Canadian Natural Resources (CNQ) Stock Price, News & Analysis

Company Overview

Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development, production, marketing and transportation company headquartered in Calgary, Alberta. The company produces synthetic crude oil, conventional heavy and light crude oil, natural gas liquids and natural gas.

Its operations are concentrated in Western Canada and include oil sands mining and upgrading projects in northern Alberta, conventional and heavy-oil assets, and natural gas production. Canadian Natural Resources also has offshore operations in the United Kingdom’s North Sea and interests in international petroleum assets.

Founded in 1973, the company has developed into one of Canada’s largest oil and gas producers. Its products are sold to domestic and international markets through an integrated network of production, processing, upgrading, transportation and marketing infrastructure. Canadian Natural Resources is listed on the Toronto Stock Exchange and the New York Stock Exchange under the symbol CNQ.

Key Stats

• Today's Range: $52.35 to $52.95
• 50-Day Range: $45.46 to $52.15
• 52-Week Range: $29.68 to $52.95
• Volume: 414,738 shs
• Average Volume: 9.00 million shs
• Market Capitalization: $108.40 billion
• P/E Ratio: 13.02
• Dividend Yield: 3.41%
• Price Target: $57.00
• Consensus Rating: Moderate Buy

Canadian Natural Resources Stock Analysis - MarketRank™

Canadian Natural Resources scored higher than 72% of companies evaluated by MarketBeat, and ranked 104th out of 248 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Canadian Natural Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 1 strong buy rating, 6 buy ratings, 4 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Canadian Natural Resources is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Canadian Natural Resources has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -10.86%

Earnings Growth

Earnings for Canadian Natural Resources are expected to decrease by -10.86% in the coming year, from $4.05 to $3.61 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Canadian Natural Resources is 12.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 36.60.

Price to Earnings Ratio vs. Sector

The P/E ratio of Canadian Natural Resources is 12.83, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 18.87.

Price to Book Value per Share Ratio

Canadian Natural Resources has a P/B Ratio of 3.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.00% of the float of Canadian Natural Resources has been sold short.

Short Interest Ratio / Days to Cover

Canadian Natural Resources has a short interest ratio ("days to cover") of 21.33, which indicates bearish sentiment.

Change versus previous month

Short interest in Canadian Natural Resources has recently decreased by 35.96%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Canadian Natural Resources pays a meaningful dividend of 3.48%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Canadian Natural Resources has been increasing its dividend for 24 years.

Dividend Coverage

The dividend payout ratio of Canadian Natural Resources is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Canadian Natural Resources will have a dividend payout ratio of 49.86% next year. This indicates that Canadian Natural Resources will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.34

News Sentiment

Canadian Natural Resources has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.73 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Canadian Natural Resources this week, compared to 4 articles on an average week.

Search Interest

Only 31 people have searched for CNQ on MarketBeat in the last 30 days. This is a decrease of -16% compared to the previous 30 days.

MarketBeat Follows

20 people have added Canadian Natural Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

Company Ownership

• Score: 0.9 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Canadian Natural Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

5.00% of the stock of Canadian Natural Resources is held by insiders.

Percentage Held by Institutions

74.03% of the stock of Canadian Natural Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/06/2026
• Record date for 10/2 Dividend: 9/11/2026
• Ex-Dividend for 10/2 Dividend: 9/11/2026
• Dividend Payable: 10/02/2026
• Today: 10/16/2026
• Next Earnings (Estimated): 11/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: NYSE:CNQ
• CIK: 1017413
• Web: www.cnrl.com
• Phone: (403) 514-7777
• Fax: 403-517-7350
• Employees: 10,750
• Year Founded: 1989

Price Target and Rating

• Average Price Target for Canadian Natural Resources: $57.00
• High Price Target: $65.00
• Low Price Target: $49.00
• Potential Upside/Downside: +8.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.73
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.05
• Trailing P/E Ratio: 13.04
• Forward P/E Ratio: 13.03
• P/E Growth: N/A
• Net Income: $7.74 billion
• Net Margins: 22.78%
• Pretax Margin: 29.04%
• Return on Equity: 23.91%
• Return on Assets: 11.45%

Debt

• Debt-to-Equity Ratio: 0.32
• Current Ratio: 1.00
• Quick Ratio: 0.75

Sales & Book Value

• Annual Sales: $31.61 billion
• Price / Sales: 3.43
• Cash Flow: $5.89 per share
• Price / Cash Flow: 8.96
• Book Value: $15.25 per share
• Price / Book: 3.46

Miscellaneous

• Outstanding Shares: 2,054,970,000
• Free Float: 1,952,217,000
• Market Cap: $108.43 billion
• Optionable: Optionable
• Beta: 0.53