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Canadian Natural Resources (TSX:CNQ) EV-to-EBITDA

: 7.14 (As of Today)
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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Canadian Natural Resources's enterprise value is C$123,241 Mil. Canadian Natural Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$17,269 Mil. Therefore, Canadian Natural Resources's EV-to-EBITDA for today is 7.14.

The historical rank and industry rank for Canadian Natural Resources's EV-to-EBITDA or its related term are showing as below:

TSX:CNQ' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.05   Med: 6.6   Max: 17.12
Current: 7.14

During the past 13 years, the highest EV-to-EBITDA of Canadian Natural Resources was 17.12. The lowest was 3.05. And the median was 6.60.

TSX:CNQ's EV-to-EBITDA is ranked worse than
59.11% of 785 companies
in the Oil & Gas industry
Industry Median: 6.11 vs TSX:CNQ: 7.14

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-18), Canadian Natural Resources's stock price is C$106.30. Canadian Natural Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$7.480. Therefore, Canadian Natural Resources's PE Ratio for today is 14.21.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Canadian Natural Resources EV-to-EBITDA Historical Data

The historical data trend for Canadian Natural Resources's EV-to-EBITDA 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.15 9.53 4.65 4.28 5.94

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
EV-to-EBITDA Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.28 4.69 5.48 6.45 5.94

Competitive Comparison

For the Oil & Gas E&P subindustry, Canadian Natural Resources's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA Distribution

For the Oil & Gas industry and Energy sector, Canadian Natural Resources's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Canadian Natural Resources's EV-to-EBITDA falls into.



Canadian Natural Resources EV-to-EBITDA Calculation

Canadian Natural Resources's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=123240.983/17269
=7.14

Canadian Natural Resources's current Enterprise Value is C$123,241 Mil.
Canadian Natural Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$17,269 Mil.

* 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.


Canadian Natural Resources  (TSX:CNQ) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Canadian Natural Resources's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=106.30/7.480
=14.21

Canadian Natural Resources's share price for today is C$106.30.
Canadian Natural Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$7.480.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Canadian Natural Resources EV-to-EBITDA Related Terms

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


Canadian Natural Resources (TSX:CNQ) Business Description

Traded in Other Exchanges
Address
855 - 2nd Street South West, Suite 2100, Calgary, AB, CAN, T2P 4J8
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.
Executives
Devin Craig Lowe Senior Officer
Warren Paul Raczynski Senior Officer
Timothy Shawn Mckay Senior Officer

Canadian Natural Resources (TSX:CNQ) Headlines