Canadian Natural Resources Limited (CNQ) EV/EBIT Ratio: 13.32x
Is Canadian Natural Resources Limited’s EV/EBIT ratio high or low?
Canadian Natural Resources Limited's EV/EBIT ratio of 13.32x is 41% above its 5-year average of 9.46x, around the middle of its 5-year range (4.66x–27.20x).
As of Friday, June 12, 2026. 22.22% above its 12-month average of 10.90x.
CNQ EV/EBIT Ratio Chart
CNQ Average EV/EBIT Ratio Chart
CNQ Current vs Average EV/EBIT Ratio Chart
CNQ EV/EBIT Ratio Metrics
EV/EBIT RATIO
13.32x
EV/EBIT RATIO AVG TTM
10.90x
EV/EBIT RATIO AVG 3Y
10.82x
EV/EBIT RATIO AVG 5Y
9.46x
EV/EBIT RATIO AVG 10Y
14.92x
EV/EBIT RATIO AVG 15Y
15.33x
EV/EBIT RATIO AVG 20Y
15.16x
CURRENT VS TTM AVG
+22.22%
CURRENT VS 3Y AVG
+23.13%
CURRENT VS 5Y AVG
+40.84%
CURRENT VS 10Y AVG
-10.69%
CURRENT VS 15Y AVG
-13.11%
CURRENT VS 20Y AVG
-12.12%
CNQ Competitors' EV/EBIT Ratio
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canadian Natural Resources Limited (CNQ) | $94.82B | 13.32x | 10.90x | 10.82x | 9.46x |
| SLB N.V. (SLB) | $83.72B | 18.05x | 12.68x | 13.54x | 17.74x |
| Marathon Petroleum Corporation (MPC) | $76.14B | 16.00x | 17.83x | 10.92x | 44.22x |
| Valero Energy Corporation (VLO) | $74.95B | 14.10x | 35.80x | 17.52x | 93.16x |
| EOG Resources, Inc. (EOG) | $72.62B | 8.94x | 8.98x | 7.88x | 13.28x |
| Phillips 66 (PSX) | $71.41B | 14.80x | 79.37x | 43.07x | 47.59x |
| ONEOK, Inc. (OKE) | $57.09B | 12.59x | 13.79x | 15.24x | 14.95x |
| Occidental Petroleum Corporation (OXY) | $55.17B | 23.44x | 15.14x | 12.31x | 21.34x |
| ConocoPhillips (COP) | $140.54B | 14.89x | 12.01x | 10.28x | 11.15x |
| Antero Midstream Corporation (AM) | $10.15B | 18.81x | 17.44x | 16.67x | 15.98x |
Canadian Natural Resources Limited EV/EBIT Ratio Formula & Definition
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Canadian Natural Resources Limited EV/EBIT Ratio FAQ
- What is the EV/EBIT ratio for Canadian Natural Resources Limited (CNQ)?
- The EV/EBIT ratio for CNQ stock is 13.32x.
- Is Canadian Natural Resources Limited's EV/EBIT ratio high or low?
- Canadian Natural Resources Limited's EV/EBIT ratio of 13.32x is 41% above its 5-year average of 9.46x, around the middle of its 5-year range (4.66x–27.20x).
- What is the TTM average EV/EBIT ratio for Canadian Natural Resources Limited (CNQ)?
- The TTM average EV/EBIT ratio for CNQ stock is 10.90x.
- What is the 3Y average EV/EBIT ratio for Canadian Natural Resources Limited (CNQ)?
- The 3Y average EV/EBIT ratio for CNQ stock is 10.82x.
- What is the 5Y average EV/EBIT ratio for Canadian Natural Resources Limited (CNQ)?
- The 5Y average EV/EBIT ratio for CNQ stock is 9.46x.
- What is the 10Y average EV/EBIT ratio for Canadian Natural Resources Limited (CNQ)?
- The 10Y average EV/EBIT ratio for CNQ stock is 14.92x.
- What is the 15Y average EV/EBIT ratio for Canadian Natural Resources Limited (CNQ)?
- The 15Y average EV/EBIT ratio for CNQ stock is 15.33x.
- What is the 20Y average EV/EBIT ratio for Canadian Natural Resources Limited (CNQ)?
- The 20Y average EV/EBIT ratio for CNQ stock is 15.16x.
Canadian Natural Resources Limited EV/EBIT Ratio History
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-06-11 | 13.32x |
| 2026-06-10 | 13.34x |
| 2026-06-09 | 13.15x |
| 2026-06-08 | 13.54x |
| 2026-06-05 | 13.39x |
| 2026-06-04 | 13.91x |
| 2026-06-03 | 13.92x |
| 2026-06-02 | 13.79x |
| 2026-06-01 | 13.46x |
| 2026-05-29 | 13.30x |
| 2026-05-28 | 13.42x |
| 2026-05-27 | 13.40x |
| 2026-05-26 | 13.69x |
| 2026-05-22 | 14.16x |
| 2026-05-21 | 14.18x |
| 2026-05-20 | 14.21x |
| 2026-05-19 | 14.38x |
| 2026-05-18 | 14.25x |
| 2026-05-15 | 13.99x |
| 2026-05-14 | 13.88x |
| 2026-05-13 | 13.79x |
| 2026-05-12 | 13.71x |
| 2026-05-11 | 13.25x |
| 2026-05-08 | 13.08x |
| 2026-05-07 | 13.13x |
| 2026-05-06 | 13.23x |
| 2026-05-05 | 13.79x |
| 2026-05-04 | 13.72x |
| 2026-05-01 | 13.56x |
| 2026-04-30 | 13.75x |
| 2026-04-29 | 13.63x |
| 2026-04-28 | 13.41x |
| 2026-04-27 | 13.07x |
| 2026-04-24 | 12.87x |
| 2026-04-23 | 13.17x |
| 2026-04-22 | 12.98x |
| 2026-04-21 | 12.88x |
| 2026-04-20 | 12.64x |
| 2026-04-17 | 12.56x |
| 2026-04-16 | 13.40x |
| 2026-04-15 | 13.26x |
| 2026-04-14 | 13.23x |
| 2026-04-13 | 13.53x |
| 2026-04-10 | 13.41x |
| 2026-04-09 | 13.24x |
| 2026-04-08 | 13.43x |
| 2026-04-07 | 14.12x |
| 2026-04-06 | 13.89x |
| 2026-04-02 | 13.71x |
| 2026-04-01 | 13.46x |
| 2026-03-31 | 14.01x |
| 2026-03-30 | 14.17x |
| 2026-03-27 | 14.35x |
| 2026-03-26 | 14.00x |
| 2026-03-25 | 14.12x |
| 2026-03-24 | 13.00x |
| 2026-03-23 | 12.85x |
| 2026-03-20 | 13.00x |
| 2026-03-19 | 13.36x |
| 2026-03-18 | 13.02x |
| 2026-03-17 | 12.99x |
| 2026-03-16 | 12.94x |
| 2026-03-13 | 12.86x |
| 2026-03-12 | 12.89x |
| 2026-03-11 | 12.58x |
| 2026-03-10 | 12.22x |
| 2026-03-09 | 12.34x |
| 2026-03-06 | 12.36x |
| 2026-03-05 | 12.12x |
| 2026-03-04 | 11.85x |
| 2026-03-03 | 11.84x |
| 2026-03-02 | 11.90x |
| 2026-02-27 | 11.76x |
| 2026-02-26 | 11.60x |
| 2026-02-25 | 11.47x |
| 2026-02-24 | 11.48x |
| 2026-02-23 | 11.42x |
| 2026-02-20 | 11.43x |
| 2026-02-19 | 11.46x |
| 2026-02-18 | 11.26x |
| 2026-02-17 | 11.01x |
| 2026-02-13 | 11.03x |
| 2026-02-12 | 10.86x |
| 2026-02-11 | 11.02x |
| 2026-02-10 | 10.65x |
| 2026-02-09 | 10.67x |
| 2026-02-06 | 10.65x |
| 2026-02-05 | 10.37x |
| 2026-02-04 | 10.52x |
| 2026-02-03 | 10.27x |
| 2026-02-02 | 10.04x |
| 2026-01-30 | 10.21x |
| 2026-01-29 | 10.36x |
| 2026-01-28 | 10.18x |
| 2026-01-27 | 10.08x |
| 2026-01-26 | 9.93x |
| 2026-01-23 | 9.95x |
| 2026-01-22 | 9.80x |
| 2026-01-21 | 9.91x |
| 2026-01-20 | 9.55x |
| 2026-01-16 | 9.53x |
| 2026-01-15 | 9.47x |
| 2026-01-14 | 9.59x |
| 2026-01-13 | 9.25x |
| 2026-01-12 | 9.05x |
| 2026-01-09 | 8.99x |
| 2026-01-08 | 8.87x |
| 2026-01-07 | 8.64x |
| 2026-01-06 | 8.88x |
| 2026-01-05 | 9.03x |
| 2026-01-02 | 9.52x |
| 2025-12-31 | 9.41x |
| 2025-12-30 | 9.43x |
| 2025-12-29 | 9.26x |
| 2025-12-26 | 9.16x |
| 2025-12-24 | 9.20x |
| 2025-12-23 | 9.17x |
| 2025-12-22 | 9.05x |
| 2025-12-19 | 8.95x |
| 2025-12-18 | 8.85x |
| 2025-12-17 | 8.94x |
| 2025-12-16 | 8.80x |
| 2025-12-15 | 9.07x |
| 2025-12-12 | 9.21x |
| 2025-12-11 | 9.24x |
| 2025-12-10 | 9.38x |
| 2025-12-09 | 9.38x |
| 2025-12-08 | 9.46x |
| 2025-12-05 | 9.60x |
| 2025-12-04 | 9.56x |
| 2025-12-03 | 9.48x |
| 2025-12-02 | 9.34x |
| 2025-12-01 | 9.46x |
| 2025-11-28 | 9.39x |
| 2025-11-26 | 9.29x |
| 2025-11-25 | 9.27x |
| 2025-11-24 | 9.19x |
| 2025-11-21 | 9.31x |
| 2025-11-20 | 9.44x |
| 2025-11-19 | 9.45x |
| 2025-11-18 | 9.46x |
| 2025-11-17 | 9.29x |
| 2025-11-14 | 9.35x |
| 2025-11-13 | 9.10x |
| 2025-11-12 | 9.08x |
| 2025-11-11 | 9.07x |
| 2025-11-10 | 8.97x |
| 2025-11-07 | 8.89x |
| 2025-11-06 | 8.85x |
| 2025-11-05 | 10.33x |
| 2025-11-04 | 10.19x |
| 2025-11-03 | 10.36x |
| 2025-10-31 | 10.37x |
| 2025-10-30 | 10.35x |
| 2025-10-29 | 10.41x |
| 2025-10-28 | 10.18x |
| 2025-10-27 | 10.23x |
| 2025-10-24 | 10.17x |
| 2025-10-23 | 10.16x |
| 2025-10-22 | 9.92x |
| 2025-10-21 | 9.80x |
| 2025-10-20 | 9.85x |
| 2025-10-17 | 9.86x |
| 2025-10-16 | 9.88x |
| 2025-10-15 | 10.05x |
| 2025-10-14 | 10.07x |
| 2025-10-13 | 10.26x |
| 2025-10-10 | 10.20x |
| 2025-10-09 | 10.56x |
| 2025-10-08 | 10.54x |
| 2025-10-07 | 10.57x |
| 2025-10-06 | 10.49x |
| 2025-10-03 | 10.32x |
| 2025-10-02 | 10.21x |
| 2025-10-01 | 10.30x |
| 2025-09-30 | 10.36x |
| 2025-09-29 | 10.45x |
| 2025-09-26 | 10.55x |
| 2025-09-25 | 10.49x |
| 2025-09-24 | 10.58x |
| 2025-09-23 | 10.40x |
| 2025-09-22 | 10.40x |
| 2025-09-19 | 10.25x |
| 2025-09-18 | 10.51x |
| 2025-09-17 | 10.57x |
| 2025-09-16 | 10.62x |
| 2025-09-15 | 10.37x |
| 2025-09-12 | 10.14x |
| 2025-09-11 | 10.15x |
| 2025-09-10 | 10.15x |
| 2025-09-09 | 10.06x |
| 2025-09-08 | 9.90x |
| 2025-09-05 | 9.92x |
| 2025-09-04 | 10.19x |
| 2025-09-03 | 10.16x |
| 2025-09-02 | 10.37x |
| 2025-08-29 | 10.27x |
| 2025-08-28 | 10.23x |
| 2025-08-27 | 10.17x |
| 2025-08-26 | 9.95x |
| 2025-08-25 | 10.11x |
| 2025-08-22 | 10.13x |
| 2025-08-21 | 9.86x |
| 2025-08-20 | 9.72x |
| 2025-08-19 | 9.63x |
| 2025-08-18 | 9.76x |
| 2025-08-15 | 9.78x |
| 2025-08-14 | 9.76x |
| 2025-08-13 | 9.80x |
| 2025-08-12 | 9.79x |
| 2025-08-11 | 9.80x |
| 2025-08-08 | 9.90x |
| 2025-08-07 | 9.94x |
| 2025-08-06 | 9.71x |
| 2025-08-05 | 9.74x |
| 2025-08-04 | 9.57x |
| 2025-08-01 | 9.62x |
| 2025-07-31 | 9.81x |
| 2025-07-30 | 9.86x |
| 2025-07-29 | 9.95x |
| 2025-07-28 | 9.87x |
| 2025-07-25 | 9.73x |
| 2025-07-24 | 9.79x |
| 2025-07-23 | 9.73x |
| 2025-07-22 | 9.68x |
| 2025-07-21 | 9.51x |
| 2025-07-18 | 9.58x |
| 2025-07-17 | 9.63x |
| 2025-07-16 | 9.60x |
| 2025-07-15 | 9.70x |
| 2025-07-14 | 9.83x |
| 2025-07-11 | 9.91x |
| 2025-07-10 | 9.83x |
| 2025-07-09 | 9.88x |
| 2025-07-08 | 9.92x |
| 2025-07-07 | 9.82x |
| 2025-07-03 | 9.95x |
| 2025-07-02 | 10.00x |
| 2025-07-01 | 9.80x |
| 2025-06-30 | 9.73x |
| 2025-06-27 | 9.74x |
| 2025-06-26 | 9.86x |
| 2025-06-25 | 9.72x |
| 2025-06-24 | 9.76x |
| 2025-06-23 | 9.92x |
| 2025-06-20 | 10.25x |
| 2025-06-18 | 10.31x |
| 2025-06-17 | 10.41x |
| 2025-06-16 | 10.23x |
| 2025-06-13 | 10.35x |
| 2025-06-12 | 10.18x |
| 2025-06-11 | 10.08x |
| 2025-06-10 | 9.93x |
| 2025-06-09 | 9.79x |
| 2025-06-06 | 9.78x |
| 2025-06-05 | 9.62x |
| 2025-06-04 | 9.60x |
| 2025-06-03 | 9.74x |
| 2025-06-02 | 9.58x |
| 2025-05-30 | 9.46x |
Showing the most recent 260 of 4,655 data points. The chart above shows the full history.
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About Canadian Natural Resources Limited
Canadian Natural Resources Limited (CNQ) is an integrated energy enterprise engaged across the full spectrum of upstream and downstream activities related to crude oil, natural gas, and natural gas liquids (NGLs), encompassing acquisition, exploration, development, production, marketing, and sales. Its diverse portfolio of hydrocarbon products encompasses synthetic crude oil (SCO), light and medium crude, bitumen (also known as thermal oil), along with both primary heavy crude oil and specialized Pelican Lake heavy crude. Beyond exploration and production, the company holds midstream and refining assets, notably comprising two crude oil pipeline networks and a half-interest (50% working interest) in an 84-megawatt cogeneration facility situated at Primrose. As of December 31, 2020, CNQ reported substantial reserves. Its proved crude oil, bitumen, and NGLs reserves amounted to 10,528 million barrels (MMbbl), escalating to 13,271 MMbbl when probable reserves are included. Proved synthetic crude oil (SCO) reserves stood at 6,998 MMbbl, with total proved plus probable SCO reserves reaching 7,535 MMbbl. Furthermore, the company's proved natural gas reserves were recorded at 12,168 billion cubic feet (Bcf), expanding to 20,249 Bcf on a proved plus probable basis. Geographically, its operations are concentrated in key regions, including Western Canada, the United Kingdom's North Sea sector, and offshore West Africa. The entity, incorporated in 1973, was originally known as AEX Minerals Corporation before adopting the name Canadian Natural Resources Limited in December 1975. Its corporate headquarters are located in Calgary, Canada.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Norman Murray Edwards