Canadian Natural Resources Limited (CNQ.TO) Stock Analysis
$CNQ.TO · Energy · Oil & Gas Exploration & Production · TSX
Canadian Natural Resources (CNQ.TO), a Oil & Gas Exploration & Production company, is listed on TSX, has a market capitalization of about $156.88B and trades at 12.5x trailing earnings.
Price
$76.10
Market cap
$156.88B
P/E ratio
12.5x
Dividend yield
3.24%
About Canadian Natural Resources Limited
Canadian Natural Resources Limited (CNRL) is an integrated energy company involved in the entire lifecycle of hydrocarbon resources, from acquisition and exploration to development, production, marketing, and sales. The firm's product portfolio includes various grades of crude oil, such as synthetic crude oil (SCO), light, medium, and heavy crude oils (including bitumen or thermal oil, and Pelican Lake heavy crude), along with natural gas and natural gas liquids (NGLs). CNRL also manages midstream and refining infrastructure, comprising two crude oil pipeline systems and a 50% interest in an 84-megawatt cogeneration facility situated in Primrose. As of December 31, 2020, the company held significant reserves: 10,528 million barrels (MMbbl) of proved crude oil, bitumen, and NGLs (13,271 MMbbl total proved plus probable). 6,998 MMbbl of proved SCO (7,535 MMbbl total proved plus probable).
How StockWorthy values CNQ.TO
StockWorthy forecasts Canadian Natural Resources Limited's revenue, operating profitability, reinvestment (capital expenditure, depreciation and working capital) and unlevered free cash flow, then discounts those cash flows using a normalized cost of capital built from CNQ.TO's size, profitability and balance-sheet risk. Terminal growth is adjusted to reflect the company's mature growth profile rather than a fixed number. The model presents bear, base and bull scenarios, and every key assumption stays transparent and adjustable in the full StockWorthy analysis. Results are educational and not investment advice.
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