Canadian Natural Resources Limited (CNQ) Stock Price & Analysis
Canadian Natural Resources Limited (CNQ) closed at USD 53.92 on Thursday, October 22, 2026, down 0.59% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 54.24; the Oct 22, 2026 session ranged USD 53.09–55.28 on volume of 6,430,533 shares. Market capitalization is $111.16B, with a 52-week range of USD 30.13–55.28 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:38 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CNQ.md
Key facts (CNQ)
- 3 of 80 tracked superinvestors hold CNQ (13F, Q2 2026): 1 new, 1 added, 1 reduced, 0 unchanged.
- Analysts: Hold (mean 2.61 on a 1–5 scale) (23 analysts), mean target USD 49.24 (range 44.27–58.79).
- Total return with dividends: 1Y +77.6% vs S&P 500 +14.9%; 5Y +221.9% vs S&P 500 +80.3%.
- Next earnings: 2026-11-05, EPS estimate USD 1.51, revenue estimate $12.1B.
Superinvestors (SEC 13F-HR, Q2 2026) (CNQ)
3 of 80 tracked investors hold CNQ. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Yacktman Asset Management | 8.04% | $650M | Reduced -0.5% | |
| Lee Ainslie | Maverick Capital | 0.02% | $1.9M | Added +1.7% |
| Sarah Ketterer | Causeway Capital Management | 0.01% | $728K | New position |
Analysts (CNQ)
Consensus Hold (mean 2.61 on a 1–5 scale), 23 analysts; mean target USD 49.24 (low 44.27, high 58.79).
Total return (dividends reinvested) (CNQ)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +77.6% | +221.9% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +78.0% | +26.3% |
| Volatility (annualized) | 30.9% | 33.7% |
| Max drawdown | -21.5% (Mar 2026→Jul 2026) | -29.7% (Apr 2024→Apr 2025) |
CNQ suppliers, customers and competitors (named in its 40-F)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | ENBRIDGE INC (ENB) | “Natural gas is distributed to customers in Canada via the TC Canadian Mainline and other pipelines such as the Enbridge Westcoast system.” |
Quoted from the company's 40-F filed Mar 26, 2026.
Companies that name CNQ in their SEC reports
| Relationship to CNQ | Company | Filing | Sentence |
|---|---|---|---|
| partner | Shell plc (SHEL) | 20-F Mar 12, 2026 | “In November 2025, we completed the previously announced agreement with Canadian Natural Resources Limited to swap our remaining 10% interest in the Albian mining and extraction operations in exchange for an additional 10% interest in the Scotford upgrader and Quest Carbon Capture and Storage (CCS) facility.” |
| partner | Cheniere Energy, Inc. (LNG) | 10-K Feb 26, 2026 | “•In May 2025, Cheniere Marketing entered into an IPM agreement with Canadian Natural Resources Limited to purchase 140,000 MMBtu per day of natural gas at a price based on the Japan Korea Marker, less fixed LNG shipping costs and a fixed liquefaction fee, for a term of approximately 15 years commencing in 2030.” |
CNQ analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.51 | $1.43 | +6.1% | $12.14B | 10 |
| Next quarter (ends Dec 2026) | $1.87 | $1.36 | +37.2% | $12.82B | 9 |
| Current fiscal year (ends Dec 2026) | $6.55 | $5.86 | +11.9% | $49.18B | 12 |
| Next fiscal year (ends Dec 2027) | $6.23 | $5.13 | +21.5% | $44.12B | 12 |
Key Statistics (as of October 23, 2026 at 10:38 UTC)
| Price | USD 53.92 |
|---|---|
| Change | ▼ 0.59% (down) |
| Previous Close | USD 54.24 |
| Open | USD 54.92 |
| Day Range | USD 53.09 – 55.28 |
| 52-Week Range | USD 30.13 – 55.28 |
| Volume | 6,430,533 shares |
| Market Cap | $111.16B |
| Exchange | NYQ |
Technical Analysis (CNQ)
Nexqual's technical model rates CNQ "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 23, 2026 at 10:38 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 68.37 (neutral) |
| vs SMA50 | Above (USD 50.04) |
| MACD | 1.41 (positive) |
Analyst Ratings (CNQ)
Wall Street analysts rate CNQ "Hold" based on 23 analysts, with a mean price target of USD 49.24 (range USD 44.27–58.79), per Nexqual as of October 23, 2026 at 10:38 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 23 |
| Mean Target | USD 49.24 |
| High Target | USD 58.79 |
| Low Target | USD 44.27 |
| Buy / Hold / Sell | 10 / 11 / 2 |
Earnings (CNQ)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD 1.51 |
| Revenue Estimate | $12.14B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 2.19 vs est 2.04 ▲ beat |
| 2026-03-31 | USD 1.17 vs est 1.06 ▲ beat |
| 2025-12-31 | USD 0.82 vs est 0.7 ▲ beat |
| 2025-09-30 | USD 0.86 vs est 0.81 ▲ beat |
Source: Nexqual, October 23, 2026 at 10:38 UTC.
Financials & Fundamentals (CNQ)
| Total Revenue | $44.68B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +69.50% |
| Gross Margin | +51.58% |
| Operating Margin | +43.09% |
| Profit Margin | +26.31% |
| ROE | +26.68% |
| Debt / Equity | 0.43 |
| Current Ratio | 1 |
| Total Cash | $2.62B |
| Total Debt | $20.18B |
Source: Nexqual, October 23, 2026 at 10:38 UTC.
Financial Health Score (CNQ)
Nexqual rates Canadian Natural Resources Limited's overall financial health "Solid" across five dimensions, as of October 23, 2026 at 10:38 UTC.
| Growth | Solid — Revenue +9% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 52%, operating 43% (last 12 months) |
| Balance Sheet | Solid — CAD 2.62B cash vs CAD 20.2B debt |
| Cash Flow | Solid — Operating cash flow CAD 17.8B (TTM) |
| Efficiency | Strong — ROE 27%, ROA 7.9% |
Ownership (CNQ)
| Insider Ownership | +2.17% |
|---|---|
| Institutional Ownership | +78.66% |
| Shares Outstanding | 2.06B |
| Float | 2.01B |
Source: Nexqual, October 23, 2026 at 10:38 UTC.
Leadership (CNQ)
Canadian Natural Resources Limited is led by Norman Murray Edwards O.C., Executive Chairman, per Nexqual as of October 23, 2026 at 10:38 UTC.
| Executive Chairman | Norman Murray Edwards O.C. |
|---|---|
| President & Director | Scott G. Stauth |
| CFO & Principal Accounting Officer | Victor Clinton Darel C.A. |
| Chief Operating Officer of Oil Sands Mining & Upgrading | Jay E. Froc |
Major Backers & Investors (CNQ)
Notable institutional backers of Canadian Natural Resources Limited include Capital Group, Royal Bank of Canada, AMERICAN BALANCED FUND, according to Nexqual as of October 23, 2026 at 10:38 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Capital Group | 16.26% |
| Royal Bank of Canada | 6.7% |
| AMERICAN BALANCED FUND | 4.08% |
| Bank of Montreal /CAN/ | 3.15% |
| FMR, LLC | 3.13% |
| Goldman Sachs | 2.47% |
| AMERICAN FUNDS FUNDAMENTAL INVESTORS | 2.35% |
| Income Fund of America | 1.96% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 2.86% |
Source: Nexqual, October 23, 2026 at 10:38 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| EOG | EOG Resources, Inc. | USD 157.96 | ▲ 0.05% |
| COP | ConocoPhillips | USD 145.63 | ▼ 0.03% |
| OXY | Occidental Petroleum Corporatio | USD 62.5 | ▼ 0.32% |
| FANG | Diamondback Energy, Inc. | USD 197.14 | ▼ 1.89% |
| DVN | Devon Energy Corporation | USD 49.18 | ▼ 1.38% |
| EQT | EQT Corporation | USD 54.67 | ▲ 1.11% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:38 UTC. This page is informational and not investment advice.
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