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| 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 |