Canadian Natural Resources

CNQ · TSX · CAD

$67.74Change from previous close: +1.21%Absolute change: +$0.81

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$139.58B
Enterprise value
$155.54B
P/E (trailing 12 months)
12.0
Forward P/E
12.4
PEG
3.42
Price/book
2.99
Price/sales
3.12
EV/EBITDA
8.13
EV/revenue
3.48

Profitability and growth

Gross margin
51.6%
Operating margin
43.1%
Net margin
26.3%
ROE
26.7%
ROA
7.9%
Revenue growth (year over year)
69.5%
Earnings growth (year over year)
83.8%

Financial health

Total cash
$2.62B
Total debt
$20.18B
Debt/equity
0.43
Current ratio
1.00
Quick ratio
0.70

Dividends

Annual dividend per share
$2.50
Dividend yield
3.7%
Payout ratio
43.2%
Ex-dividend date
September 11, 2026

Analysts and estimates

Average price target
$72.57
Median price target
$72.00
High price target
$84.00
Low price target
$62.00
Analysts with a price target
21
Consensus
Buy
Forward EPS
$5.46
EPS estimate, current year
$6.06

Shares and trading

Beta
0.88
Average volume
14.07M
Shares outstanding
2.06B
Float
2.01B
Institutional ownership
78.5%
Insider ownership
2.2%
Short ratio (days)
0.86