Canadian Natural Resources (FRA:CRC) Moat Score: 7/10 (As of Jul. 03, 2026)


FRA:CRC Canadian Natural Resources Ltd FRA:CRC
78 GF Score
Price €34.54
GF Value €29.60
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Canadian Natural Resources Moat Score?

Canadian Natural Resources FRA:CRC -0.58% 78 Moat Score is 7 as of Jul. 03, 2026. GuruFocus rates FRA:CRC with a GF Score™ of 78/100 and a GF Value™ of €29.60 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,041 Oil & Gas companies, Canadian Natural Resources ranks better than 99.71% on this metric.

Canadian Natural Resources has the Moat Score of 7, which implies that the company might have Wide Moat - Entry-level wide moat, clearly possessing durable advantages.

Canadian Natural Resources has Wide Moat: Canadian Natural Resources Ltd possesses a wide moat with durable cost advantages, economies of scale, and significant regulatory barriers in the energy sector. The company has strong pricing power and a robust distribution network, ensuring long-term competitive advantages.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Canadian Natural Resources might have Wide Moat - Entry-level wide moat, clearly possessing durable advantages.

Canadian Natural Resources  (FRA:CRC) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Canadian Natural Resources Moat Score Related Terms

FRA:CRC vs COP, EOG, FANG: Moat Score Comparison

For the Oil & Gas E&P subindustry, Canadian Natural Resources's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Oil & Gas Industry

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

* The bar in red indicates where Canadian Natural Resources's Moat Score falls into.


FRA:CRC
78GF Score
Canadian Natural Resources Ltd FRA:CRC
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 7 mean?
Canadian Natural Resources (FRA:CRC) has a Moat Score of 7 as of Jul. 03, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Canadian Natural Resources ranks #3 out of 1041 companies in the Oil & Gas industry, placing it in the top 0.3%.
Is Canadian Natural Resources' Moat Score too high?
Canadian Natural Resources' current Moat Score is 7. The Oil & Gas industry median Moat Score is 1.00. Canadian Natural Resources' value of 7 is 600% above this industry median. Based on the distribution chart, Canadian Natural Resources ranks #3 out of 1041 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' Moat Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Canadian Natural Resources ranks #3 out of 1041 companies for Moat Score. This places Canadian Natural Resources in the top 0% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. Canadian Natural Resources' value of 7 is 600% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Oil & Gas company?
The median Moat Score among Oil & Gas companies is 1.00, based on 1,041 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Natural Resources's current Moat Score of 7 is 600% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. For the Oil & Gas industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Natural Resources's current Moat Score is 7. 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 €29.60, compared to a current price of €34.54 — trading 16.7% above its estimated fair value. The current Moat Score is 7 and 600% above the Oil & Gas industry median of 1.00. 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 Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Canadian Natural Resources (FRA:CRC), the current Moat Score is 7 as of Jul. 03, 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 €34.54 is trading 16.7% above its estimated GF Value™ of €29.60. GuruFocus considers Canadian Natural Resources to be Modestly Overvalued.

Key valuation signals for FRA:CRC:

  • Moat Score: 7
  • GF Value™: €29.60 vs. price of €34.54 (16.7% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 600% above the Oil & Gas median (#3 of 1041)

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 Business Description

Industry EnergyOil & Gas
Address 855 - 2 Street S.W, Suite 2100, Calgary, AB, CAN, T2P 4J8
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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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€34.54
Price
€29.60
GF Value