Canadian Natural Resources (CNQ) Common Equity (2009 - 2025)
Canadian Natural Resources (CNQ) reported Common Equity of $8.57 billion for the quarter ended Jun 30, 2026, up 5.2% from $8.14 billion a year earlier but down 1.4% from the prior quarter.
Canadian Natural Resources (CNQ) Common Equity (2009 - 2025) Analysis & Trends
As of Dec 31, 2025, Canadian Natural Resources posted Common Equity of $8.17 billion, down 71.6% from the prior year.
- Common Equity has a five-year compound annual growth rate of -19.5% (years ended Dec 2020 to Dec 2025).
- By year, Common Equity came in at $28.83 billion in the year ended Dec 31, 2024 (-2.4%), $29.52 billion in the year ended Dec 31, 2023 (+0.5%), $29.36 billion in the year ended Dec 31, 2022 (-0.4%) and $29.48 billion in the year ended Dec 31, 2021 (+22.0%).
- Five-year quarterly Common Equity spans a low of -$30 billion in the quarter ended Mar 31, 2022 and a high of $29.31 billion in the quarter ended Dec 31, 2021.
- Year over year, Common Equity gained in five of the last eight quarters, with an average decline of 7.3%.
- The high point for year-over-year Common Equity in five years was the quarter ended Dec 31, 2021 (growth of 18.0%); the low point was the quarter ended Dec 31, 2025 (a decline of 71.0%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $8.68 billion (quarter ended Mar 31, 2026), $8.19 billion (quarter ended Dec 31, 2025) and $8.22 billion (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 678.46 Bn | 636.61 Bn | - | 272.52 Bn |
| 2 | Shell | 572.35 Bn | 454.96 Bn | - | 180.79 Bn |
| 3 | Chevron | 410.31 Bn | 377.35 Bn | 31.26 Bn | 199.98 Bn |
| 4 | TotalEnergies SE | 190.98 Bn | 74.26 Bn | - | 130.95 Bn |
| 5 | Eni Spa | 166.41 Bn | 117.77 Bn | - | 62.01 Bn |
| 6 | Conocophillips | 163.94 Bn | 136.65 Bn | 12.81 Bn | 65.35 Bn |
| 7 | Equinor Asa | 104.52 Bn | 35.38 Bn | 12.28 Bn | 40.42 Bn |
| 8 | Canadian Natural Resources | 100.46 Bn | 98.53 Bn | - | - |
| 9 | Phillips 66 | 99.08 Bn | 82.87 Bn | 10.69 Bn | 35.50 Bn |
| 10 | Suncor Energy | 82.03 Bn | 74.17 Bn | - | 32.95 Bn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 32.40 Bn |
| Dec 31, 2024 | 27.50 Bn |
| Dec 31, 2023 | 30.11 Bn |
| Dec 31, 2022 | 28.17 Bn |
| Dec 31, 2021 | 28.99 Bn |
| Sep 30, 2021 | 7.73 Bn |
| Jun 30, 2021 | 7.96 Bn |
| Dec 31, 2020 | 25.39 Bn |
| Sep 30, 2020 | 7.11 Bn |
| Jun 30, 2020 | 6.97 Bn |
| Mar 31, 2020 | 23.46 Bn |
| Dec 31, 2019 | 26.79 Bn |
| Sep 30, 2019 | 26.29 Bn |
| Jun 30, 2019 | 26.17 Bn |
| Mar 31, 2019 | 24.03 Bn |
| Dec 31, 2018 | 23.47 Bn |
| Sep 30, 2018 | 25.62 Bn |
| Jun 30, 2018 | 24.45 Bn |
| Mar 31, 2018 | 24.85 Bn |
| Dec 31, 2017 | 25.19 Bn |
Canadian Natural Resources Common Equity 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=common-equity&ticker=CNQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();