Canadian Natural Resources Limited (CNQ.TO)
Calgary, AB, CA
Canadian Natural Resources Limited (CNRL) is an integrated energy company involved in the entire lifecycle of hydrocarbon resources, from acquisition and exploration to development, production, marketing, and sales. The firm's product portfolio includes various grades of crude oil, such as synthetic crude oil (SCO), light, medium, and heavy crude oils (including bitumen or thermal oil, and Pelican Lake heavy crude), along with natural gas and natural gas liquids (NGLs). CNRL also manages midstream and refining infrastructure, comprising two crude oil pipeline systems and a 50% interest in an 84-megawatt cogeneration facility situated in Primrose. As of December 31, 2020, the company held significant reserves: 10,528 million barrels (MMbbl) of proved crude oil, bitumen, and NGLs (13,271 MMbbl total proved plus probable). 6,998 MMbbl of proved SCO (7,535 MMbbl total proved plus probable). 12,168 billion cubic feet (Bcf) of proved natural gas (20,249 Bcf total proved plus probable). Operations are concentrated across Western Canada, the United Kingdom sector of the North Sea, and offshore Africa. Founded in 1973 and headquartered in Calgary, Canada, the company adopted its current name, Canadian Natural Resources Limited, in December 1975, having previously operated as AEX Minerals Corporation.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +1.43% | +2.56% | -3.74% | +13.47% | +35.98% | +32.85% | +40.49% | +64.26% | +209.26% | +236.93% | +8,392.50% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 3 | -1 |
| Buy | 7 | 0 |
| Hold | 11 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 2 | 0 |
-
Revenue growth Oil & Gas Exploration & Production: +1.3%-6.6% Q1'26: -15.0% (vs Q1'25)
-
EPS growth Oil & Gas Exploration & Production: +11.4%+81.1% ★ Q1'26: -45.3% (vs Q1'25)
-
FCF margin Oil & Gas Exploration & Production: +28.4%+22.5% Q1'26: +11.0% (vs Q1'25)
-
EBIT margin Oil & Gas Exploration & Production: +24.1%+21.2% Q1'26: +24.7% (vs Q1'25)
-
ROIC Oil & Gas Exploration & Production: +6.3%+10.2% ★ Q1'26: +13.0% (vs Q1'25)
-
Share dilution Oil & Gas Exploration & Production: 0.0%-2.0% ★ Q1'26: -0.6% (vs Q1'25)
-
Debt / EBITDA Oil & Gas Exploration & Production: 0.54×1.10× Q1'26: 1.08× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2011 actual |
Dec 2012 actual |
Dec 2013 actual |
Dec 2014 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 3 Rev. Ana. 6 EPS Ana. |
Dec 2027 6 Rev. Ana. 10 EPS Ana. |
Dec 2028 5 Rev. Ana. 6 EPS Ana. |
Dec 2029 2 Rev. Ana. 4 EPS Ana. |
Dec 2030 2 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
15.51B
est: 13.67B (+13.5%)
|
16.20B
est: 14.81B (+9.3%)
|
17.95B
est: 16.92B (+6.0%)
|
21.30B
est: 20.03B (+6.4%)
|
13.17B
est: 12.23B (+7.7%)
|
12.00B
est: 9.86B (+21.8%)
|
18.36B
est: 15.55B (+18.1%)
|
22.28B
est: 20.97B (+6.2%)
|
24.39B
est: 23.12B (+5.5%)
|
16.89B
est: 16.43B (+2.8%)
|
32.85B
est: 29.44B (+11.6%)
|
49.53B
est: 40.92B (+21.1%)
|
40.84B
est: 36.74B (+11.1%)
|
41.51B
est: 36.30B (+14.3%)
|
38.76B
est: 39.71B (-2.4%)
|
45.25B
44.02B – 47.75B
+14.0% YoY
|
43.35B
42.48B – 45.51B
-4.2% YoY
|
43.71B
42.10B – 45.33B
+0.8% YoY
|
48.00B
46.86B – 50.53B
+9.8% YoY
|
45.90B
44.80B – 48.31B
-4.4% YoY
|
| EBITDA |
7.91B
est: 7.02B (+12.6%)
|
7.30B
est: 8.14B (-10.3%)
|
8.16B
est: 7.75B (+5.4%)
|
10.38B
est: 9.45B (+9.9%)
|
5.19B
est: 6.40B (-18.9%)
|
4.23B
est: 3.39B (+24.7%)
|
8.79B
est: 6.06B (+45.1%)
|
9.48B
est: 11.61B (-18.3%)
|
11.41B
est: 6.96B (+64.0%)
|
6.13B
est: 6.67B (-8.0%)
|
16.38B
est: 7.93B (+106.5%)
|
21.73B
est: 9.23B (+135.5%)
|
17.27B
est: 16.13B (+7.0%)
|
15.41B
est: 14.46B (+6.6%)
|
17.99B
est: 17.44B (+3.2%)
|
19.87B
19.33B – 20.97B
+14.0% YoY
|
19.04B
18.65B – 19.98B
-4.2% YoY
|
19.19B
18.48B – 19.90B
+0.8% YoY
|
21.08B
20.58B – 22.19B
+9.8% YoY
|
20.15B
19.67B – 21.21B
-4.4% YoY
|
| EBIT |
4.30B
est: 2.85B (+50.9%)
|
2.98B
est: 4.24B (-29.8%)
|
3.32B
est: 2.91B (+13.9%)
|
5.50B
est: 3.64B (+51.1%)
|
-293.00M
est: 3.29B (-108.9%)
|
-632.00M
est: -605.61M (-4.4%)
|
3.60B
est: -2.06B (+274.9%)
|
4.32B
est: 3.30B (+30.9%)
|
5.87B
est: 4.89B (+20.1%)
|
-117.00M
est: 3.78B (-103.1%)
|
10.65B
est: 4.50B (+137.0%)
|
14.37B
est: 5.23B (+174.9%)
|
10.86B
est: 9.57B (+13.4%)
|
8.73B
est: 8.40B (+3.9%)
|
8.23B
est: 10.35B (-20.5%)
|
11.79B
11.47B – 12.44B
+14.0% YoY
|
11.30B
11.07B – 11.86B
-4.2% YoY
|
11.39B
10.97B – 11.81B
+0.8% YoY
|
12.51B
12.21B – 13.17B
+9.8% YoY
|
11.96B
11.67B – 12.59B
-4.4% YoY
|
| Net Income |
2.64B
est: 1.75B (+50.7%)
|
1.89B
est: 2.86B (-34.0%)
|
2.27B
est: 2.11B (+7.4%)
|
3.93B
est: 2.72B (+44.4%)
|
-637.00M
est: 2.50B (-125.4%)
|
-204.00M
est: -519.91M (+60.8%)
|
2.40B
est: -328.47M (+829.7%)
|
2.59B
est: 3.39B (-23.5%)
|
5.42B
est: 2.61B (+107.4%)
|
-435.00M
est: 3.66B (-111.9%)
|
7.66B
est: 4.35B (+76.0%)
|
10.94B
est: 5.06B (+116.0%)
|
8.23B
est: 7.67B (+7.3%)
|
6.11B
est: 7.64B (-20.1%)
|
10.82B
est: 7.12B (+51.9%)
|
11.90B
11.18B – 12.78B
+67.0% YoY
|
10.39B
3.56B – 12.70B
-12.6% YoY
|
8.64B
6.34B – 13.12B
-16.9% YoY
|
12.48B
12.09B – 13.34B
+44.6% YoY
|
12.84B
12.44B – 13.72B
+2.9% YoY
|
| SGA |
133.00M
est: 643.71M (-79.3%)
|
56.00M
est: 144.16M (-61.2%)
|
470.00M
est: 62.54M (+651.5%)
|
433.00M
est: 563.51M (-23.2%)
|
344.00M
est: 275.85M (+24.7%)
|
700.00M
est: 280.77M (+149.3%)
|
453.00M
est: 1.13B (-59.8%)
|
179.00M
est: 640.05M (-72.0%)
|
567.00M
est: 180.39M (+214.3%)
|
309.00M
est: 383.16M (-19.4%)
|
880.00M
est: 455.90M (+93.0%)
|
1.22B
est: 530.19M (+129.9%)
|
943.00M
est: 836.55M (+12.7%)
|
782.00M
est: 825.42M (-5.3%)
|
795.00M
est: 904.07M (-12.1%)
|
1.03B
1.00B – 1.09B
+14.0% YoY
|
987.00M
967.24M – 1.04B
-4.2% YoY
|
995.22M
958.41M – 1.03B
+0.8% YoY
|
1.09B
1.07B – 1.15B
+9.8% YoY
|
1.04B
1.02B – 1.10B
-4.4% YoY
|
| EPS |
1.21
est: 2.29 (-47.2%)
|
0.86
est: 1.64 (-47.4%)
|
1.04
est: 2.26 (-54.0%)
|
1.80
est: 3.43 (-47.5%)
|
-0.29
est: 0.08 (-454.9%)
|
-0.10
est: -0.42 (+77.3%)
|
1.02
est: 0.55 (+84.3%)
|
1.06
est: 1.50 (-29.2%)
|
2.27
est: 1.64 (+38.5%)
|
-0.18
est: -0.35 (+48.7%)
|
3.24
est: 3.02 (+7.4%)
|
4.82
est: 5.62 (-14.2%)
|
3.77
est: 3.56 (+5.8%)
|
2.87
est: 3.58 (-19.7%)
|
5.17
est: 3.42 (+51.1%)
|
5.80
5.33 – 6.09
+69.5% YoY
|
4.75
1.70 – 6.06
-18.1% YoY
|
4.76
3.02 – 6.25
+0.1% YoY
|
5.95
5.77 – 6.36
+25.0% YoY
|
6.12
5.93 – 6.54
+2.9% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-07 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-06 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-05 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-04 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-01 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-30 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-29 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-28 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-27 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-24 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-23 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-22 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-21 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-20 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-17 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-16 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-15 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-14 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-13 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-10 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Norman Murray Edwards | Executive Chairman | 14M | male |
| Scott G. Stauth | President & Director | 7M | male |
| Robin Sean Zabek | Chief Operating Officer of Exploration & Production | 3M | male |
| Jay E. Froc | Chief Operating Officer of Oil Sands Mining & Upgrading | 3M | male |
| Victor Clinton Darel | Chief Financial Officer & Principal Accounting Officer | 2M | male |
| Lance J. Casson | Manager of Investor Relations | — | male |
| Brenda Gayle Balog | Vice President of Legal & General Counsel | — | male |
| Ronald Keith Laing | Chief Commercial & Corporate Development Officer | — | male |
| Troy J. Andersen | Senior Vice-President of Canadian Conventional Field Operations | — | — |
| Mark Anthony Overwater | Vice-President of Marketing | — | — |
| Calvin J. Bast | Senior Vice President of Production | — | — |
| Dean W. Halewich | Senior Vice-President of Safety, Risk Management & Innovation | — | — |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for CNQ.TO
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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