$0.48 EPS Expected for Canadian Natural Resources Limited (CNQ)

July 11, 2018 - By Paula Hilliard

Canadian Natural Resources Limited (NYSE:CNQ) Logo

Analysts expect Canadian Natural Resources Limited (NYSE:CNQ) to report $0.48 EPS on August, 2.They anticipate $0.20 EPS change or 71.43 % from last quarter’s $0.28 EPS. CNQ’s profit would be $594.68 million giving it 18.90 P/E if the $0.48 EPS is correct. After having $0.62 EPS previously, Canadian Natural Resources Limited’s analysts see -22.58 % EPS growth. The stock decreased 2.84% or $1.06 during the last trading session, reaching $36.28. About 2.53 million shares traded. Canadian Natural Resources Limited (NYSE:CNQ) has risen 15.19% since July 12, 2017 and is uptrending. It has outperformed by 2.62% the S&P500.

Canadian Natural Resources Limited (NYSE:CNQ) Ratings Coverage

Among 3 analysts covering Canadian Natural Res (NYSE:CNQ), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Canadian Natural Res had 5 analyst reports since January 24, 2018 according to SRatingsIntel. The firm has “Overweight” rating given on Monday, April 16 by Morgan Stanley. As per Wednesday, February 7, the company rating was downgraded by Wells Fargo. Morgan Stanley maintained Canadian Natural Resources Limited (NYSE:CNQ) rating on Wednesday, January 24. Morgan Stanley has “Overweight” rating and $58 target. Morgan Stanley maintained it with “Overweight” rating and $64 target in Wednesday, May 23 report.

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids . The company has market cap of $44.95 billion. The firm offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen, and synthetic crude oil (SCO). It has a 21.37 P/E ratio. The Company’s midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose.

More news for Canadian Natural Resources Limited (NYSE:CNQ) were recently published by: Fool.com, which released: “This Oil Stock’s Pain Is the Rest of the Industry’s Gain” on July 10, 2018. Fool.ca‘s article titled: “3 Stocks That Raised Dividends More Than 15% in 2018” and published on July 10, 2018 is yet another important article.

Canadian Natural Resources Limited (NYSE:CNQ) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.