canadian natural resources ltd. - CNQ

CNQ

Close Chg Chg %
49.36 -0.64 -1.30%

Closed Market

48.72

-0.64 (1.30%)

Volume: 13.62M

Last Updated:

Mar 31, 2026, 3:59 PM EDT

Company Overview: canadian natural resources ltd. - CNQ

CNQ Key Data

Open

$49.41

Day Range

47.47 - 50.15

52 Week Range

24.66 - 51.34

Market Cap

$102.98B

Shares Outstanding

2.09B

Public Float

2.04B

Beta

0.65

Rev. Per Employee

N/A

P/E Ratio

13.33

EPS

$3.70

Yield

340.63%

Dividend

$0.46

EX-DIVIDEND DATE

Mar 20, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

13.28M

 

CNQ Performance

1 Week
 
-2.72%
 
1 Month
 
11.33%
 
3 Months
 
43.96%
 
1 Year
 
76.69%
 
5 Years
 
208.61%
 

CNQ Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 23
Full Ratings ➔

About canadian natural resources ltd. - CNQ

Canadian Natural Resources Ltd. is an oil and natural gas production company, which engages in the exploration, development, marketing, and production of crude oil and natural gas. It operates through the following segments: Oil Sands Mining & Upgrading, Midstream & Refining, and Exploration & Production. The Oil Sands Mining & Upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations. The Midstream & Refining segment focuses on maintaining pipeline operations and investment. The Exploration & Production segment consists of operations in North America, largely in Western Canada, the United Kingdom portion of the North Sea, and Côte d’Ivoire and South Africa in Africa. The company was founded on November 7, 1973 and is headquartered in Calgary, Canada.

CNQ At a Glance

Canadian Natural Resources Ltd.
855-2 Street SW
Calgary, Alberta T2P 4J8
Phone 1-403-517-6700 Revenue 27.74B
Industry Integrated Oil Net Income 7.74B
Sector Energy Minerals 2025 Sales Growth 6.585%
Fiscal Year-end 12 / 2026 Employees 10,750
View SEC Filings

CNQ Valuation

P/E Current 13.332
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 9.159
Price to Sales Ratio 2.565
Price to Book Ratio 2.181
Price to Cash Flow Ratio 6.58
Enterprise Value to EBITDA 6.606
Enterprise Value to Sales 3.066
Total Debt to Enterprise Value 0.169

CNQ Efficiency

Revenue/Employee 2,580,546.016
Income Per Employee 720,331.972
Receivables Turnover 9.509
Total Asset Turnover 0.419

CNQ Liquidity

Current Ratio 0.951
Quick Ratio 0.625
Cash Ratio 0.083

CNQ Profitability

Gross Margin 23.273
Operating Margin 21.222
Pretax Margin 34.16
Net Margin 27.914
Return on Assets 11.706
Return on Equity 25.894
Return on Total Capital 16.562
Return on Invested Capital 18.038

CNQ Capital Structure

Total Debt to Total Equity 44.455
Total Debt to Total Capital 30.774
Total Debt to Total Assets 20.457
Long-Term Debt to Equity 42.62
Long-Term Debt to Total Capital 29.504
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Canadian Natural Resources Ltd. - CNQ

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
32.49B 26.65B 26.03B 27.74B
Sales Growth
+35.52% -17.98% -2.33% +6.58%
Cost of Goods Sold (COGS) incl D&A
20.22B 18.20B 18.36B 21.28B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
5.86B 5.02B 5.16B 6.99B
Depreciation
5.86B 5.02B 5.16B 6.99B
Amortization of Intangibles
- - - -
-
COGS Growth
+28.89% -9.99% +0.87% +15.96%
Gross Income
12.27B 8.45B 7.67B 6.46B
Gross Income Growth
+48.08% -31.14% -9.24% -15.84%
Gross Profit Margin
+37.78% +31.71% +29.47% +23.27%
2022 2023 2024 2025 5-year trend
SG&A Expense
936.36M 698.68M 570.82M 568.96M
Research & Development
- - - -
-
Other SG&A
936.36M 698.68M 570.82M 568.96M
SGA Growth
+33.40% -25.38% -18.30% -0.33%
Other Operating Expense
- - - -
-
Unusual Expense
(161.31M) (16.30M) (29.93M) 50.81M
EBIT after Unusual Expense
11.50B 7.77B 7.13B 5.84B
Non Operating Income/Expense
(457.81M) 274.14M (756.23M) 4.38B
Non-Operating Interest Income
92.94M 40.75M 59.13M 146.71M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
514.65M 511.97M 491.25M 743.58M
Interest Expense Growth
-13.16% -0.52% -4.05% +51.36%
Gross Interest Expense
514.65M 511.97M 491.25M 743.58M
Interest Capitalized
- - - -
-
Pretax Income
10.53B 7.53B 5.88B 9.48B
Pretax Income Growth
+33.16% -28.45% -21.89% +61.09%
Pretax Margin
+32.40% +28.26% +22.60% +34.16%
Income Tax
2.13B 1.43B 1.43B 1.73B
Income Tax - Current - Domestic
2.23B 1.39B 1.12B 1.37B
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(106.77M) 39.27M 308.04M 364.99M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
8.40B 6.10B 4.46B 7.74B
Minority Interest Expense
- - - -
-
Net Income
8.40B 6.10B 4.46B 7.74B
Net Income Growth
+37.43% -27.39% -26.93% +73.74%
Net Margin Growth
+25.86% +22.89% +17.12% +27.91%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
8.40B 6.10B 4.46B 7.74B
Preferred Dividends
- - - -
-
Net Income Available to Common
8.40B 6.10B 4.46B 7.74B
EPS (Basic)
3.7011 2.7948 2.0967 3.7031
EPS (Basic) Growth
+43.04% -24.49% -24.98% +76.62%
Basic Shares Outstanding
2.27B 2.18B 2.13B 2.09B
EPS (Diluted)
3.6553 2.7674 2.0823 3.6911
EPS (Diluted) Growth
+41.90% -24.29% -24.76% +77.26%
Diluted Shares Outstanding
2.30B 2.20B 2.14B 2.10B
EBITDA
17.20B 12.78B 12.26B 12.87B
EBITDA Growth
+39.85% -25.73% -4.03% +5.01%
EBITDA Margin
+52.94% +47.94% +47.11% +46.41%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 45.153
Number of Ratings 23 Current Quarters Estimate 0.817
FY Report Date 06 / 2026 Current Year's Estimate 2.616
Last Quarter’s Earnings 0.587 Median PE on CY Estimate N/A
Year Ago Earnings 2.594 Next Fiscal Year Estimate 2.767
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 9 9 12 11
Mean Estimate 0.82 0.75 2.62 2.77
High Estimates 1.42 1.26 4.73 3.55
Low Estimate 0.30 0.40 1.43 1.74
Coefficient of Variance 54.97 39.80 44.29 22.70

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 10 12 14
OVERWEIGHT 0 1 1
HOLD 11 11 10
UNDERWEIGHT 2 1 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Canadian Natural Resources Ltd. in the News