Canadian Natural Resources Ltd
TSX:CNQ

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Canadian Natural Resources Ltd
TSX:CNQ
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Price: 44.38 CAD 2.19%
Market Cap: 93.7B CAD
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Gross Margin
Canadian Natural Resources Ltd

50.3%
Current
53%
Average
34.1%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
50.3%
=
Gross Profit
18B
/
Revenue
35.7B

Gross Margin Across Competitors

Country CA
Market Cap 93.8B CAD
Gross Margin
50%
Country US
Market Cap 128.3B USD
Gross Margin
47%
Country CN
Market Cap 800.4B CNY
Gross Margin
48%
Country US
Market Cap 69.2B USD
Gross Margin
62%
Country US
Market Cap 48B USD
Gross Margin
72%
Country US
Market Cap 46B USD
Gross Margin
51%
Country US
Market Cap 41B USD
Gross Margin
76%
Country AU
Market Cap 47.3B AUD
Gross Margin
45%
Country US
Market Cap 27.5B USD
Gross Margin
56%
Country US
Market Cap 25.8B EUR
Gross Margin
92%
Country US
Market Cap 25.4B USD
Gross Margin
93%
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Canadian Natural Resources Ltd
Glance View

Market Cap
93.8B CAD
Industry
Energy
Economic Moat
None

In the rugged landscapes of Canada's energy-rich territories, Canadian Natural Resources Ltd. (CNRL) stands as a testament to home-grown success and operational expertise in the oil and gas industry. Founded in 1973, CNRL has evolved from a fledgling enterprise into one of the largest independent crude oil and natural gas producers in the world. The company's operations are meticulously orchestrated across a diverse array of assets, including conventional oil, natural gas, oil sands mining, and thermal in-situ operations. This strategic diversity allows CNRL to optimize production efficiencies and mitigate risks associated with the volatile energy markets. By leveraging a patient and methodical approach, the company navigates complex engineering challenges and adapts to shifting regulatory landscapes, always with an eye on long-term value creation. CNRL's financial prowess is deeply rooted in its low-cost structure and balanced production portfolio. The company's sprawling oil sands mining operations, particularly in the Athabasca region, contribute a substantial portion of its revenues. These operations benefit from economies of scale and technological innovations that drive down production costs while maximizing output. Simultaneously, CNRL capitalizes on its extensive conventional oil and gas operations across Western Canada and beyond, enabling a stable revenue stream and a diverse product mix. Of note is their commitment to sustainability, which is reflected in initiatives aimed at reducing greenhouse gas emissions and improving water management practices. By continuously investing in technology and advocating for sustainable practices, Canadian Natural Resources Ltd. maintains a sturdy foothold in the global energy landscape, all while adapting to the evolving expectations of stakeholders and the planet.

CNQ Intrinsic Value
53.21 CAD
Undervaluation 17%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
50.3%
=
Gross Profit
18B
/
Revenue
35.7B
What is the Gross Margin of Canadian Natural Resources Ltd?

Based on Canadian Natural Resources Ltd's most recent financial statements, the company has Gross Margin of 50.3%.