Canadian Natural Resources Ltd trades with the ticker CNQ on the TSX and is in the Oil & Gas E&P industry.
Overview
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO). The company’s midstream assets include two pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. 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.
Looking to invest in Canadian Natural Resources Ltd? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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CNQ.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $104149.901MM
PE Ratio: 13.02
Price: 72.14 (Updated: 3/12/2024 0:47:16)
Canadian Natural Resources Ltd (CNQ) vs Competitors in Oil & Gas E&P
Lets see how CNQ.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd
.Oil & Gas E&P Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Advantage Oil & Gas Ltd (AAV) | $1,577.226 | 16.729 | 5.77 | N/A% |
| Africa Oil Corp (AOI) | $959.473 | 8.708 | 6.836 | 3.2% |
| ARC Resources Ltd (ARX) | $13,990.234 | 8.981 | 4.539 | 2.9% |
| Athabasca Oil Corporation (ATH) | $2,937.06 | N/A | 26.708 | N/A% |
| Birchcliff Energy Ltd (BIR) | $1,471.439 | 17.25 | 4.987 | 7.2% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Oil & Gas E&P
- Canadian Natural Resources Ltd (CNQ) vs Advantage Oil & Gas Ltd (AAV)
- CNQ has higher EPS (7.47 vs 0.59). CNQ provides dividends, while AAV does not. AAV has a higher P/E ratio (16.729 vs 13.02) indicating it’s more expensive.
- Canadian Natural Resources Ltd (CNQ) vs Africa Oil Corp (AOI)
- CNQ has higher EPS (7.47 vs 0.24). CNQ has higher dividend yield (4.0% vs 3.2%). CNQ has a higher P/E ratio (13.02 vs 8.708) indicating it’s more expensive.
- Canadian Natural Resources Ltd (CNQ) vs ARC Resources Ltd (ARX)
- CNQ has higher EPS (7.47 vs 2.61). CNQ has higher dividend yield (4.0% vs 2.9%). CNQ has a higher P/E ratio (13.02 vs 8.981) indicating it’s more expensive.
- Canadian Natural Resources Ltd (CNQ) vs Athabasca Oil Corporation (ATH)
- CNQ has higher EPS (7.47 vs -0.09). CNQ provides dividends, while ATH does not. ATH has a P/E under 0, indicating CNQ (P/E 13.02) is in a better position.
- Canadian Natural Resources Ltd (CNQ) vs Birchcliff Energy Ltd (BIR)
- CNQ has higher EPS (7.47 vs 0.32). BIR has higher dividend yield (7.2% vs 4.0%). BIR has a higher P/E ratio (17.25 vs 13.02) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
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