TD Securities maintains Buy rating for Canadian Natural Resources stock

Canadian Natural Resources stock was trading at EUR 43.26 at Lang & Schwarz on October 8, 2026 at 3:43 p.m. CEST, up 2.08 percent versus the prior close of EUR 42.38. On October 7, TD Securities maintained its Buy rating and set a CAD 73.00 price target, according to The Globe and Mail.

Three events set the backdrop

On August 7, 2026, Canadian Natural Resources reported second-quarter revenue of CAD 14.74 billion, up 70.00 percent from the second quarter of 2025, while net income reached CAD 4.50 billion, up 83.00 percent, according to Simply Wall St. The same report listed second-quarter production at 1,677,000 barrels of oil equivalent per day, up 18.00 percent year over year.

On September 23, 2026, the company announced that third-quarter results would be released on November 5, 2026, according to Simply Wall St. On October 7, TD Securities maintained its Buy rating with a CAD 73.00 target, making the analyst view the latest dated event in this sequence.

What does the output mean for scale?

The second-quarter figures show why the analyst action is tied to operating scale rather than only to valuation. Revenue increased by CAD 6.18 billion from CAD 8.56 billion in the second quarter of 2025 to CAD 14.74 billion in the second quarter of 2026, while net income rose by CAD 2.04 billion from CAD 2.46 billion to CAD 4.50 billion, according to Simply Wall St.

That growth also raises the importance of execution and commodity exposure. Simply Wall St identified carbon-policy and methane-rule pressure on oil sands margins as a risk, while the company operates across Western Canada, the United Kingdom sector of the North Sea and Offshore Africa, according to Canadian Natural Resources.

Next results date is November 5

The next scheduled reporting date is November 5, 2026, for third-quarter results. For investors, the key comparison will be whether production and revenue can sustain the second-quarter scale while margins absorb commodity and regulatory pressures.

CNQ stock trades above its prior close

At Lang & Schwarz, Canadian Natural Resources stock was trading at EUR 43.26 on October 8, 2026 at 3:43 p.m. CEST, plus 2.08 percent against the prior close of EUR 42.38. The finance quote showed a market capitalization of USD 100.8 billion and a 52-week range of USD 27.93 to USD 52.31 as of October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Canadian Natural Resources stock.

Market context: Market report S&P/TSX Composite.

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