Stock AnalizCANADIAN NATURAL RESOURCES Ltd CNQ
Oil & Gas Production · data as of November 13, 2026
CANADIAN NATURAL RESOURCES Ltd (CNQ) is a energy company listed in the US with a market value of about $101.8B. In the twelve months to September 30, 2026 it had revenue of $39.2B and net income of $9.9B, a net margin of 25.3%.
Its overall Stock Analiz score is 3.2 out of 5 (average). The strongest part is financial health (4/5); the weakest is future growth (2/5).
Key numbers: a P/E of 10.5, a price to free cash flow of 11.2, 5-year revenue growth of 16% a year. A discounted cash flow model with moderate assumptions puts its intrinsic value about 60% below the current price.
Score: 3.2 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Revenue growth above 10% last year
- Profit margin improving
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- ROE above 15%
Checks not passed
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- Interest covered more than 5 times
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $39.2B | $28.3B | $24.8B | $27.1B | $31.2B | $23.7B | $13.3B | $17.6B | $15.4B | $13.8B | $8.5B |
| Net income | $9.9B | $7.9B | $4.2B | $6.2B | $8.1B | $6.0B | -$341M | $4.2B | $1.9B | $1.9B | -$152M |
| Free cash flow | $9.1B | — | — | — | — | — | — | — | $4.4B | $2.1B | -$520M |
| EPS (diluted) | $4.75 | $3.86 | $2.07 | $3.04 | $3.95 | $2.95 | $-0.17 | $2.04 | $0.93 | $0.93 | $-0.07 |
| Net margin | 25.3% | 27.9% | 17.1% | 22.9% | 25.9% | 25.5% | -2.6% | 23.7% | 12.3% | 13.8% | -1.8% |
| ROIC | — | — | — | — | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
Frequently asked questions
What is CANADIAN NATURAL RESOURCES’s P/E ratio?
About 10.5, based on the last twelve months of diluted earnings per share (forward P/E about 11.0).
Is CANADIAN NATURAL RESOURCES stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 60% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does CANADIAN NATURAL RESOURCES pay a dividend?
Yes. The dividend yield is about 3.60%, and it has paid dividends for 10 years in our data.
Is CANADIAN NATURAL RESOURCES a good stock to buy?
We do not give buy or sell advice. CANADIAN NATURAL RESOURCES scores 3.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.