Canadian Natural Resources Limited (NYSE:CNQ - Free Report) TSE: CNQ - Stock analysts at Zacks Research decreased their Q1 2025 earnings estimates for shares of Canadian Natural Resources in a research report issued to clients and investors on Wednesday, November 20th. Zacks Research analyst T. Saha now anticipates that the oil and gas producer will earn $0.55 per share for the quarter, down from their previous estimate of $0.59. The consensus estimate for Canadian Natural Resources' current full-year earnings is $2.44 per share. Zacks Research also issued estimates for Canadian Natural Resources' Q2 2025 earnings at $0.55 EPS, Q4 2025 earnings at $0.40 EPS, FY2025 earnings at $2.04 EPS and Q1 2026 earnings at $0.60 EPS.
Other analysts also recently issued reports about the stock. StockNews.com downgraded shares of Canadian Natural Resources from a "buy" rating to a "hold" rating in a report on Friday, August 23rd. Desjardins raised shares of Canadian Natural Resources from a "hold" rating to a "moderate buy" rating in a report on Tuesday, October 8th. Five investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $51.00.
Check Out Our Latest Stock Analysis on CNQ
Canadian Natural Resources Stock Performance
Canadian Natural Resources stock traded up $0.29 during mid-day trading on Friday, reaching $34.84. The company had a trading volume of 4,570,180 shares, compared to its average volume of 5,300,931. 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 has a 52 week low of $29.45 and a 52 week high of $41.29. The company has a 50 day moving average of $34.53 and a 200-day moving average of $35.39. The firm has a market cap of $73.53 billion, a price-to-earnings ratio of 13.41 and a beta of 1.50.
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 (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.30. The business had revenue of $7.62 billion during the quarter, compared to the consensus estimate of $6.40 billion. Canadian Natural Resources had a net margin of 18.45% and a return on equity of 20.07%. During the same period in the prior year, the firm earned $0.96 EPS.
Institutional Investors Weigh In On Canadian Natural Resources
Hedge funds have recently made changes to their positions in the company. Lighthouse Investment Partners LLC acquired a new stake in shares of Canadian Natural Resources during the 2nd quarter worth about $890,000. Canoe Financial LP increased its position in shares of Canadian Natural Resources by 226.0% during the 3rd quarter. Canoe Financial LP now owns 1,549,610 shares of the oil and gas producer's stock worth $51,469,000 after purchasing an additional 1,074,199 shares in the last quarter. Aigen Investment Management LP increased its position in shares of Canadian Natural Resources by 123.0% during the 3rd quarter. Aigen Investment Management LP now owns 54,323 shares of the oil and gas producer's stock worth $1,804,000 after purchasing an additional 29,961 shares in the last quarter. Capital Wealth Planning LLC increased its position in shares of Canadian Natural Resources by 228.5% during the 2nd quarter. Capital Wealth Planning LLC now owns 91,652 shares of the oil and gas producer's stock worth $3,263,000 after purchasing an additional 63,756 shares in the last quarter. Finally, Souders Financial Advisors increased its position in Canadian Natural Resources by 103.0% in the 2nd quarter. Souders Financial Advisors now owns 99,999 shares of the oil and gas producer's stock valued at $3,560,000 after acquiring an additional 50,744 shares in the last quarter. Institutional investors and hedge funds own 74.03% of the company's stock.
Canadian Natural Resources Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Friday, December 13th will be given a dividend of $0.388 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.55 dividend on an annualized basis and a dividend yield of 4.45%. This is a boost from Canadian Natural Resources's previous quarterly dividend of $0.38. Canadian Natural Resources's dividend payout ratio (DPR) is 60.58%.
Canadian Natural Resources Company Profile
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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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