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-over-year from -$700.8 million in Q3 2017, and down 9.7% quarter-over-quarter from -$882.1 million in Q2 2018.
Analysis
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.
- In Q3 2018, Divestments rose 38.08% year-over-year to -$967.7 million; the TTM figure through Sep 2018 stood at -$3.8 billion (up 60.08% YoY), while the FY2017 annual figure 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.
- Average Divestments over 5 years is -$1.6 billion, with a median of -$967.7 million recorded in 2018.
- Year-over-year, Divestments slumped 627.17% in 2017 and surged 86.74% in 2018.
- Over 5 years, 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 plunged by 110.78% to -$845.4 million in 2017, then fell by 14.47% to -$967.7 million in 2018.
- Per Business Quant data, the three most recent Divestments figures were -$967.7 million in Q3 2018, -$882.1 million in Q2 2018, and -$1.1 billion in Q1 2018.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 167.13 Bn | 159.43 Bn | 12.81 Bn | - |
| 2 | Canadian Natural Resources | 106.97 Bn | 105.08 Bn | 8.84 Bn | - |
| 3 | Eog Resources | 77.70 Bn | 72.79 Bn | - | - |
| 4 | Diamondback Energy | 57.73 Bn | 57.27 Bn | 5.55 Bn | 53.00 Mn |
| 5 | Devon Energy | 46.67 Bn | 45.66 Bn | 6.02 Bn | 13.00 Mn |
| 6 | Expand Energy | 23.23 Bn | 21.96 Bn | 2.33 Bn | - |
| 7 | Permian Resources | 20.03 Bn | 19.77 Bn | - | - |
| 8 | Ovintiv | 18.11 Bn | 17.22 Bn | 2.83 Bn | - |
| 9 | Apa | 15.90 Bn | 15.45 Bn | 2.28 Bn | - |
| 10 | Antero Resources | 12.22 Bn | 11.65 Bn | 1.56 Bn | - |
Historic Data
Download Data
Historic 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 |