Zacks Research Has Positive Estimate for CNQ Q2 Earnings

Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) – Equities research analysts at Zacks Research raised their Q2 2025 earnings per share (EPS) estimates for shares of Canadian Natural Resources in a report released on Wednesday, March 26th. Zacks Research analyst T. Saha now expects that the oil and gas producer will post earnings of $0.56 per share for the quarter, up from their previous forecast of $0.55. The consensus estimate for Canadian Natural Resources’ current full-year earnings is $2.45 per share. Zacks Research also issued estimates for Canadian Natural Resources’ Q4 2025 earnings at $0.50 EPS, FY2025 earnings at $2.37 EPS, Q1 2026 earnings at $0.67 EPS, Q2 2026 earnings at $0.54 EPS, Q3 2026 earnings at $0.58 EPS, Q4 2026 earnings at $0.74 EPS, FY2026 earnings at $2.53 EPS and FY2027 earnings at $3.03 EPS.

A number of other equities research analysts also recently commented on the stock. Evercore ISI upgraded shares of Canadian Natural Resources from an “in-line” rating to an “outperform” rating in a report on Friday, March 7th. Royal Bank of Canada reissued an “outperform” rating and issued a $63.00 target price on shares of Canadian Natural Resources in a research report on Thursday. Raymond James reaffirmed a “market perform” rating on shares of Canadian Natural Resources in a research report on Friday, March 7th. Tudor Pickering lowered Canadian Natural Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th. Finally, Scotiabank raised shares of Canadian Natural Resources from a “sector perform” rating to a “sector outperform” rating in a research report on Wednesday, March 19th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $63.00.

Canadian Natural Resources Price Performance

CNQ stock opened at $30.55 on Monday. The stock’s 50 day moving average price is $29.98 and its 200 day moving average price is $32.14. The firm has a market cap of $64.16 billion, a P/E ratio of 11.86 and a beta of 1.48. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.53 and a current ratio of 0.84. Canadian Natural Resources has a 1 year low of $25.62 and a 1 year high of $41.29.

Institutional Trading of Canadian Natural Resources

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Duncker Streett & Co. Inc. bought a new stake in shares of Canadian Natural Resources during the 4th quarter worth $25,000. Lee Danner & Bass Inc. acquired a new stake in Canadian Natural Resources during the 4th quarter worth about $25,000. Continuum Advisory LLC lifted its stake in Canadian Natural Resources by 144.1% during the third quarter. Continuum Advisory LLC now owns 830 shares of the oil and gas producer’s stock valued at $28,000 after buying an additional 490 shares in the last quarter. Hurley Capital LLC acquired a new position in shares of Canadian Natural Resources in the fourth quarter worth about $31,000. Finally, Sandy Spring Bank purchased a new position in Canadian Natural Resources during the 4th quarter worth approximately $31,000. 74.03% of the stock is owned by institutional investors and hedge funds.

Canadian Natural Resources Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 21st will be given a $0.4117 dividend. The ex-dividend date is Friday, March 21st. This is a boost from Canadian Natural Resources’s previous quarterly dividend of $0.39. This represents a $1.65 annualized dividend and a yield of 5.39%. Canadian Natural Resources’s payout ratio is 77.88%.

Canadian Natural Resources Company Profile

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).