Canadian Natural Resources Limited (CNQ)Energy | Oil & Gas E&P | Calgary, Canada | NYSE
43.05 USD
+1.24
(2.966%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 43.20 +0.15 (0.348%) ⇧ (July 13, 2026, 7:56 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 3:41 a.m. EDT
Canadian Natural Resources presents a compelling value case for patient capital, though the immediate path forward is murky. Fundamentally, the company is a fortress: it boasts a robust 22.8% return on equity, healthy free cash flow generation, and a manageable debt load relative to its earnings power. The stock trades at a discount to its intrinsic value, priced at roughly 11.5x forward earnings, which reflects the market's anxiety over recent operational headwinds. However, the price action tells a different story than the balance sheet; the stock has suffered a significant multi-year decline, dropping nearly 12% in the trailing year and failing to recover its 2024 highs. This structural underperformance suggests the market is pricing in persistent challenges in the North American energy sector that haven't yet been resolved. While the dividend yield of 4.2% provides a substantial cushion and the payout ratio remains sustainable at roughly 45%, the lack of recent price momentum and the recent dip despite beating earnings forecasts indicate that the 'value' hasn't been fully recognized yet. For investors, this is a classic 'wait and see' setup: the business is excellent, but the timing for a full recovery remains uncertain. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.053455 |
| MSTL | 0.054972 |
| AutoETS | 0.055637 |
| AutoARIMA | 0.056345 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 6.06 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.067 |
| Excess Kurtosis | -0.64 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Ex Dividend Date | 2026-06-22 |
| Last Dividend Date | 2026-06-22 |
| Debt to Equity Ratio | 44.85 |
| Revenue per Share | 18.51 |
| Market Cap | 89,789,808,640 |
| Trailing P/E | 11.79 |
| Forward P/E | 11.88 |
| Beta | 0.88 |
| Profit Margins | 25.13% |
| Website | https://www.cnrl.com |
As of July 11, 2026, 3:41 a.m. EDT: Speculators are positioning for a range-bound to slightly bullish outcome, with heavy open interest walls at $42.00 and $50.00 strikes. Call volume is skewed toward out-of-the-money targets ($45-$55), while put activity clusters near current prices ($38-$40), suggesting a floor rather than a crash scenario. Implied volatility remains elevated relative to historical norms, indicating uncertainty about the immediate direction.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.08% | 2.01% | 3.84% | 4.51% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-23 | 0.442000 | 1.077523 |
| 2026-03-20 | 0.455000 | 0.928193 |
| 2025-06-13 | 0.432000 | 1.278863 |
| 2025-03-21 | 0.410000 | 1.351797 |
| 2024-12-13 | 0.390000 | 1.239276 |
| 2024-09-13 | 0.387000 | 1.210510 |
| 2024-06-17 | 0.382000 | 1.133868 |
| 2024-03-14 | 0.390000 | 1.059351 |
| 2023-12-07 | 0.368000 | 1.201240 |
| 2023-09-14 | 0.332000 | 1.026751 |
| 2023-06-15 | 0.338000 | 1.215827 |
| 2023-03-16 | 0.327000 | 1.286642 |
| 2022-12-15 | 0.314000 | 1.154200 |
| 2022-09-15 | 0.285000 | 1.053604 |
| 2022-08-22 | 0.577500 | 2.113063 |
| 2022-06-16 | 0.285015 | 1.045072 |
| 2022-03-17 | 0.289912 | 0.965428 |
| 2021-12-09 | 0.227228 | 1.118610 |
| 2021-09-16 | 0.182174 | 1.075453 |
| 2021-06-17 | 0.187561 | 1.093347 |
| 2021-03-18 | 0.185602 | 1.281269 |
| 2020-12-08 | 0.162586 | 1.353447 |
| 2020-09-17 | 0.158178 | 1.801447 |
| 2020-06-11 | 0.155240 | 1.779899 |
| 2020-03-19 | 0.143487 | 3.785535 |
| 2019-12-10 | 0.138590 | 0.958675 |
| 2019-09-12 | 0.139079 | 1.120313 |
| 2019-06-13 | 0.137610 | 1.053617 |
| 2019-03-21 | 0.138100 | 0.991213 |
| 2018-09-13 | 0.126347 | 0.804994 |
| 2018-06-14 | 0.126347 | 0.804492 |
| 2018-03-15 | 0.126836 | 0.866508 |
| 2017-12-11 | 0.104799 | 0.618317 |
| 2017-09-14 | 0.110676 | 0.685265 |
| 2017-06-14 | 0.101861 | 0.737066 |
| 2017-03-15 | 0.099902 | 0.620815 |
| 2016-12-07 | 0.092067 | 0.565756 |
| 2016-09-14 | 0.085700 | 0.601579 |
| 2016-06-15 | 0.087659 | 0.623475 |
| 2016-03-16 | 0.083150 | 0.623639 |
| 2015-12-09 | 0.081700 | 0.791570 |
| 2015-09-09 | 0.084117 | 0.847953 |
| 2015-06-10 | 0.089918 | 0.615485 |
| 2015-03-12 | 0.087018 | 0.628056 |
| 2014-12-10 | 0.095236 | 0.668703 |
| 2014-09-10 | 0.099103 | 0.501834 |
| 2014-06-11 | 0.099587 | 0.484593 |
| 2014-03-13 | 0.097653 | 0.566143 |
| 2013-12-11 | 0.091369 | 0.580292 |
| 2013-09-11 | 0.058495 | 0.380143 |
| 2013-06-12 | 0.058979 | 0.429883 |
| 2013-03-14 | 0.058495 | 0.371506 |
| 2012-12-12 | 0.050760 | 0.368678 |
| 2012-09-12 | 0.052211 | 0.330076 |
| 2012-06-13 | 0.049310 | 0.386657 |
| 2012-03-15 | 0.051244 | 0.306715 |
| 2011-12-14 | 0.042542 | 0.261128 |
| 2011-09-14 | 0.043992 | 0.262020 |
| 2011-06-15 | 0.044476 | 0.231740 |
| 2011-03-16 | 0.043992 | 0.196501 |
| 2010-12-15 | 0.036257 | 0.177723 |
| 2010-09-15 | 0.035290 | 0.219150 |
| 2010-06-09 | 0.034324 | 0.207060 |
| 2010-03-10 | 0.035049 | 0.197173 |
| 2009-12-09 | 0.024172 | 0.157384 |
| 2009-09-09 | 0.023688 | 0.160182 |
| 2009-06-10 | 0.022963 | 0.162922 |
| 2009-03-11 | 0.019579 | 0.231231 |
| 2008-12-10 | 0.019337 | 0.236473 |
| 2008-09-10 | 0.022721 | 0.127456 |
| 2008-06-11 | 0.023446 | 0.094137 |
| 2008-03-12 | 0.024655 | 0.139956 |
| 2007-12-12 | 0.020546 | 0.124016 |
| 2007-09-12 | 0.019579 | 0.111371 |
| 2007-06-13 | 0.019337 | 0.120390 |
| 2007-03-14 | 0.017645 | 0.141389 |
| 2006-12-13 | 0.015712 | 0.121727 |
| 2006-09-13 | 0.016195 | 0.146097 |
| 2006-06-14 | 0.016195 | 0.141321 |
| 2006-03-15 | 0.015712 | 0.114299 |
| 2005-12-14 | 0.012569 | 0.096509 |
| 2005-09-14 | 0.012327 | 0.109602 |
| 2005-06-15 | 0.011602 | 0.138125 |
| 2005-03-16 | 0.013657 | 0.194828 |
| 2004-12-15 | 0.009910 | 0.199506 |
| 2004-09-15 | 0.008823 | 0.209478 |
| 2004-06-16 | 0.012086 | 0.353363 |
| 2004-03-10 | 0.012086 | 0.366307 |
| 2003-12-10 | 0.009064 | 0.326785 |
| 2003-09-10 | 0.009064 | 0.373028 |
| 2003-06-11 | 0.009064 | 0.356705 |
| 2003-03-12 | 0.009064 | 0.429783 |
| 2002-12-11 | 0.007554 | 0.440163 |
| 2002-09-11 | 0.007554 | 0.386418 |
| 2002-06-12 | 0.007554 | 0.396468 |
| 2002-03-13 | 0.007554 | 0.411883 |
| 2001-12-12 | 0.006043 | 0.410685 |
| 2001-09-19 | 0.003867 | 0.234062 |
| 2001-09-17 | 0.003867 | 0.215101 |
| 2001-06-13 | 0.006043 | 0.307225 |
| 2001-03-15 | 0.006043 | 0.333339 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.3151934 |
| Address1 | 2,100, 855 - 2nd Street S.W. |
| All Time High | 51.34 |
| All Time Low | 1.377779 |
| Ask | 0.0 |
| Ask Size | 2,800 |
| Audit Risk | 4 |
| Average Analyst Rating | 2.2 - Buy |
| Average Daily Volume10 Day | 8,320,340 |
| Average Daily Volume3 Month | 9,514,368 |
| Average Volume | 9,514,368 |
| Average Volume10Days | 8,320,340 |
| Beta | 0.881 |
| Bid | 0.0 |
| Bid Size | 2,300 |
| Board Risk | 9 |
| Book Value | 15.105532 |
| City | Calgary |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 3 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 43.05 |
| Current Ratio | 0.984 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 43.325 |
| Day Low | 42.3343 |
| Debt To Equity | 44.85 |
| Display Name | Canadian Natural Resources |
| Dividend Date | 1,783,382,400 |
| Dividend Rate | 1.76 |
| Dividend Yield | 4.21 |
| Earnings Call Timestamp End | 1,786,046,400 |
| Earnings Call Timestamp Start | 1,786,046,400 |
| Earnings Growth | -0.453 |
| Earnings Quarterly Growth | -0.452 |
| Earnings Timestamp | 1,786,019,400 |
| Earnings Timestamp End | 1,786,019,400 |
| Earnings Timestamp Start | 1,786,019,400 |
| Ebitda | 14,796,000,256 |
| Ebitda Margins | 0.38299 |
| Enterprise To Ebitda | 7.177 |
| Enterprise To Revenue | 2.749 |
| Enterprise Value | 106,192,977,920 |
| Eps Current Year | 5.99375 |
| Eps Forward | 3.6226516 |
| Eps Trailing Twelve Months | 3.65 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,782,172,800 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 403 517 7350 |
| Fifty Day Average | 44.6486 |
| Fifty Day Average Change | -1.5986023 |
| Fifty Day Average Change Percent | -0.035804085 |
| Fifty Two Week Change Percent | 31.51934 |
| Fifty Two Week High | 51.34 |
| Fifty Two Week High Change | -8.290001 |
| Fifty Two Week High Change Percent | -0.16147256 |
| Fifty Two Week Low | 29.3 |
| Fifty Two Week Low Change | 13.75 |
| Fifty Two Week Low Change Percent | 0.46928328 |
| Fifty Two Week Range | 29.3 - 51.34 |
| Financial Currency | CAD |
| First Trade Date Milliseconds | 965,050,200,000 |
| Five Year Avg Dividend Yield | 4.19 |
| Float Shares | 2,033,411,862 |
| Forward Eps | 3.6226516 |
| Forward P E | 11.88356 |
| Free Cashflow | 5,340,624,896 |
| Full Exchange Name | NYSE |
| Full Time Employees | 10,750 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.48668 |
| Gross Profits | 18,801,999,872 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.021659998 |
| Held Percent Institutions | 0.81837 |
| Implied Shares Outstanding | 2,085,710,000 |
| Industry | Oil & Gas E&P |
| Industry Disp | Oil & Gas E&P |
| Industry Key | oil-gas-e-p |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,782,172,800 |
| Last Dividend Value | 0.442 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,718,064,000 |
| Last Split Factor | 2:1 |
| Long Business Summary | 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 synthetic crude oil (SCO), mining bitumen, light and medium crude oil and NGLs, thermal bitumen, primary heavy crude oil and Pelican Lake heavy crude oil. 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. |
| Long Name | Canadian Natural Resources Limited |
| Market | us_market |
| Market Cap | 89,789,808,640 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_527692 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | 9,710,000,128 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 86,825,005,987 |
| Number Of Analyst Opinions | 4 |
| Open | 42.65 |
| Operating Cashflow | 14,104,000,512 |
| Operating Margins | 0.21776 |
| Overall Risk | 6 |
| Payout Ratio | 0.45540002 |
| Peg Ratio | 3.42 |
| Phone | 403 517 6700 |
| Post Market Change | 0.15000153 |
| Post Market Change Percent | 0.3484356 |
| Post Market Price | 43.2 |
| Post Market Time | 1,783,987,018 |
| Previous Close | 41.81 |
| Price Eps Current Year | 7.1824813 |
| Price Hint | 2 |
| Price To Book | 2.8499494 |
| Price To Sales Trailing12 Months | 2.3241737 |
| Profit Margins | 0.25134 |
| Quick Ratio | 0.636 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.22727 |
| Region | US |
| Regular Market Change | 1.24 |
| Regular Market Change Percent | 2.96579 |
| Regular Market Day High | 43.325 |
| Regular Market Day Low | 42.3343 |
| Regular Market Day Range | 42.3343 - 43.325 |
| Regular Market Open | 42.65 |
| Regular Market Previous Close | 41.81 |
| Regular Market Price | 43.05 |
| Regular Market Time | 1,783,972,802 |
| Regular Market Volume | 6,261,648 |
| Return On Assets | 0.050419997 |
| Return On Equity | 0.22825001 |
| Revenue Growth | -0.012 |
| Revenue Per Share | 18.51 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Share Holder Rights Risk | 6 |
| Shares Outstanding | 2,085,710,000 |
| Shares Percent Shares Out | 0.0458 |
| Shares Short | 112,605,424 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 51,596,398 |
| Short Name | Canadian Natural Resources Limi |
| Short Ratio | 9.78 |
| Source Interval | 15 |
| State | AB |
| Symbol | CNQ |
| Target High Price | 51.548088 |
| Target Low Price | 41.17393 |
| Target Mean Price | 46.347565 |
| Target Median Price | 46.334118 |
| Total Cash | 808,000,000 |
| Total Cash Per Share | 0.388 |
| Total Debt | 20,020,000,768 |
| Total Revenue | 38,633,000,960 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 2.388 |
| Trailing Annual Dividend Yield | 0.05711552 |
| Trailing Eps | 3.65 |
| Trailing P E | 11.79452 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 39.40785 |
| Two Hundred Day Average Change | 3.6421509 |
| Two Hundred Day Average Change Percent | 0.092421964 |
| Type Disp | Equity |
| Volume | 6,261,648 |
| Website | https://www.cnrl.com |
| Zip | T2P 4J8 |