Canadian Natural Resources Stock Forecast for 2023 - 2025 - 2030

Updated on 11/29/2023

Stock Rating
10
Price Target
C$99.00
Consensus
Outperform
Upside
11.56%
Analysts
11
Stock Rating
10
Upside
11.56%
Analysts
11
Price Target
C$99.00

Canadian Natural Resources Stock Forecast and Price Target

In recent months, eleven notable analysts have provided yearlong price targets for Canadian Natural Resources, with the average target coming in at C$99.00. If it were to be achieved, this would result in a potential upside of approximately 11.56 percent from the most recent closing price in November, 2023. The high end is C$114.00, and the low is C$90.00. If you're considering investing in CNQ stock, it's essential to look at its competitors, too.

C$99.00

11.56% Upside

Outperform
Outperform

Canadian Natural Resources Fair Value Forecast for 2023 - 2025 - 2030

In the last three years, Canadian Natural Resources's Price has grown by 251.89%, rising from C$29.26 to C$102.95. According to 9 analysts, Canadian Natural Resources's Fair Value will fall by 30.03% in the next year, reaching C$72.04. Professionals believe that By 2030, Canadian Natural Resources's Fair Value will fall to C$102.08 – a 0.84% decrease from its current value.

2023 Fair Value Forecast
C$72.04
2023 Fair Value Forecast
C$72.04
2024 Fair Value Forecast
C$83.90
2024 Fair Value Forecast
C$83.90
2025 Fair Value Forecast
C$95.77
2026 Fair Value Forecast
C$110.95
2027 Fair Value Forecast
C$105.62
2028 Fair Value Forecast
C$98.22
2029 Fair Value Forecast
C$97.86
2030 Fair Value Forecast
C$102.08
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
XOM Stock Forecast Exxon Mobil Corp Outperform 4
$103.90 Buy/Sell $126.91 18.29%
CVX Stock Forecast Chevron Corp Outperform 3
$145.51 Buy/Sell $183.01 23.70%
SHEL Stock Forecast Shell Outperform 5
£25.81 Buy/Sell £36.70 46.22%
BHP Stock Forecast BHP Group Outperform 1
$46.43 Buy/Sell $30.06 -35.69%
TTE Stock Forecast TotalEnergies Outperform 7
63.19€ Buy/Sell 70.73€ 18.01%

Canadian Natural Resources Revenue Forecast for 2023 - 2025 - 2030

In the last three years, Canadian Natural Resources's Revenue has grown by 84.94%, rising from C$22.87B to C$42.30B. According to 9 analysts, Canadian Natural Resources's Revenue will fall by 12.71% in the next year, reaching C$36.92B. Professionals believe that By 2030, Canadian Natural Resources's Revenue will fall to C$37.31B – a 11.80% decrease from its current value.

2023 Rev Forecast
C$36.92B
2024 Rev Forecast
C$38.12B
2024 Rev Forecast
C$38.12B
2025 Rev Forecast
C$37.06B
2026 Rev Forecast
C$37.03B
2027 Rev Forecast
C$37.39B
2028 Rev Forecast
C$37.64B
2029 Rev Forecast
C$37.45B
2030 Rev Forecast
C$37.31B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
COP Stock Forecast ConocoPhillips Outperform 5
$114.98 Buy/Sell $136.20 20.02%
BP. Stock Forecast BP p.l.c. Outperform 3
£4.66 Buy/Sell £6.78 51.07%
ENB Stock Forecast Enbridge Outperform 10
C$46.37 Buy/Sell C$50.64 12.14%

Canadian Natural Resources Dividend per Share Forecast for 2023 - 2025 - 2030

In the last three years, Canadian Natural Resources's Dividend per Share has grown, moving from C$1.50 to C$3.10 – an increase of 106.67%. In the next year, analysts predict that Dividend per Share will jump to C$3.69 – up 19.03% from the current level. Looking ahead to nine years, experts forecast that Dividend per Share will grow by 31.07%.

2023 DPS Forecast
C$3.69
2024 DPS Forecast
C$4.06
2024 DPS Forecast
C$4.06
2025 DPS Forecast
C$4.18
2026 DPS Forecast
C$4.01
2027 DPS Forecast
C$4.03
2028 DPS Forecast
C$4.04
2029 DPS Forecast
C$4.09
2030 DPS Forecast
C$4.06
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
EOG Stock Forecast EOG Resources Inc Outperform 9
$123.64 Buy/Sell $147.72 20.51%
OXY Stock Forecast Occidental Petroleum Corp Outperform 3
$60.06 Buy/Sell $70.32 13.22%
WMB Stock Forecast Williams Cos Inc-The Outperform 15
$36.33 Buy/Sell $37.31 4.60%

Canadian Natural Resources Free Cash Flow Forecast for 2023 - 2025 - 2030

Canadian Natural Resources's Free Cash Flow has seen growth In the last three years, going from C$5.22B to C$14.90B – a gain of 185.35% For the following year, the 8 analysts predict that Canadian Natural Resources's Free Cash Flow will drop by 41.28%, reaching C$8.75B. In 2030, the professionals' prediction is that CNQ's Free Cash Flow will decrease by 33.31%, reaching C$9.94B.

2023 FCF Forecast
C$8.75B
2023 FCF Forecast
C$8.75B
2024 FCF Forecast
C$10.65B
2024 FCF Forecast
C$10.65B
2025 FCF Forecast
C$9.43B
2026 FCF Forecast
C$9.84B
2027 FCF Forecast
C$10.04B
2028 FCF Forecast
C$10.27B
2029 FCF Forecast
C$9.98B
2030 FCF Forecast
C$9.94B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
HES Stock Forecast Hess Corp Hold 14
$145.60 Buy/Sell $170.36 14.01%
WDS Stock Forecast Woodside Energy Group Ltd Hold 15
$31.50 Buy/Sell $26.87 -27.65%
SU Stock Forecast Suncor Energy Outperform 13
C$44.52 Buy/Sell C$36.74 19.05%

Canadian Natural Resources Net Income Forecast for 2023 - 2025 - 2030

In the last three years, Canadian Natural Resources's Net Income has seen an increase, rising from C$5.42B to C$10.94B. This represents a growth of 101.94%. 3 analysts predict Canadian Natural Resources's Net Income will decrease by 21.27% in the next year, reaching C$8.61B. By 2030, professionals predict that Canadian Natural Resources's Net Income will decrease by 13.74%, to C$9.43B.

2023 NI Forecast
C$8.61B
2023 NI Forecast
C$8.61B
2024 NI Forecast
C$9.66B
2025 NI Forecast
C$9.76B
2026 NI Forecast
C$9.38B
2027 NI Forecast
C$9.13B
2028 NI Forecast
C$9.31B
2029 NI Forecast
C$9.46B
2030 NI Forecast
C$9.43B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
VLO Stock Forecast Valero Energy Outperform 10
$125.24 Buy/Sell $149.65 21.57%
TRP Stock Forecast TC Energy Hold 17
C$50.66 Buy/Sell C$68.70 6.59%
KMI Stock Forecast Kinder Morgan Hold 12
$17.29 Buy/Sell $20.28 15.67%

Canadian Natural Resources EBITDA Forecast for 2023 - 2025 - 2030

In the last three years, EBITDA for Canadian Natural Resources has grown by 98.39%, going from C$11.28B to C$22.38B. In the following year, the 6 analysts surveyed believe that Canadian Natural Resources's EBITDA will decrease by 20.76%, reaching C$17.73B. According to professionals, by 2030, Canadian Natural Resources's EBITDA will have decreased by 15.41%, falling down to C$18.93B.

2023 EBITDA Forecast
C$17.73B
2023 EBITDA Forecast
C$17.73B
2024 EBITDA Forecast
C$19.46B
2025 EBITDA Forecast
C$19.35B
2026 EBITDA Forecast
C$18.81B
2027 EBITDA Forecast
C$18.47B
2028 EBITDA Forecast
C$18.80B
2029 EBITDA Forecast
C$18.98B
2030 EBITDA Forecast
C$18.93B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
CVE Stock Forecast Cenovus Energy Outperform 14
C$23.98 Buy/Sell C$33.24 37.61%
IMO Stock Forecast Imperial Oil Outperform 14
C$78.48 Buy/Sell C$43.18 8.31%
DVN Stock Forecast Devon Energy Outperform 5
$44.82 Buy/Sell $58.80 22.71%

Canadian Natural Resources EBIT Forecast for 2023 - 2025 - 2030

Canadian Natural Resources's EBIT has grown in the last three years, jumping from C$5.54B to C$14.74B – an increase of 165.96%. The next year, 5 experts forecast that Canadian Natural Resources's EBIT will decrease by 25.45%, reaching C$10.99B. In 2030, professionals predict that Canadian Natural Resources's EBIT will decrease by 11.78%, reaching C$13.01B.

2023 EBIT Forecast
C$10.99B
2023 EBIT Forecast
C$10.99B
2024 EBIT Forecast
C$13.22B
2025 EBIT Forecast
C$13.91B
2026 EBIT Forecast
C$12.90B
2027 EBIT Forecast
C$12.30B
2028 EBIT Forecast
C$12.62B
2029 EBIT Forecast
C$13.05B
2030 EBIT Forecast
C$13.01B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
CLR Stock Forecast Continental Resources - 14
$0.85 Buy/Sell $74.00 -100.00%
CTRA Stock Forecast Coterra Energy Outperform 8
$26.07 Buy/Sell $32.68 18.91%
TECK.B Stock Forecast Teck Resources Buy 14
C$49.87 Buy/Sell C$35.03 32.34%

Canadian Natural Resources EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last three years, Canadian Natural Resources's EPS has grown by 251.89%, rising from C$3.18 to C$11.19. According to 9 analysts, Canadian Natural Resources's EPS will fall by 30.03% in the next year, reaching C$7.83. Professionals believe that By 2030, Canadian Natural Resources's EPS will fall to C$11.10 – a 0.84% decrease from its current value.

2023 EPS Forecast
C$7.83
2023 EPS Forecast
C$7.83
2024 EPS Forecast
C$9.12
2024 EPS Forecast
C$9.12
2025 EPS Forecast
C$10.41
2026 EPS Forecast
C$12.06
2027 EPS Forecast
C$11.48
2028 EPS Forecast
C$10.68
2029 EPS Forecast
C$10.64
2030 EPS Forecast
C$11.10
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
STO Stock Forecast Santos Outperform 17
$7.00 Buy/Sell $5.72 -20.00%
MRO Stock Forecast Marathon Oil Outperform 10
$25.32 Buy/Sell $23.41 30.33%
OVV Stock Forecast Ovintiv Outperform 14
C$59.86 Buy/Sell C$47.95 -13.13%