Canadian Natural Resources Limited (NYSE:CNQ - Free Report) TSE: CNQ - Investment analysts at Zacks Research dropped their Q2 2025 earnings estimates for shares of Canadian Natural Resources in a research note issued to investors on Wednesday, April 23rd. Zacks Research analyst T. Saha now anticipates that the oil and gas producer will post earnings per share of $0.48 for the quarter, down from their previous forecast of $0.56. The consensus estimate for Canadian Natural Resources' current full-year earnings is $2.45 per share. Zacks Research also issued estimates for Canadian Natural Resources' Q3 2025 earnings at $0.58 EPS, FY2025 earnings at $2.28 EPS, Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.56 EPS, Q4 2026 earnings at $0.72 EPS and FY2026 earnings at $2.46 EPS.
Several other equities analysts also recently weighed in on the stock. Royal Bank of Canada reiterated an "outperform" rating and issued a $63.00 price target on shares of Canadian Natural Resources in a report on Thursday, March 27th. Tudor Pickering downgraded shares of Canadian Natural Resources from a "strong-buy" rating to a "hold" rating in a report on Monday, February 10th. Evercore ISI upgraded shares of Canadian Natural Resources from an "in-line" rating to an "outperform" rating in a report on Friday, March 7th. Raymond James upgraded shares of Canadian Natural Resources from a "market perform" rating to an "outperform" rating in a report on Wednesday, April 9th. Finally, Scotiabank upgraded shares of Canadian Natural Resources from a "sector perform" rating to a "sector outperform" rating in a report on Wednesday, March 19th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $63.00.
Get Our Latest Analysis on CNQ
Canadian Natural Resources Stock Performance
Shares of Canadian Natural Resources stock traded down $1.02 during midday trading on Friday, hitting $28.30. The company had a trading volume of 2,647,405 shares, compared to its average volume of 5,374,762. Canadian Natural Resources has a 12-month low of $24.65 and a 12-month high of $39.20. The company has a fifty day simple moving average of $28.87 and a 200 day simple moving average of $31.18. The company has a quick ratio of 0.53, a current ratio of 0.84 and a debt-to-equity ratio of 0.21. The stock has a market cap of $59.36 billion, a price-to-earnings ratio of 10.99 and a beta of 1.10.
Canadian Natural Resources Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, March 21st were given a $0.4117 dividend. The ex-dividend date was Friday, March 21st. This represents a $1.65 dividend on an annualized basis and a dividend yield of 5.82%. This is an increase from Canadian Natural Resources's previous quarterly dividend of $0.39. Canadian Natural Resources's dividend payout ratio is 77.88%.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. FMR LLC raised its position in shares of Canadian Natural Resources by 8.7% during the 4th quarter. FMR LLC now owns 92,550,104 shares of the oil and gas producer's stock worth $2,857,337,000 after purchasing an additional 7,372,718 shares during the last quarter. Principal Securities Inc. lifted its stake in Canadian Natural Resources by 595.2% in the 4th quarter. Principal Securities Inc. now owns 6,987 shares of the oil and gas producer's stock valued at $216,000 after buying an additional 5,982 shares in the last quarter. SG Americas Securities LLC lifted its stake in Canadian Natural Resources by 6.3% in the 4th quarter. SG Americas Securities LLC now owns 296,424 shares of the oil and gas producer's stock valued at $9,151,000 after buying an additional 17,694 shares in the last quarter. CIBC Asset Management Inc lifted its stake in Canadian Natural Resources by 5.6% in the 4th quarter. CIBC Asset Management Inc now owns 24,109,432 shares of the oil and gas producer's stock valued at $746,025,000 after buying an additional 1,270,945 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in Canadian Natural Resources by 87.0% in the 4th quarter. Bank of New York Mellon Corp now owns 4,437,771 shares of the oil and gas producer's stock valued at $136,994,000 after buying an additional 2,064,492 shares in the last quarter. Institutional investors and hedge funds own 74.03% of the company's stock.
About Canadian Natural Resources
(
Get Free Report)
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).
See Also
Before you consider Canadian Natural Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canadian Natural Resources wasn't on the list.
While Canadian Natural Resources currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
