Canadian Natural Resources CNQ
NYSE CNQ
$51.33 +0.43 (+0.84%)
As of: Sep 9, 2026 · 3:59 PM EDT

Canadian Natural Resources (CNQ) EBITDA (2009 - 2026)

Canadian Natural Resources' (CNQ) quarterly EBITDA came in at $8.7 billion in Q2 2026, up 89.33% year-over-year from $4.6 billion in Q2 2025, and up 71.0% quarter-over-quarter from $5.1 billion in Q1 2026.

Analysis

Canadian Natural Resources (CNQ) EBITDA (2009 - 2026) Analysis & Trends

Canadian Natural Resources has disclosed EBITDA across 18 years of filings, most recently posting $8.7 billion for Q2 2026.

  • In Q2 2026, EBITDA rose 89.33% year-over-year to $8.7 billion; the TTM figure through Jun 2026 stood at $6.5 billion (down 67.45% YoY), while the FY2025 annual figure was $2.9 billion, down 80.93% from the prior year.
  • EBITDA came in at $8.7 billion for Q2 2026 at Canadian Natural Resources, up from $5.1 billion in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $23.5 billion in Q4 2022 to a low of -$12.2 billion in Q4 2025.
  • Average EBITDA over 5 years is $6.9 billion, with a median of $5.7 billion recorded in 2022.
  • Year-over-year, EBITDA surged 323.98% in 2022 and tumbled 371.3% in 2025.
  • Over 5 years, EBITDA stood at $23.5 billion in 2022, then dropped by 26.8% to $17.2 billion in 2023, then tumbled by 73.86% to $4.5 billion in 2024, then plunged by 371.3% to -$12.2 billion in 2025, then soared by 171.51% to $8.7 billion in 2026.
  • Per Business Quant data, the three most recent EBITDA figures were $8.7 billion in Q2 2026, $5.1 billion in Q1 2026, and -$12.2 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Conocophillips 166.07 Bn 158.38 Bn 12.81 Bn 10.38 Bn
2 Canadian Natural Resources 107.37 Bn 105.48 Bn 8.84 Bn 8.73 Bn
3 Eog Resources 77.26 Bn 72.36 Bn - 3.53 Bn
4 Diamondback Energy 56.93 Bn 56.47 Bn 5.55 Bn 2.51 Bn
5 Devon Energy 45.90 Bn 44.89 Bn 6.02 Bn 2.38 Bn
6 Expand Energy 23.03 Bn 21.76 Bn 2.33 Bn 661.00 Mn
7 Permian Resources 19.81 Bn 19.55 Bn - 928.18 Mn
8 Ovintiv 18.04 Bn 17.15 Bn 2.83 Bn 994.00 Mn
9 Apa 15.80 Bn 15.36 Bn 2.28 Bn 1.16 Bn
10 Antero Resources 12.13 Bn 11.56 Bn 1.56 Bn 375.46 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 8.73 Bn
Mar 31, 2026 5.10 Bn
Dec 31, 2025 -12.21 Bn
Sep 30, 2025 4.83 Bn
Jun 30, 2025 4.61 Bn
Mar 31, 2025 5.70 Bn
Dec 31, 2024 4.50 Bn
Sep 30, 2024 5.02 Bn
Jun 30, 2024 4.87 Bn
Mar 31, 2024 7.26 Bn
Dec 31, 2023 17.21 Bn
Sep 30, 2023 9.65 Bn
Jun 30, 2023 4.16 Bn
Mar 31, 2023 7.72 Bn
Dec 31, 2022 23.52 Bn
Sep 30, 2022 5.74 Bn
Jun 30, 2022 8.61 Bn
Mar 31, 2022 10.06 Bn
Dec 31, 2021 5.55 Bn
Sep 30, 2021 4.24 Bn