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General information

Country: CANADA

Sector: Oil and Gas E and P

Canadian Natural Resources Limited explores for, develops, produces, and markets crude oil, natural gas, and natural gas liquids (NGLs). The company offers synthetic crude oil (SCO), light and medium crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake heavy crude oil. Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2019, the company had gross proved crude oil, bitumen, SCO, and NGLs reserves totaled 9,917 million barrels; gross proved plus probable crude oil, bitumen, SCO, and NGLs reserves totaled 12,651 million barrels; proved natural gas reserves totaled 6,460 billion cubic feet; and gross proved plus probable natural gas reserves totaled 9,607 billion cubic feet. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.
  • Current market environment: negative. Prices of production are 6.2% lower compared to the last 12 months (LTM)
  • Prices of production are at 27.9% percentile over the past 5 years, adjusted for inflation
  • Dividend yield for the last twelve months 5.2%
  • Free cash flow yield 2.7% (LTM), projected -0.2%
  • Share price is 45.3% higher than minimum and 26.2% lower than maximum for the last 3 years
  • The company is undervalued by EV / LTM EBITDA multiple compared to target level (4.3x vs
    )
  • The company is undervalued by EV / projected EBITDA multiple compared to target level (
    vs
    )

Key Financials (Download financials)

Ticker: CNQ
Share price, USD:  (+0.5%)30.395
year average price 34.90  


year start price 32.67 2023-12-28

max close price 41.16 2024-04-10

min close price 29.51 2024-12-19

current price 30.40 2024-12-26
Common stocks: 2 200 926 000

Dividend Yield:  5.2%
FCF Yield LTM / expected: 2.7% / -0.2%
EV / LTM EBITDA: 4.3x
EV / EBITDA annualized: 4.3x
Production prices change from LTM: -6.2%
EV / projected EBITDA:
Target EV / EBITDA (hist percentile):
Express share price potential:
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 66 897
Net Debt ($m): 6 750
EV (Enterprise Value): 73 647
EBITDA LTM ($m): 17 113
EV / LTM EBITDA: 4.3x
Price to Book: 2.3x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / LTM EBITDA and 75% percentile

Potential dynamics

News


2024-12-05zacks.com

Should You Buy Canadian Natural Stock Amid Current Valuation or Hold?

2024-12-03newsfilecorp.com

Canadian Natural Resources Limited Prices US$1,500 Million in 5 and 10 Year USD Notes and C$500 Million in 7 Year CAD Notes

2024-11-25seekingalpha.com

Canadian Natural Resources: Prioritizing Shareholder Value

2024-11-22zacks.com

It's Time to Look at 3 High-Yield Large-Cap Energy Stocks

2024-11-07seekingalpha.com

Canadian Natural Resources Q3: Another Solid Quarter

2024-10-31seekingalpha.com

Canadian Natural Resources Limited (CNQ) Q3 2024 Earnings Call Transcript

2024-10-31seekingalpha.com

Top Pick Alert: Why I Just Became Even More Bullish On Canadian Natural Resources

2024-10-31zacks.com

Canadian Natural Resources (CNQ) Q3 Earnings and Revenues Surpass Estimates

2024-10-31newsfilecorp.com

Canadian Natural Resources Limited Announces 2024 Third Quarter Results

2024-10-21zacks.com

Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
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