CANADIAN NATURAL RESOURCES LTD (CNQ) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
CNQ currently has 2.1B outstanding shares. with minimal authorized share overhang for future dilution. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Aug 29, 2025 |
F-10 filing: This F-10 filing from Canadian Natural Resources Limited relates to the offering of debt securities. |
2.1B | 0 |
| Mar 26, 2025 |
40-F filing | 2103.0M shares outstanding |
2.1B | 0 |
| Mar 20, 2024 |
40-F filing | 1072.4M shares outstanding |
1.1B | 110M |
| Jul 27, 2023 |
F-10 filing: This is an F-10 filing for the offering of debt securities. |
1.1B | 81M |
| Mar 23, 2023 |
40-F filing | 1102.6M shares outstanding |
1.1B | 81M |
| Mar 23, 2022 |
40-F filing | 1168.4M shares outstanding |
1.2B | 15M |
| Jul 23, 2021 |
F-10 filing: Canadian Natural Resources Limited may offer for sale from time to time debt securities in the aggregate principal amount of up to US$3,000,000,000 during the 25 month period that this prospectus remains valid. |
1.2B | 0 |
| Mar 24, 2021 |
40-F filing | 1183.9M shares outstanding |
1.2B | 0 |
| Mar 27, 2020 |
40-F filing | 1186.9M shares outstanding |
1.2B | 0 |