Canadian Natural Resources stock holds near its yearly high

Published on 09/20/2026 at 18:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Canadian Natural Resources stock closed at USD 49.61 on September 18, 2026, after a 2.00 percent drop. MarketBeat also shows a USD 57.00 consensus target and a USD 102.31 billion market value.

CNQ, CA1363851017, Illustration mit AI erstellt.

Canadian Natural Resources stock (ISIN CA1363851017) closed at USD 49.61 on September 18, 2026, down 2.00 percent on the day, while MarketBeat puts its market capitalization at USD 102.31 billion and its 52-week range at USD 29.68 to USD 52.31.

Analyst view stays supportive

MarketBeat lists a consensus price target of USD 57.00, which is 14.9 percent above the latest close, and a consensus rating of Moderate Buy. The same page shows 7 buy ratings, 5 hold ratings and no sell ratings for Canadian Natural Resources Limited.

That target matters because it sits above the stock's recent price even after a 46.6 percent rise in 2026 from USD 33.85 at the start of the year to USD 49.61 on September 18, 2026.

Latest quarter was strong

According to MarketBeat on September 19, 2026, Canadian Natural Resources reported quarterly earnings per share of USD 1.58 on August 6, 2026, topping the consensus estimate of USD 1.43 by USD 0.15. The same source says revenue reached USD 14.74 billion, compared with expectations of USD 9.40 billion.

MarketBeat also shows trailing-twelve-month EPS of USD 4.05, net income of USD 7.74 billion, and a net margin of 22.78 percent, all of which keep the operating base large even after the recent share-price run.

Cash flow still drives the story

Canadian Natural's investor page says the company has a long life, low decline asset base that delivers significant free cash flow through all levels of the commodity price cycle, and that remains the key operating frame for the stock. On the MarketBeat page, the company also shows a dividend yield of 3.63 percent and a P/E ratio of 12.25.

For investors, the mix is clear: a USD 102.31 billion energy name with a USD 57.00 consensus target, a 22.78 percent net margin and a 2.00 percent one-day drop after the September 18 close.

Stock near the top

Canadian Natural Resources stock stood at USD 49.61 on September 18, 2026, leaving it below the 52-week high of USD 52.31 but far above the 52-week low of USD 29.68.