Canadian Natural Resources (CNQ) Interest Expenses (2010 - 2026)
Canadian Natural Resources' (CNQ) quarterly Interest Expenses came in at $172.1 million in Q2 2026, little changed year-over-year from $171.8 million in Q2 2025, and down 25.8% quarter-over-quarter from $231.9 million in Q1 2026.
Analysis
Canadian Natural Resources (CNQ) Interest Expenses (2010 - 2026) Analysis & Trends
Canadian Natural Resources has disclosed Interest Expenses across 17 years of filings, most recently posting $172.1 million for Q2 2026.
- In Q2 2026, Interest Expenses changed 0.17% year-over-year to $172.1 million; the TTM figure through Jun 2026 stood at $647.2 million (up 14.32% YoY), while the FY2025 annual figure was $596.9 million, up 40.85% from the prior year.
- Interest Expenses came in at $172.1 million for Q2 2026 at Canadian Natural Resources, down from $231.9 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $231.9 million in Q1 2026 to a low of $56.0 million in Q4 2022.
- Average Interest Expenses over 5 years is $129.3 million, with a median of $120.5 million recorded in 2024.
- Year-over-year, Interest Expenses sank 58.73% in 2022 and surged 75.57% in 2025.
- Over 5 years, Interest Expenses stood at $56.0 million in 2022, then soared by 53.49% to $85.9 million in 2023, then advanced by 18.28% to $101.7 million in 2024, then jumped by 72.83% to $175.7 million in 2025, then retreated by 2.07% to $172.1 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $172.1 million in Q2 2026, $231.9 million in Q1 2026, and $175.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 182.00 Mn |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 172.06 Mn |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | 67.00 Mn |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 144.00 Mn |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 43.00 Mn |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | 59.65 Mn |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 100.00 Mn |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 58.00 Mn |
| 10 | Antero Resources | 12.13 Bn | 11.56 Bn | 1.56 Bn | - |
Historic Data
Download Data
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 |