
CNQ Stock Forecast & Price Target
CNQ Analyst Ratings
Bulls say
Canadian Natural Resources has consistently increased its gross AOSP production by approximately 50,000 barrels per day while successfully reducing unit costs from around $38 per barrel to about $25 per barrel. This focus on operational efficiency and cost management contributes to a strong value perspective for the company. Furthermore, continuous efforts towards operational and financial improvements are expected to enhance capacity and margin growth across its diverse portfolio.
Bears say
The negative outlook on Canadian Natural Resources (CNQ) is attributed to its ongoing struggle with high net debt levels, despite efforts to reduce it through free cash flow generation. The company's projected net debt at approximately $16.7 billion by the end of 2025 remains significant, particularly when contrasted with the anticipated $18.69 billion at the end of 2024. This persistent debt burden raises concerns regarding CNQ's financial flexibility and overall risk in a potentially volatile commodity market.
This aggregate rating is based on analysts' research of Canadian Natural Resources and is not a guaranteed prediction by Public.com or investment advice.
CNQ Analyst Forecast & Price Prediction
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