Canadian Natural Resources (CNQ) Projected to Post Earnings on Thursday

Market Beat
2025.05.01 08:24
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Canadian Natural Resources (NYSE:CNQ) is set to release its Q1 2025 earnings on May 1, with analysts predicting earnings of $0.73 per share and revenue of $10.14 billion. The stock opened at $29.61, with a market cap of $62.11 billion. The company recently increased its quarterly dividend to $0.4117. Analysts have upgraded their ratings, with an average target price of $63.00, indicating a "Moderate Buy" rating. Canadian Natural Resources engages in the exploration and production of crude oil and natural gas.

Canadian Natural Resources (NYSE:CNQ - Get Free Report) TSE: CNQ is anticipated to announce its Q1 2025 earnings results before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.73 per share and revenue of $10.14 billion for the quarter.

Canadian Natural Resources Stock Performance

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Shares of Canadian Natural Resources stock opened at $29.61 on Tuesday. The company has a market cap of $62.11 billion, a PE ratio of 11.50 and a beta of 1.10. Canadian Natural Resources has a 52 week low of $24.65 and a 52 week high of $39.20. The business has a 50 day moving average price of $28.90 and a 200-day moving average price of $31.19. The company has a quick ratio of 0.53, a current ratio of 0.84 and a debt-to-equity ratio of 0.21.

Canadian Natural Resources Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, March 21st were paid a $0.4117 dividend. The ex-dividend date was Friday, March 21st. This is an increase from Canadian Natural Resources's previous quarterly dividend of $0.39. This represents a $1.65 annualized dividend and a dividend yield of 5.56%. Canadian Natural Resources's dividend payout ratio is 77.88%.

Analysts Set New Price Targets

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Several equities analysts have recently issued reports on the company. Raymond James raised Canadian Natural Resources from a "market perform" rating to an "outperform" rating in a report on Wednesday, April 9th. Scotiabank raised Canadian Natural Resources from a "sector perform" rating to a "sector outperform" rating in a report on Wednesday, March 19th. Evercore ISI raised Canadian Natural Resources from an "in-line" rating to an "outperform" rating in a report on Friday, March 7th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $63.00 target price on shares of Canadian Natural Resources in a report on Thursday, March 27th. Finally, Tudor Pickering lowered Canadian Natural Resources from a "strong-buy" rating to a "hold" rating in a report on Monday, February 10th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $63.00.

Check Out Our Latest Report on Canadian Natural Resources

Canadian Natural Resources Company Profile

(Get Free Report)

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).

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