Canadian Natural Resources stock: BMO keeps CAD 75 target for Canadian Natural Resources stock

Published on 10/20/2026 at 16:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due November 5, 2026. Canadian Natural Resources stock costs EUR 48.42 on October 20, 2026, up 2.21 percent versus the Frankfurt close.

Analyst target and reporting date

BMO Capital kept a CAD 75.00 target and Buy rating on October 16, 2026.
Canadian Natural Resources is scheduled to report third-quarter results on November 5, 2026.
Canadian Natural Resources stock costs EUR 48.42 at Lang & Schwarz on October 20, 2026 at 4:00 p.m. CEST, plus 2.21 percent versus the Frankfurt close of October 19, 2026.
Second-quarter revenue reached CAD 14.7 billion, up 70.00 percent year over year.

CNQ, CA1363851017, Illustration mit AI erstellt.

Canadian Natural Resources Limited is scheduled to report third-quarter results on November 5, 2026, while BMO Capital maintained a Buy rating and a CAD 75.00 target on October 16, 2026, according to Markets Insider. At Lang & Schwarz, the stock was trading at EUR 48.42 on October 20, 2026 at 4:00 p.m. CEST, up 2.21 percent versus the Frankfurt close of October 19, 2026 at EUR 47.38.

Quarterly results set the benchmark

Canadian Natural's second-quarter revenue reached CAD 14.7 billion, up 70.00 percent from the second quarter of 2025. Net income was CAD 4.50 billion and the profit margin was 31.00 percent, according to Simply Wall St. The same report cited second-quarter production of 1,677,000 barrels of oil equivalent per day, giving investors an operating measure alongside the sharp revenue increase.

Stock price and valuation in view

The euro quotation is 2.21 percent above the Frankfurt close used for German investors. The Canadian listing remains the main reference for the company's home market, where Canadian Natural Resources had a market capitalization of CAD 144.0 billion as of October 19, 2026, according to Simply Wall St.

What does the target imply?

BMO's CAD 75.00 target sits below the latest Canadian quote cited in the report, so the target is a cautious counterweight to the company's recent operating figures. MarketScreener lists 23 analysts with an average target of CAD 73.95 and an Outperform consensus, while its calendar names November 5, 2026 for the third-quarter earnings release.

Dates and investor context

The key dates are October 16, 2026 for BMO Capital's rating and November 5, 2026 for the next results. Canadian Natural Resources operates in Western Canada, the U.K. portion of the North Sea and Offshore Africa, with oil sands, natural gas and midstream activities forming the main operating mix.

Canadian Natural Resources stock stays above Frankfurt close

The market has a defined near-term test: the November report must put the CAD 14.7 billion second-quarter revenue base and 1,677,000 barrels of oil equivalent per day production figure into a new quarterly context. Canadian Natural Resources stock was trading at EUR 48.42 at Lang & Schwarz on October 20, 2026 at 4:00 p.m. CEST, plus 2.21 percent versus the Frankfurt close of October 19, 2026 at EUR 47.38. The further course of trading is shown by the continuously updated real-time quote of Canadian Natural Resources stock.