Canadian Natural Resources (CNQ) Interest Expenses (2009 - 2026)
Canadian Natural Resources (CNQ) posted Interest Expenses of $146.6 million for Q1 2026, down 14.12% sequentially from $170.7 million in Q4 2025, and down 18.17% YoY from $179.1 million in Q1 2025.
Canadian Natural Resources (CNQ) Interest Expenses (2009 - 2026) Analysis & Trends
Canadian Natural Resources has reported Interest Expenses for 18 years, with the latest figure at $146.6 million in Q1 2026.
- Quarterly Interest Expenses fell 18.17% year-over-year to $146.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $667.0 million (up 40.74% YoY) and the FY2025 annual result came in at $743.6 million, up 51.28% from the prior year.
- Interest Expenses slipped to $146.6 million in Q1 2026 per CNQ's latest filing, from $170.7 million in the prior quarter.
- Over five years, Interest Expenses peaked at $179.1 million in Q1 2025 and troughed at $75.2 million in Q4 2024.
- A 5-year average of $129.1 million and a median of $134.3 million in 2024 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2022 and 2025: Interest Expenses fell 19.2% in 2022, then soared 127.06% in 2025.
- Over 5 years, Interest Expenses stood at $96.5 million in 2022, then retreated by 14.76% to $82.3 million in 2023, then decreased by 8.63% to $75.2 million in 2024, then jumped by 127.06% to $170.7 million in 2025, then declined by 14.12% to $146.6 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $146.6 million, $170.7 million, and $178.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 182.00 Mn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 172.06 Mn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 67.00 Mn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 144.00 Mn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 108.00 Mn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 75.45 Mn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 973,000.00 |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 43.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 146.57 Mn |
| Mar 31, 2026 | 146.57 Mn |
| Dec 31, 2025 | 170.67 Mn |
| Dec 31, 2025 | 170.67 Mn |
| Sep 30, 2025 | 178.75 Mn |
| Sep 30, 2025 | 178.75 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 | 75.16 Mn |
| Dec 31, 2024 | 75.16 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 | 82.27 Mn |
| Dec 31, 2023 | 82.27 Mn |