Canadian Natural Resources (CNQ) Enterprise Value (2010 - 2026)
Canadian Natural Resources (CNQ) reported Enterprise Value of $94.78 billion for Q3 2026, up 41.2% from $67.13 billion a year earlier and up 17.9% from the prior quarter.
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Analysis
Canadian Natural Resources (CNQ) Enterprise Value (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Canadian Natural Resources' Enterprise Value came in at $91.86 billion, up 37.3% year-over-year; for FY2025, it came in at $69.97 billion, up 7.9% from FY2024.
- Enterprise Value has a five-year compound annual growth rate of 20.3% (FY2020 to FY2025).
- By year, Enterprise Value came in at $64.83 billion in FY2024 (-6.9%), $69.6 billion in FY2023 (+15.0%), $60.54 billion in FY2022 (+26.7%) and $47.76 billion in FY2021 (+72.1%).
- Five-year quarterly Enterprise Value spans a low of $47.76 billion in Q4 2021 and a high of $100.86 billion in Q1 2026.
- Year over year, Enterprise Value has now increased in each of the last four quarters, with growth averaging 10.2% over the last eight quarters.
- The high point for year-over-year Enterprise Value in five years was Q1 2022 (growth of 98.5%); the low point was Q1 2025 (a decline of 20.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $80.38 billion (Q2 2026), $100.86 billion (Q1 2026) and $69.97 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn |
| 10 | Suncor Energy | 83.45 Bn | 69.02 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 94.78 Bn |
| Jun 30, 2026 | 80.38 Bn |
| Mar 31, 2026 | 100.86 Bn |
| Dec 31, 2025 | 69.97 Bn |
| Sep 30, 2025 | 67.13 Bn |
| Jun 30, 2025 | 65.96 Bn |
| Mar 31, 2025 | 64.71 Bn |
| Dec 31, 2024 | 64.83 Bn |
| Sep 30, 2024 | 70.70 Bn |
| Jun 30, 2024 | 75.69 Bn |
| Mar 31, 2024 | 81.28 Bn |
| Dec 31, 2023 | 69.60 Bn |
| Sep 30, 2023 | 71.20 Bn |
| Jun 30, 2023 | 61.94 Bn |
| Mar 31, 2023 | 60.95 Bn |
| Dec 31, 2022 | 60.54 Bn |
| Sep 30, 2022 | 53.99 Bn |
| Jun 30, 2022 | 61.25 Bn |
| Mar 31, 2022 | 70.82 Bn |
| Dec 31, 2021 | 47.76 Bn |
API Access
Canadian Natural Resources Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "CNQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();