Canadian Natural Resources Limited is a senior crude oil and natural gas production company with operations in Western Canada, the U.K. portion of the North Sea, and Offshore Africa. The company produces natural gas, light crude oil, natural gas liquids, heavy crude oil, bitumen, and synthetic crude oil. Its asset portfolio includes conventional exploration and production assets, thermal in situ oil sands projects, and oil sands mining and upgrading facilities. Key operating assets include the Primrose, Wolf Lake, Kirby South, Kirby North, Jackfish, and Pike projects, as well as the Muskeg River and Jackpine mines. The company holds a majority interest in the Scotford upgrader and the Quest Carbon Capture and Storage Project, both operated by Shell. It holds significant land bases in the Montney, Deep Basin, and Duvernay formations in Canada and maintains development opportunities in Côte d’Ivoire. Recent acquisitions include Chevron’s Alberta assets and increased ownership in the Athabasca Oil Sands Project.

Summarised from the company's own disclosures, fiscal year ended Oct 2026

Industry Oil & Gas E&P Homepage cnrl.com
Sector Energy IR page cnrl.com/investors
Tags
oil sands mining, thermal in situ, synthetic crude oil, heavy crude oil, natural gas, light crude oil, carbon capture and storage, conventional e&p, Primrose, Wolf Lake, Kirby South, Kirby North, Jackfish, Pike, Muskeg River, Jackpine, Scotford upgrader, Quest Carbon Capture and Storage Project, Pelican Lake, Montney, Deep Basin, Duvernay, Côte d’Ivoire, Athabasca Oil Sands Project, Palliser Block, Albian mines
Press page cnrl.com/news-releases

Metrics

Valuation  
Market cap —
P/E —
P/BV —
P/S —
P/OCF —
P/FCF —
Dividend yield —
Turnover / mcap —
Returns  
ROE 25.8%
ROI 17.7%
ROIC 11.0%
Profit margin 24.5%
Growth  
Revenue growing Yes
Profits growing Yes
Revenue up 3y No
Revenue up 5y —
Quality  
Profitable Yes
Margin expanding No
Buying back stock Yes
Diluting (TTM) No
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News sentiment (TTM) 0
Quality score 61.5%
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Figure FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018 FY 2017
Revenue — 35.656B 35.968B 42.298B 30.057B 16.893B 22.871B 21.027B —
Net profit 10.82B 6.106B 8.233B 10.937B 7.664B -435M 5.416B 2.591B —

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Canadian Natural Resources Limited (ticker CNQ), listed in Canada.

Securities

Ticker Type Class Market Exchange Last price Price date
CNQ Common share — US nyse 39.50 USD 2026-06-30
CNQ canonical Common share — CA tsx — —