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Canadian Natural Resources Limited (CNQ $41.71)
- $41.71 P/E (TTM): 11.71X Cap: $87.31B
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Q: Thanks a lot for the very informative reply to my earlier question on CNQ.
While reading your reply, I was wondering what fraction of its debt is subject to interest rates determined in Canada vs the US rates. Or do you think it is immaterial.
Thanks again.

Asked by TOM on March 13, 2025

5i Research Answer:

91% of CNQ's net debt is denominated in US dollars. The majority is at fixed rates (i.e. not...

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