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%.
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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