Canadian Natural Resources (Canadian Natural Resources) Market Cap : $82,553 Mil (As of Apr. 26, 2024)

View and export this data going back to 2000. Start your Free Trial

What is Canadian Natural Resources Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Canadian Natural Resources's share price for the quarter that ended in Dec. 2023 was $65.52. Canadian Natural Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,072 Mil. Therefore, Canadian Natural Resources's market cap for the quarter that ended in Dec. 2023 was $70,264 Mil.

Canadian Natural Resources's quarterly market cap increased from Jun. 2023 ($61,453 Mil) to Sep. 2023 ($70,318 Mil) but then declined from Sep. 2023 ($70,318 Mil) to Dec. 2023 ($70,264 Mil).

Canadian Natural Resources's annual market cap increased from Dec. 2021 ($49,364 Mil) to Dec. 2022 ($61,230 Mil) and increased from Dec. 2022 ($61,230 Mil) to Dec. 2023 ($70,264 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Canadian Natural Resources's Enterprise Value for Today is $89,523 Mil.

Canadian Natural Resources Market Cap Historical Data

The historical data trend for Canadian Natural Resources's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canadian Natural Resources Market Cap Chart

Canadian Natural Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

Get a 7-Day Free Trial

38,394.92

28,472.07

49,363.63

61,229.60

70,264.30

Canadian Natural Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Market Cap	Get a 7-Day Free Trial															61,229.60	60,740.54	61,452.80	70,317.63	70,264.30

Competitive Comparison of Canadian Natural Resources's Market Cap

For the Oil & Gas E&P subindustry, Canadian Natural Resources's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canadian Natural Resources's Market Cap Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Canadian Natural Resources's Market Cap distribution charts can be found below:

* The bar in red indicates where Canadian Natural Resources's Market Cap falls into.

Canadian Natural Resources Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Canadian Natural Resources's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )	=	Share Price (A: Dec. 2023 )	*	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	$65.52	*	1072.41
	=	$70,264

Canadian Natural Resources's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )	=	Share Price (Q: Dec. 2023 )	*	Shares Outstanding (EOP) (Q: Dec. 2023 )
	=	$65.52	*	1072.41
	=	$70,264

Canadian Natural Resources (NYSE:CNQ) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Canadian Natural Resources Market Cap Related Terms

Thank you for viewing the detailed overview of Canadian Natural Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.

Canadian Natural Resources (Canadian Natural Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Canadian Natural Resources Ltd (NYSE:CNQ) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

CRC:Germany CRC:Germany CNQ:Canada

Address

855 - 2nd Street South West, Suite 2100, Calgary, AB, CAN, T2P 4J8

Website

https://www.cnrl.com

Canadian Natural Resources Ltd is an independent crude oil and natural gas exploration, development, and production company. The Company's exploration and production operations are focused in North America, largely in Western Canada; the United Kingdom (UK) portion of the North Sea, and Cote d'Ivoire and South Africa in Offshore Africa. The Company's exploration and production activities are conducted in three geographic segments: North America, the North Sea, and Offshore Africa. These activities include the exploration, development, production, and marketing of crude oil, natural gas liquids, and natural gas. The company has two divisions; Oil Sands Mining and Upgrading Midstream and Refining. It derives a majority of its revenue from North America.