CNQ Relative Valuation - Canadian Natural Resources Ltd - Alpha Spread
C

Canadian Natural Resources Ltd
NYSE:CNQ

Watchlist Manager
Canadian Natural Resources Ltd
NYSE:CNQ
Watchlist
Price: 33.77 USD 2.77% Market Closed
Market Cap: 72.1B USD
Have any thoughts about
Canadian Natural Resources Ltd?
Write Note

Relative Value

The Relative Value of one CNQ stock under the Base Case scenario is 21.18 USD. Compared to the current market price of 33.77 USD, Canadian Natural Resources Ltd is Overvalued by 37%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CNQ Relative Value
Base Case
21.18 USD
Overvaluation 37%
Relative Value
Price
C
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
12
vs Industry
29
Median 3Y
1.2
Median 5Y
1
Industry
1.3
Forward
2.6
vs History
19
vs Industry
15
Median 3Y
4.7
Median 5Y
4.4
Industry
9.2
Forward
12
vs History
19
vs Industry
17
Median 3Y
2.6
Median 5Y
2.4
Industry
4.5
vs History
38
vs Industry
18
Median 3Y
13.5
Median 5Y
6.8
Industry
10.8
vs History
11
vs Industry
15
Median 3Y
1.1
Median 5Y
0.9
Industry
1.2
vs History
14
vs Industry
32
Median 3Y
1.6
Median 5Y
1.7
Industry
1.7
Forward
2.9
vs History
20
vs Industry
30
Median 3Y
3.1
Median 5Y
3.4
Industry
4.2
vs History
20
vs Industry
24
Median 3Y
3.3
Median 5Y
3.6
Industry
5.7
Forward
6.3
vs History
31
vs Industry
18
Median 3Y
5.4
Median 5Y
7.2
Industry
8
Forward
12.4
vs History
26
vs Industry
22
Median 3Y
3.6
Median 5Y
4.3
Industry
6
vs History
34
vs Industry
22
Median 3Y
5.6
Median 5Y
7.5
Industry
10.6
vs History
11
vs Industry
25
Median 3Y
0.7
Median 5Y
0.6
Industry
1

Multiples Across Competitors

CNQ Competitors Multiples
Canadian Natural Resources Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Canadian Natural Resources Ltd
NYSE:CNQ
71.9B USD 2.7 12.7 6.1 10.1
MY
Reach Energy Bhd
KLSE:REACH
6.8T MYR 31 941.2 -35 976.3 -20 523.9 -15 705.9
US
Conocophillips
NYSE:COP
128.4B USD 2.3 12.1 5.8 9.3
CN
CNOOC Ltd
SSE:600938
730.1B CNY 1.6 5.2 3 3
US
EOG Resources Inc
NYSE:EOG
71.3B USD 2.9 9.5 5.1 7.2
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Hess Corp
NYSE:HES
41.1B USD 3.3 15.5 7.3 10.9
US
Diamondback Energy Inc
NASDAQ:FANG
32.4B USD 3.5 9.4 5.6 7.8
AU
Woodside Energy Group Ltd
NYSE:WDS
32.2B USD 2.6 17.3 4.1 7.5
US
Continental Resources Inc
F:C5L
25.8B EUR 3.3 8.1 4.7 6.4
US
Devon Energy Corp
NYSE:DVN
25.7B USD 1.7 7.3 4.1 6.5

See Also

Discover More
Back to Top