Canadian Natural Resources Limited
CNQEnergyNASDAQOil & Gas E&P · Last scanned Jul 18, 2026
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Daily timeframeCanadian 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,. With a market capitalization of $91.54B, it sits in large-cap territory. 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.
Market Cap
$91.54B
Beta
0.88
P/E (TTM)
11.80
P/E (Fwd)
12.11
EPS (TTM)
$3.72
EPS (Fwd)
$3.63
ROE
22.8%
ROA
5.0%
Cash
$808.0M
Total Debt
$20.02B
Free CF
$5.34B
52W Change
42.4%
Annual Financials
Cash vs Debt
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. Return on equity stands at 22.8%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. 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.