Weekly Investment Analysts’ Ratings Changes for Canadian Natural Resources (CNQ)

Canadian Natural Resources (NYSE: CNQ) has recently received a number of price target changes and ratings updates:

• 3/12/2026 – Canadian Natural Resources had its price target raised by The Goldman Sachs Group, Inc. from $37.00 to $49.00. They now have a “buy” rating on the stock.
• 3/6/2026 – Canadian Natural Resources was downgraded by Zacks Research from “hold” to “strong sell”.
• 3/6/2026 – Canadian Natural Resources had its price target raised by Royal Bank Of Canada from $61.00 to $65.00. They now have an “outperform” rating on the stock.
• 3/5/2026 – Canadian Natural Resources was downgraded by ATB Cormark Capital Markets from “strong-buy” to “moderate buy”.
• 1/31/2026 – Canadian Natural Resources was upgraded by Wall Street Zen from “sell” to “hold”.

Canadian Natural Resources Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Friday, March 20th will be given a $0.625 dividend. The ex-dividend date of this dividend is Friday, March 20th. This is a positive change from Canadian Natural Resources’s previous quarterly dividend of $0.59. This represents a $2.50 annualized dividend and a yield of 5.1%. Canadian Natural Resources’s payout ratio is 49.59%.

Canadian Natural Resources Limited (NYSE: CNQ) is a Calgary-based independent oil and natural gas exploration and production company. Established in the early 1970s and publicly listed in Canada and the United States, the company is principally engaged in the exploration, development, production, and marketing of crude oil, natural gas and natural gas liquids. Its asset base spans conventional and unconventional reservoirs and includes oil sands mining and in-situ thermal projects, midstream processing and upgrading capacity, and related field operations.

The company’s operations are concentrated in Western Canada, where it develops heavy crude, bitumen from oil sands and conventional light crude and natural gas resources.