CNQ Canadian Natural Resources EV/EBITDA Multiple

Corporate emblem and logo of Canadian Natural Resources Ltd (CNQ)

Canadian Natural Resources (CNQ) faces high oil sands extraction costs and environmental levies, which is reflected in the company's EV/EBITDA multiple on GURU.Markets, where the 6.48 metric confirms current levels. To mitigate these risks, the business is forming carbon capture alliances. Meanwhile, large-scale assets with long service cycles ensure high margins and strong operating leverage.

CNQ CNRL: Total Company Value to Operating Income Before Depreciation Ratio in the range 11/23/2025 - 11/14/2026

CNQ (cnrl.com): analytical breakdowns and indicator data

Fundamental company valuation:CNQ (Canadian Natural Resources Ltd)
Product sample of Canadian Natural Resources Limited

Canadian Natural Resources (CNQ) focuses on maximizing returns from long-life heavy oil fields while minimizing reserve depletion. This strategy is reflected in the ratio of enterprise value to earnings before interest, taxes, depreciation, and amortization. This coefficient measures the ability of cash flows to cover the total value of assets, neutralizing the impact of the tax regime. By analyzing changes in the EV/EBITDA multiple, an investor determines the company's level of resilience to market shocks.

Direct competitors

EV/EBITDA Multiple XOM (Exxon Mobil Corporation)|Enterprise Value to EBITDA Multiple ChevronTexaco|Shell plc - EV/EBITDA Multiple|TTE - EV/EBITDA Multiple|Conoco (COP) - Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization|BP - Total Company Value to Operating Income Before Depreciation Ratio|Enterprise Value to EBITDA Ratio EOG|EQNR: Business Value to Operating Income Before Depreciation|EV/EBITDA Multiple MPC|PSX - Company Value to EBITDA|Suncor Energy - Enterprise Value to EBITDA Ratio|E: Enterprise Value to Operating Income Before Depreciation|VLO - Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization|Company Value to Operating Income Before Depreciation Ratio IMO|Petrobras (PBR) - Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization|OXY (oxy.com) - Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization|Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization Diamondback Energy, Inc.|Company Value to EBITDA Cenovus CVE|Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization EQT Corporation (EQT)|WDS (Woodside Petroleum) - Business Value to Operating Income Before Depreciation|EV/EBITDA Multiple EXE (Expand Energy Corporation)|EV/EBITDA Multiple devonenergy.com DVN|EC: Enterprise Value to EBITDA Ratio|Coterra - Enterprise Value to Operating Income Before Depreciation Ratio|PR: EV/EBITDA Multiple|OVV - Total Company Value to Operating Income Before Depreciation Ratio|Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization YPF Sociedad Anonima|Company Value to EBITDA anteroresources.com AR|Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization HF Sinclair (DINO)|Apache Corporation - Enterprise Value to Operating Income Before Depreciation|EV/EBITDA Multiple RRC (Range Resources Corp.)|NFG - Enterprise Value to EBITDA Ratio|Chord Energy - EV/EBITDA Multiple|MTDR - EV/EBITDA Multiple|Comstock Resources (CRK) - Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization|Enterprise Value to Operating Income Before Depreciation CRC|MGY (Magnolia Oil & Gas Inc.) - EV/EBITDA Multiple|EV/EBITDA Multiple CNX Resources Corp|EV/EBITDA Multiple UGP|sasol.com - Enterprise Value to Operating Income Before Depreciation|EV/EBITDA Multiple LB (LandBridge)|Total Company Value to Operating Income Before Depreciation Ratio Murphy Oil Corp (MUR)|PBF Logistics - EV/EBITDA Multiple|VIST - EV/EBITDA Multiple|CVR Energy, Inc. (CVI) - Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization|Enterprise Value to Operating Income Before Depreciation SM|Enterprise Value to EBITDA Ratio GPOR|CIVI: Business Value to Operating Income Before Depreciation|Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization Excelerate (EE)|Sable Offshore Energy - Enterprise Value to Operating Income Before Depreciation|EV/EBITDA Multiple CRGY (Crescent Energy Company)|EV/EBITDA Multiple baytexenergy.com BTE|DK: Enterprise Value to EBITDA Ratio|BKV Corporation - Enterprise Value to Operating Income Before Depreciation Ratio|PARR (Par Petroleum) - Enterprise Value to EBITDA Ratio|NextDecade Corp. (NEXT) - EV/EBITDA Multiple|Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization Talos Energy Inc.|KRP: Business Value to Operating Income Before Depreciation|EV/EBITDA Multiple MNR|EV/EBITDA Multiple Atlas Energy Solutions Inc (AESI)|Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization Vermilion Corp VET|Diversified Gas & Oil - Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization|HPK: Enterprise Value to EBITDA Ratio|Business Value to Operating Income Before Depreciation KOS (kosmosenergy.com)|Vital Energy (VTLE) - Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization|Riley Exploration Permian Inc - Business Value to Operating Income Before Depreciation|EGY (VAALCO Corp) - EV/EBITDA Multiple|Company Value to EBITDA SandRidge SD|Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization Obsidian Energy Ltd. (OBE)|Total Company Value to Operating Income Before Depreciation Ratio tamboran.com|Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization Greenfire Resources GFR|GeoPark Ltd (GPRK) - Company Value to EBITDA|BRY: Enterprise Value to EBITDA Ratio|PNRG - EV/EBITDA Multiple|wtoffshore.com (WTI) - Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization|Houston American Energy Corp. - Business Value to Operating Income Before Depreciation|REI (Ring Energy Inc) - EV/EBITDA Multiple|Enterprise Value to EBITDA Ratio Kolibri Global Energy Inc (KGEI)|EV/EBITDA Multiple EPM|AMPY - Company Value to EBITDA|Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization Gran Tierra Energy GTE|Total Company Value to Operating Income Before Depreciation Ratio Empire Petroleum Corp (EP)|Epsilon Energy - EV/EBITDA Multiple|Prairie Operating Co (PROP) - Enterprise Value to EBITDA Ratio|pedevco.com (PED) - Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization|Enterprise Value to Operating Income Before Depreciation NRT|Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization Indonesia Energy Corporation|USEG - Enterprise Value to EBITDA Multiple|Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization Battalion Oil Corporation (BATL)|MXC - Company Value to EBITDA|EV/EBITDA Multiple EONR (EON Resources Corp)|Total Company Value to Operating Income Before Depreciation Ratio Barnwell Industries Inc (BRN)|MARPS - Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization|TPET: Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization|PRB (Peak Resources LP) - Enterprise Value to EBITDA Ratio|stakindustry.com - Business Value to Operating Income Before Depreciation|AE (Adams Resources) - EV/EBITDA Multiple|EV/EBITDA Multiple Camber Energy, Inc|Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization Chesapeake Energy (CHK)|hess.com - Enterprise Value to Operating Income Before Depreciation|EV/EBITDA Multiple MRO (Marathon Oil)|SBOW: Enterprise Value to Operating Income Before Depreciation|SWN: Enterprise Value to EBITDA Ratio|Business Value to Operating Income Before Depreciation TELL (Tellurian, Inc)|VRN: EV/EBITDA Multiple