Zacks Research Issues Positive Forecast for TSE:CNQ Earnings

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) – Equities research analysts at Zacks Research boosted their FY2025 earnings per share estimates for shares of Canadian Natural Resources in a report released on Monday, December 22nd. Zacks Research analyst Team now anticipates that the company will post earnings per share of $3.50 for the year, up from their prior estimate of $3.49. 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 $0.77 EPS, Q1 2026 earnings at $0.69 EPS, Q2 2026 earnings at $0.61 EPS, Q4 2026 earnings at $0.72 EPS, FY2026 earnings at $2.82 EPS, Q1 2027 earnings at $0.93 EPS, Q2 2027 earnings at $0.65 EPS and FY2027 earnings at $3.48 EPS.

Other equities research analysts have also recently issued research reports about the stock. Scotiabank boosted their price target on shares of Canadian Natural Resources from C$54.00 to C$58.00 and gave the stock an “outperform” rating in a research report on Thursday, October 9th. TD Securities lifted their price objective on shares of Canadian Natural Resources from C$53.00 to C$54.00 in a research note on Monday, November 10th. Desjardins set a C$52.00 target price on shares of Canadian Natural Resources and gave the company a “hold” rating in a research report on Wednesday, December 17th. National Bankshares increased their price target on shares of Canadian Natural Resources from C$45.00 to C$48.00 and gave the company a “sector perform” rating in a report on Friday, November 7th. Finally, Wells Fargo & Company set a C$47.00 price objective on Canadian Natural Resources and gave the stock an “equal weight” rating in a research note on Friday, October 17th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Canadian Natural Resources has a consensus rating of “Moderate Buy” and a consensus price target of C$54.33.

Canadian Natural Resources Stock Up 0.2%

CNQ opened at C$45.07 on Tuesday. The company has a market capitalization of C$93.89 billion, a PE ratio of 14.22, a price-to-earnings-growth ratio of 0.53 and a beta of 0.73. The firm has a 50-day simple moving average of C$45.34 and a two-hundred day simple moving average of C$44.18. The company has a quick ratio of 0.54, a current ratio of 0.84 and a debt-to-equity ratio of 25.79. Canadian Natural Resources has a 52 week low of C$34.92 and a 52 week high of C$49.20.

Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) last released its earnings results on Thursday, November 6th. The company reported C$0.86 earnings per share for the quarter. Canadian Natural Resources had a net margin of 21.25% and a return on equity of 19.14%. The company had revenue of C$9.52 billion for the quarter.

Insider Activity

In related news, insider Ronald Keith Laing sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of C$45.17, for a total transaction of C$903,400.00. Following the completion of the transaction, the insider owned 2,049 shares in the company, valued at C$92,553.33. The trade was a 90.71% decrease in their position. Also, insider Brenda Gayle Balog sold 4,500 shares of the stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of C$45.55, for a total value of C$204,975.00. Following the sale, the insider owned 47,965 shares of the company’s stock, valued at approximately C$2,184,805.75. This represents a 8.58% decrease in their position. In the last quarter, insiders sold 31,500 shares of company stock worth $1,415,815. 4.26% of the stock is currently owned by corporate insiders.

Canadian Natural Resources News Summary

Here are the key news stories impacting Canadian Natural Resources this week:

• Positive Sentiment: Zacks raised its Q3 2027 EPS estimate to $0.98 from $0.96. MarketBeat Research Note
• Positive Sentiment: Zacks nudged its Q2 2027 EPS view to $0.65 from $0.64. MarketBeat Research Note
• Positive Sentiment: Zacks lifted Q1 2027 EPS to $0.93 from $0.92. MarketBeat Research Note
• Positive Sentiment: Zacks raised Q4 2026 EPS to $0.72 from $0.69. MarketBeat Research Note
• Positive Sentiment: Zacks increased Q1 2026 EPS to $0.69 from $0.67 and Q2 2026 to $0.61 from $0.60. MarketBeat Research Note
• Positive Sentiment: Zacks lifted Q4 2025 to $0.77 (from $0.76) and FY2025 to $3.50 (from $3.49). MarketBeat Research Note
• Positive Sentiment: Zacks raised FY2026 EPS to $2.82 from $2.76. MarketBeat Research Note
• Positive Sentiment: Zacks lifted FY2027 EPS to $3.48 from $3.43. Note Zacks’ estimates remain below the broader consensus cited at ~$3.83 for the current full year. MarketBeat Research Note

Canadian Natural Resources Company Profile

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.