Canadian Natural Resources Ltd
TSX:CNQ

Watchlist Manager
Canadian Natural Resources Ltd Logo
Canadian Natural Resources Ltd
TSX:CNQ
Watchlist
Price: 43.25 CAD 2.1% Market Closed
Market Cap: 90.6B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one CNQ stock under the Base Case scenario is hidden CAD. Compared to the current market price of 43.25 CAD, Canadian Natural Resources Ltd is hidden .

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
HIDDEN
Show
Worst Case
Base Case
Best Case

Valuation Multiples

2.4
P/S
P/S
Price to Sales
2.4
vs History
42
vs Industry
30
Median 3Y
2.5
Median 5Y
2.3
Industry
1.3
Forward
2.1
More Details
12
P/E
P/E
Price to Earnings
12
vs History
39
vs Industry
15
Median 3Y
11.5
Median 5Y
10.9
Industry
10.2
Forward
12.5
More Details
6.1
P/OCF
P/OCF
Price to OCF
6.1
vs History
42
vs Industry
19
Median 3Y
6.3
Median 5Y
5.7
Industry
4.8
More Details
18.3
P/FCFE
P/FCFE
Price to FCFE
18.3
vs History
38
vs Industry
15
Median 3Y
14
Median 5Y
15
Industry
10
More Details
2.2
P/B
P/B
Price to Book Value
2.2
vs History
36
vs Industry
16
Median 3Y
2.2
Median 5Y
2.1
Industry
1.2
More Details
2.8
EV/S
EV/S
Enterprise Value to Sales
2.8
vs History
55
vs Industry
32
Median 3Y
2.8
Median 5Y
2.8
Industry
1.9
Forward
2.5
More Details
5.6
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.6
vs History
57
vs Industry
30
Median 3Y
5.5
Median 5Y
5.7
Industry
4.6
More Details
5.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
5.9
vs History
58
vs Industry
25
Median 3Y
5.8
Median 5Y
6.2
Industry
6
Forward
5.8
More Details
9.6
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
9.6
vs History
60
vs Industry
21
Median 3Y
9.5
Median 5Y
10.5
Industry
8.7
Forward
12.2
More Details
7.3
EV/OCF
EV/OCF
Enterprise Value to OCF
7.3
vs History
52
vs Industry
23
Median 3Y
7.2
Median 5Y
7.3
Industry
6.3
More Details
1 632.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
1 632.9
vs History
1
vs Industry
21
Median 3Y
10.7
Median 5Y
10.8
Industry
10.2
More Details
1.3
EV/IC
EV/IC
Enterprise Value to IC
1.3
vs History
39
vs Industry
27
Median 3Y
1.3
Median 5Y
1.2
Industry
0.9
More Details

Multiples Across Competitors

CNQ Competitors Multiples
Canadian Natural Resources Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Canadian Natural Resources Ltd
TSX:CNQ
90.7B CAD 2.4 12 5.9 9.6
US
Conocophillips
NYSE:COP
110.1B USD 1.9 11.6 5.3 9.2
CN
CNOOC Ltd
SSE:600938
716.2B CNY 1.7 5.3 3.2 3.2
US
EOG Resources Inc
NYSE:EOG
62.9B USD 2.7 10.3 4.9 7.4
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Hess Corp
NYSE:HES
42.1B USD 3.4 18.9 7.6 12.4
US
Diamondback Energy Inc
NASDAQ:FANG
40.4B USD 3.1 10.2 5.9 9.8
US
EQT Corp
NYSE:EQT
33.8B USD 6 91.4 15.9 127.7
US
Continental Resources Inc
F:C5L
25.8B EUR 3.3 8.3 4.8 6.5
US
Venture Global Inc
NYSE:VG
29B USD 5.4 31.5 22.8 29.4
AU
Woodside Energy Group Ltd
ASX:WDS
43.6B AUD 2.1 7.9 3.6 7.2

See Also

Summary
CNQ intrinsic value, competitors valuation, and company profile.
DCF Valuation
CNQ stock valuation using Discount Cash Flow valuation method.
Relative Valuation
CNQ stock valuation using valuation multiples.
Wall Street Estimates
CNQ price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
CNQ stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 260,300+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.