Canadian Natural Resources (CNQ) Divestments (2009 - 2018)

Canadian Natural Resources' (CNQ) quarterly Divestments came in at -$967.7 million in Q3 2018, up 38.08% year-on-year from -$700.8 million in Q3 2017, and down 9.7% quarter-over-quarter from -$882.1 million in Q2 2018.

Canadian Natural Resources (CNQ) Divestments (2009 - 2018) Analysis & Trends

Canadian Natural Resources has disclosed Divestments across 10 years of filings, most recently posting -$967.7 million for Q3 2018.

  • Divestments for Q3 2018 came in at -$967.7 million, up 38.08% year-over-year; the trailing twelve-month figure through Sep 2018 was -$3.8 billion (up 60.08% YoY), and the FY2017 annual result was -$10.1 billion, down 250.88% from the prior year.
  • Divestments came in at -$967.7 million for Q3 2018 at Canadian Natural Resources, down from -$882.1 million in the prior quarter.
  • In the past five years, Divestments ranged from a high of -$401.1 million in Q4 2016 to a low of -$6.7 billion in Q2 2017.
  • The 5-year median for Divestments is -$967.7 million (2018), against an average of -$1.6 billion.
  • Across the five-year window, Divestments tumbled 627.17% in 2017 and jumped 86.74% in 2018, its largest moves.
  • Canadian Natural Resources' Divestments stood at -$1.8 billion in 2014, then soared by 63.92% to -$657.2 million in 2015, then jumped by 38.97% to -$401.1 million in 2016, then slumped by 110.78% to -$845.4 million in 2017, then fell by 14.47% to -$967.7 million in 2018.
  • The last three Divestments figures came in at -$967.7 million (Q3 2018), -$882.1 million (Q2 2018), and -$1.1 billion (Q1 2018), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (Qtr)
1 Woodside Energy 631.53 Bn 625.59 Bn - -
2 Canadian Natural Resources 402.73 Bn 402.73 Bn 6.72 Bn -
3 Conocophillips 145.39 Bn 139.02 Bn 9.48 Bn -
4 Eog Resources 74.61 Bn 70.76 Bn - -
5 Occidental Petroleum 57.00 Bn 53.82 Bn 4.87 Bn 9.46 Bn
6 Diamondback Energy 56.03 Bn 62.20 Bn 4.22 Bn 604.00 Mn
7 Vista Energy, S.A.B. de C.V 36.26 Bn 35.65 Bn 472.36 Mn -
8 Eqt 33.02 Bn 36.36 Bn 2.98 Bn -
9 Vermilion Energy 32.76 Bn 32.57 Bn 370.10 Mn -
10 Devon Energy 27.78 Bn 27.78 Bn 3.61 Bn 9.00 Mn

Historic Data

Download Data
DateValue
Sep 30, 2018 -967.69 Mn
Jun 30, 2018 -882.13 Mn
Mar 31, 2018 -1.08 Bn
Dec 31, 2017 -845.39 Mn
Sep 30, 2017 -1.56 Bn
Jun 30, 2017 -6.65 Bn
Mar 31, 2017 -849.04 Mn
Dec 31, 2016 -401.09 Mn
Sep 30, 2016 -657.42 Mn
Jun 30, 2016 -914.75 Mn
Mar 31, 2016 -903.40 Mn
Dec 31, 2015 -657.17 Mn
Sep 30, 2015 -911.91 Mn
Jun 30, 2015 -1.22 Bn
Mar 31, 2015 -1.54 Bn
Dec 31, 2014 -1.82 Bn
Sep 30, 2014 -1.70 Bn
Jun 30, 2014 -5.10 Bn
Mar 31, 2014 -1.54 Bn
Dec 31, 2013 -2.01 Bn