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StockVS

NYSE · Oil & Gas E&P · USD

Canadian Natural Resources Limited (CNQ) Stock Analysis

Canadian Natural Resources Limited (CNQ) is a Oil & Gas E&P stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

CNQ

$54.24

+$0.06 (+0.11%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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CNQ Key Statistics

As of Oct 21, 2026
Trading
Open
$54.00
Previous Close
$54.18
Day's Range
53.74–54.93
52-Week Range
29.68–55.13
Volume
5.69M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.94
Valuation
Market Cap
$111.69B
P/E Ratio
13.31
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
12.27
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
3.42
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
2.50
EPS (ttm)Profit attributable to each share over the last twelve months.
4.07
Financials (FY)
Revenue (FY)
$44.17B+6.40%
Net Income (FY)
$10.82B+77.20%
Profit marginThe share of revenue left as profit after all costs and taxes.
26.31%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
2.06B
1-Year Return
+84.95%
Dividend and dates
Dividend
$1.76+3.25%
Ex-Dividend Date
September 11, 2026
Earnings Date
November 5, 2026
Avg Volume
6.25M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, CNQ closed at $54.24, +84.95% over 1 year.

Canadian Natural Resources Limited (CNQ) has a market capitalization of $111.69B.

In fiscal 2025, CNQ reported revenue of $44.17B.

CNQ Stock Return by Calendar Year

Canadian Natural Resources Limited (CNQ) 10-year return: what $10,000 became

1 year
$10,000 $18,495
+84.95%
5 years
$10,000 $32,393
+223.93%
10 years
$10,000 $51,365
+413.65%

If you had invested $10,000 in Canadian Natural Resources Limited (CNQ) 10 years ago, at the close on October 21, 2016, it would have been worth $51,365 at the close on October 21, 2026: +413.65% in total, +17.78% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+63.42%
2025+12.60%
2024−1.31%
2023+23.72%
2022+42.89%
2021+83.56%
2020−19.06%
2019+39.72%
2018−30.76%
2017+15.07%
2016 (partial year)+3.10%

As of October 21, 2026.

CNQ Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$44.17B$10.82B24.5%
2024$41.51B$6.11B14.7%
2023$40.84B$8.23B20.2%
2022$49.53B$10.94B22.1%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$44.17B$9.40B$8.23B$10.82B24.5%
2024$41.51B$10.90B$9.73B$6.11B14.7%
2023$40.84B$11.77B$10.46B$8.23B20.2%
2022$49.53B$16.26B$14.76B$10.94B22.1%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

CNQ Dividend History

$0.84−45.6% vs 2024

Dividends per share, 2025 · 2 payments

YearDividends per sharePaymentsChange
2026*$1.353—
2025$0.842−45.6%
2024$1.554+13.5%
2023$1.374−22.1%
YearDividends per sharePaymentsChange
2026 (partial year)$1.353—
2025$0.842−45.6%
2024$1.554+13.5%
2023$1.374−22.1%
2022$1.755+123.8%
2021$0.784+26.3%
2020$0.624+11.9%
2019$0.554+45.8%
2018$0.383−9.0%
2017$0.424+353.2%
2016$0.091—

Most recent payment: $0.45 per share, ex-dividend September 11, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

CNQ Valuation vs Oil & Gas E&P Median

Median of 116 stocks
MetricCNQOil & Gas E&P medianvs median
P/E13.3114.659% below
P/S ratio2.502.414% above
Profit margin26.31%12.09%14.2 pts above

Medians across 116 Oil & Gas E&P stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Canadian Natural Resources Limited (CNQ) at $111.69B. It is classified in the Oil & Gas E&P industry, within the Energy sector. The company reports 10,750 employees.

CNQ last closed at $54.24 on October 21, 2026. That is +$0.06 (+0.11%) against the previous close. The 52-week range on file runs from $29.68 to $55.13. The latest close sits 82.75% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $44.17B. That is +6.40% against the prior fiscal year, when revenue was $41.51B. Net income for the same year was $10.82B. That is +77.20% against the prior fiscal year. Profit margin runs at 26.31%. That is 14.2 percentage points above the Oil & Gas E&P median of 12.09%. Trailing earnings per share are 4.07.

Across the 4 fiscal years on file, revenue moves from $49.53B in 2022 to $44.17B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 13.31. That is 9.15% below the Oil & Gas E&P median of 14.65. The forward P/E on file is 12.27. The PEG ratio, which sets the P/E against expected earnings growth, reads 3.42. The price-to-sales ratio is 2.5. On price-to-sales that is 3.73% above the Oil & Gas E&P median of 2.41. The medians here are taken across 116 Oil & Gas E&P companies that report the metric.

The reported beta is 0.94. Annualized volatility over the trailing 10 years is 40.22%. The trailing one-year total return is +84.95%. Across 10 years the annualized return works out at +17.78%.

Growth & Income

The trailing dividend yield is 3.25%. At the indicated rate that is $1.76 a share a year. The ex-dividend date on file is September 11, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $1.35 a share. The year before, 2025, totalled $0.84 a share.

2026 is still running; the total return is +63.42% year to date. The strongest complete calendar year on file is 2021 at +83.56%; the weakest is 2018 at −30.76%. Of the 9 complete calendar years on file, 6 finished higher.

Peer Comparison

Canadian Natural Resources Limited (CNQ) operates in the Oil & Gas E&P industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Canadian Natural Resources Limited CNQ $111.69B 13.3
ConocoPhillips COP $175.00B 19.3
EOG Resources, Inc. EOG $82.81B 12.3
Occidental Petroleum Corporation OXY $62.68B 17.8

The Oil & Gas E&P industry average P/E ratio is 14.6x. Canadian Natural Resources Limited trades at a P/E of 13.3.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Canadian Natural Resources Limited

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers synthetic crude oil (SCO), mining bitumen, light and medium crude oil and NGLs, thermal bitumen, primary heavy crude oil and Pelican Lake heavy crude oil. Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. 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 incorporated in 1973 and is headquartered in Calgary, Canada.

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