Canadian Natural Resources (CNQ) to Release Quarterly Earnings on Thursday

Canadian Natural Resources (NYSE:CNQ) (TSE:CNQ) is expected to be posting its quarterly earnings results before the market opens on Thursday, March 6th. Analysts expect Canadian Natural Resources to post earnings of $0.69 per share and revenue of $9.27 billion for the quarter.

Canadian Natural Resources Trading Down 0.7 %

NYSE:CNQ opened at $28.64 on Thursday. The stock’s 50-day moving average is $30.78 and its two-hundred day moving average is $33.11. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.84 and a quick ratio of 0.53. The stock has a market cap of $60.20 billion, a PE ratio of 11.12 and a beta of 1.45. Canadian Natural Resources has a fifty-two week low of $28.37 and a fifty-two week high of $41.29.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Tudor Pickering lowered shares of Canadian Natural Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th. Royal Bank of Canada reissued an “outperform” rating and issued a $62.00 price objective on shares of Canadian Natural Resources in a research note on Tuesday, February 18th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $62.00.

About Canadian Natural Resources

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).