Equities Analysts Offer Predictions for TSE:CNQ Q1 Earnings

Canadian Natural Resources Limited (TSE:CNQ - Free Report) NYSE: CNQ - Zacks Research boosted their Q1 2025 earnings per share (EPS) estimates for Canadian Natural Resources in a report issued on Wednesday, April 23rd. Zacks Research analyst T. Saha now expects that the company will post earnings per share of $0.96 for the quarter, up from their prior estimate of $0.93. 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' Q4 2025 earnings at $0.75 EPS and FY2027 earnings at $4.14 EPS.

Several other brokerages have also recently weighed in on CNQ. CIBC boosted their price target on shares of Canadian Natural Resources from C$59.00 to C$62.00 in a research report on Thursday, April 10th. Raymond James raised shares of Canadian Natural Resources from a "market perform" rating to an "outperform" rating and lowered their price target for the company from C$52.00 to C$49.00 in a research report on Wednesday, April 9th. National Bankshares decreased their target price on shares of Canadian Natural Resources from C$51.00 to C$49.00 and set a "sector perform" rating on the stock in a research report on Friday, March 7th. Evercore ISI raised shares of Canadian Natural Resources from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 7th. Finally, Tudor Pickering cut shares of Canadian Natural Resources from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 10th. Five investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Canadian Natural Resources currently has an average rating of "Moderate Buy" and an average price target of C$54.08.

Canadian Natural Resources Trading Down 0.5 %

Shares of CNQ stock traded down C$0.20 on Thursday, hitting C$40.70. 1,120,209 shares of the stock traded hands, compared to its average volume of 12,911,054. The firm's 50-day moving average price is C$41.03 and its two-hundred day moving average price is C$44.34. The company has a debt-to-equity ratio of 25.79, a quick ratio of 0.54 and a current ratio of 0.84. The stock has a market capitalization of C$85.41 billion, a PE ratio of 11.30, a PEG ratio of 0.53 and a beta of 1.89. Canadian Natural Resources has a twelve month low of C$34.92 and a twelve month high of C$53.45.

Insider Activity at Canadian Natural Resources

In related news, Senior Officer Dwayne Frederick Giggs purchased 1,400 shares of the business's stock in a transaction dated Thursday, April 10th. The stock was acquired at an average price of C$36.88 per share, for a total transaction of C$51,631.02. Also, Senior Officer Devin Craig Lowe sold 7,500 shares of the company's stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of C$44.91, for a total value of C$336,795.00. Insiders sold 47,184 shares of company stock valued at $2,047,408 over the last three months. 4.26% of the stock is owned by corporate insiders.

About Canadian Natural Resources

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.