What is Zacks Research’s Estimate for CNQ Q2 Earnings?

Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) – Stock analysts at Zacks Research increased their Q2 2025 earnings per share estimates for shares of Canadian Natural Resources in a research report issued to clients and investors on Wednesday, March 26th. 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 prior estimate of $0.55. The consensus estimate for Canadian Natural Resources’ current full-year earnings is $2.45 per share. Zacks Research also issued estimates for Canadian Natural Resources’ Q4 2025 earnings at $0.50 EPS, FY2025 earnings at $2.37 EPS, Q1 2026 earnings at $0.67 EPS, Q2 2026 earnings at $0.54 EPS, Q3 2026 earnings at $0.58 EPS, Q4 2026 earnings at $0.74 EPS, FY2026 earnings at $2.53 EPS and FY2027 earnings at $3.03 EPS.

Other equities analysts have also recently issued research reports about the stock. Evercore ISI raised shares of Canadian Natural Resources from an “in-line” rating to an “outperform” rating in a research note on Friday, March 7th. Tudor Pickering lowered shares of Canadian Natural Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th. Scotiabank raised Canadian Natural Resources from a “sector perform” rating to a “sector outperform” rating in a report on Wednesday, March 19th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $63.00 price target on shares of Canadian Natural Resources in a research note on Thursday, March 27th. Finally, Raymond James reissued a “market perform” rating on shares of Canadian Natural Resources in a research note on Friday, March 7th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Canadian Natural Resources has an average rating of “Hold” and a consensus target price of $63.00.

Canadian Natural Resources Price Performance

Shares of CNQ opened at $31.32 on Monday. The firm has a market capitalization of $65.79 billion, a price-to-earnings ratio of 12.16 and a beta of 1.48. The stock’s fifty day moving average is $29.97 and its 200-day moving average is $32.12. Canadian Natural Resources has a one year low of $25.62 and a one year 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.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CNQ. Duncker Streett & Co. Inc. bought a new stake in shares of Canadian Natural Resources during the 4th quarter worth $25,000. Lee Danner & Bass Inc. purchased a new stake in shares of Canadian Natural Resources during the fourth quarter valued at $25,000. Continuum Advisory LLC boosted its position in shares of Canadian Natural Resources by 144.1% in the 3rd quarter. Continuum Advisory LLC now owns 830 shares of the oil and gas producer’s stock valued at $28,000 after purchasing an additional 490 shares during the period. Sandy Spring Bank purchased a new position in Canadian Natural Resources in the 4th quarter worth about $31,000. Finally, CoreFirst Bank & Trust acquired a new stake in Canadian Natural Resources during the 4th quarter worth about $31,000. Institutional investors and hedge funds own 74.03% of the company’s stock.

Canadian Natural Resources Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 21st will be issued a dividend of $0.4117 per share. This represents a $1.65 dividend on an annualized basis and a yield of 5.26%. This is a boost from Canadian Natural Resources’s previous quarterly dividend of $0.39. The ex-dividend date is Friday, March 21st. Canadian Natural Resources’s dividend payout ratio (DPR) is presently 77.88%.

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).