Canadian Natural Resources Limi (CNQ) Stock Analysis
Energy · Oil & Gas E&P
Hold if already holding. Not a fresh buy at $46.15, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Weak overall score: 5.0/10.
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
Hold if already holding. Not a fresh buy at $46.15, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Weak overall score: 5.0/10. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 5.0/10, moderate confidence.
Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 58d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated 2026-06-09Recent Developments — Canadian Natural Resources Limi
Latest news
- NEWS Canadian Natural Resources Ltd. stock rises Wednesday, outperforms market - MarketWatch — MarketWatch positive
- NEWS Canadian Natural Resources stock price forecast: C$64.90 resistance as CNQ gains 2.02% - Traders Union — Traders Union positive
- NEWS Vanguard Group Inc. Purchases 818,809 Shares of Canadian Natural Resources Limited $CNQ - MarketBeat — MarketBeat positive
- NEWS Lincluden Management Ltd. Decreases Stake in Canadian Natural Resources Limited $CNQ - MarketBeat — MarketBeat neutral
- NEWS Canadian Natural Resources Ltd. stock rises Tuesday, outperforms market - MarketWatch — MarketWatch positive
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
2 floor-breakers
Revenue shrinking — -1.2% YoY. Growth thesis broken unless recovery story develops.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $46.15, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Weak overall score: 5.0/10. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $48.76 (+5.7%), stop $43.69 (−5.6%), A.R:R -3.0:1. Score 5.0/10, moderate confidence.
Take-profit target: $48.76 (+5.3% upside). Target $48.76 (+5.7%), stop $43.69 (−5.6%), A.R:R -3.0:1. Stop-loss: $43.69.
Analyst target reached - limited upside remaining; Weak overall score: 5.0/10; Weak growth.
Canadian Natural Resources Limi trades at a P/E of 11.8 (forward 12.5). TrendMatrix value score: 6.3/10. Verdict: Hold.
24 analysts cover CNQ with a consensus score of 3.5/5. Average price target: $45.
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.