C$1,000 invested in Canadian Natural Resources on November 5, 2025, would have been worth C$1,603 on November 4, 2026.
Over that year, Canadian Natural Resources Ltd. (TSX: CNQ) rose from an adjusted close of C$43.18 to C$69.20. That’s a hypothetical return of 60.3%, before fees and tax. Dividends are included in the adjusted prices; nothing else is added. This describes a past period, not what the shares will do next.
Investor takeaway: The figures show a strong one-year result for a hypothetical lump-sum investment held throughout the period. They don’t account for your costs or taxes, and past returns aren’t a forecast.
Canadian Natural Resources Ltd
CNQ.TO
CNQ.TO
Canadian Natural Resources Ltd
WealthAwesomeMarket cap
$142.66B
P/E
12.3x
Div. yield
3.23%
Div. / share
$2.42
52W high
$78.60
52W low
$40.50
1W change
-9.87%
Beta
0.91
Analyst Price Targets
Based on analyst covering CNQ · as of Nov 2, 2026
Wall Street analysts forecast CNQ stock price to rise 8.9% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$75.38
+8.9% Upside
Previously C$75.05 on Oct 26, 2026
Current Price
C$69.20
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CNQ's historical volatility
30-Day Vol
35.7%
Annualized
90-Day Vol
31.7%
Annualized
Trend (90d)
+24.7%
Annualized drift
90d Mean
C$75.59
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$71.27 | C$63.00 – C$80.62 |
| 60 trading days | C$73.40 | C$61.65 – C$87.38 |
| 90 trading days | C$75.59 | C$61.05 – C$93.59 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
C$1,000 became C$1,603
From November 5, 2025, to November 4, 2026, a hypothetical C$1,000 investment earned a 60.3% total return, based on adjusted closes and before fees and tax.
Bull case
The adjusted-close history showed a substantial gain over the year. The company’s latest market capitalisation in the snapshot was C$142.7 billion.
Bear case
A gain over this period doesn’t tell you how the shares will perform in the future. The snapshot’s trailing P/E of 12.3 is a current valuation measure and wasn’t used to calculate the return.
What the one-year calculation showed
The snapshot compared Canadian Natural Resources’ adjusted close of C$43.18 on November 5, 2025, with C$69.20 on November 4, 2026. Based on those prices, a hypothetical C$1,000 lump-sum investment held for the period would have been worth C$1,603, a total return of 60.3%.
The calculation uses adjusted closes and is before fees and tax. Dividends are included in the adjusted series; nothing else is added. The snapshot reported an annualized return of 60.5% over 1.00 years of data. For more company information, visit our Canadian Natural Resources stock page.
Putting the result in context
Canadian Natural Resources Ltd. operates in the Energy sector. The snapshot listed its latest market capitalisation as C$142.7 billion and its trailing P/E as 12.3. The P/E wasn’t part of the return calculation.
The result reflects only the adjusted closes on the dates shown. It doesn’t show how the shares performed each day in between or predict what a future investment might return. Find more coverage on the CNQ.TO stock page.
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