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Canadian Natural Resources Limited

CAD 71.85 +$24.73 (+52.48%)

TSX · 15 Sep 2026 18:07 UTC

Previous Close

CAD 69.94

Day Range

CAD 69.83CAD 72.08

Year Range

CAD 41.67CAD 72.35

Market Cap

149.86B

AVG Volume

14.3M

Trailing/Forward PE

12.69/13.99

PEG ratio

-0.78

Dividend Yield

3.43%

Next Earnings Date

2026-11-05

Primary Exchange

Toronto Stock Exchange

Revenue (CAD)

CNQ.TO Revenue (CAD) by year
Period	Revenue (CAD)
2025	41.51B
2024	41.51B
2023	37.09B
2022	49.53B
2021	32.85B
2020	17.49B
2019	24.39B
2018	22.28B
2017	18.17B
2016	11.1B

Net Income (CAD)

CNQ.TO Net Income (CAD) by year
Period	Net Income (CAD)
2025	10.82B
2024	6.11B
2023	8.23B
2022	10.94B
2021	7.66B
2020	-435M
2019	5.42B
2018	2.59B
2017	2.4B
2016	-204M

Operating Income (CAD)

CNQ.TO Operating Income (CAD) by year
Period	Operating Income (CAD)
2025	11.53B
2024	9.73B
2023	10.46B
2022	14.76B
2021	9.51B
2020	-445M
2019	5.59B
2018	4.85B
2017	2.33B
2016	-1.28B

EBITDA (CAD)

CNQ.TO EBITDA (CAD) by year
Period	EBITDA (CAD)
2025	23.66B
2024	15.41B
2023	17.27B
2022	21.73B
2021	16.38B
2020	6B
2019	11.41B
2018	9.48B
2017	8.79B
2016	4.23B

Cash Flows (CAD)

CNQ.TO Cash Flows (CAD) by year
Period	Cash Flows (CAD)
2025	8.32B
2024	8.02B
2023	7.48B
2022	14.29B
2021	9.99B
2020	2.15B
2019	5.29B
2018	5.95B
2017	2.69B
2016	-351M

EPS (CAD)

CNQ.TO EPS (CAD) by year
Period	EPS (CAD)
2025	5.17
2024	2.86
2023	3.78
2022	4.8
2021	3.24
2020	-0.18
2019	2.27
2018	1.06
2017	1.02
2016	-0.1

Expenses (CAD)

CNQ.TO Expenses (CAD) by year
Period	Expenses (CAD)
2025	7.58B
2024	6.15B
2023	5.82B
2022	6.32B
2021	5.37B
2020	2.87B
2019	4.1B
2018	4.35B
2017	5.03B
2016	4.5B

Cash & Debt (CAD)

CNQ.TO Cash & Debt (CAD) by year
Period	Cash & Debt (CAD)
2025	673M
2024	131M
2023	1.4B
2022	1.41B
2021	1.05B
2020	489M
2019	629M
2018	625M
2017	1.03B
2016	930M

Debt ratios

CNQ.TO Debt ratios by year
Period	Debt ratios
2025	0.24
2024	0.28
2023	0.18
2022	0.21
2021	0.35
2020	0.63
2019	0.65
2018	0.72

Margins

CNQ.TO Margins by year
Period	Margins
2025	30.13%
2024	26.25%
2023	31%
2022	32.83%
2021	32.19%
2020	0.39%
2019	26.03%
2018	23.4%
2017	16.25%
2016	-3.94%

Return on Capital

CNQ.TO Return on Capital by year
Period	Return on Capital
2025	24.39%
2024	15.47%
2023	20.67%
2022	28.65%
2021	20.74%
2020	-1.34%
2019	15.48%
2018	8.1%
2017	7.57%
2016	-0.78%

Shares Outstanding

CNQ.TO Shares Outstanding by year
Period	Shares Outstanding
2025	2.08B
2024	2.11B
2023	2.16B
2022	2.21B
2021	2.35B
2020	2.36B
2019	2.37B
2018	2.41B
2017	2.44B
2016	2.21B

Dividends (CAD)

CNQ.TO Dividends (CAD) by year
Period	Dividends (CAD)
2026	1.88
2025	2.35
2024	2.14
2023	1.85
2022	2.3
2021	1
2020	0.85
2019	0.75
2018	0.67
2017	0.55

Book Value Per Share (CAD)

CNQ.TO Book Value Per Share (CAD) by year
Period	Book Value Per Share (CAD)
2025	21.3
2024	18.72
2023	18.44
2022	17.26
2021	15.73
2020	13.7
2019	14.77
2018	13.27
2017	12.97
2016	11.86

Total Assets (CAD)

CNQ.TO Total Assets (CAD) by year
Period	Total Assets (CAD)
2025	91.83B
2024	85.36B
2023	75.95B
2022	76.14B
2021	76.67B
2020	75.28B
2019	78.12B
2018	71.56B
2017	73.87B
2016	58.65B

PE Ratio

CNQ.TO PE Ratio by year
Period	PE Ratio
Sep 26	15.01
Sep 26	14.88
Sep 26	14.98
Aug 26	14.63
Aug 26	15.2
Aug 26	14.26
Aug 26	13.62
Jul 26	14.34
Jul 26	14.06
Jul 26	13.19
Jul 26	12.69
Jul 26	12.17
Jun 26	10.79
Jun 26	11.29
Jun 26	12.21
Jun 26	12.28
May 26	12.07
May 26	12.95
May 26	12.72
May 26	11.72
May 26	12.3
Apr 26	11.68
Apr 26	11.32
Apr 26	12.35
Apr 26	12.74
Mar 26	21.59
Mar 26	20.95
Mar 26	20.68
Mar 26	19.57
Feb 26	18.55
Feb 26	18.03
Feb 26	17.22
Feb 26	16.6
Jan 26	15.74
Jan 26	15.38
Jan 26	14.86
Jan 26	13.87
Jan 26	14.65
Dec 25	14.01
Dec 25	13.68
Dec 25	14.13
Dec 25	14.91
Nov 25	14.7
Nov 25	14.65
Nov 25	14.63
Nov 25	13.8
Oct 25	11.29
Oct 25	11.01
Oct 25	10.61
Oct 25	11.06
Oct 25	11.17
Sep 25	12.63
Sep 25	12.08
Sep 25	11.98
Sep 25	11.66
Aug 25	12.06
Aug 25	11.94
Aug 25	11.43
Aug 25	11.56
Aug 25	11.84
Jul 25	11.92
Jul 25	11.73
Jul 25	12.17
Jul 25	12.13
Jun 25	14.88
Jun 25	15.88
Jun 25	15.85
Jun 25	14.93
May 25	14.39
May 25	14.71
May 25	14.81
May 25	14.68
May 25	13.82
Apr 25	14.04
Apr 25	13.77
Apr 25	13.02
Apr 25	13.55
Mar 25	12.21
Mar 25	12.13
Mar 25	11.78
Mar 25	11.37
Feb 25	11.4
Feb 25	11.91
Feb 25	11.91
Feb 25	12.12
Jan 25	12.32
Jan 25	12.55
Jan 25	12.56
Jan 25	13.19
Jan 25	12.73
Dec 24	12.09
Dec 24	11.82
Dec 24	12.45
Dec 24	12.7
Nov 24	13.21
Nov 24	13.54
Nov 24	12.96
Nov 24	13.23
Nov 24	13.15
Oct 24	13.73

Free Cash Flow Yield

CNQ.TO Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	4.47%
Sep 26	4.51%
Sep 26	4.48%
Aug 26	4.59%
Aug 26	4.42%
Aug 26	4.71%
Aug 26	4.93%
Jul 26	4.68%
Jul 26	4.78%
Jul 26	5.09%
Jul 26	5.29%
Jul 26	5.52%
Jun 26	7.13%
Jun 26	6.81%
Jun 26	6.3%
Jun 26	6.26%
May 26	6.37%
May 26	5.94%
May 26	6.04%
May 26	6.56%
May 26	6.25%
Apr 26	6.58%
Apr 26	6.79%
Apr 26	6.22%
Apr 26	6.03%
Mar 26	5.67%
Mar 26	5.85%
Mar 26	5.92%
Mar 26	6.26%
Feb 26	6.6%
Feb 26	6.79%
Feb 26	7.11%
Feb 26	7.38%
Jan 26	7.78%
Jan 26	7.97%
Jan 26	8.25%
Jan 26	8.83%
Jan 26	8.36%
Dec 25	8.74%
Dec 25	8.96%
Dec 25	8.67%
Dec 25	8.22%
Nov 25	8.33%
Nov 25	8.36%
Nov 25	8.37%
Nov 25	8.88%
Oct 25	8.51%
Oct 25	8.72%
Oct 25	9.05%
Oct 25	8.68%
Oct 25	8.6%
Sep 25	9.67%
Sep 25	10.11%
Sep 25	10.2%
Sep 25	10.47%
Aug 25	10.13%
Aug 25	10.23%
Aug 25	10.69%
Aug 25	10.56%
Aug 25	10.31%
Jul 25	10.24%
Jul 25	10.41%
Jul 25	10.03%
Jul 25	10.07%
Jun 25	8.83%
Jun 25	8.27%
Jun 25	8.29%
Jun 25	8.8%
May 25	9.13%
May 25	8.93%
May 25	8.87%
May 25	8.95%
May 25	9.5%
Apr 25	9.35%
Apr 25	9.54%
Apr 25	10.09%
Apr 25	9.7%
Mar 25	10.48%
Mar 25	10.54%
Mar 25	10.85%
Mar 25	11.24%
Feb 25	11.21%
Feb 25	10.74%
Feb 25	10.74%
Feb 25	10.55%
Jan 25	10.38%
Jan 25	10.19%
Jan 25	10.18%
Jan 25	9.69%
Jan 25	10.04%
Dec 24	11.26%
Dec 24	11.52%
Dec 24	10.93%
Dec 24	10.72%
Nov 24	10.3%
Nov 24	10.05%
Nov 24	10.5%
Nov 24	10.29%
Nov 24	10.36%
Oct 24	9.91%

Price to Sales

CNQ.TO Price to Sales by year
Period	Price to Sales
Sep 26	3.68
Sep 26	3.65
Sep 26	3.67
Aug 26	3.59
Aug 26	3.73
Aug 26	3.49
Aug 26	3.34
Jul 26	3.51
Jul 26	3.45
Jul 26	3.23
Jul 26	3.11
Jul 26	2.98
Jun 26	2.81
Jun 26	2.94
Jun 26	3.18
Jun 26	3.2
May 26	3.15
May 26	3.37
May 26	3.32
May 26	3.06
May 26	3.21
Apr 26	3.05
Apr 26	2.95
Apr 26	3.22
Apr 26	3.32
Mar 26	3.34
Mar 26	3.24
Mar 26	3.2
Mar 26	3.03
Feb 26	2.87
Feb 26	2.79
Feb 26	2.67
Feb 26	2.57
Jan 26	2.44
Jan 26	2.38
Jan 26	2.3
Jan 26	2.15
Jan 26	2.27
Dec 25	2.17
Dec 25	2.12
Dec 25	2.19
Dec 25	2.31
Nov 25	2.28
Nov 25	2.27
Nov 25	2.27
Nov 25	2.14
Oct 25	2.14
Oct 25	2.09
Oct 25	2.01
Oct 25	2.1
Oct 25	2.12
Sep 25	2.14
Sep 25	2.04
Sep 25	2.03
Sep 25	1.97
Aug 25	2.04
Aug 25	2.02
Aug 25	1.93
Aug 25	1.96
Aug 25	2
Jul 25	2.02
Jul 25	1.98
Jul 25	2.06
Jul 25	2.05
Jun 25	2.19
Jun 25	2.34
Jun 25	2.33
Jun 25	2.2
May 25	2.12
May 25	2.16
May 25	2.18
May 25	2.16
May 25	2.03
Apr 25	2.07
Apr 25	2.03
Apr 25	1.92
Apr 25	1.99
Mar 25	2.25
Mar 25	2.24
Mar 25	2.18
Mar 25	2.1
Feb 25	2.11
Feb 25	2.2
Feb 25	2.2
Feb 25	2.24
Jan 25	2.28
Jan 25	2.32
Jan 25	2.32
Jan 25	2.44
Jan 25	2.35
Dec 24	2.28
Dec 24	2.23
Dec 24	2.35
Dec 24	2.4
Nov 24	2.5
Nov 24	2.56
Nov 24	2.45
Nov 24	2.5
Nov 24	2.48
Oct 24	2.59

EV/EBITDA

CNQ.TO EV/EBITDA by year
Period	EV/EBITDA
Sep 26	7.35
Sep 26	7.29
Sep 26	7.33
Aug 26	7.18
Aug 26	7.43
Aug 26	7.02
Aug 26	6.75
Jul 26	7.05
Jul 26	6.93
Jul 26	6.56
Jul 26	6.34
Jul 26	6.12
Jun 26	5.74
Jun 26	5.97
Jun 26	6.39
Jun 26	6.42
May 26	6.33
May 26	6.73
May 26	6.62
May 26	6.17
May 26	6.43
Apr 26	6.15
Apr 26	5.98
Apr 26	6.45
Apr 26	6.63
Mar 26	9.12
Mar 26	8.88
Mar 26	8.78
Mar 26	8.36
Feb 26	7.97
Feb 26	7.78
Feb 26	7.47
Feb 26	7.24
Jan 26	6.91
Jan 26	6.78
Jan 26	6.58
Jan 26	6.21
Jan 26	6.5
Dec 25	6.26
Dec 25	6.13
Dec 25	6.3
Dec 25	6.6
Nov 25	6.52
Nov 25	6.5
Nov 25	6.49
Nov 25	6.18
Oct 25	6.06
Oct 25	5.93
Oct 25	5.75
Oct 25	5.95
Oct 25	6
Sep 25	6.52
Sep 25	6.28
Sep 25	6.24
Sep 25	6.1
Aug 25	6.27
Aug 25	6.22
Aug 25	6
Aug 25	6.06
Aug 25	6.18
Jul 25	6.21
Jul 25	6.13
Jul 25	6.32
Jul 25	6.3
Jun 25	7.2
Jun 25	7.6
Jun 25	7.59
Jun 25	7.22
May 25	7.01
May 25	7.14
May 25	7.17
May 25	7.12
May 25	6.78
Apr 25	6.87
Apr 25	6.76
Apr 25	6.47
Apr 25	6.67
Mar 25	6.13
Mar 25	6.09
Mar 25	5.94
Mar 25	5.75
Feb 25	5.77
Feb 25	5.99
Feb 25	5.99
Feb 25	6.09
Jan 25	6.18
Jan 25	6.28
Jan 25	6.29
Jan 25	6.57
Jan 25	6.36
Dec 24	5.93
Dec 24	5.81
Dec 24	6.09
Dec 24	6.2
Nov 24	6.43
Nov 24	6.58
Nov 24	6.32
Nov 24	6.44
Nov 24	6.4
Oct 24	6.66

Price/Operating Cashflow

CNQ.TO Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Sep 26	10.34
Sep 26	10.25
Sep 26	10.31
Aug 26	10.07
Aug 26	10.47
Aug 26	9.82
Aug 26	9.38
Jul 26	9.87
Jul 26	9.68
Jul 26	9.08
Jul 26	8.73
Jul 26	8.38
Jun 26	7.73
Jun 26	8.09
Jun 26	8.74
Jun 26	8.79
May 26	8.65
May 26	9.27
May 26	9.11
May 26	8.4
May 26	8.81
Apr 26	8.37
Apr 26	8.11
Apr 26	8.85
Apr 26	9.12
Mar 26	9.73
Mar 26	9.44
Mar 26	9.32
Mar 26	8.82
Feb 26	8.36
Feb 26	8.12
Feb 26	7.76
Feb 26	7.48
Jan 26	7.09
Jan 26	6.93
Jan 26	6.69
Jan 26	6.25
Jan 26	6.6
Dec 25	6.31
Dec 25	6.16
Dec 25	6.37
Dec 25	6.72
Nov 25	6.62
Nov 25	6.6
Nov 25	6.59
Nov 25	6.22
Oct 25	6.79
Oct 25	6.63
Oct 25	6.38
Oct 25	6.65
Oct 25	6.72
Sep 25	6.47
Sep 25	6.18
Sep 25	6.13
Sep 25	5.97
Aug 25	6.17
Aug 25	6.11
Aug 25	5.85
Aug 25	5.92
Aug 25	6.06
Jul 25	6.1
Jul 25	6
Jul 25	6.23
Jul 25	6.21
Jun 25	6.79
Jun 25	7.24
Jun 25	7.23
Jun 25	6.81
May 25	6.56
May 25	6.71
May 25	6.76
May 25	6.7
May 25	6.31
Apr 25	6.41
Apr 25	6.28
Apr 25	5.94
Apr 25	6.18
Mar 25	6.28
Mar 25	6.24
Mar 25	6.06
Mar 25	5.85
Feb 25	5.86
Feb 25	6.12
Feb 25	6.12
Feb 25	6.23
Jan 25	6.34
Jan 25	6.45
Jan 25	6.46
Jan 25	6.79
Jan 25	6.55
Dec 24	6.08
Dec 24	5.94
Dec 24	6.26
Dec 24	6.38
Nov 24	6.64
Nov 24	6.81
Nov 24	6.51
Nov 24	6.65
Nov 24	6.61
Oct 24	6.9

Price to Book

CNQ.TO Price to Book by year
Period	Price to Book
Sep 26	3.27
Sep 26	3.24
Sep 26	3.26
Aug 26	3.18
Aug 26	3.31
Aug 26	3.1
Aug 26	2.96
Jul 26	3.12
Jul 26	3.06
Jul 26	2.87
Jul 26	2.76
Jul 26	2.65
Jun 26	2.63
Jun 26	2.75
Jun 26	2.98
Jun 26	2.99
May 26	2.94
May 26	3.16
May 26	3.1
May 26	2.86
May 26	3
Apr 26	2.85
Apr 26	2.76
Apr 26	3.01
Apr 26	3.11
Mar 26	3.55
Mar 26	3.45
Mar 26	3.4
Mar 26	3.22
Feb 26	3.05
Feb 26	2.97
Feb 26	2.83
Feb 26	2.73
Jan 26	2.59
Jan 26	2.53
Jan 26	2.44
Jan 26	2.28
Jan 26	2.41
Dec 25	2.3
Dec 25	2.25
Dec 25	2.32
Dec 25	2.45
Nov 25	2.42
Nov 25	2.41
Nov 25	2.41
Nov 25	2.27
Oct 25	2.27
Oct 25	2.22
Oct 25	2.14
Oct 25	2.23
Oct 25	2.25
Sep 25	2.37
Sep 25	2.26
Sep 25	2.24
Sep 25	2.18
Aug 25	2.26
Aug 25	2.24
Aug 25	2.14
Aug 25	2.17
Aug 25	2.22
Jul 25	2.23
Jul 25	2.2
Jul 25	2.28
Jul 25	2.27
Jun 25	2.3
Jun 25	2.46
Jun 25	2.45
Jun 25	2.31
May 25	2.23
May 25	2.28
May 25	2.29
May 25	2.27
May 25	2.14
Apr 25	2.17
Apr 25	2.13
Apr 25	2.01
Apr 25	2.1
Mar 25	2.32
Mar 25	2.31
Mar 25	2.24
Mar 25	2.16
Feb 25	2.17
Feb 25	2.27
Feb 25	2.27
Feb 25	2.31
Jan 25	2.35
Jan 25	2.39
Jan 25	2.39
Jan 25	2.51
Jan 25	2.42
Dec 24	2.35
Dec 24	2.3
Dec 24	2.42
Dec 24	2.47
Nov 24	2.57
Nov 24	2.63
Nov 24	2.52
Nov 24	2.57
Nov 24	2.56
Oct 24	2.67

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Canadian Natural Resources Limited

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