Canadian Natural Resources (CNQ) Set to Release Quarterly Earnings on Thursday

Canadian Natural Resources (NYSE:CNQ) (TSE:CNQ) will likely be issuing its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to announce earnings of $1.05 per share and revenue of $8.79 billion for the quarter. Parties may visit the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 11:00 AM ET.

Canadian Natural Resources (NYSE:CNQ) (TSE:CNQ) last issued its quarterly earnings data on Thursday, August 6th. The oil and gas producer reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.15. The business had revenue of $14.74 billion during the quarter, compared to the consensus estimate of $9.40 billion. Canadian Natural Resources had a net margin of 22.78% and a return on equity of 23.91%. On average, analysts expect Canadian Natural Resources to post $4.10 EPS for the current fiscal year and $4.00 EPS for the next fiscal year.

Canadian Natural Resources Trading Up 1.4%

NYSE:CNQ opened at $54.80 on Thursday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.75 and a current ratio of 1.00. The firm has a market cap of $112.62 billion, a price-to-earnings ratio of 13.53 and a beta of 0.53. Canadian Natural Resources has a 52 week low of $30.13 and a 52 week high of $55.49. The firm has a 50-day moving average price of $50.55 and a two-hundred day moving average price of $45.62.

Canadian Natural Resources Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 11th were paid a C$0.62 dividend. This represents a $2.50 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Friday, September 11th. Canadian Natural Resources’s payout ratio is presently 44.44%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on CNQ. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Canadian Natural Resources in a report on Friday, October 9th. Wall Street Zen upgraded Canadian Natural Resources from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Zacks Research raised Canadian Natural Resources from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. Raymond James Financial downgraded Canadian Natural Resources from an “outperform” rating to a “market perform” rating in a research note on Wednesday, October 14th. Finally, Weiss Ratings upgraded Canadian Natural Resources from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, October 8th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $57.00.

About Canadian Natural Resources

Canadian Natural Resources Limited is an independent energy company engaged in the exploration, development, production, marketing and sale of crude oil, natural gas and natural gas liquids. Its portfolio includes conventional and unconventional petroleum assets, heavy crude oil operations, and oil sands projects that produce bitumen and synthetic crude oil.

The company’s principal operations are located in Western Canada, including oil sands and conventional assets in Alberta and natural gas properties in Alberta and British Columbia.