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Toronto Stock Exchange · Energy

Invest in Canadian Natural Resources stock from India

Indian and foreign residents can buy Canadian Natural Resources (CNQ) shares directly through Paasa.

By Paasa · Updated

Canadian Natural Resources at a glance

Price
CA$66.91-CA$0.47 (0.70%)
Market cap
CA$139.55B
Day range
CA$66.05 – CA$67.38
P/E
11.82
Dividend yield
3.68%
Volume
9.52M
1 month
-1.81%
6 months
-3.67%
YTD
+43.92%
1 year
+48.59%
5 years
+195.02%

Live chart and statistics

Canadian Natural Resources statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueCA$38.8BCA$41.5BCA$40.8BCA$49.5BCA$32.9B
Gross profitCA$9.0BCA$10.9BCA$11.8BCA$16.3BCA$10.6B
Operating incomeCA$8.2BCA$9.7BCA$10.5BCA$14.8BCA$9.5B
Net incomeCA$10.8BCA$6.1BCA$8.2BCA$10.9BCA$7.7B
Earnings per shareCA$5.17CA$2.87CA$3.77CA$4.82CA$3.24
EBITDACA$23.8BCA$15.4BCA$17.3BCA$21.7BCA$16.4B
Total assetsCA$91.8BCA$85.4BCA$76.0BCA$76.1BCA$76.7B
Total debtCA$19.7BCA$20.3BCA$12.4BCA$13.0BCA$16.3B
Cash and short-term investmentsCA$673.0MCA$131.0MCA$1.4BCA$1.4BCA$1.1B
Shareholders' equityCA$44.4BCA$39.5BCA$39.8BCA$38.2BCA$36.9B
Operating cash flowCA$15.1BCA$13.4BCA$12.4BCA$19.4BCA$14.5B
Free cash flowCA$8.4BCA$8.0BCA$7.4BCA$14.3BCA$10.0B
Capital expenditure−CA$6.7B−CA$5.4B−CA$4.9B−CA$5.1B−CA$4.5B

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CAD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
EnbridgeENB.TOCA$66.21CA$144.58B
Suncor EnergySU.TOCA$95.82CA$113.14B
TC EnergyTRP.TOCA$82.70CA$86.15B
Imperial OilIMO.TOCA$173.02CA$83.67B
Cenovus EnergyCVE.TOCA$43.99CA$81.13B
Tourmaline OilTOU.TOCA$59.81CA$23.22B
Whitecap ResourcesWCP.TOCA$17.51CA$21.26B
ARC ResourcesARX.TOCA$33.91CA$19.21B

Peers as grouped by the data provider. This is not an investment recommendation.

Analyst price targets

Low
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High
—
Median
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Consensus
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Ratings: 28 buy · 9 hold · 0 sell. Consensus: Buy.

Published sell-side 12-month targets in CAD, aggregated by the data provider. They are not Paasa's view and not a forecast.

How to invest in Canadian Natural Resources from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.

  3. Step 3

    Search CNQ and buy

    Find Canadian Natural Resources by name or by its ticker, CNQ, and place your order.

Why invest in Canadian Natural Resources from India

What Canadian Natural Resources does

Canadian Natural Resources Limited (CNRL) is an integrated energy company involved in the entire lifecycle of hydrocarbon resources, from acquisition and exploration to development, production, marketing, and sales. The firm's product portfolio includes various grades of crude oil, such as synthetic crude oil (SCO), light, medium, and heavy crude oils (including bitumen or thermal oil, and Pelican Lake heavy crude), along with natural gas and natural gas liquids (NGLs). Canadian Natural Resources operates in the Oil & Gas Exploration & Production industry within the Energy sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Canadian Natural Resources stock from India?

Yes. Indian residents and NRIs can buy Canadian Natural Resources (CNQ) shares directly through Paasa. Canadian Natural Resources is listed on the Toronto Stock Exchange, in the Oil & Gas Exploration & Production industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

What tax do I pay in India when I sell Canadian Natural Resources shares?

In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

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