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Canadian Natural Resources (TSX:CNQ) Earnings per Share (Diluted) : C$6.77 (TTM As of Mar. 2024)


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What is Canadian Natural Resources Earnings per Share (Diluted)?

Canadian Natural Resources's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was C$0.91. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was C$6.77.

Canadian Natural Resources's EPS (Basic) for the three months ended in Mar. 2024 was C$0.92. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2024 was C$6.84.

Canadian Natural Resources's EPS without NRI for the three months ended in Mar. 2024 was C$1.37. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was C$7.44.

During the past 12 months, Canadian Natural Resources's average EPS without NRIGrowth Rate was -25.60% per year.

During the past 13 years, Canadian Natural Resources's highest 3-Year average EPS without NRI Growth Rate was 199.90% per year. The lowest was -45.30% per year. And the median was 28.95% per year.


Canadian Natural Resources Earnings per Share (Diluted) Historical Data

The historical data trend for Canadian Natural Resources's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canadian Natural Resources Earnings per Share (Diluted) Chart

Canadian Natural Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.54 -0.37 6.46 9.52 7.47

Canadian Natural Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.62 1.32 2.13 2.41 0.91

Competitive Comparison of Canadian Natural Resources's Earnings per Share (Diluted)

For the Oil & Gas E&P subindustry, Canadian Natural Resources's PE Ratio, along with its competitors' market caps and PE Ratio 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 PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Canadian Natural Resources's PE Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Natural Resources's PE Ratio falls into.



Canadian Natural Resources Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Canadian Natural Resources's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(8233-0)/1102.124
=7.47

Canadian Natural Resources's Earnings Per Share (Diluted) for the quarter that ended in Mar. 2024 is calculated as

Diluted Earnings Per Share (Q: Mar. 2024 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(987-0)/1079.642
=0.91

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$6.77

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.


Canadian Natural Resources  (TSX:CNQ) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Canadian Natural Resources Earnings per Share (Diluted) Related Terms

Thank you for viewing the detailed overview of Canadian Natural Resources's Earnings per Share (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian Natural Resources (TSX:CNQ) Business Description

Traded in Other Exchanges
Address
855 - 2nd Street South West, Suite 2100, Calgary, AB, CAN, T2P 4J8
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
Devin Craig Lowe Senior Officer
Warren Paul Raczynski Senior Officer
Timothy Shawn Mckay Senior Officer