Canadian Natural Resources CNQ
NYSE CNQ
$50.79 -0.56 (-1.09%)
As of: Sep 10, 2026 · 3:59 PM EDT

Canadian Natural Resources (CNQ) Deferred Taxes (2009 - 2026)

Canadian Natural Resources' (CNQ) quarterly Deferred Taxes came in at $225.6 million in Q2 2026, up 455.14% year-over-year from $40.6 million in Q2 2025, and up 278.79% quarter-over-quarter from -$126.2 million in Q1 2026.

Analysis

Canadian Natural Resources (CNQ) Deferred Taxes (2009 - 2026) Analysis & Trends

Canadian Natural Resources has disclosed Deferred Taxes across 18 years of filings, most recently posting $225.6 million for Q2 2026.

  • In Q2 2026, Deferred Taxes rose 455.14% year-over-year to $225.6 million; the TTM figure through Jun 2026 stood at $431.4 million (up 43.27% YoY), while the FY2025 annual figure was $365.0 million, up 20.83% from the prior year.
  • Deferred Taxes came in at $225.6 million for Q2 2026 at Canadian Natural Resources, up from -$126.2 million in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $718.5 million in Q4 2025 to a low of -$433.9 million in Q4 2022.
  • Average Deferred Taxes over 5 years is $40.0 million, with a median of $55.7 million recorded in 2023.
  • Year-over-year, Deferred Taxes surged 615.61% in 2024 and plunged 513.64% in 2025.
  • Over 5 years, Deferred Taxes stood at -$433.9 million in 2022, then jumped by 70.55% to -$127.8 million in 2023, then jumped by 227.14% to $162.5 million in 2024, then soared by 342.17% to $718.5 million in 2025, then sank by 68.61% to $225.6 million in 2026.
  • Per Business Quant data, the three most recent Deferred Taxes figures were $225.6 million in Q2 2026, -$126.2 million in Q1 2026, and $718.5 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Conocophillips 166.37 Bn 158.68 Bn 12.81 Bn 47.00 Mn
2 Canadian Natural Resources 106.24 Bn 104.35 Bn 8.84 Bn 225.55 Mn
3 Eog Resources 77.64 Bn 72.73 Bn - 346.00 Mn
4 Diamondback Energy 57.73 Bn 57.26 Bn 5.55 Bn 36.00 Mn
5 Devon Energy 46.75 Bn 45.74 Bn 6.02 Bn 95.00 Mn
6 Expand Energy 23.07 Bn 21.81 Bn 2.33 Bn 146.00 Mn
7 Permian Resources 19.87 Bn 19.61 Bn - 217.61 Mn
8 Ovintiv 17.94 Bn 17.05 Bn 2.83 Bn 61.00 Mn
9 Apa 15.73 Bn 15.28 Bn 2.28 Bn 216.00 Mn
10 Antero Resources 12.12 Bn 11.55 Bn 1.56 Bn 76.86 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 225.55 Mn
Mar 31, 2026 -126.15 Mn
Dec 31, 2025 718.52 Mn
Sep 30, 2025 -386.57 Mn
Jun 30, 2025 -63.51 Mn
Mar 31, 2025 89.21 Mn
Dec 31, 2024 162.50 Mn
Sep 30, 2024 112.89 Mn
Jun 30, 2024 15.35 Mn
Mar 31, 2024 14.84 Mn
Dec 31, 2023 -127.81 Mn
Sep 30, 2023 149.93 Mn
Jun 30, 2023 -2.98 Mn
Mar 31, 2023 22.19 Mn
Dec 31, 2022 -433.92 Mn
Sep 30, 2022 148.75 Mn
Jun 30, 2022 102.75 Mn
Mar 31, 2022 98.68 Mn
Dec 31, 2021 153.11 Mn
Sep 30, 2021 44.49 Mn