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The gross refining margin is the difference between the value of petroleum products when they leave the refinery and the value of the crude oil entering the refinery. Refining Margin per USD Barrel (USD) is calculated as the refining margin divided by the total number of barrels the company produced.
The historical rank and industry rank for Canadian Natural Resources's Refining Margin per USD Barrel (USD) or its related term are showing as below:
FRA:CRC's Refining Margin per USD Barrel (USD) is not ranked *
in the Oil & Gas industry.
Industry Median: * Ranked among companies with meaningful Refining Margin per USD Barrel (USD) only.
Canadian Natural Resources (FRA:CRC) Refining Margin per USD Barrel (USD) Explanation
The gross refining margin is the difference between the value of petroleum products such as gasoline and diesel when they leave the refinery and the value of the crude oil entering the refinery. Refining Margin per USD Barrel (USD) is a measure of the value contribution of the refinery per unit of input.
Canadian Natural Resources Refining Margin per USD Barrel (USD) Related Terms
Canadian Natural Resources Refining Margin per USD Barrel (USD) Historical Data
* Premium members only.
The historical data trend for Canadian Natural Resources's Refining Margin per USD Barrel (USD) 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.
Canadian Natural Resources Refining Margin per USD Barrel (USD) Chart
Canadian Natural Resources (FRA:CRC) Refining Margin per USD Barrel (USD) Calculation
Refining Margin per USD Barrel (USD) is calculated as
Refining Margin per USD Barrel (USD)
=
Refining Margin
/
Total Number of Barrels
* 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.
Frequently Asked Questions
What does a Refining Margin per USD Barrel (USD) of 0.00 mean?
Canadian Natural Resources (FRA:CRC) has a Refining Margin per USD Barrel (USD) of 0.00 as of . 20. Refining Margin per USD Barrel is a measure of the value contribution of the refinery per unit of input. View historical data on Canadian Natural Resources and its competitors.
Is Canadian Natural Resources' Refining Margin per USD Barrel (USD) too high?
Canadian Natural Resources' current Refining Margin per USD Barrel (USD) is 0.00. Overall, Canadian Natural Resources has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Natural Resources' Refining Margin per USD Barrel (USD) compare to COP and EOG?
Canadian Natural Resources' Refining Margin per USD Barrel (USD) of 0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Refining Margin per USD Barrel (USD) for an Oil & Gas company?
A good Refining Margin per USD Barrel (USD) depends on the Oil & Gas industry context. However, Refining Margin per USD Barrel (USD) 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 Refining Margin per USD Barrel (USD) mean?
A high Refining Margin per USD Barrel (USD) can signal that a stock is expensive relative to its fundamentals. Refining Margin per USD Barrel is a measure of the value contribution of the refinery per unit of input. View historical data on Canadian Natural Resources and its competitors. Canadian Natural Resources's current Refining Margin per USD Barrel (USD) is 0.00. 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 €29.32, compared to a current price of €38.16 — trading 30.2% above its estimated fair value. The current Refining Margin per USD Barrel (USD) is 0.00. Canadian Natural Resources' overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Refining Margin per USD Barrel (USD) calculated?
Refining Margin per USD Barrel (USD) is calculated from a company's financial statements. For Canadian Natural Resources (FRA:CRC), the current Refining Margin per USD Barrel (USD) is 0.00 as of . 20. 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 €38.16 is trading 30.2% above its estimated GF Value™ of €29.32.
GuruFocus considers Canadian Natural Resources to be Modestly Overvalued.
Key valuation signals for FRA:CRC:
Refining Margin per USD Barrel (USD): 0.00
GF Value™: €29.32 vs. price of €38.16 (30.2% 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.
81GF Score
Get the complete analysis for FRA:CRC
Refining Margin per USD Barrel (USD) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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