Canadian Natural Resources Limited (CNQ) to Distribute Quarterly Dividend of C$0.62 on January 5th

Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) announced a quarterly dividend on Wednesday, November 4th. Investors of record on Tuesday, December 15th will be given a dividend of C$0.62 per share by the oil and gas producer on Tuesday, January 5th. This represents a $2.50 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend is Tuesday, December 15th.

Canadian Natural Resources has increased its dividend by an average of 0.2% per year over the last three years and has raised its dividend annually for the last 24 consecutive years. Canadian Natural Resources has a dividend payout ratio of 74.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Canadian Natural Resources to earn $4.00 per share next year, which means the company should continue to be able to cover its $1.80 annual dividend with an expected future payout ratio of 45.0%.

Canadian Natural Resources Price Performance

Canadian Natural Resources stock opened at $48.93 on Friday. Canadian Natural Resources has a 1 year low of $30.13 and a 1 year high of $56.27. The firm has a 50 day moving average price of $50.85 and a 200 day moving average price of $46.20. The company has a market cap of $100.12 billion, a price-to-earnings ratio of 12.08 and a beta of 0.45. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.75 and a current ratio of 1.00.

Canadian Natural Resources (NYSE:CNQ) (TSE:CNQ) last issued its quarterly earnings results on Thursday, November 5th. The oil and gas producer reported $1.18 EPS for the quarter, topping the consensus estimate of $1.05 by $0.13. The firm had revenue of $8.74 billion during the quarter, compared to analyst estimates of $8.79 billion. Canadian Natural Resources had a net margin of 22.78% and a return on equity of 23.91%. Sell-side analysts predict that Canadian Natural Resources will post 4.10 earnings per share for the current year.

Trending Headlines about Canadian Natural Resources

Here are the key news stories impacting Canadian Natural Resources this week:

• Positive Sentiment: CNQ earned $1.18 per share, beating the $1.05 analyst consensus and rising from $0.62 a year earlier. The company also reported a third-quarter profit of C$3 billion, versus C$600 million a year ago. CNQ beats Q3 earnings and revenue estimates Q3 profit report
• Positive Sentiment: Production totaled approximately 1.652 million barrels of oil equivalent per day, including during a planned Horizon turnaround. A separate analysis said strong energy prices and production helped results, while CNQ reached its net-debt target ahead of schedule—supporting potential buybacks and dividends. Third-quarter results Strong results and shareholder yield analysis
• Positive Sentiment: The board declared a quarterly dividend of C$0.625 per share, payable January 5, 2027. The dividend supports CNQ’s income appeal; the reported annualized yield is about 5.1%. Quarterly dividend announcement
• Neutral Sentiment: Despite the positive earnings and dividend news, CNQ shares moved lower in the supplied trading snapshot. The articles do not establish a clear company-specific reason for that market reaction.

Canadian Natural Resources Company Profile

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.