Canadian Natural Resources Limited
CNQ
NYSE·Energy·Oil & Gas Exploration & Production·Mkt cap $105.2B
$50.46
▼ -1.33%
P/E
10.00
Mkt Cap
$105.2B
52-Wk Range
$29.68–$52.25
52-Week Range
$29.68 - $52.25
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 66.2% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Massive proved reserves base of 10.5+ billion barrels providing decades of production
- Geographic diversification across Western Canada, North Sea, and Offshore Africa reducing regional risk
- Integrated midstream infrastructure including crude oil pipelines enhancing margins
- Low-cost, high-margin production capabilities in core Canadian operations
Bear Case
2 risks
- Average volatility.
- Premium valuation to Oil & Gas E&P peers
Growth
Revenue decline expected
Rising global energy demand and crude oil prices supporting production economics
Value
Premium valuation to Oil & Gas E&P peers
Momentum
Strong
+10.4% over 3m
Quality
Stable
Excellent business quality
Dividend
Solid
3.48% yield
Smart-money signal
Who's buying CNQ right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Latest print - beat on both lines
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Oct 29, 2026
AUG 6, 2026
Reported EPS of $1.53 vs $1.43 consensus (+7.0% surprise). Revenue of $12.1B vs $9.4B expected (+28.8%). Beat on both top and bottom lines.
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q3 26
+7.0%
Revenue trend · last 8Q
—
—
+35%
-9%
-9%
-13%
+16%
+78%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$7.6B
$8.1B
$9.3B
$9.7B
$9.5B
$10.7B
$10.8B
$12.5B
Margins · last 8Q
Gross
—
Operating
—
Profit
26.2%
Wall Street consensus
4 analysts · 75% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
75%
Hold
25%
Sell
0%
Median Price Target
—
Latest: CIBC · Aug 27, 2026
vs Industry
How CNQ stacks vs Oil & Gas Exploration & Production
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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