Canadian Natural Resources EBIT 2024

Canadian Natural Resources EBIT

9.26 B CAD

Canadian Natural Resources Dividend yield

4.35 %

Ticker

CNQ.TO

ISIN

CA1363851017

WKN

865114

In 2024, Canadian Natural Resources's EBIT was 9.26 B CAD, a -11.51% increase from the 10.46 B CAD EBIT recorded in the previous year.

The Canadian Natural Resources EBIT history

YEAREBIT (undefined CAD)
2026e11.06
2025e11.08
2024e9.26
202310.46
202214.76
20219.51
2020-0.45
20195.59
20184.85
20172.34
2016-1.28
2015-0.74
20144.86
20133.16
20123.05
20113.93
20103.01
20092.39
20086.71
20073.9
20063.97
20053.66
20042.53

Canadian Natural Resources Aktienanalyse

What does Canadian Natural Resources do?

Canadian Natural Resources Ltd is a Canadian energy company founded in 1989 and headquartered in Calgary. The company is engaged in the exploration, production, refining, and marketing of petroleum, natural gas, and natural resources. Canadian Natural Resources is one of the largest independent energy companies in Canada and a leading global oil and gas producer. The business model of Canadian Natural Resources is based on the exploration, production, and marketing of crude oil and natural gas. The company operates in three segments: upstream production, midstream production, and downstream production. Upstream production includes the exploration and production of oil and gas resources in Canada, North Africa, and the North Sea region. Canadian Natural Resources has numerous production areas in Canada, including the Athabasca oil sands region in Alberta, the Montney Formation in British Columbia, and the Horn River Basin in the Northwest Territories. Midstream production includes the maintenance, operation, and marketing of pipelines and oil sands tailings facilities, as well as the processing of crude oil and the transportation of liquefied natural gas (LNG). Canadian Natural Resources is a key partner in the Northern Gateway Pipelines project, which aims to transport crude oil from the Athabasca oil sands region to Kitimat on the west coast of Canada. Downstream production includes the refining of crude oil and the production of various petrochemicals and fuels. Canadian Natural Resources operates refineries and petrochemical plants throughout Canada and the United States. Canadian Natural Resources produces and markets various oil and gas products, including crude oil, light and heavy refinery products, natural gas, and liquefied natural gas (LNG). The company is also a major producer of bitumen, which is used in the production of synthetic oils and oil sands products. Canadian Natural Resources also operates a network of gas stations under the brand "Petro-Canada," serving retail and wholesale customers in Canada and the United States. Canadian Natural Resources invests heavily in new technologies to improve the efficiency and sustainability of oil and gas production. The company has developed and implemented a range of technologies that reduce environmental impact and production costs while increasing operational efficiency and safety. These technologies include hydraulic fracturing, steam-assisted gravity drainage (SAGD), and geothermal energy. Canadian Natural Resources is committed to acting responsibly and sustainably to protect the environment and the communities in which it operates. The company works closely with all regulatory authorities to ensure compliance with all environmental standards. Canadian Natural Resources also focuses on sustainability and has set a target to reduce its CO2 emissions by 30% by 2030. Overall, Canadian Natural Resources is a leading energy company specializing in the production of crude oil, natural gas, and other natural resources. Thanks to its innovative technologies and high commitment to environmental and social responsibility, the company has played a significant role in the Canadian economy and the renewable energy sector. Canadian Natural Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

EBIT Details

Analyzing Canadian Natural Resources's EBIT

Canadian Natural Resources's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Canadian Natural Resources's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Canadian Natural Resources's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Canadian Natural Resources’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Canadian Natural Resources Stock

How much did Canadian Natural Resources achieve in EBIT for the current year?

In the current year, Canadian Natural Resources has achieved an EBIT of 9.26 B CAD.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company Canadian Natural Resources.

How has the EBIT of Canadian Natural Resources developed in recent years?

The EBIT of Canadian Natural Resources has increased by -11.506% decreased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company Canadian Natural Resources?

The EBIT of Canadian Natural Resources is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

How much dividend does Canadian Natural Resources pay?

Over the past 12 months, Canadian Natural Resources paid a dividend of 4.6 CAD . This corresponds to a dividend yield of about 4.35 %. For the coming 12 months, Canadian Natural Resources is expected to pay a dividend of 5.37 CAD.

What is the dividend yield of Canadian Natural Resources?

The current dividend yield of Canadian Natural Resources is 4.35 %.

When does Canadian Natural Resources pay dividends?

Canadian Natural Resources pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Canadian Natural Resources?

Canadian Natural Resources paid dividends every year for the past 23 years.

What is the dividend of Canadian Natural Resources?

For the upcoming 12 months, dividends amounting to 5.37 CAD are expected. This corresponds to a dividend yield of 5.07 %.

In which sector is Canadian Natural Resources located?

Canadian Natural Resources is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Canadian Natural Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Canadian Natural Resources from 4/5/2024 amounting to 1.05 CAD, you needed to have the stock in your portfolio before the ex-date on 3/14/2024.

When did Canadian Natural Resources pay the last dividend?

The last dividend was paid out on 4/5/2024.

What was the dividend of Canadian Natural Resources in the year 2023?

In the year 2023, Canadian Natural Resources distributed 4.6 CAD as dividends.

In which currency does Canadian Natural Resources pay out the dividend?

The dividends of Canadian Natural Resources are distributed in CAD.

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Andere Kennzahlen von Canadian Natural Resources

Our stock analysis for Canadian Natural Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Canadian Natural Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.