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

Canadian Natural Resources (NYSE:CNQ) (TSE:CNQ) is projected to issue 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. Investors can check the company’s upcoming Q3 2026 earnings report 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 announced its quarterly earnings results on Thursday, August 6th. The oil and gas producer reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.15. The company had revenue of $14.74 billion during the quarter, compared to analysts’ expectations of $9.40 billion. Canadian Natural Resources had a return on equity of 23.91% and a net margin of 22.78%. 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 Stock Performance

CNQ opened at $53.69 on Tuesday. 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 company has a market cap of $110.32 billion, a PE ratio of 13.26 and a beta of 0.53. The stock has a 50-day moving average of $50.81 and a 200-day moving average of $45.96. Canadian Natural Resources has a 52-week low of $30.13 and a 52-week high of $56.27.

Canadian Natural Resources Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Friday, September 11th were issued a C$0.62 dividend. This represents a $2.50 annualized dividend and a yield of 4.7%. The ex-dividend date was Friday, September 11th. Canadian Natural Resources’s payout ratio is 44.44%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Scotiabank reaffirmed a “sector perform” rating on shares of Canadian Natural Resources in a research report on Monday, October 19th. Weiss Ratings raised shares of Canadian Natural Resources from a “buy (b)” rating to a “buy (b+)” rating in a research report on Thursday, October 8th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Canadian Natural Resources in a research note on Friday, October 9th. Zacks Research raised shares of Canadian Natural Resources from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. Finally, Raymond James Financial lowered shares of Canadian Natural Resources from an “outperform” rating to a “market perform” rating in a research note on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus 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.