Canadian Natural Resources's quarterly market cap
increased
from Jun. 2025 (€56,070 Mil) to Sep. 2025 (€56,777 Mil) and
increased
from Sep. 2025 (€56,777 Mil) to Dec. 2025 (€58,472 Mil).
Canadian Natural Resources's annual market cap
declined
from Dec. 2023 (€63,294 Mil) to Dec. 2024 (€60,945 Mil) and
declined
from Dec. 2024 (€60,945 Mil) to Dec. 2025 (€58,472 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 €82,296 Mil.
Canadian Natural Resources (FRA:CRC) 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
Canadian Natural Resources Market Cap Historical Data
* 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.
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 Market Cap vs 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.
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.
* 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 (FRA:CRC) has a Market Cap of €72,415 Mil as of Jun. 28, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Canadian Natural Resources and its competitors. According to the industry distribution chart, Canadian Natural Resources ranks #14 out of 1046 companies in the Oil & Gas industry, placing it in the top 1.3%.
Is Canadian Natural Resources' Market Cap too high?
Canadian Natural Resources' current Market Cap is €72,415 Mil. Based on the distribution chart, Canadian Natural Resources ranks #14 out of 1046 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Canadian Natural Resources has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Natural Resources' Market Cap compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Canadian Natural Resources ranks #14 out of 1046 companies for Market Cap. This places Canadian Natural Resources in the top 1% of its industry — outperforming the majority of peers. The industry median Market Cap is 213.99. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Oil & Gas company?
The median Market Cap among Oil & Gas companies is 213.99, based on 1,046 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Canadian Natural Resources and its competitors. For the Oil & Gas industry, the median Market Cap is 213.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Natural Resources's current Market Cap is €72,415 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Natural Resources stock overvalued right now?
Based on GuruFocus' analysis, Canadian Natural Resources (FRA:CRC) is currently considered Modestly Overvalued. The stock's GF Value™ is €29.59, compared to a current price of €34.20 — trading 15.6% above its estimated fair value. The current Market Cap is €72,415 Mil. Canadian Natural Resources' overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Canadian Natural Resources (FRA:CRC), the current Market Cap is €72,415 Mil as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Canadian Natural Resources (FRA:CRC) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Natural Resources stock appears to be overvalued.
The current stock price of €34.20 is trading 15.6% above its estimated GF Value™ of €29.59.
GuruFocus considers Canadian Natural Resources to be Modestly Overvalued.
Key valuation signals for FRA:CRC:
Market Cap: €72,415 Mil
GF Value™: €29.59 vs. price of €34.20 (15.6% above fair value)
No single metric tells the full story. See the FRA:CRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canadian Natural Resources is the largest producer of oil and the second-largest producer of natural gas in Canada. It is principally involved in extracting heavy oils, natural gas, and bitumen through its drilling and mining operations. Bitumen from mining operations is upgraded into synthetic crude oil. Commodities produced are primarily exported to the US via pipeline. The company also has smaller offshore production operations in the North Sea and Africa.
78GF Score
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