Canadian Natural Resources (CNQ) Construction in Progress (2016 - 2025)
Canadian Natural Resources (CNQ) posted Construction in Progress of $334.2 million for Q4 2025, up 71.62% sequentially from $194.7 million in Q4 2024, and up 71.62% YoY from $194.7 million in Q4 2024.
Canadian Natural Resources (CNQ) Construction in Progress (2016 - 2025) Analysis & Trends
Canadian Natural Resources has reported Construction in Progress for 10 years, with the latest figure at $334.2 million in Q4 2025.
- Quarterly Construction in Progress rose 71.62% year-over-year to $334.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $334.2 million (up 71.62% YoY) and the FY2025 annual result came in at $333.5 million, up 67.88% from the prior year.
- Construction in Progress advanced to $334.2 million in Q4 2025 per CNQ's latest filing, from $194.7 million in the prior quarter.
- Over five years, Construction in Progress peaked at $334.2 million in Q4 2025 and troughed at $93.6 million in Q4 2021.
- A 5-year average of $176.4 million and a median of $140.3 million in 2023 frame the typical range for Construction in Progress.
- The sharpest annual moves came in 2021 and 2025: Construction in Progress advanced 4.31% in 2021, then jumped 71.62% in 2025.
- Over 5 years, Construction in Progress stood at $93.6 million in 2021, then grew by 27.49% to $119.3 million in 2022, then gained by 17.55% to $140.3 million in 2023, then surged by 38.79% to $194.7 million in 2024, then surged by 71.62% to $334.2 million in 2025.
- According to Business Quant data, Construction in Progress over the past three periods registered $334.2 million, $194.7 million, and $140.3 million for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | - |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | - |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | - |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | - |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | - |
Historic Data
Download 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 |