Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
32.30
+0.22 (0.69%)
At close: Jan 12, 2026, 4:00 PM EST
32.43
+0.13 (0.40%)
Pre-market: Jan 13, 2026, 9:04 AM EST

Canadian Natural Resources Statistics

Total Valuation

Canadian Natural Resources has a market cap or net worth of $67.29 billion. The enterprise value is $80.70 billion.

Market Cap67.29B
Enterprise Value 80.70B

Important Dates

The next estimated earnings date is Thursday, March 5, 2026, before market open.

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

Share Statistics

Canadian Natural Resources has 2.08 billion shares outstanding. The number of shares has decreased by -2.31% in one year.

Current Share Class 2.08B
Shares Outstanding 2.08B
Shares Change (YoY) -2.31%
Shares Change (QoQ) -0.27%
Owned by Insiders (%) 2.22%
Owned by Institutions (%) 73.32%
Float 2.04B

Valuation Ratios

The trailing PE ratio is 14.21 and the forward PE ratio is 16.65.

PE Ratio 14.21
Forward PE 16.65
PS Ratio 2.43
Forward PS 1.72
PB Ratio 2.32
P/TBV Ratio 2.32
P/FCF Ratio 11.49
P/OCF Ratio 6.35
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.01, with an EV/FCF ratio of 13.78.

EV / Earnings 16.89
EV / Sales 2.91
EV / EBITDA 7.01
EV / EBIT 12.67
EV / FCF 13.78

Financial Position

The company has a current ratio of 0.86, with a Debt / Equity ratio of 0.46.

Current Ratio 0.86
Quick Ratio 0.46
Debt / Equity 0.46
Debt / EBITDA 1.15
Debt / FCF 2.29
Interest Coverage 9.19

Financial Efficiency

Return on equity (ROE) is 16.56% and return on invested capital (ROIC) is 10.03%.

Return on Equity (ROE) 16.56%
Return on Assets (ROA) 6.90%
Return on Invested Capital (ROIC) 10.03%
Return on Capital Employed (ROCE) 11.48%
Revenue Per Employee $2.76M
Profits Per Employee $476,117
Employee Count10,035
Asset Turnover 0.48
Inventory Turnover 7.45

Taxes

In the past 12 months, Canadian Natural Resources has paid $950.54 million in taxes.

Income Tax 950.54M
Effective Tax Rate 16.59%

Stock Price Statistics

The stock price has decreased by -1.34% in the last 52 weeks. The beta is 1.09, so Canadian Natural Resources's price volatility has been similar to the market average.

Beta (5Y) 1.09
52-Week Price Change -1.34%
50-Day Moving Average 32.83
200-Day Moving Average 31.38
Relative Strength Index (RSI) 48.05
Average Volume (20 Days) 8,540,993

Short Selling Information

The latest short interest is 80.08 million, so 3.84% of the outstanding shares have been sold short.

Short Interest 80.08M
Short Previous Month 17.50M
Short % of Shares Out 3.84%
Short % of Float 3.93%
Short Ratio (days to cover) 22.15

Income Statement

In the last 12 months, Canadian Natural Resources had revenue of $27.73 billion and earned $4.78 billion in profits. Earnings per share was $2.27.

Revenue27.73B
Gross Profit 13.54B
Operating Income 6.37B
Pretax Income 5.73B
Net Income 4.78B
EBITDA 11.51B
EBIT 6.37B
Earnings Per Share (EPS) $2.27
Full Income Statement

Balance Sheet

The company has $81.13 million in cash and $13.44 billion in debt, with a net cash position of -$13.36 billion or -$6.41 per share.

Cash & Cash Equivalents 81.13M
Total Debt 13.44B
Net Cash -13.36B
Net Cash Per Share -$6.41
Equity (Book Value) 29.05B
Book Value Per Share 13.93
Working Capital -812.70M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $10.60 billion and capital expenditures -$4.77 billion, giving a free cash flow of $5.86 billion.

Operating Cash Flow 10.60B
Capital Expenditures -4.77B
Free Cash Flow 5.86B
FCF Per Share $2.81
Full Cash Flow Statement

Margins

Gross margin is 48.85%, with operating and profit margins of 22.97% and 17.23%.

Gross Margin 48.85%
Operating Margin 22.97%
Pretax Margin 20.66%
Profit Margin 17.23%
EBITDA Margin 41.50%
EBIT Margin 22.97%
FCF Margin 21.12%

Dividends & Yields

This stock pays an annual dividend of $1.69, which amounts to a dividend yield of 5.24%.

Dividend Per Share $1.69
Dividend Yield 5.24%
Dividend Growth (YoY) 8.95%
Years of Dividend Growth 2
Payout Ratio 74.51%
Buyback Yield 2.31%
Shareholder Yield 7.55%
Earnings Yield 7.10%
FCF Yield 8.70%
Dividend Details

Analyst Forecast

The average price target for Canadian Natural Resources is $48.50, which is 50.16% higher than the current price. The consensus rating is "Strong Buy".

Price Target $48.50
Price Target Difference 50.16%
Analyst Consensus Strong Buy
Analyst Count 2
Revenue Growth Forecast (5Y) 1.65%
EPS Growth Forecast (5Y) 4.18%
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 2.48 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.48
Piotroski F-Score 6