Canadian Natural Resources (CNQ) Set to Release Earnings on Thursday

Key Points

• Canadian Natural Resources is expected to report Q3 2026 results before the market opens on November 5, with analysts forecasting $1.05 in earnings per share and $8.79 billion in revenue. The earnings call is scheduled for 11:00 a.m. ET.
• The company’s previous quarter exceeded expectations, reporting $1.58 EPS versus the $1.43 consensus and $14.74 billion in revenue. Analysts expect full-year EPS of $4.10 and next-year EPS of $4.00.
• CNQ shares recently traded at $54.80, near their 52-week high, while the company maintains a quarterly dividend of C$0.62, representing an annualized yield of about 4.6%. Wall Street’s consensus rating is Moderate Buy, with a $57.00 price target.

Canadian Natural Resources (NYSE:CNQ - Get Free Report) TSE: CNQ will likely be issuing its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Canadian Natural Resources to announce earnings of $1.05 per share and revenue of $8.79 billion for the quarter. Interested persons may review the information on the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 11:00 AM ET.

Canadian Natural Resources (NYSE:CNQ - Get Free Report) TSE: CNQ last issued its earnings results on Thursday, August 6th. The oil and gas producer reported $1.58 EPS for the quarter, beating analysts' consensus estimates of $1.43 by $0.15. Canadian Natural Resources had a return on equity of 23.91% and a net margin of 22.78%. The business had revenue of $14.74 billion during the quarter, compared to analyst estimates of $9.40 billion. On average, analysts expect Canadian Natural Resources to post $4.10 EPS for the current fiscal year and $4.00 EPS for the next fiscal year.

Canadian Natural Resources Stock Up 1.4%

CNQ stock opened at $54.80 on Thursday. The stock's 50 day simple moving average is $50.55 and its 200 day simple moving average is $45.62. Canadian Natural Resources has a fifty-two week low of $30.13 and a fifty-two week high of $55.49. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.75 and a current ratio of 1.00. The company has a market cap of $112.62 billion, a P/E ratio of 13.53 and a beta of 0.53.

Canadian Natural Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 11th were paid a C$0.62 dividend. This represents a $2.50 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Friday, September 11th. Canadian Natural Resources's dividend payout ratio (DPR) is 44.44%.

Wall Street Analyst Weigh In

CNQ has been the subject of several recent research reports. Weiss Ratings upgraded Canadian Natural Resources from a "buy (b)" rating to a "buy (b+)" rating in a report on Thursday, October 8th. TD Securities reiterated a "buy" rating on shares of Canadian Natural Resources in a report on Friday, August 7th. Scotiabank reissued a "sector perform" rating on shares of Canadian Natural Resources in a research report on Monday, October 19th. Desjardins upgraded shares of Canadian Natural Resources to a "hold" rating in a research note on Thursday, July 16th. Finally, Zacks Research upgraded shares of Canadian Natural Resources from a "hold" rating to a "strong-buy" rating in a research note on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $57.00.

Canadian Natural Resources Company Profile

Canadian Natural Resources Limited is an independent energy company engaged in the exploration, development, production, marketing and sale of crude oil, natural gas and natural gas liquids. Its portfolio includes conventional and unconventional petroleum assets, heavy crude oil operations, and oil sands projects that produce bitumen and synthetic crude oil.

The company's principal operations are located in Western Canada, including oil sands and conventional assets in Alberta and natural gas properties in Alberta and British Columbia.

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