ltd is a Canadian energy company founded in 1989 and headquartered in Calgary. The company is engaged in the exploration, production, refining, and marketing of petroleum, natural gas, and natural resources. Canadian Natural Resources is one of the largest independent energy companies in Canada and a leading global oil and gas producer. The business model of Canadian Natural Resources is based on the exploration, production, and marketing of crude oil and natural gas. The company operates in three segments: upstream production, midstream production, and downstream production. Upstream production includes the exploration and production of oil and gas resources in Canada, North Africa, and the North Sea region. Canadian Natural Resources has numerous production areas in Canada, including the Athabasca oil sands region in Alberta, the Montney Formation in British Columbia, and the Horn River Basin in the Northwest Territories. Midstream production includes the maintenance, operation, and marketing of pipelines and oil sands tailings facilities, as well as the processing of crude oil and the transportation of liquefied natural gas (LNG). Canadian Natural Resources is a key partner in the Northern Gateway Pipelines project, which aims to transport crude oil from the Athabasca oil sands region to Kitimat on the west coast of Canada. Downstream production includes the refining of crude oil and the production of various petrochemicals and fuels. Canadian Natural Resources operates refineries and petrochemical plants throughout Canada and the United States. Canadian Natural Resources produces and markets various oil and gas products, including crude oil, light and heavy refinery products, natural gas, and liquefied natural gas (LNG). The company is also a major producer of bitumen, which is used in the production of synthetic oils and oil sands products. Canadian Natural Resources also operates a network of gas stations under the brand "Petro-Canada," serving retail and wholesale customers in Canada and the United States. Canadian Natural Resources invests heavily in new technologies to improve the efficiency and sustainability of oil and gas production. The company has developed and implemented a range of technologies that reduce environmental impact and production costs while increasing operational efficiency and safety. These technologies include hydraulic fracturing, steam-assisted gravity drainage (SAGD), and geothermal energy. Canadian Natural Resources is committed to acting responsibly and sustainably to protect the environment and the communities in which it operates. The company works closely with all regulatory authorities to ensure compliance with all environmental standards. Canadian Natural Resources also focuses on sustainability and has set a target to reduce its CO2 emissions by 30% by 2030. Overall, Canadian Natural Resources is a leading energy company specializing in the production of crude oil, natural gas, and other natural resources. Thanks to its innovative technologies and high commitment to environmental and social responsibility, the company has played a significant role in the Canadian economy and the renewable energy sector. Canadian Natural Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Canadian Natural Resources's Return on Capital Employed (ROCE)

Canadian Natural Resources's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Canadian Natural Resources's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Canadian Natural Resources's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Canadian Natural Resources’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Canadian Natural Resources Stock

What is the ROCE (Return on Capital Employed) of Canadian Natural Resources this year?

The ROCE of Canadian Natural Resources is 0.26 undefined this year.

How has the ROCE (Return on Capital Employed) of Canadian Natural Resources developed compared to the previous year?

The ROCE of Canadian Natural Resources has increased by -32.05% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Canadian Natural Resources?

A high Return on Capital Employed (ROCE) indicates that Canadian Natural Resources has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Canadian Natural Resources?

A low ROCE (Return on Capital Employed) can indicate that Canadian Natural Resources has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Canadian Natural Resources impact the company?

An increase in the ROCE of Canadian Natural Resources can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Canadian Natural Resources affect the company?

A decrease in ROCE of Canadian Natural Resources can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Canadian Natural Resources?

Some factors that can affect Canadian Natural Resources's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Canadian Natural Resources so important for investors?

The ROCE of Canadian Natural Resources is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Canadian Natural Resources take to improve the ROCE?

To improve the ROCE, Canadian Natural Resources can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Canadian Natural Resources pay?

Over the past 12 months, Canadian Natural Resources paid a dividend of 4.6 CAD . This corresponds to a dividend yield of about 4.32 %. For the coming 12 months, Canadian Natural Resources is expected to pay a dividend of 5.37 CAD.

What is the dividend yield of Canadian Natural Resources?

The current dividend yield of Canadian Natural Resources is 4.32 %.

When does Canadian Natural Resources pay dividends?

Canadian Natural Resources pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Canadian Natural Resources?

Canadian Natural Resources paid dividends every year for the past 23 years.

What is the dividend of Canadian Natural Resources?

For the upcoming 12 months, dividends amounting to 5.37 CAD are expected. This corresponds to a dividend yield of 5.04 %.

In which sector is Canadian Natural Resources located?

Canadian Natural Resources is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Canadian Natural Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Canadian Natural Resources from 4/5/2024 amounting to 1.05 CAD, you needed to have the stock in your portfolio before the ex-date on 3/14/2024.

When did Canadian Natural Resources pay the last dividend?

The last dividend was paid out on 4/5/2024.

What was the dividend of Canadian Natural Resources in the year 2023?

In the year 2023, Canadian Natural Resources distributed 4.6 CAD as dividends.

In which currency does Canadian Natural Resources pay out the dividend?

The dividends of Canadian Natural Resources are distributed in CAD.

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Andere Kennzahlen von Canadian Natural Resources

Our stock analysis for Canadian Natural Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Canadian Natural Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.