Canadian Natural Resources CNQ
NYSE CNQ
$51.40 +0.37 (+0.73%)
At close: Aug 21, 2026 · 4:00 PM EDT

Canadian Natural Resources (CNQ) Asset Writedowns and Impairment (2013 - 2020)

Canadian Natural Resources (CNQ) posted Asset Writedowns and Impairment of $2.3 million for Q3 2020, down 98.87% sequentially from $199.9 million in Q1 2020, and down 95.63% YoY from $51.5 million in Q4 2019.

Canadian Natural Resources (CNQ) Asset Writedowns and Impairment (2013 - 2020) Analysis & Trends

Canadian Natural Resources has reported Asset Writedowns and Impairment for 7 years, with the latest figure at $2.3 million in Q3 2020.

  • Quarterly Asset Writedowns and Impairment fell 95.63% year-over-year to $2.3 million in Q3 2020, while the trailing twelve-month figure through Sep 2020 was $367.3 million (up 59.57% YoY) and the FY2019 annual result came in at $241.9 million, down 16.23% from the prior year.
  • Asset Writedowns and Impairment declined to $2.3 million in Q3 2020 per CNQ's latest filing, from $199.9 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $199.9 million in Q1 2020 and troughed at $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.
  • The widest YoY moves for Asset Writedowns and Impairment: up 659.56% in 2020, down 95.63% in 2020.
  • Over 4 years, Asset Writedowns and Impairment stood at $72.5 million in 2017, then surged by 40.0% to $101.5 million in 2018, then advanced by 11.92% to $113.6 million in 2019, then sank by 98.02% to $2.3 million in 2020.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $2.3 million, $199.9 million, and $113.6 million for Q3 2020, Q1 2020, and Q4 2019 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Conocophillips 164.44 Bn 156.75 Bn 12.81 Bn
2 Canadian Natural Resources 106.98 Bn 105.09 Bn 10.66 Bn
3 Eog Resources 80.47 Bn 75.56 Bn -
4 Diamondback Energy 59.28 Bn 58.82 Bn 5.55 Bn
5 Woodside Energy 46.13 Bn 40.18 Bn 6.02 Bn
6 Devon Energy 46.12 Bn 45.11 Bn 6.02 Bn
7 Occidental Petroleum 39.25 Bn 35.10 Bn 7.73 Bn
8 Eqt 33.67 Bn 33.56 Bn 1.42 Bn
9 Texas Pacific Land 26.50 Bn 26.25 Bn -
10 Expand Energy 22.89 Bn 21.63 Bn 2.33 Bn

Historic Data

Download Data
DateValue
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