Canadian Natural Resources Set to Unveil Q4 2025 Results Before Thursday’s Opening Bell

Calgary, March 4, 2026 — Canadian Natural Resources Limited (NYSE/TSE: CNQ) will release its fourth-quarter 2025 financial results before markets open on Thursday, March 5, the company confirmed. Management will host a conference call at 11:00 a.m. ET the same day to discuss the numbers.

Analysts polled ahead of the release forecast earnings of $0.53 per share on revenue of roughly $6.64 billion for the quarter, according to consensus data. The figures will cap a year in which CNQ shares have climbed from a 52-week low of $24.65 to a high of $45.85; the stock closed Tuesday’s session at $44.30.

The energy producer, valued at $92.3 billion, currently trades at 19.6 times trailing earnings and carries a beta of 0.62. Balance-sheet metrics show a debt-to-equity ratio of 0.41, a quick ratio of 0.53 and a current ratio of 0.86. Shares have recently traded above both their 50-day ($36.88) and 200-day ($33.72) moving averages.

Brokerage sentiment has shifted in recent months. Goldman Sachs maintains a “buy” with a $35 target set on Jan. 2, while Wall Street Zen upgraded the name to “hold” on Jan. 31. Desjardins moved to “hold” on Nov. 24, Zacks Research lowered its rating to “hold” on Dec. 19, and Evercore cut its view to “in-line” on Jan. 6. Across the street, five analysts rate CNQ a “buy” and six call it a “hold,” producing an average target price of $48.50.

Institutional activity has been brisk. Sunbelt Securities opened a $25,000 position in Q4, Manchester Capital Management initiated a $28,000 stake, and Quarry LP acquired a $32,000 position in the third quarter. Geneos Wealth Management increased its holdings by 47.3% in Q1, now owning 1,644 shares, while Brown Brothers Harriman & Co. boosted its stake by 885.9% in Q4 to 2,238 shares. Overall, 74% of CNQ stock is held by institutions and hedge funds.

Founded in the early 1970s and dual-listed in Toronto and New York, Canadian Natural Resources is one of North America’s largest independent energy companies. Its portfolio spans conventional and unconventional reservoirs, oil-sands mining, in-situ thermal projects, plus midstream processing and upgrading facilities concentrated in Western Canada.

Investors can access the full earnings materials and live webcast via the company’s investor-relations webpage ahead of Thursday’s call.