Natural Resources Canada is a governmental department that focuses on natural resource management and policy in Canada.

Natural Resources Canada

Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores for, and produces crude oil, natural gas, synthetic oil, and bitumen. As of December 31, 2021, this segment had 386 million oil-equivalent barrels of proved undeveloped reserves. The Downstream segment is involved in the transportation and refining of crude oil, blending of refined products and the distribution, and marketing of refined products. It also transports crude oil to refineries by contracted pipelines, common carrier pipelines, and rail; maintains a distribution system to move petroleum products to market by pipeline, tanker, rail, and road transport; and owns and operates fuel terminals, natural gas liquids, and products pipelines in Alberta, Manitoba, and Ontario. In addition, this segment markets and supplies petroleum products to motoring public through approximately 2,400 Esso and Mobil-branded sites. Further, it sells petroleum products, including fuel, asphalt, and lubricants for industrial and transportation customers, independent marketers, and resellers, as well as other refiners serving the agriculture, residential heating, and commercial markets through branded fuel and lubricant resellers. The Chemical segment manufactures and markets various petrochemicals, benzene, aromatic and aliphatic solvents, plasticizer intermediates, and polyethylene resin. Imperial Oil Limited has a strategic agreement with E3 Metals Corp. to advance a lithium-extraction pilot in Alberta. The company was incorporated in 1880 and is headquartered in Calgary, Canada. Imperial Oil Limited is a subsidiary of Exxon Mobil Corporation.

Imperial Oil Limited

Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States, and the Asia Pacific region. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Retail segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segments Foster Creek, Christina Lake, Sunrise, and Tucker oil sands projects, as well as Lloydminster thermal and conventional heavy oil assets The Conventional segment holds assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in the exploration and development activities. The Canadian Manufacturing segment includes the owned and operated Lloydminster upgrading and asphalt refining complex, which upgrades heavy oil and bitumen into synthetic crude oil, diesel fuel, asphalt, and other ancillary products, as well as owns and operates the Bruderheim crude-by-rail terminal and two ethanol plants. The U.S. Manufacturing segment comprises the refining of crude oil to produce diesel, gasoline, jet fuel, asphalt, and other products. The Retail segment consists of marketing of its own and third-party refined petroleum products through retail, commercial, and bulk petroleum outlets, as well as wholesale channels. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.

Cenovus Energy Inc.

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers synthetic crude oil (SCO), light and medium crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake heavy crude oil. Its midstream and refining assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2020, the company had total proved crude oil, bitumen, and NGLs reserves were 10,528 million barrels (MMbbl); total proved plus probable crude oil, bitumen, and NGLs reserves were 13,271 MMbbl; proved SCO reserves were 6,998 MMbbl; total proved plus probable SCO reserves were 7,535 MMbbl; proved natural gas reserves were 12,168 billion cubic feet (Bcf); and total proved plus probable natural gas reserves were 20,249 Bcf. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.

Metric
Company Name	Natural Resources Canada	Imperial Oil Limited	Cenovus Energy Inc.	Canadian Natural Resources Limited
Symbol		IMO	CVE	CNQ
MSH ID	CA:CANADA:NATURAL-RESOURCES	CA:IMPERIALOIL	COM:CENOVUS	COM:CNRL
Market	PRIVATE	STOCKS	STOCKS	STOCKS
Sector	Public & Social Sector	Energy	Energy	Energy
Industry	Government	Oil & Gas Integrated	Oil & Gas Integrated	Oil & Gas Exploration & Production
Country	CA	CA	CA	CA
Stage
Employee Count		5.30K	6.92K	10.27K
Website	natural-resources.canada.ca	imperialoil.ca	cenovus.com	cnrl.com
LinkedIn			cenovus-energy
Founders

Metric
Market Cap	35.67B	35.21B	74.08B
Enterprise Value
Monthly Web Traffic	24.55K	57.61K
Web Traffic Growth	-0.37	0.16
Valuation
Raised Capital

Metric
Revenue	48.66B	36.93B	25.44B
Revenue (LTM)
Revenue (NTM)
Gross Profit	11.16B	4.36B	8.07B
EBITDA	7.90B	7.26B	12.20B
Operating Income	6.08B	3.87B	7.40B
Net Income	4.67B	2.91B	5.82B
EPS	8.12	1.52	5.33
Diluted EPS	8.11	1.50	5.28
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.23	0.21	0.31
Operating Profit Margin	0.72	0.12	0.28
EBITDA Margin	0.16	0.20	0.48
Net Profit Margin	0.11	0.08	0.21
Return on Equity	0.25	0.16	0.21
Return on Assets	0.14	0.09	0.11
Return on Capital Employed	1.16	0.14	0.16

CA:CANADA:NATURAL-RESOURCES

Natural Resources Canada

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	8.42	9.73	12.47
P/B Ratio	1.86	1.40	2.24
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	1.16	0.98	2.96
EV Multiple	6.41	4.36	6.18

Metric
Days Sales Outstanding	38.06	30.22	37.45
Days Payables Outstanding	84.79	53.87	14.62
Days Inventory Outstanding	26.14	37.21	33.88
Operating Cycle	69.47	63.72	68.40
Cash Conversion Cycle	12.80	15.07	47.99
Asset Turnover	1.36	1.02	0.52

Metric
Operating Cash Flow	3.57B	5.23B	8.74B
Free Cash Flow	1.86B	2.19B	5.27B
Cash Flow to Debt	1.74	1.35	1.46
Operating Cash Flow/Sales	0.13	0.18	0.40
Free Cash Flow Yield	0.08	0.07	0.08

Metric
Cash & Equivalents	611.18M	1.58B	620.37M
Accounts Receivable	167.65M
Inventory	2.09B	2.85B	1.44B
Goodwill	117.43M	2.07B
Debt to Capitalization	0.16	0.21	0.22
Debt to Assets	0.10	0.18	0.15
Current Ratio	1.38	1.49	0.91
Quick Ratio	1.03	1.01	0.62

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue		-0.03	0.02
R&D to Revenue
SG&A to Revenue	0.01	0.02	0.03