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-on-year from $194.7 million in Q4 2024, and up 71.62% quarter-over-quarter from $194.7 million in Q4 2024.

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.

  • Construction in Progress for Q4 2025 came in at $334.2 million, up 71.62% year-over-year; the trailing twelve-month figure through Dec 2025 was $334.2 million (up 71.62% YoY), and the FY2025 annual result was $333.5 million, up 67.88% 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.
  • The 5-year median for Construction in Progress is $140.3 million (2023), against an average of $176.4 million.
  • Across the five-year window, Construction in Progress rose 4.31% in 2021 and surged 71.62% in 2025, its largest moves.
  • Canadian Natural Resources' 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.
  • The last three Construction in Progress figures came in at $334.2 million (Q4 2025), $194.7 million (Q4 2024), and $140.3 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (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 - -
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn -
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn -
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 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