Canadian Natural Resources (CNQ) Change in Working Capital (2009 - 2026)
Canadian Natural Resources' Change in Working Capital came in at -$45.54 million for the quarter ended Jun 30, 2026, compared with -$18.76 million a year earlier.
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Analysis
Canadian Natural Resources (CNQ) Change in Working Capital (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Canadian Natural Resources reported Change in Working Capital of -$41.33 million; for the year ended Dec 31, 2025, it was -$77.3 million.
- Going back by year, Change in Working Capital was -$90.57 million in the year ended Dec 31, 2024, $37.8 million in the year ended Dec 31, 2023 (-67.0%), $114.61 million in the year ended Dec 31, 2022 (+34.2%) and $85.38 million in the year ended Dec 31, 2021.
- The five-year range for quarterly Change in Working Capital is -$207.05 million (the quarter ended Mar 31, 2024) to $108.16 million (the quarter ended Mar 31, 2022).
- The fastest year-over-year change in Change in Working Capital over five years came in the quarter ended Jun 30, 2024 (growth of 238.3%), and the weakest in the quarter ended Sep 30, 2022 (a decline of 94.6%).
- Business Quant data shows CNQ's Change in Working Capital at $57.61 million (quarter ended Mar 31, 2026), $26.53 million (quarter ended Dec 31, 2025) and -$79.93 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | - |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | - |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 1.66 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 312.68 Mn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | - |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 1.79 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | - |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | -45.54 Mn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 326.00 Mn |
| 10 | Eog Resources | 72.25 Bn | 56.57 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -45.54 Mn |
| Mar 31, 2026 | 57.61 Mn |
| Dec 31, 2025 | 26.53 Mn |
| Sep 30, 2025 | -79.93 Mn |
| Jun 30, 2025 | -18.76 Mn |
| Mar 31, 2025 | -6.27 Mn |
| Dec 31, 2024 | 35.08 Mn |
| Sep 30, 2024 | 54.98 Mn |
| Jun 30, 2024 | 22.67 Mn |
| Mar 31, 2024 | -207.05 Mn |
| Dec 31, 2023 | 21.30 Mn |
| Sep 30, 2023 | -67.88 Mn |
| Jun 30, 2023 | 6.70 Mn |
| Mar 31, 2023 | 76.93 Mn |
| Dec 31, 2022 | -21.36 Mn |
| Sep 30, 2022 | 4.60 Mn |
| Jun 30, 2022 | 27.45 Mn |
| Mar 31, 2022 | 108.16 Mn |
| Dec 31, 2021 | -48.39 Mn |
| Sep 30, 2021 | 85.80 Mn |
API Access
Canadian Natural Resources Change in Working Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-working-capital", "ticker": "CNQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();