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Canadian Natural Resources Ltd (CNQ)

US · Energy · Oil & Gas E&P

$50.62+1.10%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$17.21B
Revenue YoY
+77.9%
Net profit
$4.50B
Profit YoY
+83.1%
EPS
$1.58
EPS estimate
$1.43
Net margin
26.2%

EPS came in at 1.58 against a street estimate of 1.43 — a beat of 10.5%.

Key statistics

Market cap
$103.22B
P/E
12.3
Forward P/E
14.5
P/B
3.08
Book value
$16.42
EPS (TTM)
$4.08
Dividend yield
4.82%
52-week high
$51.84
52-week low
$28.48
50-day MA
$46.65
200-day MA
$42.78
Beta
0.88

Analyst view

Analysts rate Canadian Natural Resources Ltd a buy (11 buy, 9 hold, 2 sell out of 22) with an average price target of $49.14.

From the latest earnings call · 2026-08-06

CONFIDENT CNQ posted record Q2 earnings ($4.6B adjusted net income) and production (1.677M BOE/d), driven by Oil Sands Mining strength and Peace River acquisitions. Returned $4B to shareholders; raised FY26 guidance. Growth projects on hold pending trilateral MOU finalization. Q2 2026 Oil Sands delivered production, cost, and netback records. E&P benefited from acquisitions and drilling success. Peace River consolidation underway with cost synergies materializing. Analysts pressed operations resilience (weather, upgrader capacity), M&A synergies (Peace River), and regulatory/growth path (trilateral MOU). Management emphasized execution discipline, synergy capture, and conditionality of growth on regulatory clarity without sacrificing shareholder returns. 2026-08-06…

Full summary in the app.

Shareholding

Insiders
2.16%
Institutions
78.21%

Largest institutional holders

FundStake
Capital World Investors10.57%
Royal Bank of Canada6.05%
Capital Research Global Investors5.63%
FMR Inc4.13%
Bank of Montreal3.10%
BMO Capital Markets Corp.3.10%
Vanguard Capital Management, LLC2.82%
CIBC World Markets Inc.2.18%

Corporate actions

ActionDetailDate
Dividend$0.45 / share
ex-date Sep 11, 2026 · pay Oct 2, 2026
2026-09-11
Dividend$0.44 / share
ex-date Jun 23, 2026 · pay Jul 7, 2026
2026-06-23
Dividend$0.46 / share
ex-date Mar 20, 2026 · pay Apr 7, 2026
2026-03-20
Dividend$0.42 / share
ex-date Dec 12, 2025 · pay Jan 6, 2026
2025-12-12
Dividend$0.43 / share
ex-date Sep 19, 2025 · pay Oct 3, 2025
2025-09-19
Split2 : 1
effective Jun 11, 2024
2024-06-11

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Data updated 2026-09-18.