Canadian Natural Resources (CNQ) Change in Taxes (2009 - 2026)
Canadian Natural Resources (CNQ) posted Change in Taxes of $483.5 million for Q1 2026, down 72.15% sequentially from $1.7 billion in Q4 2025, and up 1.27% YoY from $477.4 million in Q1 2025.
Canadian Natural Resources (CNQ) Change in Taxes (2009 - 2026) Analysis & Trends
Canadian Natural Resources has reported Change in Taxes for 18 years, with the latest figure at $483.5 million in Q1 2026.
- Quarterly Change in Taxes rose 1.27% year-over-year to $483.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.6 billion (up 6.56% YoY) and the FY2025 annual result came in at $1.2 billion, up 47.5% from the prior year.
- Change in Taxes slipped to $483.5 million in Q1 2026 per CNQ's latest filing, from $1.7 billion in the prior quarter.
- Over five years, Change in Taxes peaked at $1.7 billion in Q4 2025 and troughed at $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.
- The sharpest annual moves came in 2022 and 2024: Change in Taxes jumped 2837.6% in 2022, then sank 87.23% in 2024.
- Over 5 years, Change in Taxes stood at $423.6 million in 2022, then soared by 235.01% to $1.4 billion in 2023, then retreated by 1.48% to $1.4 billion in 2024, then grew by 24.18% to $1.7 billion in 2025, then plunged by 72.15% to $483.5 million in 2026.
- According to Business Quant data, Change in Taxes over the past three periods registered $483.5 million, $1.7 billion, and $205.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (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 | 454.72 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | -69.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | -287.00 Mn |
| 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 | -32.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | -8.34 Mn |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn | - |
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 |