Canadian Natural Resources (CNQ) Forward PE Ratio: History & Chart

Canadian Natural Resources Limited(CNQ)

Oil & Gas Exploration & Production · Calgary, AB

$50.07-0.73 (-1.44%)

Delayed quote: Sep 11, 2026, 4:00 PM EDT

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

10,750 employees

www.cnrl.com

Energy / Oil & Gas Exploration & Production

Sector: Energy
Industry: Oil & Gas Exploration & Production
CEO: Norman Murray Edwards

View full financials

NAME	MARKET CAP	FORWARD PE RATIO
Canadian Natural Resources Limited (CNQ)	$104.43B	N/A
Phillips 66 (PSX)vs ›	$104.03B	9.89
Valero Energy Corporation (VLO)vs ›	$112.41B	8.91
Marathon Petroleum Corporation (MPC)vs ›	$115.59B	7.63
The Williams Companies, Inc. (WMB)vs ›	$89.11B	29.50
Enterprise Products Partners L.P. (EPD)vs ›	$84.16B	12.95
Slb N.V. (SLB)vs ›	$83.20B	22.62
Suncor Energy Inc. (SU)vs ›	$81.27B	N/A
Eni S.p.A. (E)vs ›	$81.20B	N/A
EOG Resources, Inc. (EOG)vs ›	$78.49B	8.88

NAME

MARKET CAP

FORWARD PE RATIO

Canadian Natural Resources Limited (CNQ)

$104.43B

N/A

Phillips 66 (PSX)vs ›

$104.03B

9.89

Valero Energy Corporation (VLO)vs ›

$112.41B

8.91

Marathon Petroleum Corporation (MPC)vs ›

$115.59B

7.63

The Williams Companies, Inc. (WMB)vs ›

$89.11B

29.50

Enterprise Products Partners L.P. (EPD)vs ›

$84.16B

12.95

Slb N.V. (SLB)vs ›

$83.20B

22.62

Suncor Energy Inc. (SU)vs ›

$81.27B

N/A

Eni S.p.A. (E)vs ›

$81.20B

N/A

EOG Resources, Inc. (EOG)vs ›

$78.49B

8.88

Forward PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Forward PE Ratio: N/A

CNQ Forward PE Ratio Metrics

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