CNQ
StockCanadian Natural Resources Limited
One email when a drop — in price or in valuation — is historically rare for CNQ. Otherwise we stay quiet.
Nothing to see here.
Canadian Natural Resources Limited is at — or within a whisker of — its all-time high. Nothing to measure; go live your life, we're watching.
At All-Time High
Current Drawdown
0.0%
Days in Drawdown
0
Avg Max Drawdown
5.6%
Avg Length
74
Drawdown Severity Score™
0.0
CNQ - Price & High Water Mark
CNQ - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Valuation vs Its Own History
Data as of October 12, 2026 · updated daily
Where today's valuation sits within CNQ's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.
Price to Sales
Canadian Natural Resources Limited has been cheaper on this measure only about 73% of the time in 20 years of daily history.
Price to Sales history
EV to EBITDA
Canadian Natural Resources Limited has been cheaper on this measure only about 52% of the time in 20 years of daily history.
EV to EBITDA history · log scale
Canadian Natural Resources Limited (CNQ) Analysis: Current Drawdown Insights
Canadian Natural Resources Limited is currently at or near its all-time high. As of 2026-10-13, the stock is trading at $52.14, which matches its all-time high of $52.14. There is no current drawdown to report.
Based on its full tracked price history, Canadian Natural Resources Limited typically experiences drawdowns averaging 5.6% in depth, with an average duration of 74 days. Canadian Natural Resources Limited has gone through 122 total drawdown events in its tracked history. The largest drawdown on record for Canadian Natural Resources Limited was 81.5%, beginning in 2008. The longest drawdown duration on record was 4856 days.
The Drawdown Severity Score™ for Canadian Natural Resources Limited currently stands at 0.00. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. With the stock at all-time highs, there is no drawdown to measure.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Canadian Natural Resources Limited's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.
📜 Historical Drawdown Events
Showing the most recent and the deepest of 122 tracked pullbacks (62 listed). Each row shows when a drawdown started, how deep it went, and how long recovery took.
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-03-13 | 2026-03-16 | 4 days | -0.3% | $48.56 | $48.44 | $48.79 |
| 2026-03-09 | 2026-03-11 | 3 days | -1.3% | $46.31 | $45.72 | $47.26 |
| 2026-03-03 | 2026-03-05 | 3 days | -0.5% | $44.35 | $44.13 | $45.32 |
| 2026-02-25 | 2026-02-26 | 2 days | -0.0% | $42.59 | $42.57 | $43.09 |
| 2026-02-20 | 2026-02-24 | 5 days | -0.4% | $42.50 | $42.34 | $42.59 |
| 2026-02-17 | 2026-02-18 | 2 days | -0.2% | $40.68 | $40.59 | $41.66 |
| 2026-02-12 | 2026-02-13 | 1 day | -1.6% | $40.63 | $39.99 | $40.68 |
| 2026-02-10 | 2026-02-11 | 1 day | -0.2% | $39.17 | $39.10 | $40.63 |
| 2024-04-11 | 2026-02-06 | 667 days | -35.9% | $38.68 | $24.81 | $39.10 |
| 2024-04-08 | 2024-04-09 | 2 days | -0.4% | $38.14 | $37.97 | $38.43 |
| 2024-03-26 | 2024-03-28 | 3 days | -0.9% | $35.62 | $35.29 | $35.86 |
| 2024-03-22 | 2024-03-25 | 4 days | -0.2% | $34.90 | $34.82 | $35.62 |
| 2024-03-15 | 2024-03-20 | 6 days | -1.4% | $34.60 | $34.11 | $34.67 |
| 2024-03-12 | 2024-03-13 | 2 days | -0.1% | $33.54 | $33.50 | $34.37 |
| 2024-03-08 | 2024-03-11 | 3 days | -0.6% | $33.53 | $33.33 | $33.54 |
| 2024-03-04 | 2024-03-07 | 4 days | -2.1% | $33.51 | $32.79 | $33.53 |
| 2023-12-27 | 2024-02-29 | 65 days | -12.1% | $31.40 | $27.62 | $32.40 |
| 2023-11-03 | 2023-12-26 | 54 days | -8.7% | $31.21 | $28.49 | $31.40 |
| 2023-10-17 | 2023-11-02 | 17 days | -5.9% | $30.98 | $29.15 | $31.21 |
| 2023-09-29 | 2023-10-13 | 15 days | -9.0% | $30.38 | $27.65 | $30.67 |
| 2023-09-07 | 2023-09-27 | 21 days | -4.7% | $29.73 | $28.32 | $30.33 |
| 2022-04-21 | 2023-08-28 | 495 days | -31.6% | $28.34 | $19.39 | $28.37 |
| 2022-04-19 | 2022-04-20 | 2 days | -0.4% | $27.68 | $27.57 | $28.34 |
| 2022-04-11 | 2022-04-12 | 2 days | -2.8% | $26.48 | $25.73 | $26.56 |
| 2022-04-05 | 2022-04-08 | 4 days | -2.7% | $26.37 | $25.65 | $26.48 |
| 2022-03-28 | 2022-04-04 | 8 days | -2.7% | $26.25 | $25.53 | $26.37 |
| 2022-03-24 | 2022-03-25 | 2 days | -0.4% | $26.06 | $25.96 | $26.25 |
| 2022-03-22 | 2022-03-23 | 2 days | -1.3% | $25.78 | $25.43 | $26.06 |
| 2022-03-18 | 2022-03-21 | 4 days | -0.9% | $25.26 | $25.03 | $25.78 |
| 2022-03-14 | 2022-03-17 | 4 days | -5.1% | $24.83 | $23.58 | $25.26 |
| 2022-03-09 | 2022-03-10 | 2 days | -3.0% | $24.35 | $23.62 | $24.56 |
| 2022-03-03 | 2022-03-04 | 2 days | -0.8% | $23.50 | $23.31 | $24.05 |
| 2022-02-17 | 2022-02-25 | 9 days | -4.1% | $22.05 | $21.15 | $22.33 |
| 2022-02-07 | 2022-02-16 | 10 days | -5.6% | $21.85 | $20.63 | $22.05 |
| 2022-01-20 | 2022-02-04 | 16 days | -7.1% | $21.64 | $20.10 | $21.85 |
| 2022-01-10 | 2022-01-11 | 2 days | -0.5% | $19.29 | $19.19 | $19.68 |
| 2021-11-10 | 2022-01-05 | 57 days | -10.5% | $17.59 | $15.75 | $17.68 |
| 2021-11-08 | 2021-11-09 | 2 days | -0.0% | $17.58 | $17.57 | $17.59 |
| 2021-11-02 | 2021-11-05 | 4 days | -2.2% | $17.44 | $17.07 | $17.58 |
| 2021-10-29 | 2021-11-01 | 4 days | -1.0% | $17.32 | $17.15 | $17.44 |
| 2021-10-21 | 2021-10-28 | 8 days | -2.7% | $17.27 | $16.81 | $17.32 |
| 2021-10-12 | 2021-10-13 | 2 days | -0.4% | $16.22 | $16.15 | $16.23 |
| 2021-10-06 | 2021-10-08 | 3 days | -1.9% | $15.75 | $15.46 | $16.04 |
| 2008-06-19 | 2021-10-04 | 4856 days | -81.5% | $15.14 | $2.80 | $15.38 |
| 2008-05-21 | 2008-06-18 | 29 days | -10.0% | $14.96 | $13.47 | $15.14 |
| 2008-05-14 | 2008-05-15 | 2 days | -0.0% | $13.66 | $13.66 | $13.82 |
| 2008-05-09 | 2008-05-12 | 4 days | -0.6% | $13.31 | $13.23 | $13.53 |
| 2008-05-07 | 2008-05-08 | 2 days | -0.9% | $12.91 | $12.80 | $13.31 |
| 2008-04-22 | 2008-05-06 | 15 days | -6.7% | $12.31 | $11.49 | $12.91 |
| 2007-11-07 | 2008-04-21 | 166 days | -29.8% | $11.93 | $8.38 | $12.31 |
| 2007-07-20 | 2007-09-13 | 56 days | -16.4% | $10.39 | $8.68 | $10.52 |
| 2006-02-07 | 2007-05-07 | 454 days | -34.5% | $8.96 | $5.86 | $9.05 |
| 2005-12-15 | 2006-01-17 | 34 days | -10.7% | $7.50 | $6.70 | $7.69 |
| 2005-09-02 | 2005-12-12 | 102 days | -25.5% | $7.05 | $5.25 | $7.07 |
| 2005-08-15 | 2005-08-31 | 17 days | -13.0% | $6.74 | $5.86 | $6.84 |
| 2005-03-07 | 2005-06-03 | 88 days | -17.7% | $4.17 | $3.44 | $4.22 |
| 2004-10-25 | 2005-01-27 | 95 days | -14.7% | $3.04 | $2.59 | $3.10 |
| 2004-08-03 | 2004-09-15 | 44 days | -10.4% | $2.37 | $2.12 | $2.41 |
| 2004-04-16 | 2004-06-24 | 70 days | -14.0% | $2.07 | $1.78 | $2.08 |
| 2004-01-06 | 2004-03-01 | 56 days | -12.4% | $1.89 | $1.65 | $1.91 |
| 2003-06-12 | 2003-10-02 | 113 days | -11.4% | $1.43 | $1.27 | $1.43 |
| 2000-09-18 | 2003-05-06 | 961 days | -36.9% | $1.22 | $0.77 | $1.23 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
Know the Moment Severity Changes
See 9 real alerts from the past 5 years with actual returns
Average gain: +1067% • Real alerts • Real results
Monitor 3 stocks free · No credit card required
Or explore current drawdowns:
Canadian Natural Resources Limited (CNQ) is trading at $52.14 as of Oct 13, 2026. It is at its high of $52.14. The drawdown has lasted 0 days. Severity score: 0.0 (At All-Time High).
CNQ Price History and Drawdown Data
Latest price
$52.14
High-water mark
$52.14
Current drawdown
0.0%
Days in drawdown
0
This CNQ page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Canadian Natural Resources Limited drawdowns.
What History Says About CNQ
Canadian Natural Resources Limited has dropped 15%+ from its high 9 times in its tracked history. These events lasted an average of 872 days with an average max drop of -34.4%.
| Period | Max Drop | Duration |
|---|---|---|
| Jun 2008 to Oct 2021 | -81.5% | 4856 days |
| Sep 2000 to May 2003 | -36.9% | 961 days |
| Apr 2024 to Feb 2026 | -35.9% | 667 days |
| Feb 2006 to May 2007 | -34.5% | 454 days |
| Apr 2022 to Aug 2023 | -31.6% | 495 days |
| Nov 2007 to Apr 2008 | -29.8% | 166 days |
Track CNQ in a weekly digest
Get one weekly drawdown digest and a reminder to build a watchlist for tickers like Canadian Natural Resources Limited. No per-article blasts.
Related Articles
CNQ Climbs Back After Its Drawdown: The Data Recap
Aug 7, 2026 · 5 min read
Canadian Natural Resources Limited Recovery Update: Drawdown
Jul 29, 2026 · 5 min read
CNQ Recovers: How This Drawdown Compares to Its Past
Jul 23, 2026 · 5 min read
CNQ's 13% Pullback: Historical Context
Jun 15, 2026 · 5 min read
Learn More About Drawdowns
What is a Drawdown?
Definition, formula, and real examples
Biggest Drawdowns Ranked
How this asset's decline compares with the deepest in the tracked record
S&P 500 Drawdown History
Every major index decline with depth, duration, and recovery
Understanding Severity Scores
How our scoring compares to maximum drawdown
Our Methodology
Technical details behind the data
The Drawdown Severity Score
Our proprietary scoring algorithm explained
Latest Analysis
Blog posts and market commentary
Signal of the Day
A daily drawdown signal from the full market database
Explore All Tickers
Browse stocks, ETFs, and crypto drawdowns