Canadian Natural Resources Limited

Canadian Natural Resources Limitedverified

CNQ

Price:

$34.84

Market Cap:

$102.76B

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers synthetic crude oil (SCO), light and medium crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake heavy crude oil. Its midstream and refining assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2020, the company had total proved crude oil, bitumen, and NGLs reserves were 10,528 million barrels (MMbbl); total proved plus probable crude oil, bitumen, and NGLs reserves were 13,271 MMbbl; proved SCO reserves were 6...[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2000-07-31

Stock Exchange

NYSE

Ticker

CNQ

The ROE as of November 2024 (TTM) for Canadian Natural Resources Limited (CNQ) is 19.14%

According to Canadian Natural Resources Limited’s latest financial reports and current stock price. The company's current ROE is 19.14%. This represents a change of 300.50% compared to the average of 4.78% of the last 4 quarters.

Canadian Natural Resources Limited (CNQ) Historical ROE (quarterly & annually)

How has CNQ ROE performed in the past?

The mean historical ROE of Canadian Natural Resources Limited over the last ten years is 11.04%. The current 19.14% ROE has changed 73.44% with respect to the historical average. Over the past ten years (40 quarters), CNQ's ROE was at its highest in in the June 2022 quarter at 8.90%. The ROE was at its lowest in in the March 2020 quarter at -3.85%.

Quarterly (TTM)
Annual

Average

11.04%

Median

10.85%

Minimum

-2.33%

Maximum

28.65%

Canadian Natural Resources Limited (CNQ) ROE by Quarter and Year

Discovering the peaks and valleys of Canadian Natural Resources Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 91.01%

Maximum Annual ROE = 28.65%

Minimum Annual Increase = -1644.14%

Minimum Annual ROE = -2.33%

Quarterly (TTM)
Annual
YearROEChange
202320.67%-27.85%
202228.65%38.11%
202120.74%-1644.14%
2020-1.34%-108.68%
201915.48%91.01%
20188.10%7.01%
20177.57%-1075.06%
2016-0.78%-66.62%
2015-2.33%-117.11%
201413.60%54.40%

Canadian Natural Resources Limited (CNQ) Average ROE

How has CNQ ROE performed in the past?

The current ROE of Canadian Natural Resources Limited (CNQ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

23.35%

5-year avg

16.84%

10-year avg

11.04%

Canadian Natural Resources Limited (CNQ) ROE vs. Peers

How is CNQ’s ROE compared to its peers?

Canadian Natural Resources Limited’s ROE is greater than Baytex Energy Corp. (-8.96%), greater than Vermilion Energy Inc. (-28.37%), less than Obsidian Energy Ltd. (6.99%), less than Ovintiv Inc. (19.62%), greater than Crescent Point Energy Corp. (-0.91%), less than Ranger Oil Corporation (114.99%), less than Enerplus Corporation (31.80%), less than EOG Resources, Inc. (24.74%), less than Devon Energy Corporation (37.01%), less than Pioneer Natural Resources Company (20.80%), less than Marathon Oil Corporation (11.82%), less than Diamondback Energy, Inc. (14.58%), less than Vital Energy, Inc. (16.29%), less than Antero Resources Corporation (0.64%),

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