CNQ CN

CNQ Canadian Natural Resources Limi

Energy · Oil & Gas E&P

8 · Strong Momentum 10.0 · Strong Watch 10y streak Reports ~Nov 5

53.80

+3.56%

About the company

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers synthetic crude oil (SCO), mining bitumen, light and medium crude oil and NGLs, thermal bitumen, primary heavy crude oil and Pelican Lake heavy crude oil. Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.

3.27%
43.24%
1.76
110.9B
13.22
4.07
44.88

52-week range

53.8
low 29.7 high 53.9
Yield Growth Momentum Safety Value Health

Dividend deep dive

Canadian Natural Resources Limi (CNQ) operates in the Oil & Gas E&P sector. It currently offers a dividend yield of 3.79%. The company holds a strong rating score of 9.0, with a momentum score of 7.0 indicating a positive price trend. Its value score of 5.0 suggests a moderate valuation. The current dividend yield is below its 5-year average yield of 4.56%, implying an overvalued status according to yield theory, though a 2-stage fair value model indicates a potential 31.4% upside.

Dividend history

Canadian Natural Resources Limi has consistently increased its dividend for 10 consecutive years, earning it a 'Contender' status. The dividend has grown significantly, with a 3-year Compound Annual Growth Rate (CAGR) of 13.24% and a 5-year CAGR of 21.85%. This growth implies a dividend doubling time of 3.3 years. Annual dividends have increased from 0.3935 USD in 2014 to 1.34 USD in 2023, with projected amounts of 1.554 USD for 2024 and 1.684 USD for 2025, demonstrating a strong historical growth trajectory.

Dividend safety

The dividend safety status for CNQ is currently at 'watch'. The company maintains a payout ratio of 45.34% based on its earnings per share, suggesting reasonable coverage. Its debt-to-equity ratio is 44.85%.

Quantic · Free

Read the rest of the safety verdict

Plus the key risks and what to watch next — free, no card.

AI-generated from Quantic's dividend data · Updated 28 Sep 2026 · Information, not financial advice.

Price history

48.7 28.3 7.81 2021 2022 2023 2024 2025 2026 2020-08 · 9.63 2020-09 · 7.84 2020-10 · 7.81 2020-11 · 11.2 2020-12 · 11.8 2021-01 · 11.1 2021-02 · 13.4 2021-03 · 15.1 2021-04 · 14.9 2021-05 · 17.0 2021-06 · 17.8 2021-07 · 16.2 2021-08 · 16.2 2021-09 · 17.9 2021-10 · 20.8 2021-11 · 20.0 2021-12 · 20.7 2022-01 · 24.9 2022-02 · 27.3 2022-03 · 30.4 2022-04 · 30.3 2022-05 · 32.5 2022-06 · 26.3 2022-07 · 27.0 2022-08 · 27.4 2022-09 · 23.3 2022-10 · 30.0 2022-11 · 29.9 2022-12 · 27.8 2023-01 · 30.7 2023-02 · 28.3 2023-03 · 27.7 2023-04 · 30.5 2023-05 · 26.9 2023-06 · 28.1 2023-07 · 30.4 2023-08 · 32.3 2023-09 · 32.3 2023-10 · 31.8 2023-11 · 33.4 2023-12 · 32.8 2024-01 · 32.0 2024-02 · 34.8 2024-03 · 38.2 2024-04 · 37.9 2024-05 · 38.4 2024-06 · 35.6 2024-07 · 35.5 2024-08 · 36.2 2024-09 · 33.2 2024-10 · 34.0 2024-11 · 33.8 2024-12 · 30.9 2025-01 · 30.4 2025-02 · 28.3 2025-03 · 30.8 2025-04 · 28.7 2025-05 · 30.4 2025-06 · 31.4 2025-07 · 31.7 2025-08 · 31.6 2025-09 · 32.0 2025-10 · 32.0 2025-11 · 33.8 2025-12 · 33.9 2026-01 · 37.2 2026-02 · 43.8 2026-03 · 48.7 2026-04 · 47.7 2026-05 · 45.4 2026-06 · 39.5 2026-07 · 42.9
Price

Dividend profile

Frequency
Quarterly
Growth (TTM)
-44.6%
CAGR 3y
+13.2%
+21.9%
10 years

(5-year)

Now 3.3%
4.1% avg 4.6% 5.4%

Payment calendar

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Dividend history

CAGR 3y +13.2% CAGR 5y +21.9% 10y streak
14 15 16 17 18 19 20 21 22 23 24 25

Per-share dividend by year

Quantic · Free

Unlock valuation & strategy

Two DDM fair values, margin of safety, sector value rank, Dividend Yield Theory, doubling time and max drawdown.

Debt & leverage

44.9%
0.98
0.64
Debt vs cash
Debt Cash
Total debt
20.0B USD
Total cash
808.0M USD
14.8B USD

Latest reported balance-sheet figures.

Held by 3 investors · watched by 4

Information, not financial advice.

Quantic · Free

Track CNQ and your whole portfolio

Real yield, dividend safety, net-of-tax income and your path to freedom — free, no broker connection.

€0

Need more? Pro adds portfolios, options income tracking & more AI. See Pro →