Canadian Natural Resources offers a massive, low-cost reserve base, low maintenance capital needs, and strong shareholder returns. Despite not trading at a valuation multiple discount, my DCF model supports a fair value of US$47.38 per share. Key risks include exposure to Canadian oil price discounts, asset concentration, and potential regulatory changes.
KMI, CNQ and TRP offer steady dividends and resilience as oil prices swing on global supply and demand shocks.
Undervalued energy stocks offer wonderful opportunities for high income and growth. Canadian Natural Resources has massive, low-cost, long-life reserves, consistent production growth, and a sustainable 5.6% dividend yield. Energy Transfer delivers reliable, fee-based cash flows, a well-covered 7.5% yield, and strong growth prospects from major infrastructure projects.
![]() CNQ 9 months ago Paid | Other | CA$0.53 Per Share |
![]() CNQ 17 Jun 2024 Paid | Quarterly | CA$0.53 Per Share |
![]() CNQ 14 Mar 2024 Paid | Quarterly | CA$0 Per Share |
![]() CNQ 7 Dec 2023 Paid | Quarterly | CA$0 Per Share |
![]() CNQ 14 Sep 2023 Paid | Quarterly | CA$0 Per Share |
30 Jul 2025 (43 Days) Date | | - Cons. EPS | - EPS |
8 May 2025 Date | | 1.05 Cons. EPS | 1.16 EPS |
30 Apr 2025 Date | | - Cons. EPS | - EPS |
26 Feb 2025 Date | | 0.95 Cons. EPS | 0.93 EPS |
31 Oct 2024 Date | | 0.9 Cons. EPS | 0.97 EPS |
![]() CNQ 9 months ago Paid | Other | CA$0.53 Per Share |
![]() CNQ 17 Jun 2024 Paid | Quarterly | CA$0.53 Per Share |
![]() CNQ 14 Mar 2024 Paid | Quarterly | CA$0 Per Share |
![]() CNQ 7 Dec 2023 Paid | Quarterly | CA$0 Per Share |
![]() CNQ 14 Sep 2023 Paid | Quarterly | CA$0 Per Share |
30 Jul 2025 (43 Days) Date | | - Cons. EPS | - EPS |
8 May 2025 Date | | 1.05 Cons. EPS | 1.16 EPS |
30 Apr 2025 Date | | - Cons. EPS | - EPS |
26 Feb 2025 Date | | 0.95 Cons. EPS | 0.93 EPS |
31 Oct 2024 Date | | 0.9 Cons. EPS | 0.97 EPS |
Oil & Gas Exploration & Production Industry | Energy Sector | Mr. Norman Murray Edwards O.C. CEO | TSX Exchange | CA1363851017 ISIN |
CA Country | 10,640 Employees | 21 Mar 2025 Last Dividend | 11 Jun 2024 Last Split | - IPO Date |
Canadian Natural Resources Limited represents a prominent entity within the energy sector, focusing on the acquisition, exploration, development, production, marketing, and sales of crude oil, natural gas, and natural gas liquids (NGLs). Originated as AEX Minerals Corporation before rebranding to its current name in December 1975, the company proudly upholds a history of operational excellence and strategic growth initiatives since its incorporation in 1973. With its headquarters established in Calgary, Canada, Canadian Natural Resources Limited extends its operational footprint across critical regions including Western Canada, the United Kingdom sector of the North Sea, and offshore areas in Africa. The company is also notable for its investment in midstream assets, which consist of two pipeline systems and a 50% working interest in an 84-megawatt cogeneration plant located at Primrose, further emphasizing its commitment to energy efficiency and infrastructure development.
This category includes lighter grades of crude oil, which are highly sought after for their ease of refining into gasoline, diesel, and other fuels, offering a versatile range of applications in energy generation, transportation, and manufacturing.
A denser and more viscous type of crude oil compared to its light counterparts, primary heavy crude oil serves a vital role in the production of heavier fuel oils and as a feedstock for specific refining processes.
Extracted from the Pelican Lake field, this heavy crude oil variant is recognized for its distinctive properties and serves as a crucial component in the specialized sectors of the energy market.
As a highly viscous form of petroleum, bitumen is primarily utilized in road construction and waterproofing applications. In the context of thermal oil, it refers to the efficient extraction process using heat to reduce viscosity and enhance recovery rates from oil sands deposits.
SCO is a premium product resulting from the upgrading of heavy crude oil or bitumen, delivering a cleaner and more environmentally friendly fuel alternative. Its production involves the application of advanced technologies to enhance its quality and market applicability.