Canadian Natural Resources (CNQ) Construction in Progress (2016 - 2025)
Canadian Natural Resources' (CNQ) quarterly Construction in Progress came in at $334.2 million in Q4 2025, up 71.62% year-over-year from $194.7 million in Q4 2024, and up 71.62% quarter-over-quarter from $194.7 million in Q4 2024.
Analysis
Canadian Natural Resources (CNQ) Construction in Progress (2016 - 2025) Analysis & Trends
Canadian Natural Resources has disclosed Construction in Progress across 10 years of filings, most recently posting $334.2 million for Q4 2025.
- In Q4 2025, Construction in Progress rose 71.62% year-over-year to $334.2 million; the TTM figure through Dec 2025 stood at $334.2 million (up 71.62% YoY), while the FY2025 annual figure was $333.5 million, up 71.29% from the prior year.
- Construction in Progress came in at $334.2 million for Q4 2025 at Canadian Natural Resources, up from $194.7 million in the prior quarter.
- In the past five years, Construction in Progress ranged from a high of $334.2 million in Q4 2025 to a low of $93.6 million in Q4 2021.
- Average Construction in Progress over 5 years is $176.4 million, with a median of $140.3 million recorded in 2023.
- Year-over-year, Construction in Progress gained 4.31% in 2021 and soared 71.62% in 2025.
- Over 5 years, Construction in Progress stood at $93.6 million in 2021, then advanced by 27.49% to $119.3 million in 2022, then increased by 17.55% to $140.3 million in 2023, then soared by 38.79% to $194.7 million in 2024, then soared by 71.62% to $334.2 million in 2025.
- Per Business Quant data, the three most recent Construction in Progress figures were $334.2 million in Q4 2025, $194.7 million in Q4 2024, and $140.3 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 167.13 Bn | 159.44 Bn | 12.81 Bn | - |
| 2 | Canadian Natural Resources | 106.99 Bn | 105.10 Bn | 8.84 Bn | - |
| 3 | Eog Resources | 77.73 Bn | 72.83 Bn | - | - |
| 4 | Diamondback Energy | 57.78 Bn | 57.32 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.67 Bn | 45.66 Bn | 6.02 Bn | - |
| 6 | Expand Energy | 23.25 Bn | 21.99 Bn | 2.33 Bn | - |
| 7 | Permian Resources | 20.04 Bn | 19.78 Bn | - | - |
| 8 | Ovintiv | 18.11 Bn | 17.22 Bn | 2.83 Bn | - |
| 9 | Apa | 15.88 Bn | 15.44 Bn | 2.28 Bn | - |
| 10 | Antero Resources | 12.22 Bn | 11.64 Bn | 1.56 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 334.16 Mn |
| Dec 31, 2024 | 194.71 Mn |
| Dec 31, 2023 | 140.30 Mn |
| Dec 31, 2022 | 119.35 Mn |
| Dec 31, 2021 | 93.61 Mn |
| Dec 31, 2020 | 89.75 Mn |
| Dec 31, 2019 | 87.11 Mn |
| Dec 31, 2018 | 1.08 Bn |
| Dec 31, 2017 | 743.06 Mn |
| Dec 31, 2016 | 634.24 Mn |