Canadian Natural Resources (CNQ) Asset Writedowns and Impairment (2009 - 2020)
Canadian Natural Resources (CNQ) reported Asset Writedowns and Impairment of $2.3 million for Q3 2020, down 95.63% on a YoY basis from $51.5 million in Q4 2019, and down 98.87% sequentially from $199.9 million in Q1 2020.
Canadian Natural Resources (CNQ) Asset Writedowns and Impairment (2009 - 2020) Analysis & Trends
Canadian Natural Resources (CNQ) has 9 years of Asset Writedowns and Impairment data on file, last reported at $2.3 million in Q3 2020.
- For the quarter ending Q3 2020, Asset Writedowns and Impairment fell 95.63% year-over-year to $2.3 million; the trailing twelve-month figure through Sep 2020 stood at $367.3 million (up 59.57% YoY), and the FY2019 full-year result was $241.9 million, down 16.23% from the prior year.
- Asset Writedowns and Impairment declined to $2.3 million in Q3 2020, from $199.9 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $199.9 million in Q1 2020 to a low of $2.3 million in Q3 2020.
- A 4-year average of $73.2 million and a median of $68.1 million in 2018 frame the typical range for Asset Writedowns and Impairment.
- Peak annual rise in Asset Writedowns and Impairment reached 659.56% in 2020, while the deepest fall reached 95.63% in 2020.
- Tracing CNQ's Asset Writedowns and Impairment over 4 years: stood at $72.5 million in 2017, then surged by 40.0% to $101.5 million in 2018, then increased by 11.92% to $113.6 million in 2019, then slumped by 98.02% to $2.3 million in 2020.
- Business Quant data shows CNQ's Asset Writedowns and Impairment at $2.3 million in Q3 2020, $199.9 million in Q1 2020, and $113.6 million in Q4 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn |
| 10 | Canadian Natural Resources | 13.17 Bn | 12.58 Bn | 6.72 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2020 | 2.25 Mn |
| Sep 30, 2020 | 2.25 Mn |
| Mar 31, 2020 | 199.90 Mn |
| Mar 31, 2020 | 199.90 Mn |
| Dec 31, 2019 | 113.62 Mn |
| Dec 31, 2019 | 113.62 Mn |
| Sep 30, 2019 | 51.52 Mn |
| Sep 30, 2019 | 51.52 Mn |
| Jun 30, 2019 | 50.82 Mn |
| Jun 30, 2019 | 50.82 Mn |
| Mar 31, 2019 | 26.32 Mn |
| Mar 31, 2019 | 26.32 Mn |
| Dec 31, 2018 | 101.52 Mn |
| Dec 31, 2018 | 101.52 Mn |
| Sep 30, 2018 | 68.08 Mn |
| Sep 30, 2018 | 68.08 Mn |
| Jun 30, 2018 | 29.46 Mn |
| Jun 30, 2018 | 29.46 Mn |
| Mar 31, 2018 | 89.41 Mn |
| Mar 31, 2018 | 89.41 Mn |