Canadian Natural Resources (CNQ) Depreciation & Amortization (CF) (2009 - 2026)
Canadian Natural Resources (CNQ) reported Depreciation & Amortization (CF) of $1.38 billion for the quarter ended Jun 30, 2026, up 7.9% from $1.27 billion a year earlier and up 0.5% from the prior quarter.
Canadian Natural Resources (CNQ) Depreciation & Amortization (CF) (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Canadian Natural Resources' Depreciation & Amortization (CF) came in at $6.9 billion, up 35.0% year-over-year; for the year ended Dec 31, 2025, it came in at $6.72 billion, up 37.6% from the prior year.
- Depreciation & Amortization (CF) has a five-year compound annual growth rate of 8.3% (years ended Dec 2020 to Dec 2025).
- By year, Depreciation & Amortization (CF) came in at $4.88 billion in the year ended Dec 31, 2024 (+2.7%), $4.75 billion in the year ended Dec 31, 2023 (-16.0%), $5.66 billion in the year ended Dec 31, 2022 (+23.8%) and $4.57 billion in the year ended Dec 31, 2021 (+1.2%).
- Five-year quarterly Depreciation & Amortization (CF) spans a low of $1.04 billion in the quarter ended Jun 30, 2023 and a high of $2.33 billion in the quarter ended Sep 30, 2025.
- Year over year, Depreciation & Amortization (CF) has now increased in each of the last six quarters, with growth averaging 19.8% over the last eight quarters.
- The high point for year-over-year Depreciation & Amortization (CF) in five years was the quarter ended Sep 30, 2025 (growth of 99.2%); the low point was the quarter ended Dec 31, 2023 (a decline of 34.3%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $1.37 billion (quarter ended Mar 31, 2026), $1.82 billion (quarter ended Dec 31, 2025) and $2.33 billion (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 746.42 Bn | 702.90 Bn | - | 8.69 Bn |
| 2 | Chevron | 442.96 Bn | 415.08 Bn | 33.45 Bn | 6.08 Bn |
| 3 | Shell | 313.69 Bn | 243.43 Bn | 30.13 Bn | 6.18 Bn |
| 4 | TotalEnergies SE | 200.00 Bn | 80.58 Bn | 61.77 Bn | 3.10 Bn |
| 5 | Conocophillips | 177.72 Bn | 150.43 Bn | 12.81 Bn | 2.98 Bn |
| 6 | Equinor Asa | 121.70 Bn | 36.16 Bn | - | 2.72 Bn |
| 7 | Phillips 66 | 117.59 Bn | 105.38 Bn | 8.38 Bn | 585.00 Mn |
| 8 | Canadian Natural Resources | 112.49 Bn | 109.50 Bn | 8.84 Bn | 1.38 Bn |
| 9 | Suncor Energy | 94.96 Bn | 80.71 Bn | - | 1.71 Bn |
| 10 | Eni Spa | 89.38 Bn | 33.94 Bn | - | 1.98 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.38 Bn |
| Mar 31, 2026 | 1.37 Bn |
| Dec 31, 2025 | 1.82 Bn |
| Sep 30, 2025 | 2.33 Bn |
| Jun 30, 2025 | 1.27 Bn |
| Mar 31, 2025 | 1.30 Bn |
| Dec 31, 2024 | 1.36 Bn |
| Sep 30, 2024 | 1.17 Bn |
| Jun 30, 2024 | 1.21 Bn |
| Mar 31, 2024 | 1.14 Bn |
| Dec 31, 2023 | 1.51 Bn |
| Sep 30, 2023 | 1.15 Bn |
| Jun 30, 2023 | 1.04 Bn |
| Mar 31, 2023 | 1.05 Bn |
| Dec 31, 2022 | 2.31 Bn |
| Sep 30, 2022 | 1.11 Bn |
| Jun 30, 2022 | 1.07 Bn |
| Mar 31, 2022 | 1.11 Bn |
| Dec 31, 2021 | 1.17 Bn |
| Sep 30, 2021 | 1.15 Bn |
Canadian Natural Resources Depreciation & Amortization (CF) 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=depreciation-and-amortization-cf&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "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=depreciation-and-amortization-cf&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();