Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
48.58
-0.84 (-1.70%)
May 20, 2026, 11:25 AM EDT - Market open

Canadian Natural Resources Statistics

Total Valuation

Canadian Natural Resources has a market cap or net worth of $102.71 billion. The enterprise value is $116.67 billion.

Market Cap102.71B
Enterprise Value 116.67B

Important Dates

The last earnings date was Thursday, May 7, 2026, before market open.

Earnings Date May 7, 2026
Ex-Dividend Date Mar 20, 2026

Share Statistics

Canadian Natural Resources has 2.08 billion shares outstanding. The number of shares has decreased by -1.56% in one year.

Current Share Class 2.08B
Shares Outstanding 2.08B
Shares Change (YoY) -1.56%
Shares Change (QoQ) +0.33%
Owned by Insiders (%) 2.17%
Owned by Institutions (%) 77.70%
Float 2.03B

Valuation Ratios

The trailing PE ratio is 14.64 and the forward PE ratio is 11.26.

PE Ratio 14.64
Forward PE 11.26
PS Ratio 3.71
Forward PS 2.18
PB Ratio 3.21
P/TBV Ratio 3.21
P/FCF Ratio 21.97
P/OCF Ratio 10.16
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.01, with an EV/FCF ratio of 24.96.

EV / Earnings 16.77
EV / Sales 4.22
EV / EBITDA 11.01
EV / EBIT 22.57
EV / FCF 24.96

Financial Position

The company has a current ratio of 0.98, with a Debt / Equity ratio of 0.45.

Current Ratio 0.98
Quick Ratio 0.64
Debt / Equity 0.45
Debt / EBITDA 1.32
Debt / FCF 3.07
Interest Coverage 6.60

Financial Efficiency

Return on equity (ROE) is 22.82% and return on invested capital (ROIC) is 9.27%.

Return on Equity (ROE) 22.82%
Return on Assets (ROA) 5.04%
Return on Invested Capital (ROIC) 9.27%
Return on Capital Employed (ROCE) 8.53%
Weighted Average Cost of Capital (WACC) 8.68%
Revenue Per Employee $2.76M
Profits Per Employee $693,202
Employee Count10,035
Asset Turnover 0.43
Inventory Turnover 7.07

Taxes

In the past 12 months, Canadian Natural Resources has paid $1.55 billion in taxes.

Income Tax 1.55B
Effective Tax Rate 18.22%

Stock Price Statistics

The stock price has increased by +60.44% in the last 52 weeks. The beta is 0.91, so Canadian Natural Resources's price volatility has been similar to the market average.

Beta (5Y) 0.91
52-Week Price Change +60.44%
50-Day Moving Average 47.19
200-Day Moving Average 37.28
Relative Strength Index (RSI) 60.66
Average Volume (20 Days) 9,812,750

Short Selling Information

The latest short interest is 22.61 million, so 1.09% of the outstanding shares have been sold short.

Short Interest 22.61M
Short Previous Month 100.42M
Short % of Shares Out 1.09%
Short % of Float 1.11%
Short Ratio (days to cover) 0.78

Income Statement

In the last 12 months, Canadian Natural Resources had revenue of $27.68 billion and earned $6.96 billion in profits. Earnings per share was $3.32.

Revenue27.68B
Gross Profit 13.47B
Operating Income 5.17B
Pretax Income 8.51B
Net Income 6.96B
EBITDA 10.60B
EBIT 5.17B
Earnings Per Share (EPS) $3.32
Full Income Statement

Balance Sheet

The company has $578.85 million in cash and $14.34 billion in debt, with a net cash position of -$13.76 billion or -$6.62 per share.

Cash & Cash Equivalents 578.85M
Total Debt 14.34B
Net Cash -13.76B
Net Cash Per Share -$6.62
Equity (Book Value) 31.98B
Book Value Per Share 15.33
Working Capital -108.89M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $10.10 billion and capital expenditures -$5.49 billion, giving a free cash flow of $4.67 billion.

Operating Cash Flow 10.10B
Capital Expenditures -5.49B
Depreciation & Amortization 5.51B
Net Borrowing -268.65M
Free Cash Flow 4.67B
FCF Per Share $2.25
Full Cash Flow Statement

Margins

Gross margin is 48.67%, with operating and profit margins of 18.67% and 25.13%.

Gross Margin 48.67%
Operating Margin 18.67%
Pretax Margin 30.74%
Profit Margin 25.13%
EBITDA Margin 38.30%
EBIT Margin 18.67%
FCF Margin 16.89%

Dividends & Yields

This stock pays an annual dividend of $1.74, which amounts to a dividend yield of 3.58%.

Dividend Per Share $1.74
Dividend Yield 3.58%
Dividend Growth (YoY) 10.46%
Years of Dividend Growth 2
Payout Ratio 52.43%
Buyback Yield 1.56%
Shareholder Yield 5.08%
Earnings Yield 6.77%
FCF Yield 4.55%
Dividend Details

Analyst Forecast

The average price target for Canadian Natural Resources is $62.78, which is 29.23% higher than the current price. The consensus rating is "Buy".

Price Target $62.78
Price Target Difference 29.23%
Analyst Consensus Buy
Analyst Count 22
Revenue Growth Forecast (5Y) 1.64%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on June 11, 2024. It was a forward split with a ratio of 2:1.

Last Split Date Jun 11, 2024
Split Type Forward
Split Ratio 2:1

Scores

Canadian Natural Resources has an Altman Z-Score of 2.33 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.33
Piotroski F-Score 5