Canadian Natural Resources Ltd (TO:CNQ) — Market Cap & Net Worth
Market Cap & Net Worth: Canadian Natural Resources Ltd (CNQ)
Canadian Natural Resources Ltd (TO:CNQ) has a market capitalization of $105.39 Billion (CA$145.69 Billion) as of September 16, 2026. Listed on the TO stock exchange, this Canada-based company holds position #240 globally and #7 in its home market, demonstrating a -0.86% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Canadian Natural Resources Ltd's stock price CA$69.94 by its total outstanding shares 2083107000 (2.08 Billion). Also see how large is Canadian Natural Resources Ltd's balance sheet for a full breakdown of the balance sheet.
Canadian Natural Resources Ltd Market Cap History: 2015 to 2026
Canadian Natural Resources Ltd's market capitalization history from 2015 to 2026. Data shows growth from $17.53 Billion to $105.39 Billion (17.84% CAGR). Also see CNQ operating cash flow for how efficiently the company converts equity into cash flow.
Index Memberships
Canadian Natural Resources Ltd is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P TSX Composite Index (Canada)
GSPTSE
|
$3.87 Trillion | 2.72% | #7 of 225 |
Weight: Canadian Natural Resources Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Canadian Natural Resources Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Canadian Natural Resources Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check CNQ share price today for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
1.61x
Canadian Natural Resources Ltd's market cap is 1.61 times its annual revenue
Latest Price to Earnings (P/E) Ratio
10.95x
Canadian Natural Resources Ltd's market cap is 10.95 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $17.53 Billion | $13.17 Billion | -$637.00 Million | 1.33x | N/A |
| 2016 | $25.15 Billion | $12.00 Billion | -$204.00 Million | 2.10x | N/A |
| 2017 | $26.41 Billion | $18.36 Billion | $2.40 Billion | 1.44x | 11.02x |
| 2018 | $19.36 Billion | $22.28 Billion | $2.59 Billion | 0.87x | 7.47x |
| 2019 | $25.47 Billion | $24.39 Billion | $5.42 Billion | 1.04x | 4.70x |
| 2020 | $19.34 Billion | $16.89 Billion | -$435.00 Million | 1.14x | N/A |
| 2021 | $34.89 Billion | $32.85 Billion | $7.66 Billion | 1.06x | 4.55x |
| 2022 | $52.22 Billion | $49.53 Billion | $10.94 Billion | 1.05x | 4.77x |
| 2023 | $63.22 Billion | $40.84 Billion | $8.23 Billion | 1.55x | 7.68x |
| 2024 | $66.88 Billion | $41.51 Billion | $6.11 Billion | 1.61x | 10.95x |
Competitor Companies of CNQ by Market Capitalization
Companies near Canadian Natural Resources Ltd in the global market cap rankings as of September 16, 2026. Review Canadian Natural Resources Ltd (CNQ) tangible net worth to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Canadian Natural Resources Ltd by market ranking:
- ConocoPhillips (NYSE:COP): Ranked #149 globally with a market cap of $164.02 Billion USD.
- EOG Resources Inc (NYSE:EOG): Ranked #402 globally with a market cap of $70.68 Billion USD.
- Occidental Petroleum Corporation (NYSE:OXY): Ranked #490 globally with a market cap of $55.89 Billion USD.
- Devon Energy Corporation (NYSE:DVN): Ranked #511 globally with a market cap of $53.88 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #149 | ConocoPhillips | NYSE:COP | $164.02 Billion | $136.67 |
| #402 | EOG Resources Inc | NYSE:EOG | $70.68 Billion | $148.54 |
| #490 | Occidental Petroleum Corporation | NYSE:OXY | $55.89 Billion | $61.78 |
| #511 | Devon Energy Corporation | NYSE:DVN | $53.88 Billion | $49.73 |
Canadian Natural Resources Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Canadian Natural Resources Ltd's market cap moved from $17.53 Billion to $ 105.39 Billion, with a yearly change of 17.84%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$105.39 Billion | +50.44% |
| 2025 | CA$70.06 Billion | +4.75% |
| 2024 | CA$66.88 Billion | +5.79% |
| 2023 | CA$63.22 Billion | +21.06% |
| 2022 | CA$52.22 Billion | +49.65% |
| 2021 | CA$34.89 Billion | +80.40% |
| 2020 | CA$19.34 Billion | -24.07% |
| 2019 | CA$25.47 Billion | +31.54% |
| 2018 | CA$19.36 Billion | -26.67% |
| 2017 | CA$26.41 Billion | +4.98% |
| 2016 | CA$25.15 Billion | +43.46% |
| 2015 | CA$17.53 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 15th, 2026 the market cap of Canadian Natural Resources Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $105.39 Billion USD |
| MoneyControl | $105.39 Billion USD |
| MarketWatch | $105.39 Billion USD |
| marketcap.company | $105.39 Billion USD |
| Reuters | $105.39 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Canadian Natural Resources Ltd
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 light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthet… Read more