Canadian Natural Resources

The shares of Canadian Natural Resources climbed 1.3% to CAD 71.08, driven by rising Brent prices amid geopolitical tensions and short-term buying ahead of the ex-dividend date on September 11. The company pays a quarterly dividend of CAD 0.625 per share, which is generating additional demand from dividend hunters. Upward price-target revisions by major banks and a positive backdrop on the S&P/TSX are supportive, leaving the stock trading near its 52-week high. » Więcej na de.investing.com

Shares of Canadian Natural Resources climbed 1.1% to $68.91 and led TSX trading volume after US tariff announcements for Canadian goods focused investors on energy exporters. CIBC upgraded the stock to "Buy"; earlier Morgan Stanley, Scotiabank and TD had raised their price targets. The company reported record production and cash flow in Q2 2026; it also declared a quarterly dividend of C$0.625 with an ex-dividend date on Sept. 11. » Więcej na de.investing.com

Canadian Natural Resources reported Q1 2026 production of about 1.643 million boe/d and adjusted net earnings of CAD 2.4 billion, with adjusted funds flow of CAD 4.4 billion. The company set multiple production records—driven by oil sands and Jackfish expansions—and returned roughly CAD 1.5 billion to shareholders through dividends and buybacks. Management raised the annualized dividend to CAD 2.50 per share and cut net debt below CAD 16 billion, triggering a policy to return 75% of free cash flow and targeting CAD 13 billion net debt to lift returns to 100%. » Więcej na finance.yahoo.com

Canadian Natural reported Q1 2026 EPS of CAD 1.17 (expectation CAD 1.05) and revenue of CAD 10.74bn (expectation CAD 9.86bn). The company reached record production, posted adjusted net income of CAD 2.4bn and adjusted funds flow of CAD 4.4bn; the board approved a quarterly dividend of CAD 0.625. Despite the strong metrics, the stock fell about 2% in premarket trading; the company’s target is further debt reduction to CAD 13bn and an increase in payouts once that goal is achieved. » Więcej na de.investing.com

Wells Fargo analyst Sam Margolin raised the price target for Canadian Natural Resources from C$47 to C$61 while keeping an 'Equal Weight' rating, implying roughly 4% upside. The bank adjusted its oil forecasts to Brent $75/bbl and WTI $70/bbl following a US‑Iran ceasefire and views the pullback as a mid‑cycle correction. Canadian Natural Resources completed a strategic acquisition in Q1 2026 and lifted its FY2026 production target to 1.62–1.67 million boepd. » Więcej na finance.yahoo.com