CNQ Fair Value Estimate
Blended fair value estimate based on DCF, Graham Number, and earnings-based models.
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 companys 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 dIvoire, 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.
Price sits at 87% of its 52-week range.
Current Price
$46.96
-1.53%GoodMoat Value
$107.35
128.6% undervaluedBlended fair value estimate based on DCF, Graham Number, and earnings-based models.
Graham Number, PEG-based, and Earnings-based models
View Fair Value →Canadian Natural Resources Ltd (CNQ) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.
The GoodMoat Fair Value target for Canadian Natural Resources Ltd is $107.35. The current stock price is $46.96, suggesting the stock is 128.6% undervalued.
The price-to-earnings (P/E) ratio is 12.29. Price-to-book ratio is 3.02. Price-to-sales ratio is 3.52. Enterprise value to EBITDA is 6.48. PEG ratio is 0.03.
GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of Canadian Natural Resources Ltd's intrinsic value.