Canadian Natural Resources (CNQ.TO) Stock Price

Canadian Natural Resources Price

TSX·CLOSED
77.05
​
Market closed

Over the last 19 years Canadian Natural Resources grew revenue by 6.5% annually, reaching 38.76 B CAD. Earnings per share have grown at 8.1% per year over the last 19 years. For Canadian Natural Resources, the net margin of 27.9% is up versus 23.3% a few years ago. At today's price the dividend yield works out to roughly 3.05%. The payout ratio is around 45% of earnings. The dividend has grown at 20.0% per year over the past 19 years. The consensus 12-month price target for Canadian Natural Resources is 52.53 CAD, about 31.8% below where the stock trades today. Of 25 analysts, 15 rate the stock a buy — an overall Buy consensus.

Canadian Natural Resources stock price

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Canadian Natural Resources business model & stock analysis

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.

Frequently asked questions about Canadian Natural Resources

Canadian Natural Resources Ltd. operates as an integrated energy company engaged in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs). The company's business model focuses on extracting and producing energy resources from its diverse portfolio of assets, including oil sands, heavy oil, light and medium crude oil, natural gas, and NGLs. Canadian Natural Resources Ltd. aims to maximize shareholder value by efficiently developing and managing its resources, employing innovative technologies, optimizing production, and maintaining a strong balance sheet.

Canadian Natural Resources Ltd is primarily active in the oil and gas industry.

The main competitors of Canadian Natural Resources Ltd in the market include Suncor Energy Inc., Cenovus Energy Inc., and Imperial Oil Limited.

Canadian Natural Resources Ltd (CNRL) is a leading domestic and international energy producer based in Calgary, Canada. Founded in 1973, CNRL has grown to become one of the largest independent crude oil and natural gas producers in the country. With a primary focus on exploration, development, and production activities, CNRL operates a diverse portfolio of assets across North America, the United Kingdom, and the North Sea. Over the years, CNRL has expanded its operations through strategic acquisitions and successful exploration efforts. With a commitment to environmental stewardship and responsible energy development, CNRL has established itself as a key player in the energy sector.

Canadian Natural Resources Ltd has achieved significant milestones throughout its history. These include the acquisition of key assets such as the Horizon Oil Sands project and the purchase of Shell's Canadian assets. The company has also demonstrated strong operational performance with consistent production growth and cost reductions. Canadian Natural Resources Ltd has been successful in maximizing value for its shareholders through efficient operations, strategic acquisitions, and disciplined financial management. Additionally, the company has made significant advancements in environmental stewardship, implementing innovative technologies to minimize its carbon footprint. These achievements have solidified Canadian Natural Resources Ltd's position as a leading energy producer in Canada.

Canadian Natural Resources Ltd (CNRL) is primarily present in Canada. As a leading energy company, CNRL focuses on exploration, development, production, and marketing of crude oil, natural gas, and natural gas liquids. With a diverse portfolio of assets, CNRL operates in various regions of Canada, including Alberta, British Columbia, and Saskatchewan. The company's prominence and strong presence in the Canadian energy industry make it a key player in the country's resource development.

Canadian Natural Resources Ltd represents a strong commitment to responsible resource development. With a focus on operational excellence, the company places high value on sustainable practices, safety, and environmental stewardship. Canadian Natural Resources Ltd aims to maximize shareholder value while maintaining transparency, integrity, and ethical conduct in all operations. By prioritizing innovation and collaboration, the company strives for continuous improvement and long-term success. Through strategic investments and a strong balance sheet, Canadian Natural Resources Ltd remains dedicated to delivering value to its stakeholders and contributing to the sustainable development of Canada's natural resources sector.

Analysts currently set an average price target of 53.61 CAD for the Canadian Natural Resources stock (median: 52.53 CAD), implying -30.4 % versus the latest price. The consensus is based on 25 analyst ratings.

25 analysts currently rate the Canadian Natural Resources stock: 15 recommend buying, 10 holding and 0 selling. For 2026, analysts expect Canadian Natural Resources to generate revenue of 51.96 B CAD and earnings per share of 6.67 CAD.

Converted at the current exchange rate, the Canadian Natural Resources share trades at 49.17 EUR (77.05 CAD).

The Canadian Natural Resources share (CNQ.TO) is listed on 6 stock exchanges, including: NYSE (CNQ), SIX (Zürich) (CRC.SW), Toronto (CNQ.TO), Frankfurt (CRC.F), München (CRC.MU), Düsseldorf (CRC.DU).

Canadian Natural Resources Ltd (CNRL) is one of the largest independent oil and gas companies in Canada. The company operates both domestically and internationally and is considered one of the leading energy companies in the world. CNRL's main focus is on the exploration, production, and marketing of crude oil, natural gas, and liquefied natural gas (LNG). CNRL's business operations are divided into three divisions: upstream, midstream, and downstream. The upstream division is the core competency of CNRL. Upstream: CNRL's upstream division deals with the exploration, extraction, and development of oil and gas reserves in Canada, Africa, and the North Sea region. CNRL has specialized in oil sands production, with a focus on exploiting rich bitumen deposits. The company operates nine oil sands facilities in Canada, including the Horizon oil sands mine, which was ranked as the world's largest oil sands mine in 2020. The company also operates conventional natural gas fields in North America, the North Sea, and West Africa. In 2020, the daily production volume was 1,178,200 barrels of oil equivalent, with 55% coming from oil sands. Midstream: CNRL operates three major midstream facilities that are involved in the processing, storage, and marketing of natural gas and liquid natural gas products. The facilities are Wabasca, Pelican Lake, and Greater Pelican, which support the production of liquefied natural gas from the Horizon oil sands mine. In 2020, CNRL launched a new project aimed at selling processed condensed natural gas for overseas shipping. With the development of the Coastal GasLink Pipeline project, future LNG exports will be possible. Downstream: CNRL is not directly involved in the downstream sector. However, the company markets certain products, such as liquid natural gas, on the global market. Additionally, CNRL has a stake in the Fort Saskatchewan refinery, which is one of the largest refineries in Canada. In summary, CNRL's business model is based on the successful exploration and production of oil and gas using natural resources. Through its specialization in oil sands technology, the company has gained international recognition and has become a leading energy company in North America. The focus is on the production of crude oil and natural gas and maximizing the value of these products. The goal is to make the operations as sustainable as possible to minimize environmental impact.

The expected revenue of Canadian Natural Resources is 51.96 B CAD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Canadian Natural Resources is 13.94 B CAD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Canadian Natural Resources is currently 11.55. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Canadian Natural Resources stock.

The price-to-sales ratio (P/S) of Canadian Natural Resources is currently 3.10. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Canadian Natural Resources stock.

The Eulerpool Quality Score for Canadian Natural Resources is 3/10.

The ISIN of Canadian Natural Resources is CA1363851017. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Canadian Natural Resources is 865114. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Canadian Natural Resources is CNQ.TO. The ticker symbol is used to trade Canadian Natural Resources shares on the stock exchange.

Fair ValueTerminal
70.89 CAD
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Oil, Gas & Consumable Fuels
Number of shares
Employees
Revenue per Employee
3.81 M CAD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website cnrl.com
Country
Currency
CAD
Initial public offering
Jul 31, 2000
ISIN
CA1363851017
Sedol
2171573
Market capitalization
164.92 B CADLarge Cap
52-Week Range
PEG
-3.42
P/E ratio
P/Ee 2026
11.83
P/Ee 2027
12.93
P/Ee 2028
14.51
P/Ee 2029
15.36
P/Ee 2030
14.78
P/S
P/Se
3.10
EV/EBIT
22.36
P/B Ratio
3.72
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
16.88 %
Dividend
Dividend yield
3.05 %
Est. Dividend Yield
3.24 %
Payout Ratio
45.37 %
Dividend growth Ø5Y
19.15 %
Dividend payments per year
4
Dividend paid since
25 years
Dividend not reduced since
2 years
Dividend increased since
2 years
Dividend withholding tax
25.00 %
Last updated Oct 27, 2026, 9:14 PM

Canadian Natural Resources Ticker

DÜSSELDORF · CRC.DUFRANKFURT · CRC.FMUNICH · CRC.MUNEW YORK · CNQSIX · CRC.SWTSX · CNQ.TO

Canadian Natural Resources FIGI

CRC:GR · BBG000FGBG63CRC:GF · BBG000FGBHL4CRC:GD · BBG000FGBJD9CRC:GS · BBG000FGBKL7CRC:GM · BBG000FGBKR1CRC:GB · BBG000FGBLF2CNQ:US · BBG000HW5GX3CNQ:UA · BBG000HW5HN2CNQ:UC · BBG000HW5J76CNQ:UN · BBG000HW5K64CNQ:UP · BBG000HW5L71CNQ:UB · BBG000HW5M79