Canadian Natural Resources (CNQ) Expected to Announce Earnings on Thursday

Canadian Natural Resources (NYSE:CNQ) (TSE:CNQ) is expected to be posting its Q1 2026 results before the market opens on Thursday, May 7th. Analysts expect Canadian Natural Resources to post earnings of $0.74 per share and revenue of $7.5736 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, May 7, 2026 at 9:00 AM ET.

Canadian Natural Resources (NYSE:CNQ) (TSE:CNQ) last released its quarterly earnings results on Thursday, March 5th. The oil and gas producer reported $0.59 EPS for the quarter, beating the consensus estimate of $0.53 by $0.06. Canadian Natural Resources had a net margin of 24.48% and a return on equity of 17.84%. The business had revenue of $6.89 billion for the quarter, compared to the consensus estimate of $6.64 billion. During the same period in the prior year, the company posted $0.93 earnings per share. On average, analysts expect Canadian Natural Resources to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Canadian Natural Resources Stock Performance

Shares of CNQ stock traded up $0.30 on Tuesday, hitting $47.88. The company’s stock had a trading volume of 9,064,009 shares, compared to its average volume of 11,306,001. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.63 and a current ratio of 0.95. The stock’s 50 day moving average is $46.41 and its 200-day moving average is $38.40. Canadian Natural Resources has a fifty-two week low of $28.15 and a fifty-two week high of $51.34. The company has a market capitalization of $99.87 billion, a PE ratio of 12.97 and a beta of 0.47.

Canadian Natural Resources Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 7th. Investors of record on Friday, March 20th were paid a $0.625 dividend. This represents a $2.50 annualized dividend and a dividend yield of 5.2%. This is a boost from Canadian Natural Resources’s previous quarterly dividend of $0.59. The ex-dividend date was Friday, March 20th. Canadian Natural Resources’s dividend payout ratio is currently 49.59%.

Analyst Upgrades and Downgrades

Several research firms recently commented on CNQ. Wall Street Zen upgraded shares of Canadian Natural Resources from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Evercore downgraded shares of Canadian Natural Resources from an “outperform” rating to an “in-line” rating in a research note on Tuesday, January 6th. Weiss Ratings raised shares of Canadian Natural Resources from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, March 27th. ATB Cormark Capital Markets cut shares of Canadian Natural Resources from a “strong-buy” rating to a “moderate buy” rating in a research report on Thursday, March 5th. Finally, Raymond James Financial cut shares of Canadian Natural Resources from a “moderate buy” rating to a “hold” rating in a research report on Monday, March 30th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $57.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. AQR Capital Management LLC raised its holdings in Canadian Natural Resources by 85.5% in the 1st quarter. AQR Capital Management LLC now owns 18,090 shares of the oil and gas producer’s stock valued at $557,000 after buying an additional 8,336 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in Canadian Natural Resources by 92.7% in the 1st quarter. Jones Financial Companies Lllp now owns 29,096 shares of the oil and gas producer’s stock valued at $896,000 after buying an additional 13,996 shares during the last quarter. Empowered Funds LLC raised its holdings in Canadian Natural Resources by 4.3% in the 1st quarter. Empowered Funds LLC now owns 79,374 shares of the oil and gas producer’s stock valued at $2,445,000 after buying an additional 3,266 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in Canadian Natural Resources by 47.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,644 shares of the oil and gas producer’s stock valued at $51,000 after buying an additional 528 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in Canadian Natural Resources by 65.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,513 shares of the oil and gas producer’s stock valued at $142,000 after buying an additional 1,786 shares during the last quarter. Institutional investors own 74.03% of the company’s stock.

Canadian Natural Resources Company Profile

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.