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Upturn AI Summary - About
Canadian Natural Resources Ltd(CNQ)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for CNQ
09/23/2026: CNQ (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Canadian Natural Resources Ltd is a prominent, independent energy company primarily focused on oil and gas exploration and production, with a significant asset base in the Canadian oil sands. The company is known for its robust, long-life assets, low operating costs, and integrated infrastructure, which provide a solid foundation for consistent cash flow generation. Its primary investment story centers on its ability to sustain production and provide reliable dividends. Key risks include exposure to volatile global commodity prices, potential regulatory challenges, and the long-term energy transition. The stock is best suited for dividend-focused and value-oriented investors who can tolerate commodity-related cyclicality.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is largely driven by asset maturity and commodity prices rather than aggressive expansion. |
| Momentum investor | Strong fit while signal remains positive | Momentum investors may find opportunities during periods of sustained energy price rallies. |
| Value investor | Strong fit | The company often trades at valuations reflecting its long-life, high-quality asset base. |
| Dividend investor | Strong fit | The company's commitment to consistent base and supplemental dividends is a primary draw for income-focused investors. |
| Low-risk investor | Mixed fit | While operations are stable, the stock remains sensitive to volatile global commodity prices. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Company earnings are directly tied to the unpredictable fluctuations of global oil and gas prices. |
| Valuation risk | Medium | Asset valuations fluctuate with market sentiment regarding the long-term future of fossil fuels. |
| Competition risk (Energy sector rivalry) | Medium | Maintaining cost competitiveness against peers is essential for long-term viability. |
| Business quality | Strong | The company holds a strong position due to its massive, long-life asset base in Canada. |
| Dividend income | Strong | A demonstrated history of returning capital supports reliability for income investors. |
| Execution risk | Medium | Operational delays or regulatory hurdles in large-scale energy projects can impact financial results. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit -35.41% | Avg. Invested days 26 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/23/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 98.48B USD | Price to earnings Ratio 11.88 | 1Y Target Price 48.39 |
Price to earnings Ratio 11.88 | 1Y Target Price 48.39 | ||
Volume (30-day avg) 6.7M shares | Beta 0.88 | 52 Weeks Range 28.48 - 51.84 | Updated Date 09/22/2026 |
52 Weeks Range 28.48 - 51.84 | Updated Date 09/22/2026 | ||
Dividends yield (FY) 5.02% | Basic EPS (TTM) 4.02 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Crude Oil Operations | Production of light, medium, and heavy crude, including bitumen from oil sands mining and in-situ recovery. | The primary source of revenue, highly sensitive to global oil price benchmarks. |
| Natural Gas Operations | Exploration and production of natural gas in Western Canada. | Provides secondary revenue and is influenced by North American natural gas demand and pricing. |
| Infrastructure & Midstream | Pipelines, storage, and upgrading facilities like Scotford. | Enables efficient transport and processing, acting as a structural advantage for moving product to market. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 11.88 | Forward PE 14.03 | Enterprise Value 110.28B | Price to Sales(TTM) 2.2 |
Enterprise Value 110.28B | Price to Sales(TTM) 2.2 | ||
Enterprise Value to Revenue 3 | Enterprise Value to EBITDA 6.48 | Shares Outstanding 2.06B | Shares Floating 2.01B |
Shares Outstanding 2.06B | Shares Floating 2.01B | ||
Percent Insiders 2.16 | Percent Institutions 78.21 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Canadian Natural Resources Ltd
Exchange NYSE | Headquarters Calgary, AB, Canada | ||
IPO Launch date 1976-05-17 | CEO - | ||
Sector Energy | Industry Oil & Gas E&P | Full time employees 10750 | Website https://www.cnrl.com |
Full time employees 10750 | Website https://www.cnrl.com | ||
Canadian 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, the United Kingdom sector of the North Sea, and Offshore Africa. 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. Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. 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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