Canadian Natural Resources (TSE:CNQ)
NYSE:CNQ
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CNQ Stock Chart & Stats
C$58.81
-C$0.35(-0.73%)
At close: 4:00 PM EST
C$58.81
-C$0.35(-0.73%)
Day’s Range― - ―
52-Week RangeC$40.62 - C$70.99
Previous CloseN/A
Volume1.23M
Average Volume (3M)9.98M
Market Cap
C$136.42B
Enterprise ValueC$150.00B
Total Cash (Recent Filing)C$808.00M
Total Debt (Recent Filing)C$20.02B
Price to Earnings (P/E)14.2
Beta0.31
Next Earnings
Jul 30, 2026EPS Estimate
1.94Next Dividend Ex-DateN/A
Dividend Yield5.23%
Share Statistics
EPS (TTM)4.66
Shares Outstanding2,085,972,000
10 Day Avg. Volume13,769,921
30 Day Avg. Volume9,975,293
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)2.19
Price to Sales (P/S)2.51
P/FCF Ratio11.53
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$69.39Price Target Upside17.99% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
EPS Forecast (FY)6.15
Revenue Forecast (FY)C$45.25B
Bulls Say, Bears Say
Bulls Say
Production GrowthSustained, material production growth demonstrates scalable operations and execution across Oil Sands, thermal and conventional assets. Record volumes diversify cash flows across liquids and gas, supporting multi-year cash generation capacity and resilience through commodity cycles.
Cash Generation & ReturnsVery strong FCF and large shareholder returns show durable free-cash conversion and disciplined capital allocation. Consistent distributions and buybacks indicate management prioritizes returns and balance sheet repair, reinforcing long-term investor-friendly policy and capital discipline.
Balance Sheet ResilienceManageable leverage and strong liquidity provide financial flexibility to fund projects, weather commodity downturns, and support dividend/repurchase policy. Lower debt ratios sustain investment optionality and reduce refinancing risk across the 2–6 month horizon and beyond.
Bears Say
Project DeferralDeferral delays a major long‑term growth investment and compresses optionality for future liquids capacity. Regulatory uncertainty increases project execution risk, slows potential production additions and may raise future capital intensity or timing risk for long-run reserve monetization.
Cash Flow SofteningA meaningful decline in FCF and weaker cash conversion versus net income reduce internal funding for growth and returns. Persistently lower revenue and shrinking FCF weaken buffer against commodity shocks and limit capacity to accelerate buybacks or de-leverage without higher leverage or capex cuts.
Gas Market StructureStructural weakness in North American gas pricing constrains realized gas margins and long-term cash from gas volumes. Delayed LNG capacity and ample supply imply prolonged price headwinds, reducing upside from growing gas production and increasing sensitivity to commodity cycles.
Canadian Natural News
CNQ FAQ
What was Canadian Natural Resources’s price range in the past 12 months?
Canadian Natural Resources lowest stock price was C$40.62 and its highest was C$70.99 in the past 12 months.
What is Canadian Natural Resources’s market cap?
Canadian Natural Resources’s market cap is C$136.42B.
When is Canadian Natural Resources’s upcoming earnings report date?
Canadian Natural Resources’s upcoming earnings report date is Jul 30, 2026 which is in 56 days.
How were Canadian Natural Resources’s earnings last quarter?
Canadian Natural Resources released its earnings results on May 07, 2026. The company reported C$1.17 earnings per share for the quarter, beating the consensus estimate of C$1.054 by C$0.116.
Is Canadian Natural Resources overvalued?
According to Wall Street analysts Canadian Natural Resources’s price is currently Undervalued.
Does Canadian Natural Resources pay dividends?
Canadian Natural Resources pays a Quarterly dividend of C$0.588 which represents an annual dividend yield of 5.23%. See more information on Canadian Natural Resources dividends here
What is Canadian Natural Resources’s EPS estimate?
Canadian Natural Resources’s EPS estimate is 1.94.
How many shares outstanding does Canadian Natural Resources have?
Canadian Natural Resources has 2,085,972,000 shares outstanding.
What happened to Canadian Natural Resources’s price movement after its last earnings report?
Canadian Natural Resources reported an EPS of C$1.17 in its last earnings report, beating expectations of C$1.054. Following the earnings report the stock price went down -2.088%.
Which hedge fund is a major shareholder of Canadian Natural Resources?
Currently, no hedge funds are holding shares in TSE:CNQ
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Canadian Natural Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$69.39 (17.99% Upside)
C$69.39 (17.99% Upside)
Blogger Sentiment
Bullish
TSE:CNQ Sentiment 70%
Sector Average 72%
Sector Average 72%
Insider Transactions
Sold Shares
Worth C$35.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.1%
Last 30 Days ▲ 5.5%
Last 30 Days ▲ 5.5%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
59.14%
12-Months-Change
Fundamentals
Return on Equity
22.74%
Trailing 12-Months
Asset Growth
14.36%
Trailing 12-Months
Company Description
Canadian Natural Resources
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers synthetic crude oil (SCO), light and medium crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake heavy crude oil. Its midstream and refining assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2020, the company had total proved crude oil, bitumen, and NGLs reserves were 10,528 million barrels (MMbbl); total proved plus probable crude oil, bitumen, and NGLs reserves were 13,271 MMbbl; proved SCO reserves were 6,998 MMbbl; total proved plus probable SCO reserves were 7,535 MMbbl; proved natural gas reserves were 12,168 billion cubic feet (Bcf); and total proved plus probable natural gas reserves were 20,249 Bcf. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.
CNQ Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: multiple production and liquids records, significant reserve additions with low FD&A costs, robust adjusted earnings and funds flow, disciplined capital guidance (reduced 2026 capex) and an enhanced shareholder return policy. Key negatives were the deferral of the large Jackpine expansion due to regulatory uncertainty, a large non-cash accounting gain inflating reported net earnings for the quarter, and ongoing macro and gas market volatility. On balance, the positive operational and financial achievements, plus clearer pathways for accelerated shareholder returns, outweigh the highlighted risks and one-off accounting effects.View all TSE:CNQ earnings summariesCNQ Stock 12 Month Forecast
Average Price Target
C$69.39
▲(17.99% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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