Canadian Natural Resources (CNQ) Price to Earnings (2010 - 2026)
Canadian Natural Resources' (CNQ) Price to Earnings came in at 9.62 for Q3 2026, down 32.2% from 14.18 a year earlier and down 0.8% from the prior quarter.
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Analysis
Canadian Natural Resources (CNQ) Price to Earnings (2010 - 2026) Analysis & Trends
For FY2025, Canadian Natural Resources' Price to Earnings stood at 9.10, down 37.5% from FY2024.
- In prior years, Canadian Natural Resources' Price to Earnings was 14.56 in FY2024 (+26.4%), 11.51 in FY2023 (+58.2%), 7.28 in FY2022 (-7.9%) and 7.91 in FY2021.
- Quarterly Price to Earnings has run from a low of 5.81 in Q3 2022 to a high of 14.88 in Q1 2024 over five years.
- On a year-over-year basis, Price to Earnings increased in three of the last eight quarters, with an average decline of 7.6%.
- The strongest year-over-year quarter for Price to Earnings in the past five years was Q3 2023, with growth of 132.1%; the weakest was Q1 2022, with a decline of 77.1%.
- According to Business Quant data, Price to Earnings for the three prior quarters was 9.70 (Q2 2026), 14.50 (Q1 2026) and 9.12 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn |
| 10 | Suncor Energy | 83.45 Bn | 69.02 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.62 |
| Jun 30, 2026 | 9.70 |
| Mar 31, 2026 | 14.50 |
| Dec 31, 2025 | 9.12 |
| Sep 30, 2025 | 14.18 |
| Jun 30, 2025 | 11.07 |
| Mar 31, 2025 | 11.90 |
| Dec 31, 2024 | 14.55 |
| Sep 30, 2024 | 12.77 |
| Jun 30, 2024 | 13.48 |
| Mar 31, 2024 | 14.88 |
| Dec 31, 2023 | 11.52 |
| Sep 30, 2023 | 13.48 |
| Jun 30, 2023 | 10.89 |
| Mar 31, 2023 | 8.30 |
| Dec 31, 2022 | 7.23 |
| Sep 30, 2022 | 5.81 |
| Jun 30, 2022 | 6.86 |
| Mar 31, 2022 | 9.49 |
| Dec 31, 2021 | 7.91 |
API Access
Canadian Natural Resources Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "CNQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();