Frank McKenna - Canadian Natural Independent Director
| CNQ Stock | CAD 102.10 1.77 1.70% |
Director
The Hon. Frank J. McKenna, P.C., O.C., O.N.B., QC., serves as Independent Director of Canadian Natural Resource Ltd since 2006.
| Age | 71 |
| Tenure | 18 years |
| Professional Marks | MBA |
| Address | 2100, 855 - 2nd Street S.W., Calgary, AB, Canada, T2P 4J8 |
| Phone | (403) 517-6700 |
| Web | https://www.cnrl.com |
Canadian Natural Management Efficiency
The company has return on total asset (ROA) of 0.0806 % which means that it generated a profit of $0.0806 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1901 %, meaning that it generated $0.1901 on every $100 dollars invested by stockholders. Canadian Natural's management efficiency ratios could be used to measure how well Canadian Natural manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Canadian Natural's Return On Tangible Assets are very stable compared to the past year. As of the 7th of May 2024, Return On Assets is likely to grow to 0.11, while Return On Capital Employed is likely to drop 0.12. At this time, Canadian Natural's Total Current Assets are very stable compared to the past year. As of the 7th of May 2024, Other Assets is likely to grow to about 925.2 M, while Total Assets are likely to drop about 40.8 B.Management Performance
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0806 |
Canadian Natural Res Leadership Team
Elected by the shareholders, the Canadian Natural's board of directors comprises two types of representatives: Canadian Natural inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canadian. The board's role is to monitor Canadian Natural's management team and ensure that shareholders' interests are well served. Canadian Natural's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canadian Natural's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Pamela McIntyre, Senior Vice President - Safety, Risk Management and Innovation | ||
| Joy Romero, Vice-President of Technology Devel. | ||
| Norman OC, Executive Chairman | ||
| Lance Casson, Manager Relations | ||
| Steve Laut, Principal Executive Officer and President Non-Independent Director and Member of Health, Safety and Environmental Committee | ||
| Scott Stauth, Senior Vice President - North American Operations | ||
| Mark Overwater, VicePresident Marketing | ||
| Christopher Fong, Independent Director | ||
| Calvin Bast, Senior Production | ||
| Dean Halewich, Vice President - Facilities and Pipelines | ||
| Paul Mendes, Vice President - Legal, General Counsel, Corporate Secretary | ||
| Annette Verschuren, Independent Director | ||
| Ronald CA, Principal Fin | ||
| Real Cusson, Senior Vice President of Marketing | ||
| Brenda Balog, VP Counsel | ||
| Robin Zabek, Senior Vice President - Exploitation | ||
| Trevor Cassidy, Vice President-Production Central | ||
| Troy Andersen, Senior Vice President - Canadian Conventional Field Operations | ||
| David Tuer, Independent Director | ||
| Dwayne Giggs, Senior Exploration | ||
| Frank McKenna, Independent Director | ||
| Ronald Laing, Senior Vice President - Corporate Development and Land | ||
| Warren Raczynski, Senior Thermal | ||
| William Peterson, Senior Vice President - Production and Development Operations | ||
| Stephen Suche, Vice President - Information and Corporate Services | ||
| N Edwards, Executive Chairman of the Board | ||
| Jay Froc, Vice President - Infrastructure, Logistics and Project Controls | ||
| Kendall Stagg, Senior Vice President - Exploration | ||
| Darren Fichter, Chief Operating Officer - Exploration and Production | ||
| M Cannon, Independent Director | ||
| Catherine Best, Independent Director | ||
| Allan Frankiw, Senior Vice President - Production | ||
| Betty Yee, Vice President - Land | ||
| Gordon Giffin, Lead Independent Director | ||
| Tim McKay, President, Director | ||
| Wilfred Gobert, Independent Director | ||
| Mark CFA, CFO Finance | ||
| Timothy McKay, President Director | ||
| Mark Stainthorpe, Chief Financial Officer, Senior Vice President - Finance |
Canadian Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Canadian Natural a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0806 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 122.07 B | ||||
| Shares Outstanding | 1.07 B | ||||
| Shares Owned By Insiders | 2.20 % | ||||
| Shares Owned By Institutions | 78.91 % | ||||
| Number Of Shares Shorted | 19.09 M | ||||
| Price To Earning | 844.23 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canadian Natural in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canadian Natural's short interest history, or implied volatility extrapolated from Canadian Natural options trading.
Pair Trading with Canadian Natural
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Natural position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Natural will appreciate offsetting losses from the drop in the long position's value.Moving together with Canadian Stock
| 0.8 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.77 | ENB-PFU | Enbridge Pref L | PairCorr |
The ability to find closely correlated positions to Canadian Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Natural when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Natural - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Natural Resources to buy it.
The correlation of Canadian Natural is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Natural Res moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Natural can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Natural Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Canadian Stock analysis
When running Canadian Natural's price analysis, check to measure Canadian Natural's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Natural is operating at the current time. Most of Canadian Natural's value examination focuses on studying past and present price action to predict the probability of Canadian Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Natural's price. Additionally, you may evaluate how the addition of Canadian Natural to your portfolios can decrease your overall portfolio volatility.
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