Zacks Research Issues Optimistic Estimate for CNQ Earnings

Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) – Equities researchers at Zacks Research upped their Q1 2025 earnings per share estimates for Canadian Natural Resources in a report released on Tuesday, January 14th. Zacks Research analyst T. Saha now forecasts 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 $2.42 per share. Zacks Research also issued estimates for Canadian Natural Resources’ Q2 2025 earnings at $0.56 EPS, Q4 2025 earnings at $0.42 EPS, FY2025 earnings at $2.09 EPS, Q1 2026 earnings at $0.61 EPS, Q4 2026 earnings at $0.63 EPS and FY2026 earnings at $2.25 EPS.

Separately, Desjardins raised shares of Canadian Natural Resources from a “hold” rating to a “moderate buy” rating in a report on Tuesday, October 8th. Four analysts have rated the stock with a hold rating, According to data from MarketBeat, Canadian Natural Resources has a consensus rating of “Hold”.

Canadian Natural Resources Stock Performance

Shares of NYSE CNQ opened at $31.11 on Friday. The stock has a fifty day moving average price of $32.24 and a two-hundred day moving average price of $34.05. Canadian Natural Resources has a 1 year low of $29.23 and a 1 year high of $41.29. The firm has a market cap of $65.44 billion, a P/E ratio of 12.08 and a beta of 1.46. 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. The business had revenue of $7.62 billion during the quarter, compared to the consensus estimate of $6.40 billion. Canadian Natural Resources had a net margin of 18.45% and a return on equity of 20.07%. During the same quarter in the prior year, the company posted $0.96 earnings per share.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC boosted its position in Canadian Natural Resources by 6.3% during the 4th quarter. SG Americas Securities LLC now owns 296,424 shares of the oil and gas producer’s stock worth $9,151,000 after acquiring an additional 17,694 shares during the period. Stokes Capital Advisors LLC boosted its holdings in Canadian Natural Resources by 2.0% in the fourth quarter. Stokes Capital Advisors LLC now owns 174,684 shares of the oil and gas producer’s stock worth $5,392,000 after purchasing an additional 3,383 shares in the last quarter. Clarius Group LLC increased its holdings in shares of Canadian Natural Resources by 9.9% during the 4th quarter. Clarius Group LLC now owns 7,788 shares of the oil and gas producer’s stock valued at $240,000 after acquiring an additional 702 shares during the last quarter. Galibier Capital Management Ltd. grew its holdings in Canadian Natural Resources by 2.2% during the fourth quarter. Galibier Capital Management Ltd. now owns 795,332 shares of the oil and gas producer’s stock valued at $24,542,000 after purchasing an additional 17,370 shares during the last quarter. Finally, Verity & Verity LLC grew its stake in Canadian Natural Resources by 12.0% in the 4th quarter. Verity & Verity LLC now owns 297,487 shares of the oil and gas producer’s stock valued at $9,183,000 after buying an additional 31,935 shares during the last quarter. 74.03% of the stock is owned by hedge funds and other institutional investors.

About Canadian Natural Resources

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).