Canadian Natural Resources (CNQ) Current Taxes (2010 - 2026)
Canadian Natural Resources (CNQ) posted Current Taxes of $352.9 million for Q1 2026, down 17.56% sequentially from $428.1 million in Q4 2025, and up 298.76% YoY from $88.5 million in Q1 2025.
Canadian Natural Resources (CNQ) Current Taxes (2010 - 2026) Analysis & Trends
Canadian Natural Resources has reported Current Taxes for 12 years, with the latest figure at $352.9 million in Q1 2026.
- Quarterly Current Taxes rose 298.76% year-over-year to $352.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $352.9 million (up 298.76% YoY) and the FY2025 annual result came in at $427.3 million, up 535.87% from the prior year.
- Current Taxes retreated to $352.9 million in Q1 2026 per CNQ's latest filing, from $428.1 million in the prior quarter.
- Over five years, Current Taxes peaked at $1.2 billion in Q3 2022 and troughed at $42.4 million in Q2 2024.
- A 5-year average of $392.4 million and a median of $331.6 million in 2025 frame the typical range for Current Taxes.
- The sharpest annual moves came in 2023 and 2025: Current Taxes slumped 96.18% in 2023, then surged 631.82% in 2025.
- Over 5 years, Current Taxes stood at $975.4 million in 2022, then tumbled by 95.34% to $45.5 million in 2023, then soared by 44.74% to $65.9 million in 2024, then jumped by 550.03% to $428.1 million in 2025, then retreated by 17.56% to $352.9 million in 2026.
- According to Business Quant data, Current Taxes over the past three periods registered $352.9 million, $428.1 million, and $392.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.26 Bn | 156.57 Bn | 12.81 Bn | 2.54 Bn |
| 2 | Canadian Natural Resources | 106.66 Bn | 104.77 Bn | 10.66 Bn | 712.80 Mn |
| 3 | Eog Resources | 80.48 Bn | 75.57 Bn | - | 697.00 Mn |
| 4 | Diamondback Energy | 59.38 Bn | 58.92 Bn | 5.55 Bn | 230.00 Mn |
| 5 | Woodside Energy | 46.18 Bn | 40.24 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.15 Bn | 45.14 Bn | 6.02 Bn | 414.00 Mn |
| 7 | Occidental Petroleum | 39.12 Bn | 34.97 Bn | 7.73 Bn | - |
| 8 | Eqt | 33.77 Bn | 33.66 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.31 Bn | 26.06 Bn | - | 28.93 Mn |
| 10 | Expand Energy | 22.75 Bn | 21.48 Bn | 2.33 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 352.94 Mn |
| Dec 31, 2025 | 428.10 Mn |
| Sep 30, 2025 | 392.38 Mn |
| Jun 30, 2025 | 310.34 Mn |
| Mar 31, 2025 | 88.51 Mn |
| Dec 31, 2024 | 65.86 Mn |
| Sep 30, 2024 | 75.50 Mn |
| Jun 30, 2024 | 42.41 Mn |
| Sep 30, 2023 | 45.50 Mn |
| Mar 31, 2023 | 73.97 Mn |
| Dec 31, 2022 | 975.39 Mn |
| Sep 30, 2022 | 1.19 Bn |
| Jun 30, 2022 | 909.05 Mn |
| Mar 31, 2022 | 543.95 Mn |
| Dec 31, 2021 | 1.27 Bn |
| Sep 30, 2021 | 772.96 Mn |
| Jun 30, 2021 | 301.82 Mn |
| Mar 31, 2021 | 79.80 Mn |
| Sep 30, 2019 | 64.40 Mn |
| Jun 30, 2019 | 47.83 Mn |