Canadian Natural Resources (CNQ) Deferred Taxes (2009 - 2026)
Canadian Natural Resources (CNQ) posted Deferred Taxes of $225.55 million for the quarter ended Jun 30, 2026, compared with -$63.51 million a year earlier.
Canadian Natural Resources (CNQ) Deferred Taxes (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Deferred Taxes at Canadian Natural Resources was $431.35 million, up 43.3% year-over-year; for the year ended Dec 31, 2025, it was $365.02 million, up 18.4% from the prior year.
- In prior years, Canadian Natural Resources' Deferred Taxes was $308.23 million in the year ended Dec 31, 2024 (+684.7%), $39.28 million in the year ended Dec 31, 2023, -$106.91 million in the year ended Dec 31, 2022 and $318.38 million in the year ended Dec 31, 2021.
- Quarterly Deferred Taxes has run from a low of -$433.92 million in the quarter ended Dec 31, 2022 to a high of $718.52 million in the quarter ended Dec 31, 2025 over five years.
- The strongest year-over-year quarter for Deferred Taxes in the past five years was the quarter ended Mar 31, 2025, with growth of 501.0%; the weakest was the quarter ended Mar 31, 2023, with a decline of 77.5%.
- According to Business Quant data, Deferred Taxes for the three prior quarters was -$126.15 million (quarter ended Mar 31, 2026), $718.52 million (quarter ended Dec 31, 2025) and -$386.57 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | - |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 298.00 Mn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 47.00 Mn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 66.00 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 225.55 Mn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | -71.00 Mn |
| 10 | Eog Resources | 72.25 Bn | 56.57 Bn | - | 346.00 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
Canadian Natural Resources Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=CNQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "CNQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();