Canadian Natural Earnings Estimate

CNQ Stock

USD 29.83 0.42 1.43%

The next projected EPS of Canadian Natural is estimated to be 1.0507 with future projections ranging from a low of 0.97 to a high of 1.1532. Canadian Natural's most recent 12-month trailing earnings per share (EPS TTM) is at 1.99. Please be aware that the consensus of earnings estimates for Canadian Natural Resources is based on EPS before non-recurring items and includes expenses related to employee stock options.

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Canadian Natural is projected to generate 1.0507 in earnings per share on the 31st of March 2025. Canadian Natural earnings estimates show analyst consensus about projected Canadian Natural Resources EPS (Earning Per Share). It derives the highest and the lowest estimates based on Canadian Natural's historical volatility. Many public companies, such as Canadian Natural, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Canadian Natural's earnings estimates, investors can diagnose different trends across Canadian Natural's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Canadian Natural's Gross Profit is relatively stable compared to the past year. As of 03/17/2025, Gross Profit Margin is likely to grow to 0.52, while Pretax Profit Margin is likely to drop 0.25.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Natural Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Canadian Natural Earnings Estimation Breakdown

The calculation of Canadian Natural's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Canadian Natural is estimated to be 1.0507 with the future projection ranging from a low of 0.97 to a high of 1.1532. Please be aware that this consensus of annual earnings estimates for Canadian Natural Resources is based on EPS before non-recurring items and includes expenses related to employee stock options.

Last Reported EPS

0.93

0.97

Lowest

Expected EPS

1.0507

1.15

Highest

Canadian Natural Earnings Projection Consensus

Suppose the current estimates of Canadian Natural's value are higher than the current market price of the Canadian Natural stock. In this case, investors may conclude that Canadian Natural is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Canadian Natural's stock will quickly adjusts to the new information provided by the consensus estimate.

Number of Analysts	Historical Accuracy	Last Reported EPS		Estimated EPS for 31st of March 2025	Current EPS (TTM)
21	98.15%	0.93		1.0507	1.99

Canadian Natural Earnings per Share Projection vs Actual

Actual Earning per Share of Canadian Natural refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Canadian Natural Resources predict the company's earnings will be in the future. The higher the earnings per share of Canadian Natural, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Canadian Natural Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Canadian Natural, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Canadian Natural should always be considered in relation to other companies to make a more educated investment decision.

Canadian Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Canadian Natural's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2025-02-26	2024-12-31	0.9472	0.93	-0.0172	1
2024-10-31	2024-09-30	0.89	0.97	0.08	8
2024-08-01	2024-06-30	0.81	0.88	0.07	8
2024-05-02	2024-03-31	1.46	1.37	-0.09	6
2024-02-29	2023-12-31	2.16	2.34	0.18	8
2023-11-02	2023-09-30	2.36	2.59	0.23	9
2023-08-03	2023-06-30	1.06	1.14	0.08	7
2023-05-04	2023-03-31	1.68	1.69	0.01	0
2023-03-02	2022-12-31	2.17	1.96	-0.21	9
2022-11-03	2022-09-30	2.86	3.09	0.23	8
2022-08-04	2022-06-30	2.97	3.26	0.29	9
2022-05-05	2022-03-31	2.56	2.86	0.3	11
2022-03-03	2021-12-31	2.1	2.21	0.11	5
2021-11-04	2021-09-30	1.54	1.77	0.23	14
2021-08-05	2021-06-30	0.92	0.99	0.07	7
2021-05-06	2021-03-31	0.82	1.03	0.21	25
2021-03-04	2020-12-31	0.13	0.15	0.02	15
2020-11-05	2020-09-30	-0.02	0.11	0.13	650
2020-08-06	2020-06-30	-0.83	-0.65	0.18	21
2020-05-07	2020-03-31	0.02	-0.25	-0.27	1350
2020-03-05	2019-12-31	0.72	0.58	-0.14	19
2019-11-07	2019-09-30	0.78	1.04	0.26	33
2019-08-01	2019-06-30	0.88	0.87	-0.01	1
2019-05-09	2019-03-31	0.48	0.7	0.22	45
2019-03-07	2018-12-31	0.15	-0.21	-0.36	240
2018-11-01	2018-09-30	0.94	1.11	0.17	18
2018-08-02	2018-06-30	0.81	1.04	0.23	28
2018-05-03	2018-03-31	0.68	0.71	0.03	4
2018-03-01	2017-12-31	0.36	0.46	0.1	27
2017-11-02	2017-09-30	0.11	0.19	0.08	72
2017-08-03	2017-06-30	0.26	0.29	0.03	11
2017-05-04	2017-03-31	0.27	0.25	-0.02	7
2017-03-02	2016-12-31	0.09	0.4	0.31	344
2016-11-03	2016-09-30	-0.24	-0.32	-0.08	33
2016-08-04	2016-06-30	-0.26	-0.19	0.07	26
2016-05-05	2016-03-31	-0.55	-0.5	0.05	9
2016-03-03	2015-12-31	-0.01	-0.04	-0.03	300
2015-11-05	2015-09-30	-0.06	0.1	0.16	266
2015-08-06	2015-06-30	0.08	0.16	0.08	100
2015-05-07	2015-03-31	-0.03	0.02	0.05	166
2015-03-05	2014-12-31	0.71	0.69	-0.02	2
2014-11-06	2014-09-30	0.7	0.89	0.19	27
2014-08-07	2014-06-30	0.96	1.04	0.08	8
2014-05-08	2014-03-31	0.81	0.85	0.04	4
2014-03-06	2013-12-31	0.56	0.52	-0.04	7
2013-11-07	2013-09-30	0.91	0.93	0.02	2
2013-08-08	2013-06-30	0.44	0.42	-0.02	4
2013-05-02	2013-03-31	0.44	0.37	-0.07	15
2013-03-07	2012-12-31	0.37	0.33	-0.04	10
2012-11-08	2012-09-30	0.46	0.32	-0.14	30
2012-08-09	2012-06-30	0.58	0.55	-0.03	5
2012-05-03	2012-03-31	0.47	0.27	-0.2	42
2012-03-08	2011-12-31	0.86	0.88	0.02	2
2011-11-03	2011-09-30	0.57	0.65	0.08	14
2011-08-04	2011-06-30	0.5	0.56	0.06	12
2011-05-05	2011-03-31	0.41	0.21	-0.2	48
2011-03-03	2010-12-31	0.69	0.57	-0.12	17
2010-11-04	2010-09-30	0.45	0.55	0.1	22
2010-08-05	2010-06-30	0.56	0.63	0.07	12
2010-05-06	2010-03-31	0.61	0.61	0.0	0
2010-03-04	2009-12-31	0.7	0.62	-0.08	11
2009-11-05	2009-09-30	0.64	0.61	-0.03	4
2009-08-06	2009-06-30	0.55	0.51	-0.04	7
2009-05-07	2009-03-31	0.39	0.54	0.15	38
2009-03-05	2008-12-31	0.36	0.53	0.17	47
2008-11-06	2008-09-30	0.6	0.86	0.26	43
2008-08-07	2008-06-30	0.64	0.88	0.24	37
2008-05-09	2008-03-31	0.59	0.8	0.21	35
2008-02-28	2007-12-31	0.52	0.52	0.0	0
2007-11-01	2007-09-30	0.4	0.57	0.17	42
2007-08-02	2007-06-30	0.44	0.5	0.06	13
2007-05-03	2007-03-31	0.49	0.49	0.0	0
2007-03-07	2006-12-31	0.33	0.34	0.01	3
2006-11-01	2006-09-30	0.36	0.39	0.03	8
2006-07-25	2006-06-30	0.42	0.43	0.01	2
2006-05-04	2006-03-31	0.47	0.22	-0.25	53
2006-02-23	2005-12-31	0.42	0.48	0.06	14
2005-11-02	2005-09-30	0.3	0.46	0.16	53
2005-08-03	2005-06-30	0.32	0.23	-0.09	28
2005-05-04	2005-03-31	0.16	0.2	0.04	25
2005-02-23	2004-12-31	0.29	0.24	-0.05	17
2004-11-03	2004-09-30	0.17	0.21	0.04	23
2004-08-04	2004-06-30	0.33	0.34	0.01	3
2004-05-05	2004-03-31	0.25	0.32	0.07	28
2004-02-25	2003-12-31	0.16	0.19	0.03	18
2003-11-05	2003-09-30	0.2	0.2	0.0	0
2003-08-06	2003-06-30	0.2	0.24	0.04	20
2003-05-07	2003-03-31	0.29	0.3	0.01	3
2003-02-26	2002-12-31	0.16	0.19	0.03	18
2002-11-06	2002-09-30	0.13	0.15	0.02	15
2002-08-07	2002-06-30	0.15	0.14	-0.01	6
2002-05-08	2002-03-31	0.09	0.1	0.01	11
2002-02-27	2001-12-31	0.08	0.05	-0.03	37
2001-11-07	2001-09-30	0.15	0.14	-0.01	6
2001-08-08	2001-06-30	0.18	0.26	0.08	44
2001-05-09	2001-03-31	0.25	0.26	0.01	4
2001-03-08	2000-12-31	0.2	0.23	0.03	15
2000-11-09	2000-09-30	0.2	0.26	0.06	30
2000-08-10	2000-06-30	0.17	0.19	0.02	11
2000-05-10	2000-03-31	0.14	0.16	0.02	14
2000-03-09	1999-12-31	0.08	0.08	0.0	0
1999-11-09	1999-09-30	0.05	0.09	0.04	80
1999-08-09	1999-06-30	0.03	0.03	0.0	0
1999-05-10	1999-03-31	0.03	0.01	-0.02	66
1999-03-10	1998-12-31	0.05	0.03	-0.02	40
1998-11-12	1998-09-30	0.03	0.03	0.0	0
1998-08-12	1998-06-30	0.02	0.01	-0.01	50
1998-05-12	1998-03-31	0	0.01	0.01	0
1998-03-12	1997-12-31	0.06	0.03	-0.03	50
1997-11-13	1997-09-30	0.1	0.03	-0.07	70
1997-03-12	1996-12-31	0.06	0.05	-0.01	16
1996-08-15	1996-06-30	0.04	0.03	-0.01	25
1995-11-09	1995-09-30	0.07	0.02	-0.05	71

About Canadian Natural Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Canadian Natural earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Canadian Natural estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Canadian Natural fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'

Please read more on our stock advisor page.

	Last Reported	Projected for Next Year
Retained Earnings	33.3 B	35 B
Earnings Yield	0.08	0.05
Price Earnings Ratio	13.23	11.29
Price Earnings To Growth Ratio	(0.48)	(0.45)

Pair Trading with Canadian Natural

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Natural position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Natural will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canadian Stock

0.84	PR	Permian Resources	Pair Corr
0.9	SM	SM Energy	Pair Corr

The ability to find closely correlated positions to Canadian Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Natural when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Natural - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Natural Resources to buy it.

The correlation of Canadian Natural is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Natural Res moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Canadian Natural can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Canadian Stock Analysis

When running Canadian Natural's price analysis, check to measure Canadian Natural's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Natural is operating at the current time. Most of Canadian Natural's value examination focuses on studying past and present price action to predict the probability of Canadian Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Natural's price. Additionally, you may evaluate how the addition of Canadian Natural to your portfolios can decrease your overall portfolio volatility.

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