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| Date | Value |
|---|---|
| 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 |