Canadian Natural Resources (TSX:CNQ) 3-Year Book Growth Rate : 10.70% (As of Dec. 2023)

View and export this data going back to 1976. Start your Free Trial

What is Canadian Natural Resources 3-Year Book Growth Rate?

Canadian Natural Resources's Book Value per Share for the quarter that ended in Dec. 2023 was C$37.14.

During the past 12 months, Canadian Natural Resources's average Book Value per Share Growth Rate was 7.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was 10.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was 6.80% per year. During the past 10 years, the average Book Value per Share Growth Rate was 4.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Canadian Natural Resources was 111.70% per year. The lowest was -0.70% per year. And the median was 12.75% per year.

Competitive Comparison of Canadian Natural Resources's 3-Year Book Growth Rate

For the Oil & Gas E&P subindustry, Canadian Natural Resources's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canadian Natural Resources's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Canadian Natural Resources's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Canadian Natural Resources's 3-Year Book Growth Rate falls into.

Canadian Natural Resources 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Canadian Natural Resources (TSX:CNQ) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Canadian Natural Resources 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Canadian Natural Resources's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Canadian Natural Resources (TSX:CNQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Canadian Natural Resources Ltd (TSX:CNQ) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

CNQ:USA CRC:Germany CRC:Germany

Address

855 - 2nd Street South West, Suite 2100, Calgary, AB, CAN, T2P 4J8

Website

https://www.cnrl.com

Canadian Natural Resources Ltd is an independent crude oil and natural gas exploration, development, and production company. The Company's exploration and production operations are focused in North America, largely in Western Canada; the United Kingdom (UK) portion of the North Sea, and Cote d'Ivoire and South Africa in Offshore Africa. The Company's exploration and production activities are conducted in three geographic segments: North America, the North Sea, and Offshore Africa. These activities include the exploration, development, production, and marketing of crude oil, natural gas liquids, and natural gas. The company has two divisions; Oil Sands Mining and Upgrading Midstream and Refining. It derives a majority of its revenue from North America.

Executives