Canadian Natural Resources Future Growth

Future criteria checks 1/6

Canadian Natural Resources's revenue is forecast to decline at 1.7% per annum while its annual earnings are expected to grow at 1.4% per year. EPS is expected to grow by 6% per annum. Return on equity is forecast to be 22.5% in 3 years.

Key information

1.4%

Earnings growth rate

6.0%

EPS growth rate

Oil and Gas earnings growth	7.9%
Revenue growth rate	-1.7%
Future return on equity	22.5%
Analyst coverage	Good
Last updated	26 Aug 2024

Recent future growth updates

Canadian Natural Resources Limited Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next

May 04

Canadian Natural Resources Limited (TSE:CNQ) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Mar 02

Recent updates

Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 37% Undervaluation?

Aug 24

Canadian Natural Resources Limited Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next

May 04

Canadian Natural Resources Limited's (TSE:CNQ) Shares May Have Run Too Fast Too Soon

Apr 05

Canadian Natural Resources' (TSE:CNQ) Dividend Will Be Increased To CA$1.05

Mar 05

Canadian Natural Resources Limited (TSE:CNQ) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Mar 02

Canadian Natural Resources Limited (TSE:CNQ) Shares Could Be 44% Below Their Intrinsic Value Estimate

Feb 25

We Like These Underlying Return On Capital Trends At Canadian Natural Resources (TSE:CNQ)

Feb 11

Potential Upside For Canadian Natural Resources Limited (TSE:CNQ) Not Without Risk

Dec 18

We Think Canadian Natural Resources (TSE:CNQ) Can Stay On Top Of Its Debt

Dec 04

Canadian Natural Resources Limited (TSE:CNQ) Shares Could Be 34% Below Their Intrinsic Value Estimate

Nov 20

Broker Revenue Forecasts For Canadian Natural Resources Limited (TSE:CNQ) Are Surging Higher

Nov 07

The Return Trends At Canadian Natural Resources (TSE:CNQ) Look Promising

Sep 11

Is Canadian Natural Resources (TSE:CNQ) Using Too Much Debt?

Aug 27

Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 30% Undervaluation?

Aug 06

Is Canadian Natural Resources (TSE:CNQ) A Risky Investment?

May 28

Canadian Natural Resources (TSE:CNQ) Is Doing The Right Things To Multiply Its Share Price

May 14

We Ran A Stock Scan For Earnings Growth And Canadian Natural Resources (TSE:CNQ) Passed With Ease

Apr 04

These 4 Measures Indicate That Canadian Natural Resources (TSE:CNQ) Is Using Debt Safely

Feb 27

Shareholders Would Enjoy A Repeat Of Canadian Natural Resources' (TSE:CNQ) Recent Growth In Returns

Feb 11

Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 33% Undervaluation?

Jan 05

If EPS Growth Is Important To You, Canadian Natural Resources (TSE:CNQ) Presents An Opportunity

Dec 24

Earnings and Revenue Growth Forecasts

TSX:CNQ - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	35,393	7,961	8,840	14,561	4
12/31/2025	37,146	8,744	10,284	16,047	7
12/31/2024	35,750	7,424	9,183	14,604	6
6/30/2024	36,743	7,673	10,448	15,265	N/A
3/31/2024	35,582	7,421	9,161	13,926	N/A
12/31/2023	35,968	8,233	7,444	12,353	N/A
9/30/2023	36,104	7,126	6,915	12,082	N/A
6/30/2023	36,666	7,596	9,488	14,682	N/A
3/31/2023	40,251	9,635	12,828	17,833	N/A
12/31/2022	42,298	10,937	14,255	19,391	N/A
9/30/2022	41,822	11,951	14,102	19,559	N/A
6/30/2022	39,076	11,339	12,472	17,751	N/A
3/31/2022	34,126	9,388	9,655	14,795	N/A
12/31/2021	30,057	7,664	9,985	14,478	N/A
9/30/2021	25,862	5,879	7,373	11,036	N/A
6/30/2021	22,655	4,085	5,404	8,816	N/A
3/31/2021	19,001	2,224	2,973	5,525	N/A
12/31/2020	16,893	-435	2,154	4,714	N/A
9/30/2020	17,776	-587	3,090	5,898	N/A
6/30/2020	19,432	32	3,344	6,346	N/A
3/31/2020	22,123	3,173	6,070	9,558	N/A
12/31/2019	22,871	5,416	5,221	8,829	N/A
9/30/2019	20,672	4,043	4,048	7,772	N/A
6/30/2019	20,411	4,818	4,656	8,896	N/A
3/31/2019	20,801	2,969	4,351	8,648	N/A
12/31/2018	21,027	2,591	5,680	10,121	N/A
9/30/2018	22,528	3,763	5,729	10,162	N/A
6/30/2018	21,095	2,645	3,996	9,042	N/A
3/31/2018	19,054	2,735	N/A	8,060	N/A
12/31/2017	17,342	2,397	N/A	7,262	N/A
9/30/2017	15,597	2,567	N/A	7,079	N/A
6/30/2017	13,466	1,557	N/A	5,456	N/A
3/31/2017	12,107	146	N/A	4,542	N/A
12/31/2016	11,427	-204	N/A	3,452	N/A
9/30/2016	9,858	-639	N/A	3,682	N/A
6/30/2016	10,637	-424	N/A	4,391	N/A
3/31/2016	11,507	-490	N/A	4,959	N/A
12/31/2015	12,363	-637	N/A	5,632	N/A
9/30/2015	13,954	430	N/A	6,465	N/A
6/30/2015	15,552	1,580	N/A	7,188	N/A
3/31/2015	17,501	3,055	N/A	8,360	N/A
12/31/2014	18,863	3,929	N/A	8,459	N/A
9/30/2014	18,426	3,144	N/A	8,323	N/A
6/30/2014	18,373	3,273	N/A	8,125	N/A
3/31/2014	16,786	2,679	N/A	7,406	N/A
12/31/2013	16,145	2,270	N/A	7,218	N/A
9/30/2013	15,898	2,209	N/A	6,651	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CNQ's forecast earnings growth (1.4% per year) is below the savings rate (2.2%).

Earnings vs Market: CNQ's earnings (1.4% per year) are forecast to grow slower than the Canadian market (15.5% per year).

High Growth Earnings: CNQ's earnings are forecast to grow, but not significantly.

Revenue vs Market: CNQ's revenue is expected to decline over the next 3 years (-1.7% per year).

High Growth Revenue: CNQ's revenue is forecast to decline over the next 3 years (-1.7% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CNQ's Return on Equity is forecast to be high in 3 years time (22.5%)

Canadian Natural Resources Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 15%

Canadian Natural Resources Limited Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next

Canadian Natural Resources Limited (TSE:CNQ) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Consensus EPS estimates fall by 10%

Consensus EPS estimates fall by 18%

Recent updates

Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 37% Undervaluation?

Second quarter dividend of CA$0.53 announced

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Canadian Natural Resources Limited to Report Q2, 2024 Results on Aug 01, 2024

Upcoming dividend of CA$0.53 per share

Consensus EPS estimates fall by 15%

First quarter dividend of CA$1.05 announced

Canadian Natural Resources Limited Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next

First quarter 2024 earnings: EPS misses analyst expectations

Canadian Natural Resources Limited's (TSE:CNQ) Shares May Have Run Too Fast Too Soon

Canadian Natural Resources Limited to Report Q1, 2024 Results on May 02, 2024

Executive Chairman recently sold CA$25m worth of stock

President & Director recently sold CA$1.3m worth of stock

Upcoming dividend of CA$1.05 per share

Canadian Natural Resources' (TSE:CNQ) Dividend Will Be Increased To CA$1.05

Fourth quarter dividend of CA$1.05 announced

Canadian Natural Resources Limited (TSE:CNQ) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Full year 2023 earnings: EPS exceeds analyst expectations

Canadian Natural Resources Limited Declares Cash Dividend, Payable on April 5, 2024

Canadian Natural Resources Limited (TSE:CNQ) Shares Could Be 44% Below Their Intrinsic Value Estimate

Canadian Natural Resources Limited, Annual General Meeting, May 02, 2024

We Like These Underlying Return On Capital Trends At Canadian Natural Resources (TSE:CNQ)

Canadian Natural Resources Limited to Report Q4, 2023 Results on Feb 29, 2024

President & Director exercised options and sold CA$2.6m worth of stock

Executive Chairman recently sold CA$42m worth of stock

President & Director exercised options and sold CA$5.1m worth of stock

Potential Upside For Canadian Natural Resources Limited (TSE:CNQ) Not Without Risk

We Think Canadian Natural Resources (TSE:CNQ) Can Stay On Top Of Its Debt

President & Director exercised options and sold CA$3.6m worth of stock

Upcoming dividend of CA$1.00 per share at 4.4% yield

Canadian Natural Resources Limited (TSE:CNQ) Shares Could Be 34% Below Their Intrinsic Value Estimate

Insider exercised options and sold CA$1.2m worth of stock

Independent Director recently sold CA$33m worth of stock

Broker Revenue Forecasts For Canadian Natural Resources Limited (TSE:CNQ) Are Surging Higher

Canadian Natural Resources Limited Declares Quarterly Dividend, Payable on January 5, 2024; Provides Dividend Guidance for the Year 2023

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Canadian Natural Resources Limited Announces Executive Changes

Canadian Natural Resources Limited to Report Q3, 2023 Results on Nov 02, 2023

Independent Director recently sold CA$34m worth of stock

Independent Director recently sold CA$1.3m worth of stock

President & Director exercised options and sold CA$2.2m worth of stock

The Return Trends At Canadian Natural Resources (TSE:CNQ) Look Promising

Upcoming dividend of CA$0.90 per share at 4.0% yield

President & Director exercised options and sold CA$2.1m worth of stock

Is Canadian Natural Resources (TSE:CNQ) Using Too Much Debt?

President & Director exercised options and sold CA$1.8m worth of stock

Independent Director recently sold CA$6.4m worth of stock

Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 30% Undervaluation?

Canadian Natural Resources Limited Declares Quarterly Cash Dividend, Payable on October 5, 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations

Canadian Natural Resources Limited to Report Q2, 2023 Results on Aug 03, 2023

Independent Director recently sold CA$1.1m worth of stock

Independent Director recently sold CA$1.1m worth of stock

Independent Director recently sold CA$1.1m worth of stock

Upcoming dividend of CA$0.90 per share at 4.8% yield

Independent Director recently sold CA$1.1m worth of stock

Independent Director recently sold CA$4.5m worth of stock

Is Canadian Natural Resources (TSE:CNQ) A Risky Investment?

Canadian Natural Resources (TSE:CNQ) Is Doing The Right Things To Multiply Its Share Price

Canadian Natural Resources Limited Declares Quarterly Cash Dividend, Payable on July 5, 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates fall by 10%

Director recently sold CA$1.2m worth of stock

We Ran A Stock Scan For Earnings Growth And Canadian Natural Resources (TSE:CNQ) Passed With Ease

Director recently sold CA$122k worth of stock

Consensus EPS estimates fall by 18%

Director recently sold CA$507k worth of stock

Upcoming dividend of CA$0.90 per share at 4.5% yield

Full year 2022 earnings: EPS and revenues miss analyst expectations

These 4 Measures Indicate That Canadian Natural Resources (TSE:CNQ) Is Using Debt Safely