Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
48.38
+0.78 (1.64%)
Aug 14, 2026, 3:02 PM EDT - Market open

Canadian Natural Resources Statistics

Total Valuation

Canadian Natural Resources has a market cap or net worth of $98.12 billion. The enterprise value is $110.72 billion.

Market Cap98.12B
Enterprise Value 110.72B

Important Dates

The last earnings date was Thursday, August 6, 2026, before market open.

Earnings Date Aug 6, 2026
Ex-Dividend Date Jun 23, 2026

Share Statistics

Canadian Natural Resources has 2.06 billion shares outstanding. The number of shares has decreased by -1.10% in one year.

Current Share Class 2.06B
Shares Outstanding 2.06B
Shares Change (YoY) -1.10%
Shares Change (QoQ) -0.30%
Owned by Insiders (%) 2.19%
Owned by Institutions (%) 76.79%
Float 2.01B

Valuation Ratios

The trailing PE ratio is 12.22 and the forward PE ratio is 13.18.

PE Ratio 12.22
Forward PE 13.18
PS Ratio 3.12
Forward PS 2.24
PB Ratio 2.98
P/TBV Ratio 2.98
P/FCF Ratio 14.10
P/OCF Ratio 7.64
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.22, with an EV/FCF ratio of 15.91.

EV / Earnings 13.38
EV / Sales 3.52
EV / EBITDA 8.22
EV / EBIT 13.66
EV / FCF 15.91

Financial Position

The company has a current ratio of 1.00, with a Debt / Equity ratio of 0.43.

Current Ratio 1.00
Quick Ratio 0.70
Debt / Equity 0.43
Debt / EBITDA 1.03
Debt / FCF 2.04
Interest Coverage 10.60

Financial Efficiency

Return on equity (ROE) is 26.69% and return on invested capital (ROIC) is 14.11%.

Return on Equity (ROE) 26.69%
Return on Assets (ROA) 7.91%
Return on Invested Capital (ROIC) 14.11%
Return on Capital Employed (ROCE) 13.50%
Weighted Average Cost of Capital (WACC) 8.47%
Revenue Per Employee $3.14M
Profits Per Employee $824,801
Employee Count10,035
Asset Turnover 0.49
Inventory Turnover 7.93

Taxes

In the past 12 months, Canadian Natural Resources has paid $2.25 billion in taxes.

Income Tax 2.25B
Effective Tax Rate 21.39%

Stock Price Statistics

The stock price has increased by +61.56% in the last 52 weeks. The beta is 0.88, so Canadian Natural Resources's price volatility has been lower than the market average.

Beta (5Y) 0.88
52-Week Price Change +61.56%
50-Day Moving Average 43.93
200-Day Moving Average 41.16
Relative Strength Index (RSI) 64.57
Average Volume (20 Days) 5,695,636

Short Selling Information

The latest short interest is 95.57 million, so 4.64% of the outstanding shares have been sold short.

Short Interest 95.57M
Short Previous Month 112.61M
Short % of Shares Out 4.64%
Short % of Float 4.74%
Short Ratio (days to cover) 4.42

Income Statement

In the last 12 months, Canadian Natural Resources had revenue of $31.46 billion and earned $8.28 billion in profits. Earnings per share was $3.96.

Revenue31.46B
Gross Profit 16.23B
Operating Income 8.10B
Pretax Income 10.53B
Net Income 8.28B
EBITDA 13.47B
EBIT 8.10B
Earnings Per Share (EPS) $3.96
Full Income Statement

Balance Sheet

The company has $1.84 billion in cash and $14.21 billion in debt, with a net cash position of -$12.37 billion or -$6.00 per share.

Cash & Cash Equivalents 1.84B
Total Debt 14.21B
Net Cash -12.37B
Net Cash Per Share -$6.00
Equity (Book Value) 32.95B
Book Value Per Share 15.93
Working Capital 5.63M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $12.84 billion and capital expenditures -$5.88 billion, giving a free cash flow of $6.96 billion.

Operating Cash Flow 12.84B
Capital Expenditures -5.88B
Depreciation & Amortization 5.49B
Net Borrowing -667.96M
Free Cash Flow 6.96B
FCF Per Share $3.38
Full Cash Flow Statement

Margins

Gross margin is 51.58%, with operating and profit margins of 25.76% and 26.31%.

Gross Margin 51.58%
Operating Margin 25.76%
Pretax Margin 33.47%
Profit Margin 26.31%
EBITDA Margin 42.82%
EBIT Margin 25.76%
FCF Margin 21.62%

Dividends & Yields

This stock pays an annual dividend of $1.75, which amounts to a dividend yield of 3.62%.

Dividend Per Share $1.75
Dividend Yield 3.62%
Dividend Growth (YoY) 7.70%
Years of Dividend Growth 2
Payout Ratio 44.19%
Buyback Yield 1.10%
Shareholder Yield 4.71%
Earnings Yield 8.44%
FCF Yield 7.09%
Dividend Details

Analyst Forecast

The average price target for Canadian Natural Resources is $48.50, which is 0.25% higher than the current price. The consensus rating is "Buy".

Price Target $48.50
Price Target Difference 0.25%
Analyst Consensus Buy
Analyst Count 23
Revenue Growth Forecast (3Y) 2.02%
EPS Growth Forecast (3Y) 13.63%
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 2.66 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.66
Piotroski F-Score 8