Canadian Natural Resources (CNQ) EBT Margin (2009 - 2026)
Canadian Natural Resources (CNQ) reported EBT Margin of 16.0% for Q1 2026, down 1231.0% on a YoY basis from 1.42% in Q1 2025, and down 77.54% sequentially from 71.27% in Q4 2025.
Canadian Natural Resources (CNQ) EBT Margin (2009 - 2026) Analysis & Trends
Canadian Natural Resources (CNQ) has 18 years of EBT Margin data on file, last reported at 16.0% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin fell 1231.0% year-over-year to 16.0%; the trailing twelve-month figure through Mar 2026 stood at 30.59% (up 516.0% YoY), and the FY2025 full-year result was 29.98%, up 1056.0% from the prior year.
- EBT Margin retreated to 16.0% in Q1 2026, from 71.27% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 71.27% in Q4 2025 to a low of 5.12% in Q3 2025.
- A 5-year average of 28.38% and a median of 28.31% in 2025 frame the typical range for EBT Margin.
- Peak annual rise in EBT Margin reached 5452 bps in 2025, while the deepest fall reached 2647 bps in 2025.
- Tracing CNQ's EBT Margin over 5 years: stood at 13.73% in 2022, then jumped by 126 bps to 30.96% in 2023, then plunged by 46 bps to 16.75% in 2024, then jumped by 325 bps to 71.27% in 2025, then tumbled by 78 bps to 16.0% in 2026.
- Business Quant data shows CNQ's EBT Margin at 16.0% in Q1 2026, 71.27% in Q4 2025, and 5.12% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 21.34% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 36.92% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 4.15% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 62.57% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 7.46% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 20.24% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 77.51% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 0.62% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 33.86% |
| 10 | Canadian Natural Resources | 13.17 Bn | 12.58 Bn | 6.72 Bn | 16.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.00% |
| Dec 31, 2025 | 71.27% |
| Sep 30, 2025 | 5.12% |
| Jun 30, 2025 | 32.29% |
| Mar 31, 2025 | 28.31% |
| Dec 31, 2024 | 16.75% |
| Sep 30, 2024 | 31.59% |
| Jun 30, 2024 | 24.93% |
| Mar 31, 2024 | 17.08% |
| Dec 31, 2023 | 30.96% |
| Sep 30, 2023 | 31.80% |
| Jun 30, 2023 | 22.46% |
| Mar 31, 2023 | 26.51% |
| Dec 31, 2022 | 13.73% |
| Sep 30, 2022 | 36.00% |
| Jun 30, 2022 | 39.49% |
| Mar 31, 2022 | 38.18% |
| Dec 31, 2021 | 37.01% |
| Sep 30, 2021 | 36.43% |
| Jun 30, 2021 | 30.61% |