CNQ.TO Canadian Natural Resources (TSX) pre-market Jan 28 2026: C$49.81 and earnings Feb 26
First look: CNQ.TO stock trades C$49.81 in pre-market on 28 Jan 2026 after modest buying that left volume at 6,474,327 shares. The oil and gas producer shows a one-day rise of 0.77%, driven by dividend updates and fresh institutional filings. With a P/E of 15.71 and a yield near 4.72%, today’s flow keeps CNQ.TO stock among the most active TSX names ahead of an earnings release on 26 Feb 2026. We break down the trading action, valuation, technicals and Meyka AI model forecasts for investors watching pre-market activity.
Pre-market trading and most active flow for CNQ.TO stock
CNQ.TO stock opened pre-market at C$49.50 and is changing hands at C$49.81, up C$0.38 (0.77%) from the previous close of C$49.43. Volume sits at 6,474,327 vs an average daily volume of 17,136,672, producing a relative volume of 0.38. That trading makes CNQ.TO one of the TSX’s most active names this pre-market session. Market drivers include a recent dividend hike, incremental institutional buying reported by MarketBeat, and continued attention to oil price swings source.
Fundamentals and valuation snapshot for CNQ.TO stock
Canadian Natural Resources Limited (CNQ.TO) posts a market cap near C$103.76 billion, trailing metrics that support income-focused investors. Key figures: EPS C$3.17, P/E 15.71, Price/Book 2.54, EV/EBITDA 6.85, and Dividend per share C$2.35 (yield ~4.72%). Free cash flow per share is C$3.94, and payout ratio is 71.45%. These numbers show a value-oriented energy name with above-average yield and solid cash generation, though payout sustainability will track commodity cycles and capex.
Technicals and trading signals for CNQ.TO stock
Technicals for CNQ.TO stock are mixed. The 50-day average is C$46.38 and the 200-day average is C$43.83, with the stock trading above both. Momentum indicators show RSI 47.66, MACD -0.50 (signal -0.37) and ATR 1.29, suggesting neutral momentum and moderate intraday range. Recent coverage flagged a bullish cross of the 200-day MA, and the stock’s Bollinger middle band C$44.84 supports a consolidation range. Traders should watch the earnings date and intraday volatility around oil headlines. For live data see Meyka’s CNQ.TO page for streaming indicators.
Catalysts, earnings timetable and analyst views for CNQ.TO stock
Near-term catalysts for CNQ.TO stock include the company’s earnings announcement on 26 Feb 2026, the ongoing dividend narrative, and macro oil supply developments. MarketBeat lists a price target of C$53.36 while the broader consensus target sits around C$48.50, reflecting a split between Buy and Hold calls source. Institutional filings show modest stake increases by funds, supporting liquidity and headline interest. Analysts will focus on production volumes, cash flow, and capex guidance at the report.
Meyka AI rates CNQ.TO with a score out of 100 and forecast for CNQ.TO stock
Meyka AI rates CNQ.TO with a score out of 100: 76.89 | Grade: B+ | Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a yearly target of C$40.93 and a quarterly projection of C$44.70. Compared with the current price C$49.81, the model implies a yearly downside of -17.86% and a quarterly downside of -10.22%. Forecasts are model-based projections and not guarantees. The grade balances strong cash flow and dividend yield against cyclical earnings exposure.
Risks and sector drivers for CNQ.TO stock
CNQ.TO stock faces standard energy-sector risks: commodity price volatility, geopolitical shifts, and refining or export capacity changes. Debt metrics show debt/equity 0.43 and interest coverage 16.86, which reduce solvency risk but do not eliminate earnings sensitivity to oil prices. Regional supply shocks or policy shifts could swing margins quickly. On the opportunity side, CNQ’s large asset base, diversified production and recent dividend increases support income investors during stable or rising oil prices. Sector commentary and external data tracking matter for next moves source.
Final Thoughts
Key takeaways: CNQ.TO stock is trading C$49.81 pre-market on 28 Jan 2026 and remains one of the TSX’s most active names due to dividend news and institutional activity. Fundamentals show a P/E 15.71, market cap C$103.76B, and a dividend yield near 4.72%, supporting an income case. Technically the stock sits above both the 50- and 200-day averages, but momentum is neutral. Meyka AI’s forecast model projects C$40.93 over 12 months (model-based), implying -17.86% from the current price, while some sell-side targets (MarketBeat) are at C$53.36, implying +7.12%. Investors looking at CNQ.TO stock should weigh yield and cash flow against commodity cyclicality and the upcoming earnings on 26 Feb 2026. Forecasts are model projections and not guarantees; use them alongside your own due diligence and consider position sizing if trading around earnings or oil-driven headlines. Meyka AI provides this as an AI-powered market analysis platform insight, not investment advice.
FAQs
What is driving CNQ.TO stock’s recent activity in pre-market trading?
Pre-market activity in CNQ.TO stock is driven by a dividend increase, filings showing institutional stake changes, and oil price movements. Volume of 6,474,327 vs average 17,136,672 kept CNQ.TO among the most active TSX names.
How does Meyka AI view CNQ.TO stock and its near-term forecast?
Meyka AI rates CNQ.TO with a score 76.89 (B+, BUY). Meyka AI’s forecast model projects C$40.93 for one year, implying roughly -17.86% vs the current C$49.81. Forecasts are model projections and not guarantees.
What are the key valuation metrics for CNQ.TO stock investors should watch?
Investors should monitor P/E 15.71, EPS C$3.17, Price/Book 2.54, EV/EBITDA 6.85, dividend C$2.35 (yield ~4.72%) and payout ratio 71.45% as core valuation and sustainability metrics for CNQ.TO stock.
When is the next earnings report for CNQ.TO stock and why does it matter?
Canadian Natural Resources reports earnings on 26 Feb 2026. The release matters for CNQ.TO stock because analysts will update guidance on production, capex and cash flow, which directly affect dividend outlook and short-term price moves.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
