Canadian Natural Resource/$CNQ
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Canadian Natural Resource
Canadian Natural Resources is the largest producer of oil and the second-largest producer of natural gas in Canada. It is principally involved in extracting heavy oils, natural gas, and bitumen through its drilling and mining operations. Bitumen from mining operations is upgraded into synthetic crude oil. Commodities produced are primarily exported to the US via pipeline. The company also has smaller offshore production operations in the North Sea and Africa.
- Ticker
- $CNQ
- Sector
- Energy
- Primary listing
- NYSE
- Employees
- 10,750
- Headquarters
- Calgary, Canada
- Website
- www.cnrl.com
CNQ Metrics
BasicAdvanced
$100B
10.33
$4.75
0.91
$1.78
3.68%
Price and volume
Market cap
$100B
Beta
0.91
52-week high
$56.27
52-week low
$30.13
Average daily volume
6.2M
Dividend rate
$1.78
Financial strength
Current ratio
0.994
Quick ratio
0.732
Long term debt to equity
0.372
Total debt to equity
0.417
Dividend payout ratio (TTM)
35.67%
Interest coverage (TTM)
14.16%
Profitability
EBITDA (TTM)
15,651.74
Gross margin (TTM)
52.92%
Net profit margin (TTM)
29.51%
Operating margin (TTM)
30.67%
Effective tax rate (TTM)
22.97%
Revenue per employee (TTM)
$3,127,260
Management effectiveness
Return on assets (TTM)
9.97%
Return on equity (TTM)
32.39%
Valuation
Price to earnings (TTM)
10.333
Price to revenue (TTM)
3.032
Price to book
3.05
Price to tangible book (TTM)
3.05
Price to free cash flow (TTM)
11.211
Free cash flow yield (TTM)
8.92%
Free cash flow per share (TTM)
4.38
Dividend yield (TTM)
3.62%
Forward dividend yield
3.68%
Growth
Revenue change (TTM)
24.16%
Earnings per share change (TTM)
114.13%
3-year revenue growth (CAGR)
9.92%
10-year revenue growth (CAGR)
17.14%
3-year earnings per share growth (CAGR)
28.28%
10-year earnings per share growth (CAGR)
36.99%
3-year dividend per share growth (CAGR)
11.53%
10-year dividend per share growth (CAGR)
18.27%
What the Analysts think about CNQ
Analyst ratings (Buy, Hold, Sell) for Canadian Natural Resource stock.
Analyst projections of the future price of Canadian Natural Resource stock.
Bulls say / Bears say
Production hit a quarterly record of 1.677 million boe/d in Q2, up 18% year on year, and CNQ lifted its 2026 guidance for a second time after an acquisition and strong drilling. That gives the business a larger near-term production base. (SEC)
Record Q2 adjusted funds flow of C$6.9 billion funded C$2.4 billion of direct returns through dividends and buybacks, alongside C$1.6 billion of debt reduction. Net debt fell to C$14.5 billion, bringing the company closer to its C$13 billion threshold for returning all free cash flow to shareholders. (SEC)
Oil sands mining and upgrading costs were C$22.19 per barrel in Q2, while two-thirds of liquids production was higher-value synthetic crude, light oil and NGLs. The company reported a record per-barrel netback from these operations. (SEC)
The business remains exposed to oil prices: management expected the synthetic crude premium, which averaged US$8.37 per barrel over WTI in Q2, to ease towards parity. A sharp oil-price fall in early November underlined the potential for cash flow to swing with the market. (Yahoo Finance, Investing.com)
The planned Horizon turnaround was expected to reduce annual average production by about 29,000 barrels a day, and maintenance was expected to extend into early Q4. This could weigh on near-term volumes and raise costs. (SEC, Yahoo Finance)
Major expansions, including Jackfish and Pike 2, remain on hold until binding agreements with federal and Alberta governments are finalised. That delays potential production growth, with larger mining projects also awaiting the policy framework. (BNN Bloomberg, SEC)
Data summarised monthly by Lightyear AI. Last updated on 4 Nov 2026.
CNQ Financial Performance
Revenues and expenses
CNQ Earnings Performance
Company profitability
Upcoming events
CNQ News
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Funds containing CNQ
Fund name | Fund size | $CNQ weighting |
|---|---|---|
iShares Oil & Gas Exploration & Production$IOGP | $478M | 10.06% |
iShares Oil & Gas Exploration & Production£SPOG | $478M | 10.06% |
iShares Oil & Gas Exploration & Production€IOGP | $478M | 10.06% |
iShares MSCI Canada£CSCA | $2.4B | 3.29% |
iShares MSCI Canada€SXR2 | $2.4B | 3.29% |
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