Canadian Natural Resources (CNQ) Gross Profit (2009 - 2026)
Canadian Natural Resources (CNQ) posted Gross Profit of $7.9 billion for Q1 2026, up 14.4% sequentially from $6.9 billion in Q4 2025, and up 3.4% YoY from $7.6 billion in Q1 2025.
Canadian Natural Resources (CNQ) Gross Profit (2009 - 2026) Analysis & Trends
Canadian Natural Resources has reported Gross Profit for 18 years, with the latest figure at $7.9 billion in Q1 2026.
- Quarterly Gross Profit rose 3.4% year-over-year to $7.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $26.1 billion (up 8.24% YoY) and the FY2025 annual result came in at $27.7 billion, up 6.53% from the prior year.
- Gross Profit advanced to $7.9 billion in Q1 2026 per CNQ's latest filing, from $6.9 billion in the prior quarter.
- Over five years, Gross Profit peaked at $9.0 billion in Q2 2022 and troughed at $5.4 billion in Q3 2024.
- A 5-year average of $6.8 billion and a median of $6.9 billion in 2025 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2022 and 2023: Gross Profit soared 69.55% in 2022, then sank 34.74% in 2023.
- Over 5 years, Gross Profit stood at $7.1 billion in 2022, then fell by 1.69% to $7.0 billion in 2023, then retreated by 19.69% to $5.6 billion in 2024, then gained by 22.28% to $6.9 billion in 2025, then grew by 14.4% to $7.9 billion in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $7.9 billion, $6.9 billion, and $5.8 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.88 Bn |
| Mar 31, 2026 | 7.88 Bn |
| Dec 31, 2025 | 6.89 Bn |
| Dec 31, 2025 | 6.89 Bn |
| Sep 30, 2025 | 5.79 Bn |
| Sep 30, 2025 | 5.79 Bn |
| Jun 30, 2025 | 5.57 Bn |
| Jun 30, 2025 | 5.57 Bn |
| Mar 31, 2025 | 7.62 Bn |
| Mar 31, 2025 | 7.62 Bn |
| Dec 31, 2024 | 5.64 Bn |
| Dec 31, 2024 | 5.64 Bn |
| Sep 30, 2024 | 5.41 Bn |
| Sep 30, 2024 | 5.41 Bn |
| Jun 30, 2024 | 5.47 Bn |
| Jun 30, 2024 | 5.47 Bn |
| Mar 31, 2024 | 6.12 Bn |
| Mar 31, 2024 | 6.12 Bn |
| Dec 31, 2023 | 7.02 Bn |
| Dec 31, 2023 | 7.02 Bn |