Skip to main content

Canadian Natural Resources Ltd

Exchange: NYSESector: EnergyIndustry: Oil & Gas E&P
Values in USD · ADR · Reports in CAD

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen, and synthetic crude oil (SCO). Its midstream assets include three crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2014, the company’s gross proved crude oil, bitumen, SCO, and NGLs reserves totaled 4,511 million barrels; gross proved plus probable crude oil, bitumen, SCO, and NGLs reserves totaled 7,535 million barrels; proved natural gas reserves totaled 6,001 billion cubic feet; and gross proved plus probable natural gas reserves totaled 8,138 billion cubic feet. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Côte d’Ivoire, Gabon, and South Africa in Offshore Africa. 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 founded in 1973 and is headquartered in Calgary, Canada.

Did you know?

Price sits at 87% of its 52-week range.

Current Price

$46.96

-1.53%

GoodMoat Value

$107.35

128.6% undervalued
Profile
Valuation (TTM)
Market Cap$97.92B
P/E12.29
EV
P/B3.02
Shares Out2.09B
P/Sales3.52
Revenue$27.85B
EV/EBITDA6.48

Canadian Natural Resources Ltd (CNQ) Stock Analysis

CNQ Price Chart

Market Cap$97.92B
Current Price$46.96
P/E Ratio12.29
Forward P/E
PEG Ratio0.03
EPS$3.77
Book Value$15.53
P/B Ratio3.02

CNQ Financial Charts

FCF vs CAPEX

FCFCAPEX

Forward estimates use 7.3% FCF growth (CAGR)

Cash vs Debt

Net Debt: 11.6B

Revenue

17.5B

FY19

13.2B

FY20

23.5B

FY21

30.9B

FY22

27.0B

FY23

24.8B

FY24

28.3B

FY25

Net Income

4.1B

FY19

FY20

6.0B

FY21

8.0B

FY22

6.2B

FY23

4.2B

FY24

7.9B

FY25

CNQ 52-Week Range

$26.69
$50.09
50-Day MA: $46.23200-Day MA: $35.69
Did you know?

Trading 129% below its estimated fair value of $107.35.

Canadian Natural Resources Ltd (CNQ) Financial Summary

Canadian Natural Resources Ltd (CNQ) is a Energy company in the Oil & Gas E&P industry, listed on NYSE. The stock currently trades at $46.96 with a market capitalization of $97.92B.

Key valuation metrics include a P/E ratio of 12.29, price-to-book ratio of 3.02, and EPS of $3.77. The company reports a profit margin of 28.0% and return on equity of 24.1%.

CNQ Key Financial Metrics

MetricValue
Market Cap$97.92B
P/E Ratio12.29
EPS$3.77
P/B Ratio3.02
P/S Ratio3.52
EV/EBITDA6.48
Dividend Yield3.63%
Profit Margin28.0%
Return on Equity24.1%
Debt/Equity0.37

CNQ Revenue & Earnings History

YearRevenueNet Income
FY19$17.46B$4.13B
FY20$13.25B$-341.18M
FY21$23.48B$5.99B
FY22$30.87B$7.98B
FY23$27.04B$6.19B
FY24$24.76B$4.24B
FY25$28.29B$7.90B

Canadian Natural Resources Ltd (CNQ) Valuation

Based on GoodMoat's DCF model, Canadian Natural Resources Ltd has a fair value estimate of $107.35. At the current price of $46.96, the stock appears 56.3% undervalued relative to our intrinsic value estimate.

CNQ Quality Indicators

Canadian Natural Resources Ltd maintains a profit margin of 28.0% and an operating margin of 34.3%. Return on equity stands at 24.1%. The current ratio is 0.95. Debt-to-equity ratio is 0.37.

About Canadian Natural Resources Ltd

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen, and synthetic crude oil (SCO). Its midstream assets include three crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2014, the company’s gross proved crude oil, bitumen, SCO, and NGLs reserves totaled 4,511 million barrels; gross proved plus probable crude oil, bitumen, SCO, and NGLs reserves totaled 7,535 million barrels; proved natural gas reserves totaled 6,001 billion cubic feet; and gross proved plus probable natural gas reserves totaled 8,138 billion cubic feet. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Côte d’Ivoire, Gabon, and South Africa in Offshore Africa. 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 founded in 1973 and is headquartered in Calgary, Canada.

CNQ Free Cash Flow

Canadian Natural Resources Ltd generated $6.07B in trailing twelve-month free cash flow, representing an FCF yield of 6.20%. This strong FCF yield suggests the company generates substantial cash relative to its market value.

CNQ Shares Outstanding

Canadian Natural Resources Ltd has 2.09 billion shares outstanding at a share price of $46.96, giving it a market capitalization of $97.92B.