Canadian Natural Resources (CNQ) Interest Expenses (2009 - 2026)
Canadian Natural Resources' Interest Expenses was $172.06 million in the quarter ended Jun 30, 2026, up 0.2% from $171.77 million a year earlier but down 25.8% from the prior quarter.
Canadian Natural Resources (CNQ) Interest Expenses (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Canadian Natural Resources' Interest Expenses was $647.21 million through Jun 30, 2026, up 14.3% year-over-year; for the year ended Dec 31, 2025, it came in at $1.19 billion, up 38.0% from the prior year.
- Interest Expenses shows a five-year compound annual growth rate of 1.1% (years ended Dec 2020 to Dec 2025).
- In earlier years, Interest Expenses was $864.79 million in the year ended Dec 31, 2024 (-8.3%), $942.76 million in the year ended Dec 31, 2023 (+11.6%), $844.54 million in the year ended Dec 31, 2022 (-25.6%) and $1.13 billion in the year ended Dec 31, 2021 (+0.5%).
- Quarterly Interest Expenses has moved between $55.99 million (the quarter ended Dec 31, 2022) and $231.89 million (the quarter ended Mar 31, 2026) over five years.
- Compared with a year earlier, Interest Expenses has increased for three straight quarters, with growth averaging 23.2% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was the quarter ended Mar 31, 2025 (growth of 75.6%); the worst was the quarter ended Dec 31, 2022 (a decline of 58.7%).
- Per Business Quant data, CNQ's Interest Expenses in the three quarters before the quarter ended Jun 30, 2026 was $231.89 million (quarter ended Mar 31, 2026), $175.69 million (quarter ended Dec 31, 2025) and $67.58 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 799.00 Mn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 352.00 Mn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | -1.39 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 412.64 Mn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 182.00 Mn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 314.00 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 172.06 Mn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | - |
| 10 | Eog Resources | 72.25 Bn | 56.57 Bn | - | 67.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 172.06 Mn |
| Mar 31, 2026 | 231.89 Mn |
| Dec 31, 2025 | 175.69 Mn |
| Sep 30, 2025 | 67.58 Mn |
| Jun 30, 2025 | 171.77 Mn |
| Mar 31, 2025 | 179.80 Mn |
| Dec 31, 2024 | 101.65 Mn |
| Sep 30, 2024 | 112.89 Mn |
| Jun 30, 2024 | 115.52 Mn |
| Mar 31, 2024 | 102.41 Mn |
| Dec 31, 2023 | 85.94 Mn |
| Sep 30, 2023 | 139.49 Mn |
| Jun 30, 2023 | 132.51 Mn |
| Mar 31, 2023 | 113.91 Mn |
| Dec 31, 2022 | 55.99 Mn |
| Sep 30, 2022 | 115.01 Mn |
| Jun 30, 2022 | 125.49 Mn |
| Mar 31, 2022 | 128.68 Mn |
| Dec 31, 2021 | 135.66 Mn |
| Sep 30, 2021 | 141.40 Mn |
Canadian Natural Resources Interest Expenses 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=interest-expenses&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();