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NYSE: CNQ
Canadian Natural Resources Ltd Stock Forecast, Predictions & Price Target

Buy CNQ

Should I buy or sell CNQ stock?

Based on 1 analyst offering ratings for Canadian Natural Resources Ltd.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

CNQ stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Bank of America
Top 9%
92
Strong BuyUpgradesN/AN/A2022-07-19Find out why
Anonymous
Goldman Sachs
HoldMaintains$72.00+32.52%2022-05-20

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Forecast return on equity

Is CNQ forecast to generate an efficient return?
Company
26.89%
Industry
328.12%
Market
55.26%
CNQ's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CNQ forecast to generate an efficient return on assets?
Company
13.54%
Industry
39.21%
CNQ is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CNQ earnings per share forecast

What is CNQ's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$8.60+14.01%
Avg 2 year Forecast
$7.66+1.55%
Avg 3 year Forecast
$7.23-4.15%
CNQ's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CNQ revenue forecast

What is CNQ's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$33.6B+10.79%
Avg 2 year Forecast
$29.1B-3.97%
Avg 3 year Forecast
$27.1B-10.7%
CNQ's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CNQ earnings growth forecast

How is CNQ forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
1.52%
Industry
11.41%
Market
17.66%
CNQ's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CNQ's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CNQ's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CNQ revenue growth forecast

How is CNQ forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
-0.84%
Industry
3.87%
Market
8.2%
CNQ's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CNQ's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CNQ vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
CNQ$54.33N/AN/AStrong Buy
OXY$63.51$67.72+6.63%Buy
EOG$112.41$144.42+28.47%Strong Buy
PXD$229.12$277.07+20.93%Buy
DVN$63.58$79.29+24.70%Buy

Canadian Natural Resources Stock Forecast FAQ

Is Canadian Natural Resources Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: CNQ) stock is to Strong Buy CNQ stock.

Out of 1 analyst, 1 (100%) are recommending CNQ as a Strong Buy, 0 (0%) are recommending CNQ as a Buy, 0 (0%) are recommending CNQ as a Hold, 0 (0%) are recommending CNQ as a Sell, and 0 (0%) are recommending CNQ as a Strong Sell.

If you're new to stock investing, here's how to buy Canadian Natural Resources stock.

What is CNQ's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: CNQ) Canadian Natural Resources's current Earnings Per Share (EPS) is $7.54. On average, analysts forecast that CNQ's EPS will be $8.60 for 2022, with the lowest EPS forecast at $7.37, and the highest EPS forecast at $9.33. On average, analysts forecast that CNQ's EPS will be $7.66 for 2023, with the lowest EPS forecast at $7.03, and the highest EPS forecast at $8.52. In 2024, CNQ's EPS is forecast to hit $7.23 (min: $7.23, max: $7.23).

What is CNQ's forecast return on equity (ROE) for 2022-2024?

(NYSE: CNQ) forecast ROE is 26.89%, which is considered strong.

What is CNQ's earnings growth forecast for 2022-2024?

(NYSE: CNQ) Canadian Natural Resources's forecast annual earnings growth rate of 1.52% is not forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 11.41%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.66%.

Canadian Natural Resources's earnings in 2022 is $8,789,922,480.On average, 4 Wall Street analysts forecast CNQ's earnings for 2022 to be $9,755,736,800, with the lowest CNQ earnings forecast at $8,360,439,560, and the highest CNQ earnings forecast at $10,583,840,040. On average, 4 Wall Street analysts forecast CNQ's earnings for 2023 to be $8,689,412,080, with the lowest CNQ earnings forecast at $7,974,747,640, and the highest CNQ earnings forecast at $9,664,985,760.

In 2024, CNQ is forecast to generate $8,201,625,240 in earnings, with the lowest earnings forecast at $8,201,625,240 and the highest earnings forecast at $8,201,625,240.

What is CNQ's revenue growth forecast for 2022-2024?

(NYSE: CNQ) Canadian Natural Resources's forecast annual revenue growth rate of -0.84% is not forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 3.87%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.2%.

Canadian Natural Resources's revenue in 2022 is $30,291,472,868.On average, 2 Wall Street analysts forecast CNQ's revenue for 2022 to be $38,069,335,271,680, with the lowest CNQ revenue forecast at $37,960,297,897,120, and the highest CNQ revenue forecast at $38,178,372,646,240. On average, 2 Wall Street analysts forecast CNQ's revenue for 2023 to be $32,999,494,390,440, with the lowest CNQ revenue forecast at $31,845,662,980,120, and the highest CNQ revenue forecast at $34,153,325,800,760.

In 2024, CNQ is forecast to generate $30,686,987,733,040 in revenue, with the lowest revenue forecast at $30,686,987,733,040 and the highest revenue forecast at $30,686,987,733,040.

What is CNQ's forecast return on assets (ROA) for 2022-2024?

(NYSE: CNQ) forecast ROA is 13.54%, which is lower than the forecast US Oil & Gas E&P industry average of 39.21%.
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