Canadian Natural Resources Limited

Canadian Natural Resources Limitedverified

CNQ

Price:

$45.3

Market Cap:

$132.23B

Canadian Natural Resources Limited (CNQ) is an integrated energy enterprise engaged across the full spectrum of upstream and downstream activities related to crude oil, natural gas, and natural gas liquids (NGLs), encompassing acquisition, exploration, development, production, marketing, and sales. Its diverse portfolio of hydrocarbon products encompasses synthetic crude oil (SCO), light and medium crude, bitumen (also known as thermal oil), along with both primary heavy crude oil and specialized Pelican Lake heavy crude. Beyond exploration and production, the company holds midstream and refining assets, notably comprising two crude oil pipeline networks and a half-interest (50% working inte...[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2000-07-31

Stock Exchange

NYSE

Ticker

CNQ

The PE Ratio as of June 2026 (TTM) for Canadian Natural Resources Limited (CNQ) is 11.80

According to Canadian Natural Resources Limited’s latest financial reports and current stock price. The company's current PE Ratio is 11.80. This represents a change of -39.70% compared to the average of 19.57 of the last 4 quarters.

Canadian Natural Resources Limited (CNQ) Historical PE Ratio (quarterly & annually)

How has CNQ PE Ratio performed in the past?

The mean historical PE Ratio of Canadian Natural Resources Limited over the last ten years is -20.42. The current 11.80 PE Ratio has changed -5878.57% with respect to the historical average. Over the past ten years (40 quarters), CNQ's PE Ratio was at its highest in in the March 2017 quarter at 48.42. The PE Ratio was at its lowest in in the September 2016 quarter at -34.72.

Quarterly (TTM)
Annual

Average

-20.42

Median

9.02

Minimum

-220.53

Maximum

21.57

Canadian Natural Resources Limited (CNQ) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Canadian Natural Resources Limited PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 333.86%

Maximum Annual PE Ratio = 21.57

Minimum Annual Increase = -999.70%

Minimum Annual PE Ratio = -220.53

Quarterly (TTM)
Annual
YearPE RatioChange
20258.98-41.85%
202415.4533.03%
202311.6148.83%
20227.80-3.30%
20218.07-109.92%
2020-81.39-999.70%
20199.05-40.38%
201815.17-29.65%
201721.57-109.78%
2016-220.53333.86%

Canadian Natural Resources Limited (CNQ) Average PE Ratio

How has CNQ PE Ratio performed in the past?

The current PE Ratio of Canadian Natural Resources Limited (CNQ) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

12.02

5-year avg

10.38

10-year avg

-20.42

Canadian Natural Resources Limited (CNQ) PE Ratio vs. Peers

How is CNQ’s PE Ratio compared to its peers?

Canadian Natural Resources Limited’s PE Ratio is less than EOG Resources, Inc. (13.22), less than Enterprise Products Partners L.P. (13.83), less than Equinor ASA (16.53), greater than Petróleo Brasileiro S.A. - Petrobras (5.11), less than Energy Transfer LP (13.58), greater than Petróleo Brasileiro S.A. - Petrobras (5.11), less than The Williams Companies, Inc. (31.05), less than Diamondback Energy, Inc. (134.82), less than MPLX Lp (12.31), less than Kinder Morgan, Inc. (21.44),

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