Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
49.10
+0.12 (0.24%)
At close: Mar 18, 2026, 4:00 PM EDT
49.45
+0.35 (0.72%)
After-hours: Mar 18, 2026, 7:59 PM EDT

Canadian Natural Resources Statistics

Total Valuation

Canadian Natural Resources has a market cap or net worth of $102.82 billion. The enterprise value is $116.73 billion.

Market Cap102.82B
Enterprise Value 116.73B

Important Dates

The last earnings date was Thursday, March 5, 2026, before market open.

Earnings Date Mar 5, 2026
Ex-Dividend Date Dec 12, 2025

Share Statistics

Canadian Natural Resources has 2.09 billion shares outstanding. The number of shares has decreased by -1.99% in one year.

Current Share Class 2.09B
Shares Outstanding 2.09B
Shares Change (YoY) -1.99%
Shares Change (QoQ) -0.23%
Owned by Insiders (%) 2.17%
Owned by Institutions (%) 66.40%
Float 2.04B

Valuation Ratios

The trailing PE ratio is 13.03 and the forward PE ratio is 21.75.

PE Ratio 13.03
Forward PE 21.75
PS Ratio 3.64
Forward PS 2.54
PB Ratio 3.18
P/TBV Ratio 3.18
P/FCF Ratio 16.98
P/OCF Ratio 9.33
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.15, with an EV/FCF ratio of 19.28.

EV / Earnings 14.79
EV / Sales 4.13
EV / EBITDA 10.15
EV / EBIT 19.67
EV / FCF 19.28

Financial Position

The company has a current ratio of 0.95, with a Debt / Equity ratio of 0.44.

Current Ratio 0.95
Quick Ratio 0.58
Debt / Equity 0.44
Debt / EBITDA 1.22
Debt / FCF 2.38
Interest Coverage 7.83

Financial Efficiency

Return on equity (ROE) is 25.81% and return on invested capital (ROIC) is 10.86%.

Return on Equity (ROE) 25.81%
Return on Assets (ROA) 5.74%
Return on Invested Capital (ROIC) 10.86%
Return on Capital Employed (ROCE) 9.71%
Weighted Average Cost of Capital (WACC) 9.38%
Revenue Per Employee $2.82M
Profits Per Employee $786,384
Employee Count10,035
Asset Turnover 0.44
Inventory Turnover 7.38

Taxes

In the past 12 months, Canadian Natural Resources has paid $1.77 billion in taxes.

Income Tax 1.77B
Effective Tax Rate 18.28%

Stock Price Statistics

The stock price has increased by +64.60% in the last 52 weeks. The beta is 1.06, so Canadian Natural Resources's price volatility has been similar to the market average.

Beta (5Y) 1.06
52-Week Price Change +64.60%
50-Day Moving Average 39.98
200-Day Moving Average 33.94
Relative Strength Index (RSI) 84.21
Average Volume (20 Days) 10,685,511

Short Selling Information

The latest short interest is 62.81 million, so 3.01% of the outstanding shares have been sold short.

Short Interest 62.81M
Short Previous Month 18.82M
Short % of Shares Out 3.01%
Short % of Float 3.08%
Short Ratio (days to cover) 6.90

Income Statement

In the last 12 months, Canadian Natural Resources had revenue of $28.27 billion and earned $7.89 billion in profits. Earnings per share was $3.76.

Revenue28.27B
Gross Profit 13.70B
Operating Income 5.93B
Pretax Income 9.66B
Net Income 7.89B
EBITDA 11.50B
EBIT 5.93B
Earnings Per Share (EPS) $3.76
Full Income Statement

Balance Sheet

The company has $490.84 million in cash and $14.38 billion in debt, with a net cash position of -$13.89 billion or -$6.66 per share.

Cash & Cash Equivalents 490.84M
Total Debt 14.38B
Net Cash -13.89B
Net Cash Per Share -$6.66
Equity (Book Value) 32.36B
Book Value Per Share 15.54
Working Capital -291.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $11.02 billion and capital expenditures -$4.95 billion, giving a free cash flow of $6.06 billion.

Operating Cash Flow 11.02B
Capital Expenditures -4.95B
Free Cash Flow 6.06B
FCF Per Share $2.90
Full Cash Flow Statement

Margins

Gross margin is 48.46%, with operating and profit margins of 20.99% and 27.91%.

Gross Margin 48.46%
Operating Margin 20.99%
Pretax Margin 34.16%
Profit Margin 27.91%
EBITDA Margin 40.66%
EBIT Margin 20.99%
FCF Margin 21.42%

Dividends & Yields

This stock pays an annual dividend of $1.69, which amounts to a dividend yield of 3.45%.

Dividend Per Share $1.69
Dividend Yield 3.45%
Dividend Growth (YoY) 8.95%
Years of Dividend Growth 2
Payout Ratio 45.00%
Buyback Yield 1.99%
Shareholder Yield 5.44%
Earnings Yield 7.68%
FCF Yield 5.89%
Dividend Details

Analyst Forecast

The average price target for Canadian Natural Resources is $57.00, which is 16.09% higher than the current price. The consensus rating is "Strong Buy".

Price Target $57.00
Price Target Difference 16.09%
Analyst Consensus Strong Buy
Analyst Count 2
Revenue Growth Forecast (5Y) 0.35%
EPS Growth Forecast (5Y) -8.91%
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 2.36 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.36
Piotroski F-Score 6