Insider buying last 90 days
No open-market insider purchases were filed for CNQ in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every CNQ insider filing, plotted on the chart in Gekko.Open CNQ in Gekko
NYSE: CNQ
Canadian Natural Resources (CNQ) Stock Analysis & Forecast
Nov 4 close
$49.64−3.96 (−7.4%)
Gekko Brief
AI summaryNov 4 closeCanadian Natural Resources moves into its third-quarter report with analysts forecasting $1.05 per share on revenues of $8.3 billion, after a record second quarter that saw total corporate production near 1.68M BOE/day, up 18% year over year, and an all-time-high netback of roughly $78 per barrel in oil sands mining and upgrading. Shares fell 4.21% on Monday to C$75.12, underperforming the broader market, after closing 0.8% below the 52-week high reached on 23 October the prior week, and seasonal return charts for the stock have also drawn attention this period.
The stock closes at $49.64, down 7.4%, sitting between its 50-day average of $50.85 and 200-day average of $46.25, a mixed trend picture. The GekkoIndex reads 63.3, placing CNQ in the Accumulation zone, up from a lower reading five sessions earlier. Price sits 23.9% below the Gekko Fair Value of $65.25.
Earnings arrive 5 November, before the open, with no days of distance from the current date, placing the release inside a typical 20-trading-day holding window; the prior quarter beat estimates ($1.58 versus $1.43) with a 1.7% reaction. No insider, Congress or unusual options activity appears in the recent windows. Seasonality over five years shows the next 20 trading days averaging -0.5%, higher in only 1 of those years, a pattern worth noting alongside the earnings date.
Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.
Canadian Natural Resources price vs fair value
Close $49.64200-day averageGekko Fair Value $65.25
Canadian Natural Resources quick facts
- Market cap
- $102.3B
- P/E ratio
- 13.2
- Forward P/E
- 16.3
- EPS, TTM
- $4.07
- Revenue, TTM
- $44.68B
- Profit margin
- 26.3%
- Dividend yield
- 4.32%
- Beta
- 0.91
- Volume
- 17.22M avg 5.85M
- 1-year return
- +55.3%
- Typical daily move
- ±3.3%
- Typical 20-day move
- ±6.1%
- 50-day average
- $50.85
- 200-day average
- $46.25
- Next earnings
- Nov 5 before open
- Shares outstanding
- 2.06B
Canadian Natural Resources swing-trade checklist
Canadian Natural Resources scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
2 supportive1 mixed2 headwinds
- Trendmixed
Averages disagree
Close $49.64 sits between the 50-day ($50.85) and 200-day ($46.25) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
63.3, Accumulation
Reading 63.3 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
23.9% below
Price is 23.9% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings riskheadwind
Reports today
Reports on Nov 5, 2026, today — inside a typical 20-trading-day hold.
See earnings - Seasonalityheadwind
−0.5% on average
From this point in the calendar, the next 20 trading days averaged −0.5% over 5 years, rising in 1 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Canadian Natural Resources stock chart and price history
Canadian Natural Resources closed at $49.64 on Nov 4, 2026, +55.3% over the past year, inside a 52-week range of $30.13 to $56.27.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +3.2%
- 3 months
- +9.2%
- 6 months
- +8.8%
- 1 year
- +55.3%
The full CNQ chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open CNQ in Gekko
Follow Canadian Natural Resources through every session
Put CNQ on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.
Track CNQ in GekkoFree for 7 days. No credit card required.
About Canadian Natural Resources
Canadian Natural Resources works across the full life cycle of oil and gas, from finding and developing deposits to producing, marketing and selling the resulting output. Its production spans synthetic crude, light and medium crude, bitumen, and both standard and Pelican Lake heavy crude, along with natural gas and natural gas liquids. The company is recognized for this broad hydrocarbon mix rather than a single product line.
Beyond extraction, Canadian Natural Resources holds infrastructure that moves and processes what it produces, including two crude oil pipeline systems and a half share in an 84-megawatt cogeneration plant at Primrose. Its operations are spread across Western Canada, the North Sea off the United Kingdom, and offshore West Africa, giving it reach into multiple producing regions rather than a single field or basin.
The company began in 1973 under the name AEX Minerals Corporation, taking its current name in December 1975. It is headquartered in Calgary, Canada, and its shares trade on the NYSE under the ticker CNQ.
- Listed
- NYSE
- Sector
- Energy minerals
- Industry
- Integrated oil
- Website
- cnrl.com
Canadian Natural Resources GekkoIndex: the smart money zone
Canadian Natural Resources’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 63.3, in the Accumulation zone, up 17 points over five sessions.
63.3Accumulation
Up 17 points over five sessions, from the Neutral zone.
Reading for Nov 4, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 36 | +1.6% | +9.5% | ||
| Accumulation (current zone) | 202 | +1.2% | +3.1% | ||
| Neutral | 412 | 0.0% | +0.8% | ||
| Distribution | 46 | +0.7% | +0.7% | ||
| Selling | 1 | Too few readings yet | |||
Average CNQ share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the CNQ price, zone by zone.Track CNQ in Gekko
Is Canadian Natural Resources stock overvalued? Gekko Fair Value
Canadian Natural Resources trades 23.9% below Gekko Fair Value of $65.25, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Canadian Natural Resources shares are worth, recalculated every trading day.
$65.25
Gekko Fair Value, Nov 4, 2026
23.9% Undervalued
At the end of Aug 2026 the price was 23.3% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open CNQ in Gekko
Canadian Natural Resources insider and Congress trading
No open-market insider purchases were filed for Canadian Natural Resources, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in CNQ were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for CNQ, plotted on the chart in Gekko.Open CNQ in Gekko
Hedge funds and billionaires quarter ended Jun 30
1of the funds Gekko tracks holds CNQ.
0added0opened1trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko
Canadian Natural Resources earnings: next date and track record
Canadian Natural Resources reports on Nov 5, 2026, before the open (today), and beat the EPS estimate in 7 of its last 8 reports.
Next earnings report
Nov 5, 2026
Expected before the open, today
- EPS estimate
- $1.05
- Revenue estimate
- $8.79B
7 of 8reports beat the EPS estimate
±2.9%average move across the report
4 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 6, 2026 AI summary
- What they said
- CNQ delivered a record Q2 2026 with total corporate production of ~1.68M BOE/day, up 18% YoY. Oil sands mining and upgrading hit record 625K barrels/day at 106% upgrader utilization, achieving an all-time high netback of ~$78/barrel with operating costs of $22.19/barrel. Record total liquids production reached ~1.25M barrels/day, up 23% YoY. Sulfur production generated ~$450M net revenue in H1 2026.
- Guidance
- CNQ raised annual production guidance for the second time in 2026 to 1.64-1.68M BOE/day, a 20K BOE/day midpoint increase. Capital program remains unchanged at ~$6B, reflecting disciplined capital allocation.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 6, 2026 | $1.58 est $1.43 | $10.39B est $9.40B | +1.7% |
| May 7, 2026 | $1.17 est $1.06 | $7.76B est $7.57B | −2.4% |
| Mar 5, 2026 | $0.82 est $0.66 | $7.01B est $7.04B | +4.8% |
| Nov 6, 2025 | $0.62 est $0.54 | $6.82B est $6.64B | −0.7% |
| Aug 7, 2025 | $1.17 est $0.65 | $7.10B est $7.05B | −3.3% |
| May 8, 2025 | $1.16 est $1.08 | $8.93B est $6.40B | +6.0% |
| Mar 6, 2025 | $0.93 est $0.95 | $7.69B est $6.20B | +3.4% |
| Oct 31, 2024 | $0.97 est $0.89 | $7.70B est $6.39B | −0.9% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Canadian Natural Resources stock forecast and analyst price targets
Analysts’ average 12-month price target for Canadian Natural Resources is $49.38, −0.5% from the last close.
$49.38consensus 12-month target, −0.5% from the last close
+3.1%average 20-day move after past Accumulation readings
−0.5%average move over the next 20 trading days in the last 5 years
±3.3%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Canadian Natural Resources seasonality: the next 20 trading days
Over the next 20 trading days from Nov 4, Canadian Natural Resources averaged −0.5% across the last 5 years, rising in 1 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −0.1% | 2 of 5 |
| Next 10 trading days | +0.7% | 1 of 5 |
| Next 15 trading days | −1.2% | 1 of 5 |
| Next 20 trading days | −0.5% | 1 of 5 |
| Next 30 trading days | −7.2% | 1 of 5 |
For scale, CNQ’s typical 20-trading-day move in either direction is about 6.1%.
Canadian Natural Resources market cap and key statistics
Canadian Natural Resources’s market cap is $102.3B, with a P/E ratio of 13.2 and revenue of $44.68B over the last twelve months.
Valuation
- Market cap
- $102.3B
- P/E ratio
- 13.2
- Forward P/E
- 16.3
- EPS, TTM
- $4.07
- Gekko Fair Value
- $65.25
Trading
- Volume
- 17.22M
- Avg volume, 20 days
- 5.85M
- 52-week high
- $56.27
- 52-week low
- $30.13
- Shares outstanding
- 2.06B
Financials
- Revenue, TTM
- $44.68B
- Profit margin
- 26.3%
- Return on equity
- 26.7%
- Quarterly earnings growth, YoY
- +83.8%
Risk and income
- Beta
- 0.91
- Typical daily move
- ±3.3%
- Typical 20-day move
- ±6.1%
- Dividend yield
- 4.32%
Canadian Natural Resources stock news this week
Coverage of Canadian Natural Resources this week reads neutral: 1 positive, 3 neutral and 2 negative headlines.
- Canadian Natural to Report Q3 Earnings: What's in the Offing?TradingView, Nov 3
- Canadian Natural Resources Limited Bonds — Corporate Bond RatesTradingView, Nov 3
- Gear Up for Canadian Natural Resources (CNQ) Q3 Earnings: Wall Street Estimates for Key MetricsZacks Investment Research, Nov 3
- Canadian Natural Resources Ltd. stock falls Monday, underperforms marketMarketWatch, Nov 2
- Canadian Natural Resources Limited (CNQ) Seasonal returns chartYahoo Finance UK, Oct 31
- Canadian Natural Resources Limited (CNQ.TO) Seasonal Returns Chart - Yahoo FinanceYahoo! Finance Canada, Oct 31
Canadian Natural Resources peers
Canadian Natural Resources’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| XOMExxon Mobil | Neutral | 10.4% above |
| CVXChevron | Neutral | 4.7% above |
| TTETotalEnergies | Neutral | 31.5% below |
| SUSuncor Energy | Accumulation | 23.7% below |
| EOGEOG Resources | Accumulation | 27.1% below |
| IMOImperial Oil | Accumulation | 3.1% above |
A peer links to its own page where one exists.
Canadian Natural Resources stock FAQ
What is Canadian Natural Resources’s market cap?
Canadian Natural Resources’s market cap is $102.3B at the Nov 4, 2026 close of $49.64, with 2.06B shares outstanding. The shares trade on a P/E ratio of 13.2.
What is the Canadian Natural Resources stock forecast?
The consensus analyst 12-month price target for Canadian Natural Resources is $49.38, −0.5% from the last close. Gekko doesn’t publish price predictions of its own.
Is Canadian Natural Resources stock overvalued or undervalued?
On Gekko’s estimate Canadian Natural Resources is undervalued: the Nov 4, 2026 close of $49.64 is 23.9% below Gekko Fair Value of $65.25. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Canadian Natural Resources report earnings next?
Canadian Natural Resources is expected to report on Nov 5, 2026, before the market opens (today). Analysts expect earnings of $1.05 per share on revenue of $8.79B. Canadian Natural Resources beat the earnings estimate in 7 of its last 8 reports, moving 2.9% on average across the report.
What is Canadian Natural Resources’s 52-week high and low?
Canadian Natural Resources’s 52-week high is $56.27 and its 52-week low is $30.13; it closed at $49.64 on Nov 4, 2026, +55.3% over the past year.
Is Canadian Natural Resources stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and fair value), 1 as mixed (trend) and 2 as headwinds (earnings risk and seasonality). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
See Canadian Natural Resources the way Gekko members do
Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.
Join 1,460 other traders using Gekko
Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.