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Valuation: Canadian Natural Resources Limited

Capitalization 138B 101B 87.9B 79.48B 75.89B 9,355B 143B 946B 376B 4,470B 380B 372B 16,134B P/E ratio 2025
9.01x
P/E ratio 2026 * 22.1x
Enterprise value 155B 114B 98.61B 89.16B 85.13B 10,495B 160B 1,061B 421B 5,015B 427B 417B 18,100B EV / Sales 2025
2.91x
EV / Sales 2026 * 4.27x
Free-Float
96.08%
Yield 2025
5.05%
Yield 2026 * 3.79%
1 day+3.10%
1 week+6.79%
Current month+10.89%
1 month+21.57%
3 months+45.62%
6 months+53.14%
Current year+42.33%
1 week 60.86
Extreme 60.86
66.46
1 month 53.89
Extreme 53.89
66.46
Current year 41.68
Extreme 41.675
66.46
1 year 34.92
Extreme 34.92
66.46
3 years 33.56
Extreme 33.565
66.46
5 years 17.92
Extreme 17.915
66.46
10 years 4.9
Extreme 4.9
66.46
Manager TitleAgeSince
Director of Finance/CFO - 29/04/2025
President 60 27/02/2024
Chief Operating Officer - -
Director TitleAgeSince
Director/Board Member 68 31/08/2006
Director/Board Member 76 30/04/2002
Director/Board Member 71 31/10/2003
Change 5d. change 1-year change 3-years change Capi.($)
+3.10%+6.79%+57.47%+69.69% 101B
+0.82%+10.29%+62.57%+143.05% 184B
+2.76%+2.94%+23.03%+15.39% 147B
+0.40%+1.53%+7.06%+18.60% 71.37B
+5.09%+9.71%+26.70%-2.42% 57.61B
+0.21%-1.13%+20.78%+30.24% 49.79B
-0.03%+0.94%+36.74%-9.11% 41.87B
+1.27%+4.82%+32.05%+112.56% 40.39B
+0.79%+1.08%+17.73%+179.38% 36.47B
+2.05%+7.21%+120.96%+197.15% 31.38B
Average +1.22%+3.94%+40.51%+75.45% 76.15B
Weighted average by Cap. +1.46%+4.85%+40.83%+72.59%

Financials

2025 2026 *
Net sales 38.28B 28.1B 24.38B 22.04B 21.05B 2,594B 39.62B 262B 104B 1,240B 105B 103B 4,474B 36.02B 26.44B 22.94B 20.74B 19.8B 2,441B 37.28B 247B 98.01B 1,166B 99.23B 97.11B 4,210B
Net income 7.17B 5.26B 4.57B 4.13B 3.94B 486B 7.42B 49.13B 19.51B 232B 19.75B 19.33B 838B 5.39B 3.96B 3.44B 3.11B 2.97B 366B 5.58B 36.96B 14.68B 175B 14.86B 14.54B 631B
Net Debt 16.82B 12.34B 10.71B 9.68B 9.24B 1,140B 17.4B 115B 45.76B 545B 46.32B 45.34B 1,966B 15.89B 11.67B 10.12B 9.15B 8.74B 1,077B 16.45B 109B 43.24B 515B 43.78B 42.84B 1,857B
Logo Canadian Natural Resources Limited
Canadian Natural Resources Limited is a senior crude oil and natural gas production company. Its exploration and production segment are focused on North America, in Western Canada, the United Kingdom portion of the North Sea, and Cote d'Ivoire in Offshore Africa. Its Oil Sands Mining and Upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations at Horizon Oil Sands and through its direct and indirect interest in the Athabasca Oil Sands Project (AOSP). Within Western Canada in the Midstream and Refining segment, it maintains certain activities: pipeline operations, an electricity co-generation system, and an investment in the Northwest Redwater Partnership, a general partnership formed to upgrade and refine bitumen in the Province of Alberta. It owns a 70% interest in light crude oil and liquids rich Duvernay assets. It owns 90% of AOSP: the Muskeg River and Jackpine mines, the Scotford Upgrader and the Quest Carbon Capture and Storage facility.
Employees
10,640
Date Price Change Volume
12/03/26 66.17 $ +3.10% 28,396,857
11/03/26 64.18 $ +3.33% 30,364,075
10/03/26 62.11 $ -1.05% 35,343,571
09/03/26 62.77 $ -0.30% 45,098,837
06/03/26 62.96 $ +1.61% 25,815,845
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
23
Last Close Price
66.17CAD
Average target price
57.33CAD
Spread / Average Target
-13.35%

Quarterly revenue - Rate of surprise

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