Canadian Natural Resources Ltd

Chart & Performance

D1W1MN

P/E

14.72

P/S

2.52

EPS

2.92

Div Yield, %

6.10%

Shrs. gr., 5y

-2.15%

Rev. gr., 5y

7.89%

Revenues

35.66b

-0.87%

Net income

6.11b

-25.84%

CFO

13.39b

+8.36%

Dividend

Dec 13, 20240.39 USD/sh

Earnings

Jul 30, 2025

Profile

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers synthetic crude oil (SCO), light and medium crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake heavy crude oil. Its midstream and refining assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2020, the company had total proved crude oil, bitumen, and NGLs reserves were 10,528 million barrels (MMbbl); total proved plus probable crude oil, bitumen, and NGLs reserves were 13,271 MMbbl; proved SCO reserves were 6,998 MMbbl; total proved plus probable SCO reserves were 7,535 MMbbl; proved natural gas reserves were 12,168 billion cubic feet (Bcf); and total proved plus probable natural gas reserves were 20,249 Bcf. 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.

URL

https://www.cnrl.com/

IPO date

Jul 31, 2000

Employees

10,035

Domiciled in

Incorporated in

Valuation

Order:

Title CAD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CAD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	35,656,000 -0.87%	35,968,000 -27.38%	49,530,000 50.76%
Cost of revenue	18,859,000	18,725,000	34,489,000
Unusual Expense (Income)
NOPBT	16,797,000	17,243,000	15,041,000
NOPBT Margin	47.11%	47.94%	30.37%
Operating Taxes	1,953,000	1,932,000	2,767,000
Tax Rate	11.63%	11.20%	18.40%
NOPAT	14,844,000	15,311,000	12,274,000
Net income	6,106,000 -25.84%	8,233,000 -24.72%	10,937,000 42.71%
Dividends	(4,429,000)	(3,891,000)	(4,926,000)
Dividend yield	4.66%	4.07%	5.70%
Proceeds from repurchase of equity	(2,660,000)	(3,318,000)	(5,129,000)
BB yield	2.80%	3.47%	5.94%
Debt
Debt current	2,655,000	1,278,000	404,000
Long-term debt	19,092,000	12,333,000	12,581,000
Deferred revenue
Other long-term liabilities	18,632,000	17,612,000	8,161,000
Net debt	21,616,000	12,208,000	11,568,000
Cash flow
Cash from operating activities	13,386,000	12,353,000	19,391,000
CAPEX	(5,383,000)	(4,909,000)	(5,103,000)
Cash from investing activities	(14,095,000)	(4,858,000)	(4,987,000)
Cash from financing activities	(37,000)	(7,538,000)	(14,228,000)
FCF	5,367,000	14,191,000	14,630,000
Balance
Cash	131,000	1,402,000	1,411,000
Long term investments		1,000	6,000
Excess cash
Stockholders' equity	39,468,000	39,832,000	38,175,000
Invested Capital	78,383,000	69,798,000	56,457,000
ROIC	20.03%	24.25%	21.37%
ROCE	21.43%	24.70%	22.59%
EV
Common stock shares outstanding	2,140,429	2,204,248	2,298,364
Price	44.38 2.23%	43.41 15.45%	37.60 40.67%
Market cap	94,992,239 -0.73%	95,686,406 10.72%	86,418,486 36.24%
EV	116,608,239	107,894,406	97,986,486
EBITDA	23,645,000	24,022,000	22,394,000
EV/EBITDA	4.93	4.49	4.38
Interest	673,000	691,000	549,000
Interest/NOPBT	4.01%	4.01%	3.65%