Canadian Natural Resources (CNQ) Exchange Rate Effect (2009 - 2026)
Canadian Natural Resources (CNQ) posted Exchange Rate Effect of $207.8 million for Q1 2026, up 133.31% sequentially from -$623.9 million in Q4 2025, and up 204.63% YoY from $68.2 million in Q1 2025.
Canadian Natural Resources (CNQ) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Canadian Natural Resources has reported Exchange Rate Effect for 18 years, with the latest figure at $207.8 million in Q1 2026.
- Quarterly Exchange Rate Effect rose 204.63% year-over-year to $207.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$697.6 million (down 319.66% YoY) and the FY2025 annual result came in at -$622.7 million, down 196.0% from the prior year.
- Exchange Rate Effect improved to $207.8 million in Q1 2026 per CNQ's latest filing, from -$623.9 million in the prior quarter.
- Over five years, Exchange Rate Effect peaked at $635.7 million in Q4 2024 and troughed at -$623.9 million in Q4 2025.
- A 5-year average of $17.9 million and a median of -$11.0 million in 2024 frame the typical range for Exchange Rate Effect.
- The sharpest annual moves came in 2024 and 2025: Exchange Rate Effect soared 9095.96% in 2024, then slumped 4249.84% in 2025.
- Over 5 years, Exchange Rate Effect stood at -$149.6 million in 2022, then dropped by 27.7% to -$191.0 million in 2023, then surged by 432.85% to $635.7 million in 2024, then plunged by 198.14% to -$623.9 million in 2025, then soared by 133.31% to $207.8 million in 2026.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered $207.8 million, -$623.9 million, and $195.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.66 Bn | 155.97 Bn | 12.81 Bn | -34.00 Mn |
| 2 | Canadian Natural Resources | 106.60 Bn | 104.71 Bn | 10.66 Bn | 113.50 Mn |
| 3 | Eog Resources | 80.13 Bn | 75.22 Bn | - | - |
| 4 | Diamondback Energy | 59.29 Bn | 58.82 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.14 Bn | 45.13 Bn | 6.02 Bn | 4.00 Mn |
| 6 | Woodside Energy | 46.12 Bn | 40.17 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.37 Bn | 35.22 Bn | 7.73 Bn | - |
| 8 | Eqt | 34.00 Bn | 33.89 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.46 Bn | 26.22 Bn | - | - |
| 10 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 207.82 Mn |
| Mar 31, 2026 | 207.82 Mn |
| Dec 31, 2025 | -623.87 Mn |
| Dec 31, 2025 | -623.87 Mn |
| Sep 30, 2025 | 195.46 Mn |
| Sep 30, 2025 | 195.46 Mn |
| Jun 30, 2025 | -477.05 Mn |
| Jun 30, 2025 | -477.05 Mn |
| Mar 31, 2025 | -198.62 Mn |
| Mar 31, 2025 | -198.62 Mn |
| Dec 31, 2024 | 635.67 Mn |
| Dec 31, 2024 | 635.67 Mn |
| Sep 30, 2024 | -108.49 Mn |
| Sep 30, 2024 | -108.49 Mn |
| Jun 30, 2024 | -10.97 Mn |
| Jun 30, 2024 | -10.97 Mn |
| Mar 31, 2024 | 199.63 Mn |
| Mar 31, 2024 | 199.63 Mn |
| Dec 31, 2023 | -190.98 Mn |
| Dec 31, 2023 | -190.98 Mn |