CNQ.TO CN

CNQ.TO CDN NATURAL RES

Energy · Oil & Gas E&P

8 · Strong Watch 9y streak

61.05

+1.41%

About the company

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers synthetic crude oil (SCO), mining bitumen, light and medium crude oil and NGLs, thermal bitumen, primary heavy crude oil and Pelican Lake heavy crude oil. Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.

4.10% 49.12% 2.50 127.3B 11.99 5.09 54.93
52w 40.62 70.99
Yield Growth Safety Value Health

Dividend deep dive

CDN Natural Res (CNQ.TO) is an Oil & Gas E&P company within the Energy sector, with a market capitalization of CAD 127.12 billion. It currently offers a dividend yield of 4.1%. Based on Yield Theory, the stock is considered overvalued as its current yield is at the lower end of its 5-year range, which spanned from a low of 4.1% to a high of 5.39%. The company is recognized as a 'Challenger' in the CCC dividend classification, having increased its dividend for 9 consecutive years.

Dividend history

CDN Natural Res has a notable dividend increase streak of 9 years, establishing its status as a CCC Challenger. The company distributes dividends on a quarterly basis. It has demonstrated robust dividend growth, evidenced by a 3-year compound annual growth rate (CAGR) of 16.18% and a 5-year CAGR of 23.09%. Annual dividend payments have steadily climbed from CAD 0.4407 in 2014 to CAD 1.80 in 2023. Projections show further increases, with CAD 2.10 for 2024 and CAD 2.352 for 2025, highlighting its consistent commitment to dividend growth.

Unlock the full analysis

Dividend safety read, the key risks, and what to watch next.

AI-generated from Quantic's dividend data · Updated 17 Jul 2026 · Information, not financial advice.

Price history

67.9 39.1 10.4 50d Now 200d 2020 2021 2022 2023 2024 2025 2026

Monthly close ·

Dividend profile

Frequency Quarterly Growth (TTM) +7.2% CAGR 3y +16.2% +23.1% 9 years

(5-year)

Now 4.1% 4.1% avg 4.5% 5.4%

Payment calendar

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Dividend history

CAGR 3y +16.2% CAGR 5y +23.1% 9y streak
14 15 16 17 18 19 20 21 22 23 24 25

Per-share dividend by year

Unlock valuation & strategy

Chowder number, DDM fair value, Dividend Yield Theory and Champion/King status.

Debt & leverage

Debt / equity 44.9%
Current ratio 0.98
Quick ratio 0.64
Debt vs cash
Debt Cash
44.85%
0.98
0.64
Total debt
20.0B CAD
Total cash
808.0M CAD
14.8B CAD

Latest reported balance-sheet figures.

Held by 1 investor

Information, not financial advice.

The information on Quantic is provided for informational and educational purposes only. It is general in nature, does not take into account your personal financial situation, and does not constitute investment, financial, tax, or legal advice — nor a recommendation to buy or sell any security. Investing involves risk, including possible loss of principal; past performance is not a reliable indicator of future results. Market data comes from third-party providers and may be delayed or inaccurate. Before making any investment decision, consider your objectives, time horizon, risk tolerance, and diversification, and consult a qualified financial professional. Quantic is not a registered investment adviser or broker-dealer.

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