What is Zacks Research’s Estimate for TSE:CNQ Q1 Earnings?

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) – Equities researchers at Zacks Research increased their Q1 2025 EPS estimates for Canadian Natural Resources in a report issued on Wednesday, March 26th. Zacks Research analyst T. Saha now forecasts that the company will earn $0.93 per share for the quarter, up from their prior estimate of $0.80. The consensus estimate for Canadian Natural Resources’ current full-year earnings is $3.83 per share. Zacks Research also issued estimates for Canadian Natural Resources’ Q2 2025 earnings at $0.78 EPS, Q3 2025 earnings at $0.90 EPS, Q4 2025 earnings at $0.67 EPS, FY2025 earnings at $3.28 EPS, Q1 2026 earnings at $0.93 EPS, Q2 2026 earnings at $0.75 EPS, Q3 2026 earnings at $0.78 EPS, Q4 2026 earnings at $1.01 EPS and FY2027 earnings at $4.29 EPS.

A number of other equities analysts have also commented on CNQ. Gerdes Energy Research raised shares of Canadian Natural Resources from a “neutral” rating to a “buy” rating in a research note on Monday, December 16th. Wells Fargo & Company decreased their target price on Canadian Natural Resources from C$50.00 to C$44.00 in a research report on Friday, March 7th. Scotiabank raised Canadian Natural Resources from a “sector perform” rating to an “outperform” rating and set a C$56.00 price target on the stock in a research report on Wednesday, March 19th. Raymond James raised their price objective on Canadian Natural Resources from C$51.00 to C$52.00 and gave the stock a “market perform” rating in a research report on Friday, March 7th. Finally, National Bankshares dropped their target price on Canadian Natural Resources from C$51.00 to C$49.00 and set a “sector perform” rating on the stock in a report on Friday, March 7th. Five research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of C$68.53.

Canadian Natural Resources Stock Performance

Canadian Natural Resources stock opened at C$43.73 on Friday. Canadian Natural Resources has a fifty-two week low of C$37.11 and a fifty-two week high of C$56.49. The firm’s 50 day simple moving average is C$43.04 and its 200-day simple moving average is C$45.25. The company has a debt-to-equity ratio of 25.79, a current ratio of 0.84 and a quick ratio of 0.54. The company has a market cap of C$91.77 billion, a P/E ratio of 12.14, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89.

Insider Activity at Canadian Natural Resources

In related news, Director Stephen W. Laut acquired 942 shares of the stock in a transaction dated Monday, January 6th. The shares were acquired at an average price of C$46.46 per share, with a total value of C$43,765.32. Also, Senior Officer Calvin John Bast sold 7,500 shares of the business’s stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of C$41.80, for a total value of C$313,500.00. In the last quarter, insiders sold 154,684 shares of company stock valued at $6,940,170. 4.26% of the stock is owned by corporate insiders.

Canadian Natural Resources Company Profile

Canadian Natural Resources is one of the largest oil and natural gas producers in western Canada, supplemented by operations in the North Sea and Offshore Africa. The company’s portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas. Production averaged 1.16 million barrels of oil equivalent per day in 2020, and the company estimates that it holds over 11.5 billion boe of proven and probable crude oil and natural gas reserves.