Investment Analysts’ Recent Ratings Changes for Canadian Natural Resources (CNQ)

Posted by on Aug 17th, 2026

Several brokerages have updated their recommendations and price targets on shares of Canadian Natural Resources (NYSE: CNQ) in the last few weeks:

  • 8/15/2026 – Canadian Natural Resources was upgraded by Wall Street Zen from “hold” to “buy”.
  • 8/7/2026 – Canadian Natural Resources had its “buy (b-)” rating reaffirmed by Weiss Ratings.
  • 8/7/2026 – Canadian Natural Resources had its “sector perform” rating reaffirmed by Scotiabank.
  • 8/7/2026 – Canadian Natural Resources had its “buy” rating reaffirmed by TD Securities.
  • 7/21/2026 – Canadian Natural Resources was upgraded by Zacks Research from “hold” to “strong-buy”.
  • 7/16/2026 – Canadian Natural Resources was upgraded by Desjardins to “hold”.
  • 6/26/2026 – Canadian Natural Resources was upgraded by Scotiabank to “hold”.

Canadian Natural Resources Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be paid a $0.625 dividend. The ex-dividend date is Friday, September 11th. This represents a $2.50 annualized dividend and a dividend yield of 5.2%. Canadian Natural Resources’s payout ratio is 44.69%.

Canadian Natural Resources Limited (NYSE: CNQ) is a Calgary-based independent oil and natural gas exploration and production company. Established in the early 1970s and publicly listed in Canada and the United States, the company is principally engaged in the exploration, development, production, and marketing of crude oil, natural gas and natural gas liquids. Its asset base spans conventional and unconventional reservoirs and includes oil sands mining and in-situ thermal projects, midstream processing and upgrading capacity, and related field operations.

The company’s operations are concentrated in Western Canada, where it develops heavy crude, bitumen from oil sands and conventional light crude and natural gas resources.

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