Zacks Research Has Positive View of TSE:CNQ FY2025 Earnings

Canadian Natural Resources Limited (TSE:CNQ - Free Report) NYSE: CNQ - Zacks Research boosted their FY2025 EPS estimates for shares of Canadian Natural Resources in a note issued to investors on Thursday, March 27th. Zacks Research analyst T. Saha now expects that the company will post earnings of $3.31 per share for the year, up from their prior forecast of $3.28. The consensus estimate for Canadian Natural Resources' current full-year earnings is $3.83 per share. Zacks Research also issued estimates for Canadian Natural Resources' Q4 2025 earnings at $0.70 EPS, Q1 2026 earnings at $0.94 EPS, Q2 2026 earnings at $0.76 EPS, Q3 2026 earnings at $0.81 EPS, Q4 2026 earnings at $1.04 EPS, FY2026 earnings at $3.54 EPS and FY2027 earnings at $4.24 EPS.

Several other brokerages also recently weighed in on CNQ. Scotiabank raised shares of Canadian Natural Resources from a "sector perform" rating to an "outperform" rating and set a C$56.00 price target for the company in a research report on Wednesday, March 19th. Royal Bank of Canada boosted their price target on Canadian Natural Resources from C$62.00 to C$63.00 and gave the stock an "outperform" rating in a research note on Friday, March 7th. Gerdes Energy Research raised Canadian Natural Resources from a "neutral" rating to a "buy" rating in a report on Monday, December 16th. BMO Capital Markets decreased their target price on Canadian Natural Resources from C$60.00 to C$58.00 in a research report on Friday, December 13th. Finally, Evercore ISI upgraded shares of Canadian Natural Resources from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 7th. Five analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of C$68.53.

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Canadian Natural Resources Stock Down 0.2 %

Canadian Natural Resources stock traded down C$0.08 during trading hours on Monday, hitting C$44.74. The stock had a trading volume of 1,925,607 shares, compared to its average volume of 12,733,538. The stock's 50-day moving average price is C$42.97 and its 200-day moving average price is C$45.24. The stock has a market capitalization of C$93.89 billion, a P/E ratio of 12.42, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89. Canadian Natural Resources has a 12-month low of C$37.11 and a 12-month high of C$56.49. The company has a quick ratio of 0.54, a current ratio of 0.84 and a debt-to-equity ratio of 25.79.

Insider Buying and Selling

In other Canadian Natural Resources news, Senior Officer Troy John Peter Andersen sold 19,000 shares of the company's stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of C$47.45, for a total value of C$901,607.00. Also, Senior Officer Trevor Wagil sold 4,504 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of C$40.86, for a total transaction of C$184,046.95. In the last three months, insiders have sold 154,684 shares of company stock valued at $6,940,170. 4.26% of the stock is owned by company insiders.

About Canadian Natural Resources

Canadian Natural Resources is one of the largest oil and natural gas producers in western Canada, supplemented by operations in the North Sea and Offshore Africa. The company's portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas. Production averaged 1.16 million barrels of oil equivalent per day in 2020, and the company estimates that it holds over 11.5 billion boe of proven and probable crude oil and natural gas reserves.