CANADIAN NATURAL RESOURCES LTD【CNQ】

Market cap

$102.6B

P/E ratio

	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Product sales	17,669	22,282	-	17,491	32,854	49,530	40,835	41,509
Less: royalties	1,018	1,255	-	598	2,797	7,232	4,867	5,853
Revenue	16,651	21,027	-	16,893	30,057	42,298	35,968	35,656
Production	5,596	6,464	-	6,280	7,152	8,712	8,480	8,093
Transportation, blending and feedstock	2,917	4,189	-	4,498	6,604	9,973	9,302	9,984
Depreciation and amortisation expense	5,186	5,161	-	6,046	5,724	7,353	6,413	6,681
Administration	319	325	-	391	366	415	452	503
Share-based compensation	134	-146	-	-82	514	804	491	279
Asset retirement obligation accretion	164	186	-	205	185	281	366	389
Interest and other financing expense	-631	-739	-	-756	-711	-549	-636	-592
Risk management loss (gain)	-35	134	-	7	-36	35	2	-177
Foreign exchange loss (gain)	787	-827	-	275	127	-738	279	-955
Gain from investments	38	-346	-	-171	141	196	56	56
Total expenses	13,778	17,505	-	17,766	20,146	28,594	25,803	27,597
Earnings before taxes	2,873	3,522	-	-873	9,911	13,704	10,165	8,059
Current income tax expense	-164	374	-	-257	1,848	2,906	1,879	1,531
Deferred tax expense (income)	640	557	-	-181	399	-139	53	422
Net earnings	2,397	2,591	5,416	-435	7,664	10,937	8,233	6,106
Basic earnings (loss) per share	2.04	2.13	-	-0.37	6.49	9.64	7.54	2.87
Diluted earnings (loss) per share	2.03	2.12	-	-0.37	6.46	9.52	7.47	2.85