NYSE • USD
Canadian Natural Resources Limited (CNQ)
At close: April 19 at 4:00 PM EDT
After hours: 8:00 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 7 | 5 | 10 | 8 |
| Avg. Estimate | 1.16 | 1.2 | 5.52 | 6.82 |
| Low Estimate | 0.98 | 1.02 | 4.83 | 5.25 |
| High Estimate | 1.43 | 1.37 | 6.2 | 8.13 |
| Year Ago EPS | 1.28 | 0.84 | 5.62 | 5.52 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 4 | 4 | 6 | 5 |
| Avg. Estimate | 5.73B | 5.64B | 25.2B | 28.1B |
| Low Estimate | 4.92B | 4.76B | 21.26B | 21.7B |
| High Estimate | 6.15B | 6.19B | 29.48B | 32.23B |
| Year Ago Sales | 6.51B | 5.37B | 26.11B | 25.2B |
| Sales Growth (year/est) | -11.90% | 4.90% | -3.50% | 11.50% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | 1.27 | 0.78 | 1.75 | 1.57 |
| EPS Actual | 1.28 | 0.84 | 1.92 | 1.7 |
| Difference | 0.01 | 0.06 | 0.17 | 0.13 |
| Surprise % | 0.80% | 7.70% | 9.70% | 8.30% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 1.16 | 1.2 | 5.52 | 6.82 |
| 7 Days Ago | 1.19 | 1.2 | 5.47 | 6.7 |
| 30 Days Ago | 1.34 | 1.29 | 5.69 | 7.01 |
| 60 Days Ago | 1.33 | 1.15 | 5.52 | 6.98 |
| 90 Days Ago | 1.45 | 1.18 | 5.96 | 7.46 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | 1 | 1 |
| Up Last 30 Days | -- | -- | 2 | 2 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | -- | -- | -- |
Growth Estimates
| CURRENCY IN USD | CNQ | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | -9.40% | -- | -- | 1.60% |
| Next Qtr. | 42.90% | -- | -- | 10.50% |
| Current Year | -1.80% | -- | -- | 5.20% |
| Next Year | 23.60% | -- | -- | 13.30% |
| Next 5 Years (per annum) | -0.74% | -- | -- | 11.22% |
| Past 5 Years (per annum) | 35.60% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Maintains | JP Morgan: Neutral to Neutral | 1/11/2024 |
| Maintains | CIBC: Outperformer to Outperformer | 8/29/2023 |
| Maintains | Jefferies: Hold to Hold | 8/28/2023 |
| Maintains | Wells Fargo: Equal-Weight to Equal-Weight | 8/4/2023 |
| Maintains | National Bank Financial Inc: Outperform | 6/29/2023 |
| Upgrade | Goldman Sachs: Neutral to Buy | 11/21/2022 |
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