Canadian Natural Resources (CNQ) Change in Taxes (2009 - 2026)
Canadian Natural Resources (CNQ) reported Change in Taxes of $483.5 million for Q1 2026, up 1.27% on a YoY basis from $477.4 million in Q1 2025, and down 72.15% sequentially from $1.7 billion in Q4 2025.
Canadian Natural Resources (CNQ) Change in Taxes (2009 - 2026) Analysis & Trends
Canadian Natural Resources (CNQ) has 18 years of Change in Taxes data on file, last reported at $483.5 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Taxes rose 1.27% year-over-year to $483.5 million; the trailing twelve-month figure through Mar 2026 stood at $2.6 billion (up 6.56% YoY), and the FY2025 full-year result was $1.2 billion, up 47.5% from the prior year.
- Change in Taxes slipped to $483.5 million in Q1 2026, from $1.7 billion in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $1.7 billion in Q4 2025 to a low of $146.9 million in Q1 2024.
- A 5-year average of $638.7 million and a median of $423.6 million in 2022 frame the typical range for Change in Taxes.
- Across the five-year window, Change in Taxes surged 2837.6% in 2022 and tumbled 87.23% in 2024, its largest moves.
- Tracing CNQ's Change in Taxes over 5 years: stood at $423.6 million in 2022, then soared by 235.01% to $1.4 billion in 2023, then dropped by 1.48% to $1.4 billion in 2024, then gained by 24.18% to $1.7 billion in 2025, then sank by 72.15% to $483.5 million in 2026.
- Business Quant data shows CNQ's Change in Taxes at $483.5 million in Q1 2026, $1.7 billion in Q4 2025, and $205.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | - |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 467.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 287.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 35.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | - |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 33.26 Mn |
| 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 | 483.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 483.46 Mn |
| Mar 31, 2026 | 483.46 Mn |
| Dec 31, 2025 | 1.74 Bn |
| Dec 31, 2025 | 1.74 Bn |
| Sep 30, 2025 | 205.64 Mn |
| Sep 30, 2025 | 205.64 Mn |
| Jun 30, 2025 | 165.27 Mn |
| Jun 30, 2025 | 165.27 Mn |
| Mar 31, 2025 | 477.39 Mn |
| Mar 31, 2025 | 477.39 Mn |
| Dec 31, 2024 | 1.40 Bn |
| Dec 31, 2024 | 1.40 Bn |
| Sep 30, 2024 | 236.04 Mn |
| Sep 30, 2024 | 236.04 Mn |
| Jun 30, 2024 | 319.51 Mn |
| Jun 30, 2024 | 319.51 Mn |
| Mar 31, 2024 | 146.94 Mn |
| Mar 31, 2024 | 146.94 Mn |
| Dec 31, 2023 | 1.42 Bn |
| Dec 31, 2023 | 1.42 Bn |