Canadian Natural Resources Ltd

Ticker: CNQ

Business Overview

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) across Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers products including synthetic crude oil (SCO), mining bitumen, light and medium crude oil, NGLs, thermal bitumen, primary heavy crude oil, and Pelican Lake heavy crude oil. Its business also includes midstream assets such as two crude oil pipeline systems and a 50% working interest in a cogeneration plant.

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers synthetic crude oil (SCO), mining bitumen, light and medium crude oil and NGLs, thermal bitumen, primary heavy crude oil and Pelican Lake heavy crude oil. Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. 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.

Company Facts

Ticker: CNQ
Exchange: NYSE
Sector: Energy
Industry: Crude Petroleum & Natural Gas
State of incorporation: A0

Verdict: Strong Buy · 76/100

Quality — 100/100

ROE: 24.4%, ROA: 11.8%, net margin: 27.9%

Financial Health — 61/100

Current ratio: 0.95, D/E: 1.07, interest coverage: 13.7×

Growth — 76/100

ROA change: 64.8% YoY, asset efficiency change: 1.1% YoY

Value — 39/100

Value score: sector ratios vs median (60%) + intrinsic method signal (40%)

Momentum — 100/100

52-week return: 48.8%, 3-month: 21.3%

Risk Flags

  • Current ratio below 1: 0.95

Confidence: HIGH · Data as of 2025-12-31 · Sourced from SEC EDGAR filings.

Key Questions

Q1: Is Canadian Natural Resources Ltd (CNQ) a buy?

Verdict: Strong Buy · 76/100. Quality: ROE: 24.4%, ROA: 11.8%, net margin: 27.9%.

Q2: How financially healthy is CNQ?

Current ratio: 0.95, D/E: 1.07, interest coverage: 13.7×

Q3: What is CNQ's recent momentum?

52-week return: 48.8%, 3-month: 21.3%

Q4: What is CNQ's growth like?

ROA change: 64.8% YoY, asset efficiency change: 1.1% YoY

Q5: What is the investment thesis for Canadian Natural Resources Ltd?

Value score: sector ratios vs median (60%) + intrinsic method signal (40%)