CN

Canadian Natural Resources Limited

CNQEnergyNASDAQ

Oil & Gas E&P · Last scanned Sep 8, 2026

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Financials · Annual
Revenue
$44.17B
+6.4% YoY
Net Income
$10.82B
+77.2% YoY
EBITDA
$21.89B
+42.0% YoY
Free Cash Flow
$7.42B

Scan Results

Daily timeframe
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DateIndicatorDetails
Sep 3 MACD Positive CrossoverHistogram +0.0440, positive momentum
RSI OverboughtRSI 72.0, above 70, stock may be overbought
Sep 2CONFIRMED MACD Negative CrossoverHistogram -0.0059, negative momentum
RSI OverboughtRSI 72.1, above 70, stock may be overbought
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 $104.02B market capitalization puts CNQ squarely in large-cap range for its industry. 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.

Where CNQ stands vs its 150-day and 200-day moving averages

As of the September 3, 2026 close, CNQ finished 15.44% above its 150-day moving average ($44.88) and 23.71% above its 200-day moving average ($41.88). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.

Is CNQ overbought or oversold?

At the September 3, 2026 close, CNQ's RSI(14) was 72.0, in overbought territory (above 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.

Key stats
Market Cap$104.02B
P/E (TTM)12.43
Fwd P/E13.05
EPS$4.06
Beta0.88
52W Change+63.3%
Dividend Yield3.52%
ROE26.7%
Analysis

The company holds $2.62B in cash, though total debt stands at $20.18B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow comes in at $7.42B, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 26.7% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 7.9% suggests reasonable efficiency in deploying the company's asset base. Revenue has been uneven over recent years, ranging from $49.53B to $44.17B.

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. No single metric tells the full story. Reviewing CNQ's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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