How to buy Canadian Natural Resources stock in Canada

Canadian Natural Resources is an oil & gas e&p business based in Canada. Canadian Natural Resources shares (CNQ) are listed on the Toronto Stock Exchange (TSX) and all prices are listed in Canadian Dollars.

Its last market close was C$42.50 – a decrease of 5.09% over the previous week. Canadian Natural Resources employs 10,272 staff and has a trailing 12-month revenue of around C$35.7 billion.

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Canadian Natural Resources stock price (Toronto Stock Exchange (TSX): CNQ)

Use our graph to track the performance of CNQ stocks over time.

Canadian Natural Resources stocks at a glance

• Key figures

Information last updated 2024-12-18.

Latest market close	C$42.50
52-week range	C$38.40 - C$54.50
50-day moving average more info button	C$47.62
200-day moving average more info button	C$49.01
Wall St. target price	C$56.23
PE ratio more info button	12.1705
Dividend yield more info button	C$2.075 (4.88%)
Earnings per share (TTM) more info button	C$3.52

Is it a good time to buy Canadian Natural Resources stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

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Canadian Natural Resources price performance over time

Historical closes compared with the close of C$42.48 from 2024-12-19

1 week (2024-12-13)	-5.14%
1 month (2024-11-21)	-12.05%
3 months (2024-09-20)	-6.12%
6 months (2024-06-20)	-11.28%

1 year (2023-12-20)	-50.19%
2 years (2022-12-20)	27.26%
3 years (2021-12-20)	98.62%
5 years (2019-12-20)	161.33%

Is Canadian Natural Resources stock undervalued or overvalued?

Valuing Canadian Natural Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Canadian Natural Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Canadian Natural Resources's P/E ratio

Canadian Natural Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Canadian Natural Resources shares trade at around 12x recent earnings.

Canadian Natural Resources's PEG ratio

Canadian Natural Resources's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.33. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Canadian Natural Resources's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Canadian Natural Resources's EBITDA

Canadian Natural Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$16.2 billion.

The EBITDA is a measure of a Canadian Natural Resources's overall financial performance and is widely used to measure a its profitability.

Canadian Natural Resources financials

Revenue TTM	C$35.7 billion
Operating margin TTM	31.74%
Gross profit TTM	C$23.6 billion
Return on assets TTM	8.21%
Return on equity TTM	19.1%
Profit margin	21.25%
Book value	C$18.88
Market Capitalization more info button	C$90.5 billion
EBITDA more info button	C$16.2 billion

TTM: trailing 12 months

Canadian Natural Resources's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Canadian Natural Resources.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Canadian Natural Resources's total ESG risk score

Total ESG risk: 37.03

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Canadian Natural Resources's overall score of 37.03 (as at 12/31/2018) is pretty weak – landing it in it in the 73rd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Canadian Natural Resources is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Canadian Natural Resources's environmental score

Environmental score: 17.09/100

Canadian Natural Resources's environmental score of 17.09 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Canadian Natural Resources is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Canadian Natural Resources's social score

Social score: 9.97/100

Canadian Natural Resources's social score of 9.97 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Canadian Natural Resources is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Canadian Natural Resources's governance score

Governance score: 9.97/100

Canadian Natural Resources's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that Canadian Natural Resources is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Canadian Natural Resources's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Canadian Natural Resources scored a 1 out of 5 for controversy – the highest score possible, reflecting that Canadian Natural Resources has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Canadian Natural Resources Ltd was last rated for ESG on: 2019-01-01.

Total ESG score	37.03
Total ESG percentile	72.78
Environmental score	17.09
Environmental score percentile	5
Social score	9.97
Social score percentile	5
Governance score	9.97
Governance score percentile	5
Level of controversy	1

Canadian Natural Resources stock dividends

Dividend payout ratio: 33.86% of net profits

Recently Canadian Natural Resources has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Canadian Natural Resources shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Canadian Natural Resources's case, that would currently equate to about C$2.075 per share.

While Canadian Natural Resources's payout ratio might seem fairly standard, it's worth remembering that Canadian Natural Resources may be investing much of the rest of its net profits in future growth.

Canadian Natural Resources's most recent dividend payout was on 2 January 2025. The latest dividend was paid out to all shareholders who bought their stocks by 12 December 2024 (the "ex-dividend date").

Have Canadian Natural Resources's stocks ever split?

Canadian Natural Resources's stocks were split on a 2:1 basis on 10 June 2024 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Canadian Natural Resources stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for Canadian Natural Resources stocks, which in turn could have impacted Canadian Natural Resources's stock price.

Canadian Natural Resources stock price volatility

Over the last 12 months, Canadian Natural Resources's stocks have ranged in value from as little as C$38.4019 up to C$54.4981. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Canadian Natural Resources's is 1.878. This would suggest that Canadian Natural Resources's stocks are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Canadian Natural Resources overview

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO). The company's midstream assets include two pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. 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..

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Frequently asked questions

What percentage of Canadian Natural Resources is owned by insiders or institutions?
Currently 4.316% of Canadian Natural Resources stocks are held by insiders and 76.042% by institutions. How many people work for Canadian Natural Resources?
Latest data suggests 10,272 work at Canadian Natural Resources. When does the fiscal year end for Canadian Natural Resources?
Canadian Natural Resources's fiscal year ends in December. Where is Canadian Natural Resources based?
Canadian Natural Resources's address is: 2100, 855 - 2nd Street S.W., Calgary, AB, Canada, T2P 4J8 What is Canadian Natural Resources's ISIN number?
Canadian Natural Resources's international securities identification number is: CA1363851017

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