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Canadian Natural Resources Limited (CNQ)
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Canadian Natural Resources Limited (CNQ) Shares Outstanding: 2.09

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Is Canadian Natural Resources Limited’s shares outstanding high or low?

Canadian Natural Resources Limited's shares outstanding of 2.09 is in line with its 5-year average of 2.23, near the low end of its 5-year range (2.09–2.36).

1.21% below its 12-month average of 2.12.

Market Cap|Share Buybacks|EPS|All Metrics

CNQ Shares Outstanding Chart

CNQ Shares Outstanding
2.09-2.40% 1Y
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CNQ Average Shares Outstanding Chart

CNQ Current vs Average Shares Outstanding Chart

CNQ Shares Outstanding Metrics

SHARES OUTSTANDING

2.09

SHARES OUTSTANDING AVG TTM

2.12

SHARES OUTSTANDING AVG 3Y

2.17

SHARES OUTSTANDING AVG 5Y

2.23

SHARES OUTSTANDING AVG 10Y

2.27

SHARES OUTSTANDING AVG 15Y

2.24

SHARES OUTSTANDING AVG 20Y

2.22

CURRENT VS TTM AVG

-1.21%

CURRENT VS 3Y AVG

-3.70%

CURRENT VS 5Y AVG

-6.37%

CURRENT VS 10Y AVG

-7.68%

CURRENT VS 15Y AVG

-6.66%

CURRENT VS 20Y AVG

-5.82%

Share Structure

Shares Outstanding

2.09B

Float Shares

N/A

Stock Price

$45.44

Market Cap

$94.8B

Annual Shares Outstanding History

YearWeighted Average SharesYoY Change
20252.09B-2.40%
20242.14B-1.84%
20232.18B-3.85%
20222.27B-3.92%
20212.36B+0.47%
20202.35B-1.28%
20192.38B-2.28%
20182.44B+3.22%
20172.36B+9.98%
20162.15B-1.84%
20152.19B-0.33%
20142.19B+0.81%
20132.18B-0.61%
20122.19B-0.02%
20112.19B+0.69%
20102.18B+0.39%
20092.17B+0.24%
20082.16B+0.24%
20072.16B+0.41%
20062.15B+0.25%
20052.14B-0.09%
20042.15B-33.35%
20033.22B-15.68%
20023.82B-2.67%
20013.92B+6.72%
20003.67B+10.51%
19993.33B+4.22%
19983.19B+0.89%
19973.16B+18.58%
19962.67B-

Relationship: Market Cap = Shares Outstanding × Stock Price

Key concepts:

  • Float shares: Shares available for public trading
  • Dilution: When new shares are issued, existing shareholders own less
  • Buybacks: Reduce share count, increasing EPS and ownership stake
  • Stock splits: Increase share count but don't change market cap

Canadian Natural Resources Limited Shares Outstanding Formula & Definition

Shares Outstanding represents the total number of shares issued by a company that are held by all shareholders. Changes in share count affect EPS and ownership dilution.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Canadian Natural Resources Limited Shares Outstanding FAQ

What is the shares outstanding for Canadian Natural Resources Limited (CNQ)?
The shares outstanding for CNQ stock is 2.09.
Is Canadian Natural Resources Limited's shares outstanding high or low?
Canadian Natural Resources Limited's shares outstanding of 2.09 is in line with its 5-year average of 2.23, near the low end of its 5-year range (2.09–2.36).
What is the TTM average shares outstanding for Canadian Natural Resources Limited (CNQ)?
The TTM average shares outstanding for CNQ stock is 2.12.
What is the 3Y average shares outstanding for Canadian Natural Resources Limited (CNQ)?
The 3Y average shares outstanding for CNQ stock is 2.17.
What is the 5Y average shares outstanding for Canadian Natural Resources Limited (CNQ)?
The 5Y average shares outstanding for CNQ stock is 2.23.
What is the 10Y average shares outstanding for Canadian Natural Resources Limited (CNQ)?
The 10Y average shares outstanding for CNQ stock is 2.27.
What is the 15Y average shares outstanding for Canadian Natural Resources Limited (CNQ)?
The 15Y average shares outstanding for CNQ stock is 2.24.
What is the 20Y average shares outstanding for Canadian Natural Resources Limited (CNQ)?
The 20Y average shares outstanding for CNQ stock is 2.22.

Canadian Natural Resources Limited Shares Outstanding History

DATESHARES OUTSTANDING
2025-12-312.09
2024-12-312.14
2023-12-312.18
2022-12-312.27
2021-12-312.36
2020-12-312.35
2019-12-312.38
2018-12-312.44
2017-12-312.36
2016-12-312.15
2015-12-312.19
2014-12-312.19
2013-12-312.18
2012-12-312.19
2011-12-312.19
2010-12-312.18
2009-12-312.17
2008-12-312.16
2007-12-312.16
2006-12-312.15
2005-12-312.14
2004-12-312.15
2003-12-313.22
2002-12-313.82
2001-12-313.92
2000-12-313.67
1999-12-313.33
1998-12-313.19
1997-12-313.16
1996-12-312.67

Related Metrics

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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.

Calgary, AB
10,640 employees
www.cnrl.com
Energy / Oil & Gas Exploration & Production
Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
Norman Murray Edwards
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