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Stocks Oil & Gas E&P CNQ

Canadian Natural Resources CNQ

US equityMarket cap rank #160Oil & Gas E&P
$48.20
+$0.56 (+1.18%)
Market open · Sep 24, 1:10 pm ET
After hours $48.00 +0.76%
Open$48.07
Prev close$47.64
Day range$47.94 – $48.63
Volume2.95M
Market cap$99.36B
P/E (TTM)12.1
Dividend yield3.54%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings12.6x
CheapRich

Around its usual level · 52nd percentile, 5-year average 11.9x

#848 of 2974 stocks by PE (1 = cheapest)

Price / book3.1x
CheapRich

Near the top of its 5-year range · 96th percentile, 5-year average 644.9x

#3660 of 5302 stocks by PB (1 = cheapest)

Price / sales2.8x
CheapRich

Near the top of its 5-year range · 91st percentile, 5-year average 2.3x

#2938 of 5139 stocks by PS (1 = cheapest)

P/E over five years

5x10x15x19xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$44.00
Price vs. fair value+9.5%Trading above the estimate
Star rating★★★☆☆
Economic moatNarrow
UncertaintyHigh
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 3.12 644.94 96% (pricier than usual) #3660 of 5302 (1 = cheapest)
PE 12.60 11.95 52% (pricier than usual) #848 of 2974 (1 = cheapest)
PS 2.84 2.28 91% (pricier than usual) #2938 of 5139 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating★★★
Fair value estimate$44.00
Economic moatNarrow
UncertaintyHigh
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