Canadian Natural Resources (CNQ) Interest Expenses (2009 - 2026)

Canadian Natural Resources (CNQ) reported Interest Expenses of $146.6 million for Q1 2026, down 18.17% on a YoY basis from $179.1 million in Q1 2025, and down 31.64% sequentially from $214.4 million in Q4 2025.

Canadian Natural Resources (CNQ) Interest Expenses (2009 - 2026) Analysis & Trends

Canadian Natural Resources (CNQ) has 18 years of Interest Expenses data on file, last reported at $146.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses fell 18.17% year-over-year to $146.6 million; the trailing twelve-month figure through Mar 2026 stood at $145.5 million (down 74.09% YoY), and the FY2025 full-year result was $743.6 million, up 51.28% from the prior year.
  • Interest Expenses slipped to $146.6 million in Q1 2026, from $214.4 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $214.4 million in Q4 2025 to a low of -$433.9 million in Q4 2022.
  • A 5-year average of $61.8 million and a median of $134.3 million in 2024 frame the typical range for Interest Expenses.
  • Across the five-year window, Interest Expenses surged 227.14% in 2024 and slumped 403.07% in 2025, its largest moves.
  • Tracing CNQ's Interest Expenses over 5 years: stood at -$433.9 million in 2022, then soared by 70.55% to -$127.8 million in 2023, then soared by 227.14% to $162.5 million in 2024, then surged by 31.95% to $214.4 million in 2025, then sank by 31.64% to $146.6 million in 2026.
  • Business Quant data shows CNQ's Interest Expenses at $146.6 million in Q1 2026, $214.4 million in Q4 2025, and -$386.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 296.00 Mn
2 Eog Resources 74.61 Bn 70.76 Bn - 82.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 95.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 432.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 75.45 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 2.34 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 152.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 100.00 Mn
10 Canadian Natural Resources 13.17 Bn 12.58 Bn 6.72 Bn 146.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 146.57 Mn
Mar 31, 2026 146.57 Mn
Dec 31, 2025 214.41 Mn
Dec 31, 2025 214.41 Mn
Sep 30, 2025 -386.57 Mn
Sep 30, 2025 -386.57 Mn
Jun 30, 2025 171.05 Mn
Jun 30, 2025 171.05 Mn
Mar 31, 2025 179.11 Mn
Mar 31, 2025 179.11 Mn
Dec 31, 2024 162.50 Mn
Dec 31, 2024 162.50 Mn
Sep 30, 2024 127.55 Mn
Sep 30, 2024 127.55 Mn
Jun 30, 2024 92.12 Mn
Jun 30, 2024 92.12 Mn
Mar 31, 2024 134.32 Mn
Mar 31, 2024 134.32 Mn
Dec 31, 2023 -127.81 Mn
Dec 31, 2023 -127.81 Mn