What is Zacks Research's Forecast for CNQ Q1 Earnings?

Canadian Natural Resources Limited (NYSE:CNQ - Free Report) TSE: CNQ - Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for Canadian Natural Resources in a note issued to investors on Tuesday, January 14th. Zacks Research analyst T. Saha now forecasts that the oil and gas producer will post earnings per share of $0.56 for the quarter, up from their previous forecast of $0.55. The consensus estimate for Canadian Natural Resources' current full-year earnings is $2.42 per share. Zacks Research also issued estimates for Canadian Natural Resources' Q2 2025 earnings at $0.56 EPS, Q4 2025 earnings at $0.42 EPS, FY2025 earnings at $2.09 EPS, Q1 2026 earnings at $0.61 EPS, Q4 2026 earnings at $0.63 EPS and FY2026 earnings at $2.25 EPS.

Separately, Desjardins upgraded Canadian Natural Resources from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, October 8th. Four equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock currently has an average rating of "Hold".

Canadian Natural Resources Stock Performance

Shares of CNQ traded up $0.31 during trading hours on Friday, reaching $31.11. 5,819,543 shares of the company traded hands, compared to its average volume of 6,923,376. The stock's fifty day moving average is $32.24 and its 200 day moving average is $34.05. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.53 and a current ratio of 0.84. The stock has a market cap of $65.44 billion, a P/E ratio of 12.08 and a beta of 1.46. Canadian Natural Resources has a 1-year low of $29.23 and a 1-year high of $41.29.

Canadian Natural Resources (NYSE:CNQ - Get Free Report) TSE: CNQ last posted its quarterly earnings data on Thursday, October 31st. The oil and gas producer reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.30. Canadian Natural Resources had a return on equity of 20.07% and a net margin of 18.45%. The company had revenue of $7.62 billion during the quarter, compared to analysts' expectations of $6.40 billion. During the same period in the prior year, the business earned $0.96 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CNQ. Moloney Securities Asset Management LLC increased its stake in shares of Canadian Natural Resources by 5.4% in the third quarter. Moloney Securities Asset Management LLC now owns 7,302 shares of the oil and gas producer's stock valued at $242,000 after buying an additional 376 shares in the last quarter. Measured Wealth Private Client Group LLC grew its holdings in Canadian Natural Resources by 4.1% during the 3rd quarter. Measured Wealth Private Client Group LLC now owns 10,158 shares of the oil and gas producer's stock worth $337,000 after acquiring an additional 404 shares during the last quarter. Kingsview Wealth Management LLC grew its holdings in Canadian Natural Resources by 4.9% during the 3rd quarter. Kingsview Wealth Management LLC now owns 9,018 shares of the oil and gas producer's stock worth $300,000 after acquiring an additional 419 shares during the last quarter. Pitcairn Co. increased its position in Canadian Natural Resources by 1.3% in the 3rd quarter. Pitcairn Co. now owns 36,390 shares of the oil and gas producer's stock valued at $1,209,000 after acquiring an additional 475 shares in the last quarter. Finally, Continuum Advisory LLC raised its stake in shares of Canadian Natural Resources by 144.1% in the third quarter. Continuum Advisory LLC now owns 830 shares of the oil and gas producer's stock worth $28,000 after acquiring an additional 490 shares during the last quarter. Institutional investors own 74.03% of the company's stock.

About 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 light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).