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Canadian Natural Resources Limited

CNQEnergyNASDAQ

Oil & Gas E&P

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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
$5.34B

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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 company carries a $98.47B market cap, placing it firmly in the large-cap category. 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.

Key stats
Market Cap$98.47B
P/E (TTM)11.80
Fwd P/E12.80
EPS$4.00
Beta0.91
52W Change+52.7%
Dividend Yield3.87%
ROE22.8%
Analysis

Canadian Natural Resources Limited carries $20.02B in total debt against $808.0M in cash reserves — debt is roughly 24.8x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company generates $5.34B in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 22.8% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 5.0% suggests reasonable efficiency in deploying the company's asset base. Revenue has been uneven over recent years, ranging from $49.53B to $44.17B.

Canadian Natural Resources Limited carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing CNQ.

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