Canadian Natural Resources (CNQ)
NYSE:CNQ
CNQ Stock Chart & Stats
$43.00
-$0.07(-0.21%)
At close: 4:00 PM EST
$43.00
-$0.07(-0.21%)
Day’s Range― - ―
52-Week Range$29.30 - $51.34
Previous Close$32.5
Volume3.77M
Average Volume (3M)7.58M
Market Cap
$95.20B
Enterprise Value$150.00B
Total Cash (Recent Filing)$808.00M
Total Debt (Recent Filing)$20.02B
Price to Earnings (P/E)13.7
Beta0.02
Next Earnings
Jul 30, 2026EPS Estimate
1.4Next Dividend Ex-DateN/A
Dividend Yield5.16%
Share Statistics
EPS (TTM)4.66
Shares Outstanding2,085,972,000
10 Day Avg. Volume6,954,101
30 Day Avg. Volume7,584,746
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)2.19
Price to Sales (P/S)2.51
P/FCF Ratio11.53
Enterprise Value/Market Cap1.58
Enterprise Value/Revenue3.79
Enterprise Value/Gross Profit12.08
Enterprise Value/Ebitda8.44
Forecast
1Y Price Target
$51.16Price Target Upside18.99% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
EPS Forecast (FY)4.35
Revenue Forecast (FY)$32.65B
Bulls Say, Bears Say
Bulls Say
High Profitability & ROEA sustained TTM net margin around 26% and ROE near 26% indicate efficient capital deployment and strong intrinsic earnings power. Over months this supports reinvestment, dividend capacity and resilience through parts of the commodity cycle, underpinning long-term shareholder returns.
Positive Free Cash Flow GenerationConsistent operating cash flow and positive free cash flow enable the company to fund sustaining and growth capex, pay dividends and reduce reliance on external financing. This cash-generation ability bolsters strategic optionality and durability across 2–6 month planning horizons.
Manageable Leverage And Stronger Equity BaseDebt around 0.44x equity with a growing equity base provides balance-sheet flexibility for a cyclical E&P. This moderate leverage supports capital spending and distributions while leaving room to absorb commodity-driven downturns without forcing distressed asset sales or aggressive external financing.
Bears Say
Recent Revenue DeclineA multiquarter revenue decline (~4.6% TTM) suggests pressure on top-line scale that can compress operating leverage and limit reinvestment. Sustained or worsening revenue trends could erode margins and reduce ability to fund growth or maintain distributions without higher capital discipline.
Weaker FCF Conversion And Recent FCF DeclineA ~21.6% drop in FCF and only ~55% FCF-to-net-income conversion imply earnings are not fully translating into cash. Overcoming this requires either higher realized prices, lower capex, or more leverage; otherwise the firm’s capacity to self-fund investments and payouts is structurally weakened.
Exposure To Commodity, Midstream And Regulatory RisksDependence on volatile commodity prices, FX and third-party midstream access creates persistent execution and earnings volatility. Structural risks like basis differentials, pipeline constraints or royalty/regulatory shifts can materially alter long-term cash flows and require proactive capital and commercial management.
Canadian Natural News
CNQ FAQ
What was Canadian Natural Resources’s price range in the past 12 months?
Canadian Natural Resources lowest stock price was $29.30 and its highest was $51.34 in the past 12 months.
What is Canadian Natural Resources’s market cap?
Canadian Natural Resources’s market cap is $95.20B.
When is Canadian Natural Resources’s upcoming earnings report date?
Canadian Natural Resources’s upcoming earnings report date is Jul 30, 2026 which is in 49 days.
How were Canadian Natural Resources’s earnings last quarter?
Canadian Natural Resources released its earnings results on May 07, 2026. The company reported $0.848 earnings per share for the quarter, beating the consensus estimate of $0.764 by $0.084.
Is Canadian Natural Resources overvalued?
According to Wall Street analysts Canadian Natural Resources’s price is currently Undervalued.
Does Canadian Natural Resources pay dividends?
Canadian Natural Resources pays a Quarterly dividend of $0.448 which represents an annual dividend yield of 5.16%. See more information on Canadian Natural Resources dividends here
What is Canadian Natural Resources’s EPS estimate?
Canadian Natural Resources’s EPS estimate is 1.4.
How many shares outstanding does Canadian Natural Resources have?
Canadian Natural Resources has 2,085,972,000 shares outstanding.
What happened to Canadian Natural Resources’s price movement after its last earnings report?
Canadian Natural Resources reported an EPS of $0.848 in its last earnings report, beating expectations of $0.764. Following the earnings report the stock price went down -1.95%.
Which hedge fund is a major shareholder of Canadian Natural Resources?
Currently, no hedge funds are holding shares in CNQ
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Canadian Natural Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$51.16 (18.99% Upside)
$51.16 (18.99% Upside)
Blogger Sentiment
Bullish
CNQ Sentiment 70%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 5.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $25.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 4.4%
Last 30 Days ▲ 4.4%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
48.50%
12-Months-Change
Fundamentals
Return on Equity
22.74%
Trailing 12-Months
Asset Growth
14.36%
Trailing 12-Months
Company Description
Canadian Natural Resources
Canadian Natural Resources Limited (CNRL) is an integrated energy company involved in the entire lifecycle of hydrocarbon resources, from acquisition and exploration to development, production, marketing, and sales. The firm's product portfolio includes various grades of crude oil, such as synthetic crude oil (SCO), light, medium, and heavy crude oils (including bitumen or thermal oil, and Pelican Lake heavy crude), along with natural gas and natural gas liquids (NGLs). CNRL also manages midstream and refining infrastructure, comprising two crude oil pipeline systems and a 50% interest in an 84-megawatt cogeneration facility situated in Primrose. As of December 31, 2020, the company held significant reserves: 10,528 million barrels (MMbbl) of proved crude oil, bitumen, and NGLs (13,271 MMbbl total proved plus probable). 6,998 MMbbl of proved SCO (7,535 MMbbl total proved plus probable). 12,168 billion cubic feet (Bcf) of proved natural gas (20,249 Bcf total proved plus probable). Operations are concentrated across Western Canada, the United Kingdom sector of the North Sea, and offshore Africa. Founded in 1973 and headquartered in Calgary, Canada, the company adopted its current name, Canadian Natural Resources Limited, in December 1975, having previously operated as AEX Minerals Corporation.
CNQ Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: multiple production and liquids records, significant reserve additions with low FD&A costs, robust adjusted earnings and funds flow, disciplined capital guidance (reduced 2026 capex) and an enhanced shareholder return policy. Key negatives were the deferral of the large Jackpine expansion due to regulatory uncertainty, a large non-cash accounting gain inflating reported net earnings for the quarter, and ongoing macro and gas market volatility. On balance, the positive operational and financial achievements, plus clearer pathways for accelerated shareholder returns, outweigh the highlighted risks and one-off accounting effects.View all CNQ earnings summariesCNQ Stock 12 Month Forecast
Average Price Target
$51.16
▲(18.99% Upside)
Technical Analysis
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Ownership Overview
2.19% Insiders
26.40% Mutual Funds
36.33% Other Institutional Investors
23.37% Public Companies and Individual Investors