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Canadian Natural Resources Ltd (CNQ)



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Upturn Advisory Summary
08/28/2025: CNQ (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $35.63
1 Year Target Price $35.63
8 | Strong Buy |
6 | Buy |
7 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -28.72% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Large-Cap Stock | Market Capitalization 65.52B USD | Price to earnings Ratio 11.09 | 1Y Target Price 35.63 |
Price to earnings Ratio 11.09 | 1Y Target Price 35.63 | ||
Volume (30-day avg) 21 | Beta 1.53 | 52 Weeks Range 24.34 - 36.49 | Updated Date 08/28/2025 |
52 Weeks Range 24.34 - 36.49 | Updated Date 08/28/2025 | ||
Dividends yield (FY) 8.91% | Basic EPS (TTM) 2.84 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-07-30 | When Before Market | Estimate 0.6553 | Actual 0.71 |
Profitability
Profit Margin 21.9% | Operating Margin (TTM) 23.67% |
Management Effectiveness
Return on Assets (TTM) 8.35% | Return on Equity (TTM) 20.61% |
Valuation
Trailing PE 11.09 | Forward PE 13.87 | Enterprise Value 77435544973 | Price to Sales(TTM) 1.72 |
Enterprise Value 77435544973 | Price to Sales(TTM) 1.72 | ||
Enterprise Value to Revenue 2.44 | Enterprise Value to EBITDA 5.85 | Shares Outstanding 2080600064 | Shares Floating 2041385332 |
Shares Outstanding 2080600064 | Shares Floating 2041385332 | ||
Percent Insiders 2.27 | Percent Institutions 75.39 |
Upturn AI SWOT
Canadian Natural Resources Ltd

Company Overview
History and Background
Canadian Natural Resources Ltd. (CNQ) was founded in 1973. It has grown through acquisitions and organic development to become a major oil and natural gas producer with a diverse portfolio of assets.
Core Business Areas
- Oil Sands Mining and Upgrading: Focuses on the extraction and upgrading of bitumen from oil sands deposits.
- Thermal In-Situ Oil Sands: Employs in-situ methods to extract bitumen from deeper oil sands reservoirs.
- Conventional Oil and Natural Gas: Involves the exploration, development, and production of conventional crude oil and natural gas.
- North Sea: Includes oil and gas production in the North Sea region.
- Midstream and Refining: Includes pipelines, storage, and refining activities.
Leadership and Structure
Tim McKay is the President of CNQ. The company operates under a Board of Directors and a management team overseeing various operational divisions.
Top Products and Market Share
Key Offerings
- Synthetic Crude Oil (SCO): SCO is a key product from CNQ's oil sands operations. Competitors include Suncor Energy and Cenovus Energy. Market share information is not readily available for just synthetic crude oil. Revenue is generated by the total extraction
- Conventional Crude Oil: Crude oil produced from conventional fields. Competitors include ExxonMobil and Chevron within the North American context. Market share information is not readily available for this specific product.
- market share:
- Natural Gas: Natural gas production from various fields. Competitors include Southwestern Energy and EQT Corporation within the North American context. Market share information is not readily available for this specific product.
- market share:
Market Dynamics
Industry Overview
The oil and gas industry is characterized by fluctuating commodity prices, geopolitical factors, and increasing environmental concerns. Demand is influenced by global economic growth and energy consumption patterns.
Positioning
CNQ is a large, integrated oil and gas producer with a focus on long-life, low-decline assets. Its competitive advantage lies in its diversified asset base and operational efficiency.
Total Addressable Market (TAM)
The global oil and gas market is valued in the trillions of dollars. CNQ is positioned to capture a portion of this market through its diversified operations and efficient production.
Upturn SWOT Analysis
Strengths
- Large, diversified asset base
- Low-decline production profile
- Strong operational capabilities
- Integrated business model
- Proven track record of cost management
Weaknesses
- Exposure to volatile commodity prices
- High capital expenditure requirements
- Environmental liabilities associated with oil sands operations
- Dependence on pipeline infrastructure
Opportunities
- Expansion of oil sands production
- Development of new technologies to reduce environmental impact
- Increased demand for natural gas as a transition fuel
- Acquisition of complementary assets
- Increased market share due to other companies having increased costs
Threats
- Decline in commodity prices
- Increased environmental regulations
- Opposition from environmental groups
- Competition from other oil and gas producers
- Geopolitical risks
Competitors and Market Share
Key Competitors
- XOM
- CVX
- COP
Competitive Landscape
CNQ competes with other major oil and gas producers based on production costs, operational efficiency, and asset quality. It focuses on long-life, low-decline assets to ensure stable production and cash flow.
Major Acquisitions
Devon Canada
- Year: 2020
- Acquisition Price (USD millions): 2800
- Strategic Rationale: Expanded CNQ's thermal in-situ oil sands operations.
Growth Trajectory and Initiatives
Historical Growth: CNQ has grown through a combination of organic development and acquisitions.
Future Projections: Analyst estimates for future growth vary depending on commodity price forecasts and company-specific factors.
Recent Initiatives: Monitor company announcements and press releases for recent strategic initiatives.
Summary
Canadian Natural Resources Ltd. is a major oil and gas producer with a diversified asset base and a focus on long-life, low-decline assets. Its strengths include strong operational capabilities and cost management, but it faces challenges related to commodity price volatility and environmental regulations. The company is positioned to benefit from increasing demand for natural gas and expansion of its oil sands operations, but must also manage the threats posed by environmental opposition and geopolitical risks. The company has a strong base and should benefit from increases in oil and gas prices
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Financial News Sources
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data is based on estimates and may not be precise. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.
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.
About Canadian Natural Resources Ltd
Exchange NYSE | Headquaters Calgary, AB, Canada | ||
IPO Launch date 1976-05-17 | CEO - | ||
Sector Energy | Industry Oil & Gas E&P | Full time employees 10640 | Website https://www.cnrl.com |
Full time employees 10640 | 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 light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO). 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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