Canadian Natural Resources Ltd

Canadian Natural Resources Ltd

CNQ · NYSE · Energy / Oil & Gas E&P

49.75USD+0.64 (+1.30%)

Price History

Full chart

Market Stats

Previous Close49.11
Open49.48
Day Range49.15 – 49.77
52-Week Range29.28 – 56.27
Volume4.18M
Market Cap98.81B
P/E (TTM)9.95
Forward P/E14.06
EPS4.88
Dividend Yield3.67%
Beta0.91
50-Day Avg50.81
200-Day Avg46.38

About

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers synthetic crude oil (SCO), mining bitumen, light and medium crude oil and NGLs, thermal bitumen, primary heavy crude oil and Pelican Lake heavy crude oil. Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.

Company Details

  • SectorEnergy
  • IndustryOil & Gas E&P
  • CEOMr. Norman Murray Edwards O.C.
  • Employees10.75K
  • Headquarters2100, 855 - 2nd Street S.W., Calgary, AB, Canada, T2P 4J8, USA
  • Websitehttps://www.cnrl.com

Leadership

  • Mr. Norman Murray Edwards O.C.Executive Chairman · b. 1960
  • Mr. Scott G. StauthPresident & Director · b. 1966
  • Mr. Victor Clinton Darel C.A., CPACFO & Principal Accounting Officer · b. 1982
  • Mr. Jay E. FrocChief Operating Officer of Oil Sands Mining & Upgrading · b. 1966
  • Mr. Robin Sean ZabekChief Operating Officer of Exploration & Production · b. 1972
  • Mr. Lance J. CassonManager of Investor Relations
  • Mr. Brenda Gayle BalogVP of Legal & General Counsel · b. 1969
  • Mr. Ronald Keith LaingChief Commercial & Corporate Development Officer · b. 1970
  • Mark Anthony OverwaterVice-President of Marketing · b. 1968
  • Dean W. HalewichSenior Vice-President of Safety, Risk Management & Innovation · b. 1968

Financials

Income Statement

Currency: CAD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue157.90M259.00M281.10M636.80M920.66M877.71M1.29B3.22B3.56B4.08B5.97B7.55B11.13B11.64B12.54B16.17B11.08B14.32B15.51B16.20B17.95B21.30B13.17B11.10B17.67B22.28B22.87B17.49B32.85B49.53B40.84B35.66B44.17B
Growth (%)-+64.03%+8.53%+126.54%+44.58%-4.66%+46.70%+150.30%+10.49%+14.64%+46.28%+26.38%+47.47%+4.60%+7.74%+28.94%-31.50%+29.28%+8.27%+4.44%+10.81%+18.70%-38.19%-15.71%+59.21%+26.11%+2.64%-23.52%+87.83%+50.76%-17.56%-12.68%+23.87%
Cost of Revenue30.90M51.30M63.90M129.90M205.86M329.72M251.74M1.04B757.72M1.53B2.34B2.66B4.32B4.64B5.15B6.40B4.21B10.77B7.71B12.94B14.14B15.81B13.39B11.54B14.72B17.07B10.98B17.42B22.28B33.27B29.06B18.08B34.77B
Gross Profit127.00M207.70M217.20M506.90M714.80M547.99M1.04B2.18B2.80B2.55B3.63B4.89B6.81B7.01B7.40B9.77B6.87B3.55B7.79B3.26B3.80B5.49B-225.00M-437.00M2.95B5.21B11.89B69.00M10.58B16.26B11.77B17.58B9.40B
Gross Margin80.43%80.19%77.27%79.60%77.64%62.43%80.45%67.75%78.72%62.41%60.76%64.74%61.17%60.18%58.98%60.40%62.04%24.78%50.26%20.13%21.20%25.75%-1.71%-3.94%16.71%23.40%52.01%0.39%32.19%32.83%28.83%49.30%21.29%
Operating Expense38.00M59.90M86.70M190.10M453.18M345.20M588.83M721.36M1.59B1.44B1.96B2.31B3.15B2.97B5.06B3.06B4.40B525.00M3.47B207.00M641.00M626.00M517.00M842.00M617.00M365.00M567.00M514.00M1.06B1.50B1.31B782.00M1.18B
Operating Income89.00M147.80M130.50M316.80M261.62M202.79M447.05M1.46B1.21B1.11B1.67B2.58B3.66B4.04B2.34B6.71B2.48B3.02B4.32B3.05B3.16B4.86B-742.00M-1.28B2.33B4.85B11.33B-445.00M9.51B14.76B10.46B16.80B8.23B
Operating Margin56.36%57.07%46.42%49.75%28.42%23.10%34.72%45.37%34.11%27.18%27.96%34.15%32.86%34.70%18.64%41.48%22.34%21.11%27.86%18.85%17.63%22.82%-5.64%-11.52%13.22%21.76%49.53%-2.54%28.95%29.80%25.63%47.11%18.62%
EBITDA124.00M204.90M212.90M499.00M701.93M647.06M1.02B2.61B2.72B3.07B4.23B4.35B5.74B6.12B5.27B10.08B5.60B7.72B7.84B7.58B8.29B10.17B5.19B4.18B9.17B9.51B11.28B6.00B16.38B21.73B17.27B16.40B23.97B
EBITDA Margin78.53%79.11%75.74%78.36%76.24%73.72%78.99%81.06%76.49%75.29%70.79%57.58%51.57%52.55%42.01%62.34%50.56%53.89%50.58%46.83%46.20%47.72%39.42%37.69%51.88%42.66%49.32%34.31%49.85%43.87%42.29%46.00%54.26%
Net Income34.30M54.20M42.40M95.00M111.51M58.82M199.65M772.35M655.84M538.24M1.40B1.41B1.05B2.52B2.61B4.99B1.58B1.67B2.64B1.89B2.27B3.93B-637.00M-204.00M2.40B2.59B5.42B-435.00M7.66B10.94B8.23B6.11B10.82B
Net Income Margin21.72%20.93%15.08%14.92%12.11%6.70%15.51%23.96%18.42%13.18%23.49%18.62%9.43%21.68%20.79%30.82%14.26%11.68%17.04%11.68%12.65%18.45%-4.84%-1.84%13.57%11.63%23.68%-2.49%23.33%22.08%20.16%17.12%24.50%
R&D-------00000000000000000000------
R&D as % of Total Revenue-------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%------
Interest Expense6.50M12.30M20.90M26.70M075.85M0161.97M138.49M158.95M157.16M189.58M148.85M139.79M276.09M128.00M410.00M449.00M391.00M366.00M279.00M323.00M374.00M431.00M728.00M798.00M912.00M828.00M743.00M670.00M691.00M673.00M1.04B
Interest Expense % of Total Revenue4.12%4.75%7.44%4.19%0.00%8.64%0.00%5.03%3.89%3.89%2.63%2.51%1.34%1.20%2.20%0.79%3.70%3.14%2.52%2.26%1.55%1.52%2.84%3.88%4.12%3.58%3.99%4.73%2.26%1.35%1.69%1.89%2.35%

Balance Sheet

Currency: CAD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets436.90M737.80M900.40M2.06B2.93B3.25B4.85B7.78B9.04B13.36B14.20B18.41B21.85B33.16B36.11B42.65B41.02B42.67B47.28B48.98B51.75B60.20B59.27B58.65B73.87B71.56B78.12B75.28B76.67B76.14B75.95B85.36B91.76B
Total Liabilities265.70M381.60M404.10M988.40M1.73B1.97B2.96B4.56B5.17B8.49B8.08B11.09B13.62B22.47B22.79B24.28B21.60B21.68B24.38B24.70B25.98B31.31B31.89B32.38B42.21B39.59B43.13B42.90B39.72B37.97B36.12B45.89B47.43B
Total Equity171.20M356.20M496.30M1.07B1.20B1.28B1.89B3.22B3.87B4.87B6.12B7.32B8.24B10.69B13.32B18.37B19.43B20.98B22.90B24.28B25.77B28.89B27.38B26.27B31.65B31.97B34.99B32.38B36.95B38.17B39.83B39.47B44.33B
Cash---300.00K---28.49M14.33M29.90M104.34M27.60M17.44M23.30M20.86M26.71M13.00M22.00M34.00M37.00M16.00M25.00M69.00M17.00M137.00M101.00M139.00M184.00M744.00M920.00M877.00M131.00M672.45M
Total Debt189.20M242.90M237.70M588.20M1.14B1.43B2.16B2.47B2.69B4.10B2.83B3.73B3.32B11.04B10.94B13.02B10.30B9.22B8.57B8.74B9.66B14.00B16.79B16.80B22.46B20.62B22.79B22.95B16.09B12.74B12.35B20.28B19.71B
Net Debt189.20M242.90M237.70M587.90M1.14B1.43B2.16B2.44B2.67B4.07B2.72B3.71B3.30B11.02B10.92B12.99B10.29B9.20B8.54B8.70B9.64B13.98B16.73B16.79B22.32B20.52B20.84B21.27B13.95B10.53B11.48B20.15B19.03B

Cash Flow

Currency: CAD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow90.00M150.90M147.90M371.00M520.37M368.42M668.40M1.83B1.89B2.02B3.13B3.69B4.80B4.18B5.82B6.77B5.81B6.28B6.24B6.21B7.22B8.46B5.63B3.45B7.26B10.12B8.83B4.71B14.48B19.39B12.35B13.39B15.09B
Investing Cash Flow-271.20M-331.20M-238.80M-1.20B-1.12B-609.91M-1.82B-1.79B-1.94B-2.54B-2.17B-4.66B-4.33B-11.73B-6.54B-7.18B-3.56B-5.20B-5.96B-5.93B-7.01B-11.18B-5.46B-3.81B-13.10B-4.81B-7.25B-2.82B-3.70B-4.99B-4.86B-14.10B-6.68B
Financing Cash Flow181.20M180.20M90.90M833.30M599.00M241.49M1.15B-10.50M35.02M546.11M-891.41M897.53M-474.47M7.56B719.04M417.00M-2.27B-1.08B-268.00M-279.00M-233.00M2.73B-123.00M307.00M5.96B-5.34B-1.54B-1.85B-10.21B-14.23B-7.54B-37.00M-7.87B
Capital Expenditure281.40M361.40M248.30M1.21B1.15B741.49M1.92B1.30B1.95B1.75B2.53B4.58B5.34B7.27B6.46B7.43B2.98B5.33B6.20B6.10B7.21B10.21B4.70B3.80B4.57B4.17B3.54B2.56B4.49B5.10B4.91B5.29B6.67B
Free Cash Flow-191.40M-210.50M-100.40M-844.00M-633.31M-373.07M-1.25B536.89M-60.49M-582.31M605.44M-892.73M-543.09M-3.09B-645.55M-666.59M2.83B949.00M42.00M105.00M7.00M-2.94B928.00M-351.00M2.56B5.68B5.29B2.16B9.99B14.29B7.44B8.10B8.42B
Dividends Paid-------4.50M46.16M59.80M77.29M100.79M120.94M152.61M177.77M208.00M225.00M302.00M378.00M444.00M523.00M955.00M1.25B758.00M1.25B1.56B1.74B1.95B2.17B4.93B3.89B4.43B4.87B
FCF to OCF-212.67%-139.50%-67.88%-227.49%-121.70%-101.26%-186.80%29.30%-3.20%-28.79%19.33%-24.20%-11.32%-73.97%-11.09%-9.85%48.64%15.10%0.67%1.69%0.10%-34.74%16.48%-10.17%35.31%56.12%59.96%45.80%68.97%73.68%60.26%60.47%55.81%
Dividend Paid to FCF-------0.84%-76.32%-10.27%12.77%-11.29%-22.27%-4.94%-27.54%-31.20%7.96%31.82%900.00%422.86%7471.43%-32.49%134.81%-215.95%48.83%27.50%32.92%90.32%21.73%34.48%52.27%54.71%57.78%

Earnings

Report DateNov 9, 1995Aug 15, 1996Mar 12, 1997Nov 13, 1997Mar 12, 1998May 12, 1998Aug 12, 1998Nov 12, 1998Mar 10, 1999May 10, 1999Aug 9, 1999Nov 9, 1999Mar 9, 2000May 10, 2000Aug 10, 2000Nov 9, 2000Mar 8, 2001May 9, 2001Aug 8, 2001Nov 7, 2001Feb 27, 2002May 8, 2002Aug 7, 2002Nov 6, 2002Feb 26, 2003May 7, 2003Aug 6, 2003Nov 5, 2003Feb 25, 2004May 5, 2004Aug 4, 2004Nov 3, 2004Feb 23, 2005May 4, 2005Aug 3, 2005Nov 2, 2005Feb 23, 2006May 4, 2006Aug 2, 2006Nov 1, 2006Mar 7, 2007May 3, 2007Aug 2, 2007Nov 1, 2007Feb 28, 2008May 8, 2008Aug 7, 2008Nov 6, 2008Mar 5, 2009May 7, 2009Aug 6, 2009Nov 5, 2009Mar 4, 2010May 6, 2010Aug 5, 2010Nov 4, 2010Mar 3, 2011May 5, 2011Aug 4, 2011Nov 3, 2011Mar 8, 2012May 3, 2012Aug 9, 2012Nov 8, 2012Mar 7, 2013May 2, 2013Aug 8, 2013Nov 7, 2013Mar 6, 2014May 8, 2014Aug 7, 2014Nov 6, 2014Mar 5, 2015May 7, 2015Aug 6, 2015Nov 5, 2015Mar 3, 2016May 5, 2016Aug 4, 2016Nov 3, 2016Mar 2, 2017May 4, 2017Aug 3, 2017Nov 2, 2017Mar 1, 2018May 3, 2018Aug 2, 2018Nov 1, 2018Mar 7, 2019May 9, 2019Aug 1, 2019Nov 7, 2019Mar 5, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Mar 4, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Mar 3, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Mar 2, 2023May 4, 2023Aug 3, 2023Nov 2, 2023Feb 29, 2024May 2, 2024Aug 1, 2024Oct 31, 2024Mar 6, 2025Apr 30, 2025Aug 7, 2025Nov 6, 2025Feb 26, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate0.070.040.060.100.060.000.020.030.050.030.030.050.080.140.170.200.200.250.180.150.080.040.040.060.160.140.100.100.160.130.200.150.290.160.210.230.420.260.250.220.330.260.250.240.520.290.360.380.220.390.280.320.340.610.260.260.320.410.230.280.430.470.270.240.200.440.210.480.270.810.490.380.71-0.050.05-0.04-0.01-0.29-0.14-0.130.090.150.120.060.360.340.410.460.150.270.430.400.360.02-0.400.010.050.820.480.801.052.561.491.442.170.820.531.202.160.740.800.910.951.080.440.810.661.061.431.05
EPS Actual0.020.030.050.030.030.010.010.030.030.010.030.090.080.160.190.260.230.260.260.140.050.100.140.110.190.380.240.200.190.310.170.180.240.180.220.280.480.130.240.220.340.290.280.300.520.400.450.450.320.540.260.300.310.610.320.280.280.210.280.330.440.270.280.160.170.370.220.540.190.850.520.450.690.010.080.05-0.04-0.25-0.09-0.160.400.130.140.100.460.360.520.56-0.210.350.440.520.29-0.25-0.320.060.081.030.620.781.112.861.631.551.960.850.571.302.340.690.880.970.931.160.510.860.821.171.581.18
Surprise-71.43%-25.00%-16.67%-70.00%-50.00%--50.00%0.00%-40.00%-66.67%0.00%80.00%0.00%14.29%11.76%30.00%15.00%4.00%44.44%-6.67%-37.50%150.00%250.00%83.33%18.75%171.43%140.00%100.00%18.75%138.46%-15.00%20.00%-17.24%12.50%4.76%21.74%14.29%-50.00%-4.00%0.00%3.03%11.54%12.00%25.00%0.00%37.93%25.00%18.42%45.45%38.46%-7.14%-6.25%-8.82%0.00%23.08%7.69%-12.50%-48.78%21.74%17.86%2.33%-42.55%3.70%-33.33%-15.00%-15.91%4.76%12.50%-29.63%4.94%6.12%18.42%-2.82%120.00%60.00%225.00%-300.00%13.79%35.71%-23.08%344.44%-13.33%16.67%66.67%27.78%5.88%26.83%21.74%-240.00%29.63%2.33%30.00%-19.44%-1350.00%20.00%500.00%60.00%25.61%29.17%-2.50%5.71%11.72%9.40%7.64%-9.68%3.66%7.55%8.33%8.33%-6.76%10.00%6.59%-2.11%7.43%15.91%6.17%23.72%10.38%10.49%12.38%
Timing---Pre-marketPre-marketPre-marketPre-market--------------Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketAfter-hours-Pre-marketPre-marketPre-market-After-hoursPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-market-Pre-marketAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap98.81B
Enterprise Value108.09B
Trailing P/E9.95
Forward P/E14.06
PEG Ratio3.42
Price / Sales2.06
Price / Book2.94
EPS4.88
Book Value16.34
Revenue (TTM)47.95B
Gross Profit (TTM)25.38B
EBITDA22.32B
Profit Margin29.51%
Operating Margin32.24%
Return on Equity32.38%
Return on Assets9.97%
Shares Outstanding2.04B
Shares Float1.99B
Beta0.91
Dividend Yield3.67%
Dividend Rate1.78
Payout Ratio37.15%

Analyst Ratings

Buy
Based on 23 analystsTarget 48.95
  • Strong Buy
    7
  • Buy
    2
  • Hold
    12
  • Sell
    2

Ownership Breakdown

Institutions
79.05%
Insiders
2.18%
Retail / Other
18.77%

Top Institutional Holders

  • Capital World Investors
    217.96M10.57%
  • Royal Bank of Canada
    137.61M6.68%
  • Capital Research Global Investors
    116.07M5.63%
  • BMO Capital Markets Corp.
    64.79M3.14%
  • Bank of Montreal
    64.79M3.14%
  • FMR Inc
    64.24M3.12%
  • Vanguard Capital Management, LLC
    58.78M2.85%
  • The Goldman Sachs Group Inc
    50.81M2.46%
  • Canada Pension Plan Investment Board
    38.64M1.87%
  • TD Asset Management Inc
    31.17M1.51%
  • HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
    30.79M1.49%
  • CIBC World Markets Inc.
    30.37M1.47%
  • 1832 Asset Management L.P
    28.13M1.36%
  • Mackenzie Investments
    27.20M1.32%

Top Fund Holders

  • American Funds American Balanced A
    83.94M4.07%
  • American Funds Income Fd of Amer A
    40.27M1.95%
  • American Funds Capital Inc Bldr A
    33.72M1.64%
  • American Funds Fundamental Invs A
    31.81M1.54%
  • Vanguard Total Intl Stock Index Inv
    30.22M1.47%
  • American Funds Washington Mutual A
    26.76M1.30%

Dividends

20263×
0.45Sep 11, 20260.44Jun 23, 20260.46Mar 20, 2026
20254×
0.42Dec 12, 20250.43Sep 19, 20250.43Jun 13, 20250.41Mar 21, 2025
20244×
0.39Dec 13, 20240.39Sep 13, 20240.38Jun 17, 20240.39Mar 14, 2024
20234×
0.37Dec 7, 20230.33Sep 14, 20230.34Jun 15, 20230.33Mar 16, 2023
20225×
0.31Dec 15, 20220.28Sep 15, 20220.58Aug 22, 20220.29Jun 16, 20220.29Mar 17, 2022
20214×
0.23Dec 9, 20210.18Sep 16, 20210.19Jun 17, 20210.19Mar 18, 2021

Stock Splits

  • Jun 11, 20242:1
  • Aug 22, 20221021:1000
  • Jun 1, 20102:1
  • May 31, 20052:1
  • Jun 1, 20042:1