What is Zacks Research's Estimate for TSE:CNQ Q2 Earnings?

Canadian Natural Resources Limited (TSE:CNQ - Free Report) NYSE: CNQ - Research analysts at Zacks Research cut their Q2 2025 EPS estimates for Canadian Natural Resources in a research note issued on Wednesday, April 23rd. Zacks Research analyst T. Saha now anticipates that the company will post earnings of $0.68 per share for the quarter, down from their previous forecast of $0.78. 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' Q3 2025 earnings at $0.81 EPS, FY2025 earnings at $3.19 EPS, Q1 2026 earnings at $0.93 EPS, Q2 2026 earnings at $0.71 EPS, Q3 2026 earnings at $0.78 EPS, Q4 2026 earnings at $1.01 EPS, FY2026 earnings at $3.43 EPS and Q1 2027 earnings at $0.94 EPS.

Other equities research analysts have also recently issued reports about the stock. Raymond James upgraded shares of Canadian Natural Resources from a "market perform" rating to an "outperform" rating and reduced their price target for the stock from C$52.00 to C$49.00 in a report on Wednesday, April 9th. Jefferies Financial Group reduced their price target on shares of Canadian Natural Resources from C$54.00 to C$50.00 in a report on Thursday, January 30th. Scotiabank upgraded shares of Canadian Natural Resources from a "sector perform" rating to an "outperform" rating and set a C$56.00 price objective for the company in a report on Wednesday, March 19th. Wells Fargo & Company dropped their price target on shares of Canadian Natural Resources from C$44.00 to C$40.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 9th. Finally, Royal Bank of Canada raised their price target on shares of Canadian Natural Resources from C$62.00 to C$63.00 and gave the company an "outperform" rating in a research report on Friday, March 7th. Five equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$54.08.

Canadian Natural Resources Trading Down 3.6 %

Shares of CNQ stock traded down C$1.47 during trading hours on Friday, hitting C$39.08. 2,682,851 shares of the company's stock traded hands, compared to its average volume of 12,816,351. Canadian Natural Resources has a 12 month low of C$34.92 and a 12 month high of C$53.45. The company has a quick ratio of 0.54, a current ratio of 0.84 and a debt-to-equity ratio of 25.79. The stock's 50 day simple moving average is C$40.97 and its 200 day simple moving average is C$44.28. The stock has a market cap of C$82.01 billion, a PE ratio of 10.85, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89.

Insider Activity at Canadian Natural Resources

In related news, Senior Officer Devin Craig Lowe sold 7,500 shares of the business's stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of C$44.91, for a total transaction of C$336,795.00. Also, Director Stephen W. Laut sold 3,180 shares of the company's stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of C$43.95, for a total transaction of C$139,761.00. Insiders sold 47,184 shares of company stock worth $2,047,408 in the last ninety days. 4.26% of the stock is owned by company 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.