I rate Canadian Natural Resources a Buy, citing strong fundamentals, diversified assets, and robust free cash flow supporting long-term shareholder returns. Recent financials show impressive revenue and net income growth, improved margins, and a healthy balance sheet with manageable leverage and sufficient financial flexibility. Valuation analysis reveals a 57% upside potential based on conservative DCF assumptions, while the company trades at a reasonable forward P/E vs. peers.
CNQ benefits from strong cash flows, low costs and dividend growth, but faces risks from weak stock performance, oil price volatility and limited global exposure.
Energy, especially Canadian names like Canadian Natural Resources, remains deeply undervalued versus tech, offering a rare combination of value, income, and growth. CNQ has record production, industry-low costs, a massive reserve base, and a 5.4% dividend yield, supporting robust shareholder returns. The company's disciplined capital allocation, strong free cash flow, and high ROIC position it for consistent, double-digit total return potential.
![]() CRC 10 months ago | Other | €0.53 Per Share |
![]() CRC 17 Jun 2024 | Other | €0.53 Per Share |
![]() CRC 14 Mar 2024 | Other | €0.53 Per Share |
![]() CRC 7 Dec 2023 | Other | €0.5 Per Share |
![]() CRC 14 Sep 2023 | Other | €0.45 Per Share |
7 Aug 2025 (In 2 weeks) Date | | 0.68 Cons. EPS | - EPS |
30 Jul 2025 (In 1 week) Date | | - Cons. EPS | - EPS |
30 Apr 2025 Date | | - Cons. EPS | - EPS |
26 Feb 2025 Date | | - Cons. EPS | - EPS |
31 Oct 2024 Date | | - Cons. EPS | - EPS |
![]() CRC 10 months ago | Other | €0.53 Per Share |
![]() CRC 17 Jun 2024 | Other | €0.53 Per Share |
![]() CRC 14 Mar 2024 | Other | €0.53 Per Share |
![]() CRC 7 Dec 2023 | Other | €0.5 Per Share |
![]() CRC 14 Sep 2023 | Other | €0.45 Per Share |
7 Aug 2025 (In 2 weeks) Date | | 0.68 Cons. EPS | - EPS |
30 Jul 2025 (In 1 week) Date | | - Cons. EPS | - EPS |
30 Apr 2025 Date | | - Cons. EPS | - EPS |
26 Feb 2025 Date | | - Cons. EPS | - EPS |
31 Oct 2024 Date | | - Cons. EPS | - EPS |
Oil & Gas Exploration & Production Industry | Energy Sector | Norman Murray Edwards CEO | XSTU 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.