Canadian Natural Resources Limited (NYSE:CNQ - Free Report) TSE: CNQ - Analysts at Zacks Research cut their Q2 2025 EPS estimates for shares of Canadian Natural Resources in a research report issued on Wednesday, April 23rd. Zacks Research analyst T. Saha now expects that the oil and gas producer will post earnings of $0.48 per share for the quarter, down from their prior 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 research analysts have also recently issued reports on the stock. Tudor Pickering cut shares of Canadian Natural Resources from a "strong-buy" rating to a "hold" rating in a report on Monday, February 10th. Raymond James raised shares of Canadian Natural Resources from a "market perform" rating to an "outperform" rating in a report on Wednesday, April 9th. Scotiabank raised shares of Canadian Natural Resources from a "sector perform" rating to a "sector outperform" rating in a report on Wednesday, March 19th. Evercore ISI raised shares of Canadian Natural Resources from an "in-line" rating to an "outperform" rating in a report on Friday, March 7th. Finally, Royal Bank of Canada reissued an "outperform" rating and set a $63.00 price target on shares of Canadian Natural Resources in a report on Thursday, March 27th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $63.00.
Read Our Latest Analysis on CNQ
Canadian Natural Resources Stock Performance
NYSE CNQ traded up $0.27 during trading hours on Friday, hitting $29.61. 3,142,841 shares of the stock were exchanged, compared to its average volume of 5,384,449. The company has a market cap of $62.11 billion, a price-to-earnings ratio of 11.50 and a beta of 1.10. Canadian Natural Resources has a 12-month low of $24.65 and a 12-month high of $39.20. The stock has a 50-day moving average of $28.91 and a 200 day moving average of $31.25. The company has a quick ratio of 0.53, a current ratio of 0.84 and a debt-to-equity ratio of 0.21.
Canadian Natural Resources Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, March 21st were given a $0.4117 dividend. The ex-dividend date was Friday, March 21st. This is a positive change from Canadian Natural Resources's previous quarterly dividend of $0.39. This represents a $1.65 annualized dividend and a dividend yield of 5.56%. Canadian Natural Resources's dividend payout ratio is currently 77.88%.
Institutional Trading of Canadian Natural Resources
Several large investors have recently modified their holdings of CNQ. Duncker Streett & Co. Inc. acquired a new stake in shares of Canadian Natural Resources in the fourth quarter valued at approximately $25,000. Lee Danner & Bass Inc. acquired a new stake in shares of Canadian Natural Resources in the fourth quarter valued at approximately $25,000. Sandy Spring Bank acquired a new stake in shares of Canadian Natural Resources in the fourth quarter valued at approximately $31,000. CoreFirst Bank & Trust acquired a new stake in shares of Canadian Natural Resources in the fourth quarter valued at approximately $31,000. Finally, Hurley Capital LLC acquired a new stake in shares of Canadian Natural Resources in the fourth quarter valued at approximately $31,000. 74.03% of the stock is currently owned by institutional investors and hedge funds.
About Canadian Natural Resources
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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).
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