Zacks Research Has Negative Estimate for CNQ Q1 Earnings

Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) – Investment analysts at Zacks Research dropped their Q1 2025 earnings estimates for Canadian Natural Resources in a research note issued to investors on Wednesday, November 20th. Zacks Research analyst T. Saha now expects that the oil and gas producer will post earnings of $0.55 per share for the quarter, down from their prior forecast 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.

Several other equities analysts have also commented on CNQ. Desjardins raised shares of Canadian Natural Resources from a “hold” rating to a “moderate buy” rating in a report on Tuesday, October 8th. StockNews.com cut Canadian Natural Resources from a “buy” rating to a “hold” rating in a research note on Friday, August 23rd. Five research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Canadian Natural Resources has an average rating of “Hold” and a consensus target price of $51.00.

Canadian Natural Resources Stock Up 2.2 %

Shares of NYSE CNQ opened at $34.54 on Friday. The stock has a market capitalization of $72.88 billion, a P/E ratio of 13.41 and a beta of 1.50. The stock’s fifty day moving average is $34.53 and its 200 day moving average is $35.39. Canadian Natural Resources has a 52 week low of $29.45 and a 52 week high of $41.29. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.53 and a current ratio of 0.84.

Canadian Natural Resources (NYSE:CNQ) (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, topping 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 firm had revenue of $7.62 billion for the quarter, compared to analysts’ expectations of $6.40 billion. During the same quarter last year, the business earned $0.96 EPS.

Canadian Natural Resources Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Friday, December 13th will be paid a $0.388 dividend. This is an increase from Canadian Natural Resources’s previous quarterly dividend of $0.38. The ex-dividend date is Friday, December 13th. This represents a $1.55 annualized dividend and a yield of 4.49%. Canadian Natural Resources’s dividend payout ratio is presently 60.58%.

Institutional Trading of Canadian Natural Resources

A number of hedge funds have recently added to or reduced their stakes in the stock. RFP Financial Group LLC boosted its holdings in shares of Canadian Natural Resources by 98.3% during the 2nd quarter. RFP Financial Group LLC now owns 710 shares of the oil and gas producer’s stock valued at $25,000 after acquiring an additional 352 shares in the last quarter. Park Place Capital Corp raised its position in Canadian Natural Resources by 100.0% in the second quarter. Park Place Capital Corp now owns 716 shares of the oil and gas producer’s stock valued at $25,000 after purchasing an additional 358 shares during the last quarter. Sugarloaf Wealth Management LLC grew its holdings in shares of Canadian Natural Resources by 100.0% during the second quarter. Sugarloaf Wealth Management LLC now owns 728 shares of the oil and gas producer’s stock worth $26,000 after purchasing an additional 364 shares during the last quarter. First Horizon Advisors Inc. increased its stake in shares of Canadian Natural Resources by 71.2% in the second quarter. First Horizon Advisors Inc. now owns 904 shares of the oil and gas producer’s stock valued at $32,000 after buying an additional 376 shares during the period. Finally, Moloney Securities Asset Management LLC raised its holdings in Canadian Natural Resources by 5.4% in the 3rd 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 during the last quarter. Institutional investors and hedge funds own 74.03% of the company’s stock.

Canadian Natural Resources Company Profile

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).