Canadian Natural Resources (CNQ) Accumulated Expenses (2009 - 2026)
Canadian Natural Resources' Accumulated Expenses was $3.47 billion in the quarter ended Jun 30, 2026, up 14.7% from $3.02 billion a year earlier but down 5.9% from the prior quarter.
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Analysis
Canadian Natural Resources (CNQ) Accumulated Expenses (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Accumulated Expenses at Canadian Natural Resources came in at $3.05 billion, down 7.9% from the prior year.
- Accumulated Expenses shows a five-year compound annual growth rate of 11.7% (years ended Dec 2020 to Dec 2025).
- In earlier years, Accumulated Expenses was $3.31 billion in the year ended Dec 31, 2024 (+26.2%), $2.62 billion in the year ended Dec 31, 2023 (-19.1%), $3.24 billion in the year ended Dec 31, 2022 (+32.4%) and $2.44 billion in the year ended Dec 31, 2021 (+39.6%).
- Quarterly Accumulated Expenses has moved between $2.27 billion (the quarter ended Sep 30, 2021) and $3.68 billion (the quarter ended Mar 31, 2026) over five years.
- Compared with a year earlier, Accumulated Expenses was higher in five of the last eight quarters, with growth averaging 7.5%.
- The best year-over-year quarter for Accumulated Expenses over five years was the quarter ended Jun 30, 2022 (growth of 54.9%); the worst was the quarter ended Jun 30, 2023 (a decline of 21.1%).
- Per Business Quant data, CNQ's Accumulated Expenses in the three quarters before the quarter ended Jun 30, 2026 was $3.68 billion (quarter ended Mar 31, 2026), $3.05 billion (quarter ended Dec 31, 2025) and $3.02 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 687.32 Bn | 645.47 Bn | - |
| 2 | Chevron | 418.18 Bn | 385.22 Bn | 31.26 Bn |
| 3 | Shell | 292.40 Bn | 152.67 Bn | - |
| 4 | TotalEnergies SE | 193.61 Bn | 64.69 Bn | 31,614.00 |
| 5 | Eni Spa | 168.06 Bn | 107.69 Bn | - |
| 6 | Conocophillips | 165.76 Bn | 138.47 Bn | 12.81 Bn |
| 7 | Equinor Asa | 108.93 Bn | 21.78 Bn | 4.49 Bn |
| 8 | Canadian Natural Resources | 102.02 Bn | 95.92 Bn | 9.35 Bn |
| 9 | Phillips 66 | 98.04 Bn | 81.82 Bn | 10.69 Bn |
| 10 | Suncor Energy | 84.22 Bn | 64.91 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.95 Bn |
| Jun 30, 2026 | 3.37 Bn |
| Mar 31, 2026 | 3.63 Bn |
| Dec 31, 2025 | 3.11 Bn |
| Sep 30, 2025 | 2.99 Bn |
| Jun 30, 2025 | 3.06 Bn |
| Mar 31, 2025 | 3.07 Bn |
| Dec 31, 2024 | 3.15 Bn |
| Sep 30, 2024 | 2.76 Bn |
| Jun 30, 2024 | 3.04 Bn |
| Mar 31, 2024 | 2.88 Bn |
| Dec 31, 2023 | 2.67 Bn |
| Sep 30, 2023 | 2.99 Bn |
| Jun 30, 2023 | 2.91 Bn |
| Mar 31, 2023 | 2.82 Bn |
| Dec 31, 2022 | 3.11 Bn |
| Sep 30, 2022 | 2.88 Bn |
| Jun 30, 2022 | 3.60 Bn |
| Mar 31, 2022 | 3.25 Bn |
| Dec 31, 2021 | 2.40 Bn |
API Access
Canadian Natural Resources Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "CNQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();