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

Canadian Natural Resources (NYSE:CNQ) (TSE:CNQ) will likely be posting its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Canadian Natural Resources to announce earnings of $1.05 per share and revenue of $8.79 billion for the quarter. Individuals may visit the company’s upcoming Q3 2026 earnings summary 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 posted its quarterly earnings data on Thursday, August 6th. The oil and gas producer reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.15. The business had revenue of $14.74 billion during the quarter, compared to analyst estimates 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 Price Performance

Shares of Canadian Natural Resources stock opened at $53.54 on Wednesday. The stock has a market cap of $110.03 billion, a price-to-earnings ratio of 13.22 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. The stock has a 50 day moving average price of $50.86 and a 200-day moving average price of $46.05. Canadian Natural Resources has a one year low of $30.13 and a one year high of $56.27.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Weiss Ratings upgraded Canadian Natural Resources from a “buy (b)” rating to a “buy (b+)” rating in a research report on Thursday, October 8th. Zacks Research upgraded shares of Canadian Natural Resources from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Canadian Natural Resources in a research note on Friday, October 9th. Raymond James Financial downgraded shares of Canadian Natural Resources from an “outperform” rating to a “market perform” rating in a research note on Wednesday, October 14th. Finally, TD Securities restated a “buy” rating on shares of Canadian Natural Resources in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Canadian Natural Resources presently has a consensus rating of “Moderate Buy” and an average 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.