Canadian Natural Resources (CNQ) Current Taxes (2009 - 2026)
Canadian Natural Resources' (CNQ) quarterly Current Taxes came in at $712.8 million in Q2 2026, up 129.69% year-over-year from $310.3 million in Q2 2025, and up 101.96% quarter-over-quarter from $352.9 million in Q1 2026.
Analysis
Canadian Natural Resources (CNQ) Current Taxes (2009 - 2026) Analysis & Trends
Canadian Natural Resources has disclosed Current Taxes across 17 years of filings, most recently posting $712.8 million for Q2 2026.
- In Q2 2026, Current Taxes rose 129.69% year-over-year to $712.8 million; the TTM figure through Jun 2026 stood at $712.8 million (up 129.69% YoY), while the FY2025 annual figure was $427.3 million, up 548.8% from the prior year.
- Current Taxes came in at $712.8 million for Q2 2026 at Canadian Natural Resources, up from $352.9 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $1.2 billion in Q3 2022 to a low of $42.4 million in Q2 2024.
- Average Current Taxes over 5 years is $413.8 million, with a median of $352.9 million recorded in 2026.
- Year-over-year, Current Taxes sank 96.18% in 2023 and jumped 631.82% in 2025.
- Over 5 years, Current Taxes stood at $975.4 million in 2022, then sank by 95.34% to $45.5 million in 2023, then jumped by 44.74% to $65.9 million in 2024, then surged by 550.03% to $428.1 million in 2025, then surged by 66.5% to $712.8 million in 2026.
- Per Business Quant data, the three most recent Current Taxes figures were $712.8 million in Q2 2026, $352.9 million in Q1 2026, and $428.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | 2.54 Bn |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | 712.80 Mn |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | 697.00 Mn |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | 230.00 Mn |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 414.00 Mn |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | - |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | - |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | 2.00 Mn |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | - |
| 10 | Antero Resources | 12.12 Bn | 11.55 Bn | 1.56 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 712.80 Mn |
| 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 |