Canadian Natural Resources (CNQ) Change in Taxes (2012 - 2025)
Canadian Natural Resources' (CNQ) quarterly Change in Taxes came in at $1.7 billion in Q4 2025, up 24.18% year-on-year from $1.4 billion in Q4 2024, and up 24.18% quarter-over-quarter from $1.4 billion in Q4 2024.
Canadian Natural Resources (CNQ) Change in Taxes (2012 - 2025) Analysis & Trends
Canadian Natural Resources has disclosed Change in Taxes across 13 years of filings, most recently posting $1.7 billion for Q4 2025.
- Change in Taxes for Q4 2025 came in at $1.7 billion, up 24.18% year-over-year; the trailing twelve-month figure through Dec 2025 was $6.6 billion (down 0.7% YoY), and the FY2025 annual result was $1.7 billion, up 21.47% from the prior year.
- Change in Taxes came in at $1.7 billion for Q4 2025 at Canadian Natural Resources, up from $1.4 billion in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $2.0 billion in Q4 2022 to a low of -$8.7 million in Q3 2021.
- The 5-year median for Change in Taxes is $1.6 billion (2025), against an average of $1.4 billion.
- Across the five-year window, Change in Taxes jumped 630.59% in 2021 and sank 30.38% in 2023, its largest moves.
- Canadian Natural Resources' Change in Taxes stood at $1.8 billion in 2021, then grew by 14.35% to $2.0 billion in 2022, then tumbled by 30.38% to $1.4 billion in 2023, then declined by 1.48% to $1.4 billion in 2024, then advanced by 24.18% to $1.7 billion in 2025.
- The last three Change in Taxes figures came in at $1.7 billion (Q4 2025), $1.4 billion (Q4 2024), and $1.4 billion (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | - |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 467.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 35.00 Mn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 287.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | - |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | - |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | - |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.74 Bn |
| Dec 31, 2025 | 1.74 Bn |
| Dec 31, 2024 | 1.40 Bn |
| Dec 31, 2024 | 1.40 Bn |
| Dec 31, 2023 | 1.42 Bn |
| Dec 31, 2023 | 1.42 Bn |
| Dec 31, 2022 | 2.04 Bn |
| Dec 31, 2022 | 2.04 Bn |
| Dec 31, 2021 | 1.78 Bn |
| Dec 31, 2021 | 1.78 Bn |
| Sep 30, 2021 | -8.74 Mn |
| Sep 30, 2021 | -8.74 Mn |
| Dec 31, 2020 | -335.97 Mn |
| Dec 31, 2020 | -335.97 Mn |
| Sep 30, 2020 | -75.79 Mn |
| Sep 30, 2020 | -75.79 Mn |
| Sep 30, 2018 | -90.27 Mn |
| Sep 30, 2018 | -90.27 Mn |
| Jun 30, 2018 | -10.85 Mn |
| Jun 30, 2018 | -10.85 Mn |