Canadian Natural Resources (Canadian Natural Resources) 5-Year Yield-on-Cost %

: 10.76 (As of Today)

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Canadian Natural Resources's yield on cost for the quarter that ended in Dec. 2023 was 10.76.

The historical rank and industry rank for Canadian Natural Resources's 5-Year Yield-on-Cost % or its related term are showing as below:

CNQ' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.87 Med: 8.86 Max: 35.63
Current: 10.76

During the past 13 years, Canadian Natural Resources's highest Yield on Cost was 35.63. The lowest was 3.87. And the median was 8.86.

CNQ's 5-Year Yield-on-Cost % is ranked better than
78.46% of 492 companies
in the Oil & Gas industry
Industry Median: 4.83 vs CNQ: 10.76

Competitive Comparison

For the Oil & Gas E&P subindustry, Canadian Natural Resources's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canadian Natural Resources 5-Year Yield-on-Cost % Distribution

For the Oil & Gas industry and Energy sector, Canadian Natural Resources's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Canadian Natural Resources's 5-Year Yield-on-Cost % falls into.

Canadian Natural Resources 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Canadian Natural Resources is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Canadian Natural Resources (NYSE:CNQ) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Canadian Natural Resources 5-Year Yield-on-Cost % Related Terms

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Canadian Natural Resources (Canadian Natural Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Canadian Natural Resources Ltd (NYSE:CNQ) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

CRC:Germany CRC:Germany CNQ:Canada

Address

855 - 2nd Street South West, Suite 2100, Calgary, AB, CAN, T2P 4J8

Website

https://www.cnrl.com

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 the exploration, development, production, and marketing of 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.