Canadian Natural Resources (CNQ) EBT (2009 - 2026)
Canadian Natural Resources' (CNQ) quarterly EBT came in at $4.3 billion in Q2 2026, up 109.96% year-over-year from $2.0 billion in Q2 2025, and up 237.42% quarter-over-quarter from $1.3 billion in Q1 2026.
Analysis
Canadian Natural Resources (CNQ) EBT (2009 - 2026) Analysis & Trends
Canadian Natural Resources has disclosed EBT across 18 years of filings, most recently posting $4.3 billion for Q2 2026.
- In Q2 2026, EBT rose 109.96% year-over-year to $4.3 billion; the TTM figure through Jun 2026 stood at $10.8 billion (up 46.1% YoY), while the FY2025 annual figure was $9.5 billion, up 64.27% from the prior year.
- EBT came in at $4.3 billion for Q2 2026 at Canadian Natural Resources, up from $1.3 billion in the prior quarter.
- In the past five years, EBT ranged from a high of $4.9 billion in Q4 2025 to a low of $353.9 million in Q3 2025.
- Average EBT over 5 years is $2.2 billion, with a median of $2.0 billion recorded in 2024.
- The largest YoY upside for EBT was 332.52% in 2025 against a maximum downside of 82.81% in 2025.
- Over 5 years, EBT stood at $979.8 million in 2022, then surged by 121.75% to $2.2 billion in 2023, then slumped by 47.75% to $1.1 billion in 2024, then soared by 332.52% to $4.9 billion in 2025, then decreased by 13.32% to $4.3 billion in 2026.
- Per Business Quant data, the three most recent EBT figures were $4.3 billion in Q2 2026, $1.3 billion in Q1 2026, and $4.9 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.43 Bn | 158.73 Bn | 12.81 Bn | 6.08 Bn |
| 2 | Canadian Natural Resources | 107.17 Bn | 105.28 Bn | 8.84 Bn | 4.26 Bn |
| 3 | Eog Resources | 77.65 Bn | 72.75 Bn | - | 3.50 Bn |
| 4 | Diamondback Energy | 57.68 Bn | 57.22 Bn | 5.55 Bn | 2.64 Bn |
| 5 | Devon Energy | 46.44 Bn | 45.43 Bn | 6.02 Bn | 2.12 Bn |
| 6 | Expand Energy | 23.24 Bn | 21.97 Bn | 2.33 Bn | 672.00 Mn |
| 7 | Permian Resources | 20.02 Bn | 19.76 Bn | - | 1.02 Bn |
| 8 | Ovintiv | 18.09 Bn | 17.20 Bn | 2.83 Bn | 539.00 Mn |
| 9 | Apa | 15.84 Bn | 15.40 Bn | 2.28 Bn | 1.28 Bn |
| 10 | Antero Resources | 12.22 Bn | 11.64 Bn | 1.56 Bn | 365.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.26 Bn |
| Mar 31, 2026 | 1.26 Bn |
| Dec 31, 2025 | 4.91 Bn |
| Sep 30, 2025 | 353.87 Mn |
| Jun 30, 2025 | 2.03 Bn |
| Mar 31, 2025 | 2.16 Bn |
| Dec 31, 2024 | 1.14 Bn |
| Sep 30, 2024 | 2.06 Bn |
| Jun 30, 2024 | 1.65 Bn |
| Mar 31, 2024 | 1.04 Bn |
| Dec 31, 2023 | 2.17 Bn |
| Sep 30, 2023 | 2.35 Bn |
| Jun 30, 2023 | 1.32 Bn |
| Mar 31, 2023 | 1.69 Bn |
| Dec 31, 2022 | 979.81 Mn |
| Sep 30, 2022 | 2.89 Bn |
| Jun 30, 2022 | 3.55 Bn |
| Mar 31, 2022 | 3.22 Bn |
| Dec 31, 2021 | 2.71 Bn |
| Sep 30, 2021 | 2.23 Bn |