Canadian Natural Resources (TSX:CNQ) Valuation Rank

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:CNQ Canadian Natural Resources Ltd TSX:CNQ
81 GF Score
Price C$66.22
GF Value C$48.59
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Canadian Natural Resources Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.


Canadian Natural Resources Valuation Rank Related Terms

TSX:CNQ
81GF Score
Canadian Natural Resources Ltd TSX:CNQ
Valuation Rank is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is Canadian Natural Resources (TSX:CNQ) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Natural Resources stock appears to be overvalued. The current stock price of C$66.22 is trading 36.3% above its estimated GF Value™ of C$48.59. GuruFocus considers Canadian Natural Resources to be Significantly Overvalued.

Key valuation signals for TSX:CNQ:

  • Valuation Rank:
  • GF Value™: C$48.59 vs. price of C$66.22 (36.3% above fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the TSX:CNQ 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.
81GF Score

Get the complete analysis for TSX:CNQ

Valuation Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$66.22
Price
C$48.59
GF Value