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

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 Performance5 High Short Interest Stocks Getting Squeezed With Upside To GoShares 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 DividendThe 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 Targets4 BUY-rated high-yield stocks with at least 25% of upsideSeveral 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 ResourcesCanadian 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).Featured StoriesFive stocks we like better than Canadian Natural ResourcesHow to start investing in penny stocksBest Defense Stocks in 2025... So FarWhat is the NASDAQ Stock Exchange?Alphabet Rebounds After Strong Earnings and Buyback AnnouncementStock Splits, Do They Really Impact Investors?Could Selling Taiwan Semiconductor Be Buffett’s Biggest Regret?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Canadian Natural Resources Right Now?Before you consider Canadian Natural Resources, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canadian Natural Resources wasn't on the list.While Canadian Natural Resources currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here