Canadian Natural Resources Future Growth
Future criteria checks 2/6
Canadian Natural Resources is forecast to grow earnings and revenue by 4.4% and 1% per annum respectively. EPS is expected to grow by 6.1% per annum. Return on equity is forecast to be 23.5% in 3 years.
Key information
4.4%
Earnings growth rate
6.1%
EPS growth rate
| Oil and Gas earnings growth | 2.1% |
| Revenue growth rate | 1.0% |
| Future return on equity | 23.5% |
| Analyst coverage | Good |
| Last updated | 26 Apr 2024 |
Recent future growth updates
No updates
Recent updates
Canadian Natural Resources: Expect Huge Shareholder Returns
Apr 06Canadian Natural Resources: Fully Priced, Good Time To Consider Switching
Mar 22Canadian Natural: Solid Performance, But Valuation Remains A Headwind
Feb 07A 12% Distribution Yield At $80 WTI Is Why I Sold Exxon To Buy Canadian Natural Resources
Jan 12Canadian Natural Resources: Dividend Increases And Share Buybacks Holding Up Valuation Despite Deteriorating Fundamentals
Jan 04Canadian Natural Resources: 2024, The Year Of The Shareholder
Nov 11>16% Yield Potential - Why I Believe Canadian Natural Is The Best Oil Stock Money Can Buy
Nov 0418% Yield Potential At $100 Oil: Why Canadian Natural Is My Favorite Oil Play
Sep 25Canadian Natural Resources Is One Of The Best Oil Stocks Money Can Buy
Aug 04Canadian Natural Resources: My Only Dividend Growth Investment
Jul 18Canadian Natural Resources: Looking To Add More Stock To My Portfolio
Jun 28Canadian Natural Resources: One Of The Best In The Industry
Jun 14Canadian Natural Resources: One Of The Safest Ways To Play Oil
Feb 09Canadian Natural Resources: 2023 Dividend Yield 5%, Together With Large Margin Of Safety
Jan 12Canadian Natural Resources: A Changing Story You Need To Know
Dec 14Canadian Natural Resources raises dividend by ~13% to CAD 0.85/share
Nov 03Canadian Natural Resources: Don't Buy Here And Risk Getting Trapped
Oct 25Canadian Natural Resources: "OPEC+ Put" Ensures Prolonged Dividend Growth
Oct 05Canadian Natural Resources: 2023 Total Yield Will Be Even Better
Sep 12Canadian Natural Resources: A New Golden Era For Dividends
Aug 26Canadian Natural Resources: Oil Price Pullback Is A Buying Opportunity
Aug 04Buy The Canadian E&P Majors Now For Their Future Income Potential
Jul 21Canadian Natural Resources: Collect Your Combined Yield Of 10.6%
Jun 24Canadian Natural Resources: Still Room For Market-Beating Returns
May 12Canadian Natural Resources: 2022 - The Year Of The Shareholder
Apr 05Best Oil Stocks To Buy As Crude Prices Jump - Our Favorite Is CNQ
Mar 25Canadian Natural Resources: Biggest Dividend Increase In History, Plenty More Coming
Mar 04Canadian Natural Resources: A Dip Is Coming. Buy It
Feb 07Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 36,833 | 8,729 | 9,466 | N/A | 2 |
| 12/31/2025 | 36,519 | 9,533 | 9,768 | 15,821 | 5 |
| 12/31/2024 | 34,971 | 8,517 | 9,461 | 14,985 | 5 |
| 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 | 3,154 | 8,060 | N/A |
| 12/31/2017 | 17,342 | 2,397 | 2,564 | 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 |
| 6/30/2013 | 14,775 | 1,401 | N/A | 6,040 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNQ's forecast earnings growth (4.4% per year) is above the savings rate (2.3%).
Earnings vs Market: CNQ's earnings (4.4% per year) are forecast to grow slower than the US market (14.8% per year).
High Growth Earnings: CNQ's earnings are forecast to grow, but not significantly.
Revenue vs Market: CNQ's revenue (1% per year) is forecast to grow slower than the US market (8.2% per year).
High Growth Revenue: CNQ's revenue (1% per year) is forecast to grow slower than 20% 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 (23.5%)