Canadian Natural Resources Ltd.

Canadian Natural Resources Ltd.


Market Cap$75.84B

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Canadian Natural Resources Ltd.Canadian Natural Resources Ltd.13.55.52%-2.9-

Earnings Call Q7 2023

May 2, 2024 - AI Summary

Canadian Natural is targeting significant free cash flow in the second half of 2024, driven by strong crude oil strip pricing and strategic development plans.
The company achieved solid financial results in Q1 2024, with adjusted funds flow of $3.1 billion and adjusted net earnings from operations of $1.5 billion.
Canadian Natural is committed to increasing shareholder returns and has a sustainable and growing quarterly dividend, marking the 24th consecutive year of dividend increases.

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Current Fair Value

47.3% upside

Undervalued by 47.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$75.84 Billion
Enterprise Value-
Dividend Yield$1.9683 (5.52%)
Earnings per Share$5.13
Outstanding Shares2,127,889,164
Avg 30 Day Volume4,326,501


Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio13.52
Price to Sales2.87
Price to Book Ratio-
Enterprise Value to Revenue-
Enterprise Value to EBIT-
Enterprise Value to Net Income0
Total Debt to Enterprise-
Debt to Equity-

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Canadian Natural Resources Ltd.