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What is Zacks Research's Estimate for CNQ Q2 Earnings?

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Canadian Natural Resources Limited (NYSE:CNQ - Free Report) TSE: CNQ - Research analysts at Zacks Research increased their Q2 2025 EPS estimates for Canadian Natural Resources in a report released on Wednesday, March 26th. Zacks Research analyst T. Saha now expects that the oil and gas producer will post earnings of $0.56 per share for the quarter, up from their previous estimate of $0.55. 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' Q4 2025 earnings at $0.50 EPS, FY2025 earnings at $2.37 EPS, Q1 2026 earnings at $0.67 EPS, Q2 2026 earnings at $0.54 EPS, Q3 2026 earnings at $0.58 EPS, Q4 2026 earnings at $0.74 EPS, FY2026 earnings at $2.53 EPS and FY2027 earnings at $3.03 EPS.

Other analysts also recently issued reports about the company. Scotiabank raised Canadian Natural Resources from a "sector perform" rating to a "sector outperform" rating in a research report on Wednesday, March 19th. Royal Bank of Canada reiterated an "outperform" rating and set a $63.00 price target on shares of Canadian Natural Resources in a research note on Thursday, March 27th. Tudor Pickering cut Canadian Natural Resources from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 10th. Evercore ISI upgraded shares of Canadian Natural Resources from an "in-line" rating to an "outperform" rating in a research report on Friday, March 7th. Finally, Raymond James reiterated a "market perform" rating on shares of Canadian Natural Resources in a research note on Friday, March 7th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $63.00.

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Check Out Our Latest Stock Analysis on CNQ

Canadian Natural Resources Stock Performance

Shares of CNQ stock traded down $1.58 during trading hours on Monday, hitting $29.87. 11,232,140 shares of the company were exchanged, compared to its average volume of 5,515,891. The company has a current ratio of 0.84, a quick ratio of 0.53 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $62.73 billion, a price-to-earnings ratio of 11.60 and a beta of 1.48. The firm has a fifty day simple moving average of $29.93 and a 200 day simple moving average of $32.10. Canadian Natural Resources has a 52-week low of $25.62 and a 52-week high of $41.29.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Holocene Advisors LP bought a new stake in Canadian Natural Resources during the 3rd quarter worth approximately $13,700,000. Principal Securities Inc. raised its position in shares of Canadian Natural Resources by 595.2% in the fourth quarter. Principal Securities Inc. now owns 6,987 shares of the oil and gas producer's stock worth $216,000 after buying an additional 5,982 shares in the last quarter. SG Americas Securities LLC boosted its stake in Canadian Natural Resources by 6.3% during the fourth quarter. SG Americas Securities LLC now owns 296,424 shares of the oil and gas producer's stock valued at $9,151,000 after buying an additional 17,694 shares during the period. CIBC Asset Management Inc grew its position in Canadian Natural Resources by 5.6% during the fourth quarter. CIBC Asset Management Inc now owns 24,109,432 shares of the oil and gas producer's stock worth $746,025,000 after buying an additional 1,270,945 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Canadian Natural Resources by 87.0% in the 4th quarter. Bank of New York Mellon Corp now owns 4,437,771 shares of the oil and gas producer's stock worth $136,994,000 after acquiring an additional 2,064,492 shares during the last quarter. Hedge funds and other institutional investors own 74.03% of the company's stock.

Canadian Natural Resources Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 21st will be issued a dividend of $0.4117 per share. This is a boost from Canadian Natural Resources's previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Friday, March 21st. This represents a $1.65 dividend on an annualized basis and a yield of 5.51%. Canadian Natural Resources's dividend payout ratio is 77.88%.

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).

See Also

Earnings History and Estimates for Canadian Natural Resources (NYSE:CNQ)

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