Canadian Natural Resources Limited (NYSE:CNQ) Declares Dividend Increase - C$0.63 Per Share

Key Points

• Canadian Natural Resources declared a quarterly dividend of C$0.625 per share payable April 7 (record/ex‑dividend date March 20), a 6.4% increase from the prior quarterly payout and implying roughly a 5.5% yield.
• The company beat Q4 estimates, reporting EPS of $0.82 versus a $0.53 consensus, with management citing record production, lower operating costs and strong cash generation.
• Dividend coverage appears intact: CNQ has increased its dividend annually for 24 consecutive years and carries a payout ratio around 69.7%, while analysts forecast roughly $2.45 EPS next year supporting the payout.

Canadian Natural Resources Limited (NYSE:CNQ - Get Free Report) TSE: CNQ declared a quarterly dividend on Thursday, March 5th. Investors of record on Friday, March 20th will be given a dividend of 0.625 per share by the oil and gas producer on Tuesday, April 7th. This represents a c) annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Friday, March 20th. This is a 6.4% increase from Canadian Natural Resources's previous quarterly dividend of $0.59.

Canadian Natural Resources has raised its dividend by an average of 0.2%per year over the last three years and has raised its dividend annually for the last 24 consecutive years. Canadian Natural Resources has a payout ratio of 69.7% meaning its dividend is sufficiently covered by earnings. Analysts expect Canadian Natural Resources to earn $2.48 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 67.7%.

Canadian Natural Resources Stock Performance

NYSE:CNQ traded up $1.13 during mid-day trading on Thursday, hitting $45.31. 11,883,319 shares of the company's stock traded hands, compared to its average volume of 9,883,290. The firm has a market capitalization of $94.45 billion, a price-to-earnings ratio of 20.05 and a beta of 0.63. The firm has a 50 day moving average of $37.33 and a two-hundred day moving average of $33.89. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 0.41. Canadian Natural Resources has a 12 month low of $24.65 and a 12 month high of $45.92.

Canadian Natural Resources (NYSE:CNQ - Get Free Report) TSE: CNQ last issued its quarterly earnings results on Thursday, March 5th. The oil and gas producer reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.53 by $0.29. Canadian Natural Resources had a return on equity of 18.93% and a net margin of 14.90%.During the same quarter last year, the firm earned $0.93 earnings per share. On average, equities analysts forecast that Canadian Natural Resources will post 2.45 earnings per share for the current fiscal year.

More Canadian Natural Resources News

Here are the key news stories impacting Canadian Natural Resources this week:

• Positive Sentiment: Q4 results beat consensus as higher oil production lifted profits; management highlighted strong operations and cost control. Canadian Natural Resources beats quarterly profit estimates
• Positive Sentiment: The board approved a 6.4% increase to the quarterly cash dividend to $0.625/share, payable April 7 — a direct near‑term benefit for income investors and a signal of strong cash generation. Canadian Natural Resources Limited Announces Quarterly Dividend
• Positive Sentiment: Company press release: 2025 was described as the best operational year with production records, lower operating costs and capex under forecast — supports margin resilience and cash flow outlook. Canadian Natural Resources Limited Announces 2025 Fourth Quarter and Year End Results
• Positive Sentiment: Macro tailwind: WTI crude trading above $75 amid geopolitical strain makes producers like CNQ more attractive for oil‑driven upside. Oil Prices Above $75: 4 Key Players to Watch in a Volatile Market
• Neutral Sentiment: Analysts note the quarter beat consensus (est. ~$0.53) but some outlets report different per‑share metrics; sell‑side estimates still expect strong full‑year EPS (~2.45). Canadian Natural Resources (CNQ) Tops Q4 Earnings and Revenue Estimates
• Negative Sentiment: Some coverage frames the results as “softer earnings” vs. prior year despite record output — a reminder that beat dynamics may be driven by volume not higher per‑barrel margins, which could limit multiple expansion. How Record Q4 2025 Output And Softer Earnings At Canadian Natural Resources TSX: CNQ Has Changed Its Investment Story

Canadian Natural Resources Company Profile

Canadian Natural Resources Limited NYSE: CNQ is a Calgary-based independent oil and natural gas exploration and production company. Established in the early 1970s and publicly listed in Canada and the United States, the company is principally engaged in the exploration, development, production, and marketing of crude oil, natural gas and natural gas liquids. Its asset base spans conventional and unconventional reservoirs and includes oil sands mining and in-situ thermal projects, midstream processing and upgrading capacity, and related field operations.

The company's operations are concentrated in Western Canada, where it develops heavy crude, bitumen from oil sands and conventional light crude and natural gas resources.

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