company background image
CNQ logo

Canadian Natural Resources TSX:CNQ Stock Report

Last Price

CA$44.82

Market Cap

CA$93.0b

7D

0.8%

1Y

-15.5%

Updated

01 Apr, 2025

Data

Company Financials +

Canadian Natural Resources Limited

TSX:CNQ Stock Report

Market Cap: CA$93.0b

CNQ Stock Overview

Engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. More details

CNQ fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health3/6
Dividends5/6

Canadian Natural Resources Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Canadian Natural Resources
Historical stock prices
Current Share PriceCA$44.82
52 Week HighCA$56.50
52 Week LowCA$37.11
Beta1.85
1 Month Change9.72%
3 Month Change0.99%
1 Year Change-15.52%
3 Year Change14.63%
5 Year Change380.13%
Change since IPO29,170.20%

Recent News & Updates

Canadian Natural Resources Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Mar 28
Canadian Natural Resources Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

The Return Trends At Canadian Natural Resources (TSE:CNQ) Look Promising

Feb 28
The Return Trends At Canadian Natural Resources (TSE:CNQ) Look Promising

Recent updates

Canadian Natural Resources Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Mar 28
Canadian Natural Resources Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

The Return Trends At Canadian Natural Resources (TSE:CNQ) Look Promising

Feb 28
The Return Trends At Canadian Natural Resources (TSE:CNQ) Look Promising

Canadian Natural Resources Limited's (TSE:CNQ) Popularity With Investors Is Under Threat From Overpricing

Jan 04
Canadian Natural Resources Limited's (TSE:CNQ) Popularity With Investors Is Under Threat From Overpricing

These 4 Measures Indicate That Canadian Natural Resources (TSE:CNQ) Is Using Debt Reasonably Well

Nov 29
These 4 Measures Indicate That Canadian Natural Resources (TSE:CNQ) Is Using Debt Reasonably Well

Returns On Capital Are Showing Encouraging Signs At Canadian Natural Resources (TSE:CNQ)

Nov 12
Returns On Capital Are Showing Encouraging Signs At Canadian Natural Resources (TSE:CNQ)
author-image

Chevron Asset Acquisition Fuels Dynamic Growth Strategy And Boosts Profit Potential

Nov 07 The acquisition and infrastructure expansions aim to increase production and transport capacity, potentially boosting revenues, netbacks, and profit margins.

Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 37% Undervaluation?

Aug 24
Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 37% Undervaluation?

Canadian Natural Resources Limited Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next

May 04
Canadian Natural Resources Limited Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next

Canadian Natural Resources Limited's (TSE:CNQ) Shares May Have Run Too Fast Too Soon

Apr 05
Canadian Natural Resources Limited's (TSE:CNQ) Shares May Have Run Too Fast Too Soon

Shareholder Returns

CNQCA Oil and GasCA Market
7D0.8%-0.8%-1.2%
1Y-15.5%3.7%9.9%

Return vs Industry: CNQ underperformed the Canadian Oil and Gas industry which returned 3.7% over the past year.

Return vs Market: CNQ underperformed the Canadian Market which returned 9.9% over the past year.

Price Volatility

Is CNQ's price volatile compared to industry and market?
CNQ volatility
CNQ Average Weekly Movement3.6%
Oil and Gas Industry Average Movement7.0%
Market Average Movement8.6%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market3.3%

Stable Share Price: CNQ has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: CNQ's weekly volatility (4%) has been stable over the past year.

Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

About the Company

FoundedEmployeesCEOWebsite
197310,640Scott Stauthwww.cnrl.com

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO). Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose.

Canadian Natural Resources Limited Fundamentals Summary

How do Canadian Natural Resources's earnings and revenue compare to its market cap?
CNQ fundamental statistics
Market capCA$92.99b
Earnings (TTM)CA$6.11b
Revenue (TTM)CA$35.66b

15.4x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CNQ income statement (TTM)
RevenueCA$35.66b
Cost of RevenueCA$18.08b
Gross ProfitCA$17.58b
Other ExpensesCA$11.47b
EarningsCA$6.11b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.91
Gross Margin49.30%
Net Profit Margin17.12%
Debt/Equity Ratio47.7%

How did CNQ perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

74%

Payout Ratio

Does CNQ pay a reliable dividends?

See CNQ dividend history and benchmarks
When do you need to buy CNQ by to receive an upcoming dividend?
Canadian Natural Resources dividend dates
Ex Dividend DateMar 21 2025
Dividend Pay DateApr 04 2025
Days until Ex dividend12 days
Days until Dividend pay date2 days

Does CNQ pay a reliable dividends?

See CNQ dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/01 21:51
End of Day Share Price 2025/04/01 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Canadian Natural Resources Limited is covered by 52 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Patrick O'RourkeATB Capital Markets
Thomas DriscollBarclays