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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
10/23/2026: CNQ (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Canadian Natural Resources Limited is a major independent energy company specializing in the exploration, development, and production of crude oil and natural gas. Its primary strength lies in its extensive portfolio of long-life, low-decline assets, which allow for efficient operations and resilient cash flows across commodity cycles. The investment story centers on utilizing these assets to generate sustainable returns and dividends for shareholders. However, the company faces material risks, including high sensitivity to global energy prices, regulatory pressures, and regional infrastructure constraints. It is well-suited for value and dividend-focused investors, who should monitor global oil trends and environmental policy developments.
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 optimization rather than aggressive exploration. |
| Momentum investor | Mixed fit | Price momentum is highly dependent on global oil price trends. |
| Value investor | Strong fit | The company is often viewed as a value play due to its massive asset base relative to market cap. |
| Dividend investor | Strong fit | The company maintains a reliable and growing dividend profile. |
| Low-risk investor | Mixed fit | While operations are efficient, the stock remains subject to commodity price volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Profitability is directly tied to fluctuations in global oil and gas prices. |
| Valuation risk | Medium | Market pricing can be aggressive during commodity bull markets. |
| Competition risk (Energy sector) | Medium | Competition for capital and operational efficiency keeps margins under pressure. |
| Business quality | Strong | The company holds a portfolio of long-life, high-quality energy assets. |
| Dividend income | Low | The dividend is well-supported by cash flows but not immune to sector downturns. |
| Execution risk | Medium | Managing large-scale oil sands projects requires precise operational execution. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit -37.91% | Avg. Invested days 23 | 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 10/23/2026 |
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 111.16B USD | Price to earnings Ratio 13.31 | 1Y Target Price 49.24 |
Price to earnings Ratio 13.31 | 1Y Target Price 49.24 | ||
Volume (30-day avg) 5.6M shares | Beta 0.94 | 52 Weeks Range 29.28 - 55.49 | Updated Date 10/22/2026 |
52 Weeks Range 29.28 - 55.49 | Updated Date 10/22/2026 | ||
Dividends yield (FY) 4.47% | Basic EPS (TTM) 4.05 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Oil Sands Mining | Synthetic crude oil produced from bitumen mining and upgrading. | This is the core engine of production, representing a large portion of output. |
| Thermal In Situ | Bitumen extraction via steam-assisted methods. | Provides stable, long-term production with predictable costs. |
| Exploration & Production | Conventional oil and natural gas production in North America and abroad. | Adds geographical and commodity diversification to the portfolio. |
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 13.31 | Forward PE 13.87 | Enterprise Value 108.69B | Price to Sales(TTM) 2.49 |
Enterprise Value 108.69B | Price to Sales(TTM) 2.49 | ||
Enterprise Value to Revenue 2.97 | Enterprise Value to EBITDA 6.42 | Shares Outstanding 2.06B | Shares Floating 2.01B |
Shares Outstanding 2.06B | Shares Floating 2.01B | ||
Percent Insiders 2.17 | Percent Institutions 78.64 |
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.
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