Canadian Natural Resources (CNQ) EBIT (2009 - 2026)
Canadian Natural Resources (CNQ) posted EBIT of $6.8 billion for Q1 2026, up 165.31% sequentially from -$10.5 billion in Q4 2025, and down 6.96% YoY from $7.4 billion in Q1 2025.
Canadian Natural Resources (CNQ) EBIT (2009 - 2026) Analysis & Trends
Canadian Natural Resources has reported EBIT for 18 years, with the latest figure at $6.8 billion in Q1 2026.
- Quarterly EBIT fell 6.96% year-over-year to $6.8 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.1 billion (down 68.5% YoY) and the FY2025 annual result came in at $9.5 billion, up 61.0% from the prior year.
- EBIT advanced to $6.8 billion in Q1 2026 per CNQ's latest filing, from -$10.5 billion in the prior quarter.
- Over five years, EBIT peaked at $8.6 billion in Q2 2022 and troughed at -$10.5 billion in Q4 2025.
- A 5-year average of $5.4 billion and a median of $6.2 billion in 2023 frame the typical range for EBIT.
- The sharpest annual moves came in 2022 and 2025: EBIT soared 67.16% in 2022, then plunged 318.65% in 2025.
- Over 5 years, EBIT stood at $7.0 billion in 2022, then gained by 0.33% to $7.0 billion in 2023, then plunged by 31.46% to $4.8 billion in 2024, then sank by 318.65% to -$10.5 billion in 2025, then surged by 165.31% to $6.8 billion in 2026.
- According to Business Quant data, EBIT over the past three periods registered $6.8 billion, -$10.5 billion, and $5.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.72 Bn | 156.03 Bn | 12.81 Bn | 10.38 Bn |
| 2 | Canadian Natural Resources | 106.43 Bn | 104.54 Bn | 10.66 Bn | 10.54 Bn |
| 3 | Eog Resources | 80.29 Bn | 75.38 Bn | - | 3.53 Bn |
| 4 | Diamondback Energy | 59.25 Bn | 58.78 Bn | 5.55 Bn | 2.51 Bn |
| 5 | Woodside Energy | 46.12 Bn | 40.17 Bn | 6.02 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.11 Bn | 45.10 Bn | 6.02 Bn | 2.38 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 3.19 Bn |
| 8 | Eqt | 33.96 Bn | 33.85 Bn | 1.42 Bn | 394.04 Mn |
| 9 | Texas Pacific Land | 26.43 Bn | 26.18 Bn | - | 191.82 Mn |
| 10 | Expand Energy | 22.98 Bn | 21.71 Bn | 2.33 Bn | 661.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.85 Bn |
| Dec 31, 2025 | -10.48 Bn |
| Sep 30, 2025 | 5.31 Bn |
| Jun 30, 2025 | 5.46 Bn |
| Mar 31, 2025 | 7.36 Bn |
| Dec 31, 2024 | 4.79 Bn |
| Sep 30, 2024 | 5.34 Bn |
| Jun 30, 2024 | 5.17 Bn |
| Mar 31, 2024 | 5.55 Bn |
| Dec 31, 2023 | 6.99 Bn |
| Sep 30, 2023 | 6.80 Bn |
| Jun 30, 2023 | 5.81 Bn |
| Mar 31, 2023 | 6.15 Bn |
| Dec 31, 2022 | 6.97 Bn |
| Sep 30, 2022 | 7.33 Bn |
| Jun 30, 2022 | 8.57 Bn |
| Mar 31, 2022 | 7.96 Bn |
| Dec 31, 2021 | 7.03 Bn |
| Sep 30, 2021 | 4.99 Bn |
| Jun 30, 2021 | 5.13 Bn |