Canadian Natural Resources (CNQ) Divestments (2009 - 2018)
Canadian Natural Resources (CNQ) posted Divestments of -$967.7 million for Q3 2018, down 209.7% sequentially from $882.1 million in Q2 2018, and up 38.08% YoY from -$700.8 million in Q3 2017.
Canadian Natural Resources (CNQ) Divestments (2009 - 2018) Analysis & Trends
Canadian Natural Resources has reported Divestments for 10 years, with the latest figure at -$967.7 million in Q3 2018.
- Quarterly Divestments rose 38.08% year-over-year to -$967.7 million in Q3 2018, while the trailing twelve-month figure through Sep 2018 was -$2.0 billion (up 78.72% YoY) and the FY2017 annual result came in at $10.1 billion, up 450.88% from the prior year.
- Divestments slipped to -$967.7 million in Q3 2018 per CNQ's latest filing, from $882.1 million in the prior quarter.
- Over five years, Divestments peaked at $882.1 million in Q2 2018 and troughed at -$6.7 billion in Q2 2017.
- A 5-year average of -$1.5 billion and a median of -$967.7 million in 2018 frame the typical range for Divestments.
- The sharpest annual moves came in 2017 and 2018: Divestments tumbled 627.17% in 2017, then jumped 113.26% in 2018.
- Over 5 years, Divestments stood at -$1.8 billion in 2014, then surged by 63.92% to -$657.2 million in 2015, then soared by 38.97% to -$401.1 million in 2016, then slumped by 110.78% to -$845.4 million in 2017, then decreased by 14.47% to -$967.7 million in 2018.
- According to Business Quant data, Divestments over the past three periods registered -$967.7 million, $882.1 million, and -$1.1 billion for Q3 2018, Q2 2018, and Q1 2018 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.08 Bn | 156.39 Bn | 12.81 Bn | - |
| 2 | Canadian Natural Resources | 106.87 Bn | 104.98 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 79.98 Bn | 75.07 Bn | - | - |
| 4 | Diamondback Energy | 59.18 Bn | 58.72 Bn | 5.55 Bn | 53.00 Mn |
| 5 | Woodside Energy | 46.10 Bn | 40.16 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 45.95 Bn | 44.94 Bn | 6.02 Bn | 13.00 Mn |
| 7 | Occidental Petroleum | 39.50 Bn | 35.35 Bn | 7.73 Bn | - |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.19 Bn | 25.94 Bn | - | - |
| 10 | Expand Energy | 22.88 Bn | 21.62 Bn | 2.33 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |