Canadian Natural Resources Ltd.

Canadian Natural Resources Ltd.

CNQ

Market Cap$69.87B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Canadian Natural Resources Ltd.Canadian Natural Resources Ltd.12.84.92%19%1.70.4

Earnings Call Q1 2025

May 8, 2025 - AI Summary

Record Production and Efficiency: Canadian Natural achieved a record quarterly production of approximately 1.582 million BOEs per day in Q1 2025, which is a significant increase compared to the previous year. The oil sands mining and upgrading asset reached a record production of approximately 595,000 barrels per day, reflecting a 34% YOY increase. This strong performance highlights the effectiveness of their operations and their focus on continuous improvement.
Strong Financial Performance and Shareholder Returns: The company reported adjusted fund flow of approximately $4.5 billion and adjusted net earnings of $2.4 billion for Q1 2025. Returns to shareholders reached $1.7 billion, including $1.2 billion in dividends and $500 million in share buybacks. The company has a strong liquidity position, with approximately $5.1 billion available at the end of the quarter.
Reduced Capital Budget and Ongoing Optimization: Canadian Natural has reduced its 2025 capital budget by $100 million to $6.05 billion, achieved through optimization and efficiency efforts rather than reacting to lower commodity prices. Over 60% of the reduction comes from conventional E&P, while the remainder is from thermal and mining operations, indicating a robust approach to cost management.

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$89.15

Current Fair Value

177.6% upside

Undervalued by 177.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$69.87 Billion
Enterprise Value$87.34 Billion
Dividend Yield$2.00221 (4.91847826086956%)
Earnings per Share$2.85
Beta1.51
Outstanding Shares2,100,540,000

Return

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

Valuation & Multiples

P/E Ratio12.75
PEG8.56
Price to Sales1.69
Price to Book Ratio1.69
Enterprise Value to Revenue2.1
Enterprise Value to EBIT7.62
Enterprise Value to Net Income11
Total Debt to Enterprise0.2
Debt to Equity0.43

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Canadian Natural Resources Ltd.