Canadian Natural Resources (CNQ) Enterprise Value (2009 - 2026)

Canadian Natural Resources' (CNQ) quarterly Enterprise Value came in at -$589.2 million in Q1 2026, down 809.07% year-on-year from $83.1 million in Q1 2025, and down 22.09% quarter-over-quarter from -$482.6 million in Q4 2025.

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

Canadian Natural Resources has disclosed Enterprise Value across 18 years of filings, most recently posting -$589.2 million for Q1 2026.

  • Enterprise Value for Q1 2026 came in at -$589.2 million, down 809.07% year-over-year; the trailing twelve-month figure through Mar 2026 was -$589.2 million (down 809.07% YoY), and the FY2025 annual result was -$481.7 million, down 403.42% from the prior year.
  • Enterprise Value came in at -$589.2 million for Q1 2026 at Canadian Natural Resources, down from -$482.6 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$64.8 million in Q1 2025 to a low of -$1.0 billion in Q4 2022.
  • The 5-year median for Enterprise Value is -$482.6 million (2025), against an average of -$512.4 million.
  • Across the five-year window, Enterprise Value surged 93.61% in 2025 and tumbled 809.07% in 2026, its largest moves.
  • Canadian Natural Resources' Enterprise Value stood at -$1.0 billion in 2022, then increased by 0.93% to -$1.0 billion in 2023, then soared by 90.89% to -$93.8 million in 2024, then plunged by 414.63% to -$482.6 million in 2025, then dropped by 22.09% to -$589.2 million in 2026.
  • The last three Enterprise Value figures came in at -$589.2 million (Q1 2026), -$482.6 million (Q4 2025), and -$82.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -5.94 Bn
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -589.20 Mn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn -6.36 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - -3.85 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn -3.18 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 6.17 Bn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -615.14 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 3.34 Bn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -191.30 Mn
10 Devon Energy 27.08 Bn 27.08 Bn 3.61 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -589.20 Mn
Dec 31, 2025 -482.60 Mn
Sep 30, 2025 -82.11 Mn
Jun 30, 2025 -73.61 Mn
Mar 31, 2025 -64.81 Mn
Dec 31, 2024 -93.78 Mn
Sep 30, 2024 -528.53 Mn
Jun 30, 2024 -668.99 Mn
Mar 31, 2024 -1.01 Bn
Dec 31, 2023 -1.03 Bn
Sep 30, 2023 -514.69 Mn
Jun 30, 2023 -480.92 Mn
Mar 31, 2023 -426.07 Mn
Dec 31, 2022 -1.04 Bn
Sep 30, 2022 -742.21 Mn
Jun 30, 2022 -470.60 Mn
Mar 31, 2022 -408.16 Mn
Dec 31, 2021 -835.38 Mn
Sep 30, 2021 -953.29 Mn
Jun 30, 2021 -518.22 Mn