CNQCanadian Natural Resources Limited

$49.65+60% 1Y

Is the business good?

Mixed

Returns not propped up by debt. That is the only one of 4 checks this filer's data supports, so take it as a single data point rather than a settled answer.

1 neutral, 3 without data
Where ROE comes from12% ROAderived

Margin-driven, fat margins on slower asset turns. ROE 24% = margin × turnover × leverage.

Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.

How good a business is CNQ?

Canadian Natural Resources Limited keeps 28% of every revenue dollar as profit after everything, against 16% for the median Oil & Gas E&P name.

28%

Net margin · Oil & Gas E&P median 16% · fiscal year to FY2025

Share count, year on year
−2.0%

Share count, year on year · bought back, each share owns more of the company

Details›
Net marginfiscal year to FY2025
28%
Revenue, trailing twelve months
$38.8B
Net income, trailing twelve months
$10.8B

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.