Skip to main content

Canadian Natural Resources Limi (CNQ) Stock Analysis

Breakout setup

SellModerate Confidence

Energy · Oil & Gas E&P

Earnings in 6 days (2026-05-07). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Sell if holding. Analyst target reached at $47.70 — A.R:R is negative (-1.0) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Earnings in 6 days (event risk).

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company... Read more

$47.70+1.8% A.UpsideScore 5.5/10#23 of 37 Oil & Gas E&P
Stop $45.15Target $48.61(resistance)A.R:R -1.0:1
Analyst target$49.56+3.9%4 analysts
$48.61our TP
$47.70price
$49.56mean
$45
$55

Sell if holding. Analyst target reached at $47.70 — A.R:R is negative (-1.0) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Earnings in 6 days (event risk). Chart setup: Golden cross, above all MAs, RSI 55, MACD bullish. Score 5.5/10, moderate confidence.

Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 6d<=7d. Suitability: moderate.

Thesis

Rewards
Strong earnings beat streak (3/4)
Risks
Analyst target reached - limited upside remaining
Earnings in 6 days (event risk)
Earnings estimates trending DOWN

Key Metrics

P/E (TTM)12.5
P/E (Fwd)13.8
Mkt Cap$98.5B
EV/EBITDA7.4
Profit Mgn27.9%
ROE25.8%
Rev Growth1.5%
Beta0.93
Dividend3.81%
Rating analysts24

Quality Signals

Piotroski F8/9

Options Flow

P/C0.89neutral
IV49%normal

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

1 floor-breaker

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Revenue Growth
2.9
Low model confidence on this dimension (33%).
GatesA.R:R -1.0=NEGATIVEEARNINGS PROXIMITY 6d<=7dMomentum 6.8>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARBreakoutSuitability: Moderate
RSI
55 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $42.10Resistance $49.60

Price Targets

$45
$49
A.Upside+1.9%
A.R:R-1.0:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeCautious

Risk Alerts

! Target reached (-11.7% upside)
! Negative risk/reward — downside exceeds upside
! EARNINGS_PROXIMITY:6d<=7d

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-05-07 (6d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CNQ stock a buy right now?

Sell if holding. Analyst target reached at $47.70 — A.R:R is negative (-1.0) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Earnings in 6 days (event risk). Chart setup: Golden cross, above all MAs, RSI 55, MACD bullish. Prior stop was $45.15. Score 5.5/10, moderate confidence.

What is the CNQ stock price target?

Take-profit target: $48.61 (+1.8% upside). Prior stop was $45.15. Stop-loss: $45.15.

What are the risks of investing in CNQ?

Analyst target reached - limited upside remaining; Earnings in 6 days (event risk); Earnings estimates trending DOWN.

Is CNQ overvalued or undervalued?

Canadian Natural Resources Limi trades at a P/E of 12.5 (forward 13.8). TrendMatrix value score: 6.2/10. Verdict: Sell.

What do analysts say about CNQ?

24 analysts cover CNQ with a consensus score of 3.5/5. Average price target: $50.

What does Canadian Natural Resources Limi do?Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and...

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers synthetic crude oil (SCO), mining bitumen, light and medium crude oil and NGLs, thermal bitumen, primary heavy crude oil and Pelican Lake heavy crude oil. Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.

Related stocks: EQT (EQT Corporation) · EXE (Expand Energy Corporation) · CTRA (Coterra Energy Inc.) · RRC (Range Resources Corporation) · OXY (Occidental Petroleum Corporatio)