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
DateValue
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