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CNQ Stock Chart & Stats
C$65.48
-C$2.12(-3.24%)
At close: 4:00 PM EDT
C$65.48
-C$2.12(-3.24%)
Day’s Range― - ―
52-Week RangeC$40.80 - C$70.99
Previous CloseN/A
Volume1.76M
Average Volume (3M)16.25M
Market Cap
C$140.97B
Enterprise ValueC$134.85K
Total Cash (Recent Filing)C$2.62B
Total Debt (Recent Filing)C$17.14B
Price to Earnings (P/E)12.2
Beta0.15
Next Earnings
Oct 29, 2026EPS Estimate
1.45Next Dividend Ex-DateN/A
Dividend Yield3.52%
Share Statistics
EPS (TTM)5.66
Shares Outstanding2,061,500,000
10 Day Avg. Volume9,161,610
30 Day Avg. Volume16,247,293
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$72.93Price Target Upside11.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)6.04
Revenue Forecast (FY)C$49.99B
Bulls Say, Bears Say
Bulls Say
High Profitability & Cash GenerationSustained high margins and rapidly growing free cash flow underpin durable internal funding for capital, dividends and buybacks. Operating cash flow exceeds net income (~1.48x), supporting earnings quality and resilience through commodity cycles while enabling consistent capital returns.
Large, Long‑Life Production BaseScale from oil sands, in situ and conventional assets delivers a long‑life production profile and raised guidance, which supports medium‑term cash flow visibility. Record volumes reflect low decline characteristics and provide base resilience across commodity cycles and market access variability.
Strong Shareholder Returns PolicyExplicit policy to return the bulk of free cash flow via buybacks and a meaningful quarterly dividend institutionalizes capital discipline. This converts operational cash into predictable returns, aligns management incentives with capital efficiency and supports investor base stability over time.
Bears Say
Balance Sheet Exposure To PricesNet debt reduction progress and timing are tied to commodity pricing, so deleveraging and related capacity to invest or return capital can be delayed if prices weaken. This linkage leaves strategic flexibility vulnerable to sustained commodity downcycles.
Growth Projects On HoldKey expansions (Jackfish, Pike 2, Albion, Horizon) are paused until agreements are finalized, creating execution and timing risk for future volume growth. With projects shelved, organic growth visibility 6–24 months out is constrained and optionality is reduced.
Solvent Economics UncertainPlanned solvent deployment introduces technology and cost uncertainty: if full‑cycle economics don’t support scale, expected recovery, SOR improvements and cost reductions may not materialize, limiting potential production upside and increasing execution risk for in situ optimization.
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$40.80 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$140.97B.
When is Canadian Natural Resources’s upcoming earnings report date?
Canadian Natural Resources’s upcoming earnings report date is Oct 29, 2026 which is in 70 days.
How were Canadian Natural Resources’s earnings last quarter?
Canadian Natural Resources released its earnings results on Aug 06, 2026. The company reported C$2.15 earnings per share for the quarter, beating the consensus estimate of C$2.079 by C$0.071.
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$0.625 which represents an annual dividend yield of 3.52%. See more information on Canadian Natural Resources dividends here
What is Canadian Natural Resources’s EPS estimate?
Canadian Natural Resources’s EPS estimate is 1.45.
How many shares outstanding does Canadian Natural Resources have?
Canadian Natural Resources has 2,061,500,000 shares outstanding.
What happened to Canadian Natural Resources’s price movement after its last earnings report?
Canadian Natural Resources reported an EPS of C$2.15 in its last earnings report, beating expectations of C$2.079. Following the earnings report the stock price went up 1.559%.
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
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
C$72.93 (11.38% Upside)
C$72.93 (11.38% Upside)
Blogger Sentiment
Bullish
TSE:CNQ Sentiment 90%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth C$50.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days <0.1%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
53.65%
12-Months-Change
Fundamentals
Return on Equity
3.52%
Trailing 12-Months
Asset Growth
8.94%
Trailing 12-Months
Company Description
Canadian Natural Resources
Canadian Natural Resources Limited (CNRL) is an integrated energy company involved in the entire lifecycle of hydrocarbon resources, from acquisition and exploration to development, production, marketing, and sales. The firm's product portfolio includes various grades of crude oil, such as synthetic crude oil (SCO), light, medium, and heavy crude oils (including bitumen or thermal oil, and Pelican Lake heavy crude), along with natural gas and natural gas liquids (NGLs). CNRL also manages midstream and refining infrastructure, comprising two crude oil pipeline systems and a 50% interest in an 84-megawatt cogeneration facility situated in Primrose. As of December 31, 2020, the company held significant reserves: 10,528 million barrels (MMbbl) of proved crude oil, bitumen, and NGLs (13,271 MMbbl total proved plus probable). 6,998 MMbbl of proved SCO (7,535 MMbbl total proved plus probable). 12,168 billion cubic feet (Bcf) of proved natural gas (20,249 Bcf total proved plus probable). Operations are concentrated across Western Canada, the United Kingdom sector of the North Sea, and offshore Africa. Founded in 1973 and headquartered in Calgary, Canada, the company adopted its current name, Canadian Natural Resources Limited, in December 1975, having previously operated as AEX Minerals Corporation.
CNQ Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlights multiple record operational and financial achievements — including all-time quarterly production records across oil sands and total corporate metrics, industry-leading operating costs and netbacks, exceptional adjusted earnings and funds flow, meaningful shareholder returns, and improved liquidity — demonstrating strong execution and cash generation. Risks were acknowledged, notably development projects being paused pending definitive agreements under the trilateral MOU, SCO price volatility, solvent economics uncertainty, scheduled turnarounds, and timing risk to reach targeted net debt levels. Overall, the positive operational and financial momentum and large number of material records materially outweigh the manageable strategic and execution risks discussed.View all TSE:CNQ earnings summariesCNQ Stock 12 Month Forecast
Average Price Target
C$72.93
▲(11.38% Upside)
Technical Analysis
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