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.
Cash Flow Champion | Discover how Canadian Natural Resources' impressive free cash flow yield and dividend strategy position it as a top pick among energy stocks |
Operational Excellence | Explore CNQ's status as a low-cost producer in Western Canada, driving its competitive edge and robust financial performance |
Technological Edge | Learn about CNQ's innovative solvent extraction technology, potentially adding over 180,000 barrels per day to production capacity |
Market Dynamics | Delve into CNQ's positioning amidst industry trends, including the growing hydrogen economy and U.S. tariff impacts. Analyst price targets range from $62 to $63 |
Metrics to compare | CNQ | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipCNQPeersSector | |
---|---|---|---|---|
P/E Ratio | 12.3x | 15.6x | 4.8x | |
PEG Ratio | 2.57 | −0.13 | 0.00 | |
Price/Book | 2.3x | 1.3x | 1.1x | |
Price / LTM Sales | 2.4x | 1.2x | 1.1x | |
Upside (Analyst Target) | 9.8% | 10.7% | 21.5% | |
Fair Value Upside | Unlock | 13.5% | 10.0% | Unlock |