Canadian Natural Resources (CNQ) Exchange Rate Effect (2009 - 2026)
Canadian Natural Resources' (CNQ) quarterly Exchange Rate Effect came in at $113.5 million in Q2 2026, up 123.79% year-over-year from $50.7 million in Q2 2025, and down 45.39% quarter-over-quarter from $207.8 million in Q1 2026.
Analysis
Canadian Natural Resources (CNQ) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Canadian Natural Resources has disclosed Exchange Rate Effect across 18 years of filings, most recently posting $113.5 million for Q2 2026.
- In Q2 2026, Exchange Rate Effect rose 123.79% year-over-year to $113.5 million; the TTM figure through Jun 2026 stood at $378.4 million (up 268.64% YoY), while the FY2025 annual figure was -$622.7 million, down 197.96% from the prior year.
- Exchange Rate Effect came in at $113.5 million for Q2 2026 at Canadian Natural Resources, down from $207.8 million in the prior quarter.
- In the past five years, Exchange Rate Effect ranged from a high of $601.9 million in Q3 2022 to a low of -$477.1 million in Q2 2025.
- Average Exchange Rate Effect over 5 years is $45.3 million, with a median of -$6.6 million recorded in 2023.
- Year-over-year, Exchange Rate Effect surged 9095.96% in 2024 and sank 4249.84% in 2025.
- Over 5 years, Exchange Rate Effect stood at -$149.6 million in 2022, then plunged by 35.56% to -$202.7 million in 2023, then soared by 376.13% to $559.8 million in 2024, then tumbled by 124.72% to -$138.4 million in 2025, then jumped by 182.01% to $113.5 million in 2026.
- Per Business Quant data, the three most recent Exchange Rate Effect figures were $113.5 million in Q2 2026, $207.8 million in Q1 2026, and -$138.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | -34.00 Mn |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | 113.50 Mn |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | - |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 4.00 Mn |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | - |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | - |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | -1.00 Mn |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | - |
| 10 | Antero Resources | 12.12 Bn | 11.55 Bn | 1.56 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 113.50 Mn |
| Mar 31, 2026 | 207.82 Mn |
| Dec 31, 2025 | -138.40 Mn |
| Sep 30, 2025 | 195.46 Mn |
| Jun 30, 2025 | -477.05 Mn |
| Mar 31, 2025 | -198.62 Mn |
| Dec 31, 2024 | 559.79 Mn |
| Sep 30, 2024 | -108.49 Mn |
| Jun 30, 2024 | -10.97 Mn |
| Mar 31, 2024 | 199.63 Mn |
| Dec 31, 2023 | -202.73 Mn |
| Sep 30, 2023 | 186.48 Mn |
| Jun 30, 2023 | -171.97 Mn |
| Mar 31, 2023 | -2.22 Mn |
| Dec 31, 2022 | -149.55 Mn |
| Sep 30, 2022 | 601.90 Mn |
| Jun 30, 2022 | 334.13 Mn |
| Mar 31, 2022 | -123.16 Mn |
| Dec 31, 2021 | -62.67 Mn |
| Sep 30, 2021 | 156.50 Mn |