Canadian Natural Resources (CNQ) Inventory (2010 - 2026)
Canadian Natural Resources' (CNQ) quarterly Inventory came in at $2.0 billion in Q2 2026, up 4.79% year-over-year from $1.9 billion in Q2 2025, and down 5.31% quarter-over-quarter from $2.1 billion in Q1 2026.
Analysis
Canadian Natural Resources (CNQ) Inventory (2010 - 2026) Analysis & Trends
Canadian Natural Resources has disclosed Inventory across 17 years of filings, most recently posting $2.0 billion for Q2 2026.
- In Q2 2026, Inventory rose 4.79% year-over-year to $2.0 billion; the TTM figure through Jun 2026 stood at $2.0 billion (up 4.79% YoY), while the FY2025 annual figure was $1.9 billion, down 6.17% from the prior year.
- Inventory came in at $2.0 billion for Q2 2026 at Canadian Natural Resources, down from $2.1 billion in the prior quarter.
- In the past five years, Inventory ranged from a high of $2.1 billion in Q1 2026 to a low of $1.3 billion in Q4 2022.
- Average Inventory over 5 years is $1.7 billion, with a median of $1.8 billion recorded in 2024.
- Year-over-year, Inventory jumped 55.76% in 2022 and retreated 6.0% in 2025.
- Over 5 years, Inventory stood at $1.3 billion in 2022, then gained by 11.74% to $1.5 billion in 2023, then surged by 33.82% to $2.0 billion in 2024, then decreased by 6.0% to $1.9 billion in 2025, then gained by 7.31% to $2.0 billion in 2026.
- Per Business Quant data, the three most recent Inventory figures were $2.0 billion in Q2 2026, $2.1 billion in Q1 2026, and $1.9 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 161.33 Bn | 153.64 Bn | 12.81 Bn | 1.88 Bn |
| 2 | Canadian Natural Resources | 104.99 Bn | 103.10 Bn | 8.84 Bn | 2.02 Bn |
| 3 | Eog Resources | 76.13 Bn | 71.22 Bn | - | 930.00 Mn |
| 4 | Diamondback Energy | 55.89 Bn | 61.52 Bn | 5.55 Bn | 67.00 Mn |
| 5 | Devon Energy | 52.87 Bn | 51.86 Bn | 6.02 Bn | 356.00 Mn |
| 6 | Expand Energy | 22.67 Bn | 21.40 Bn | 2.33 Bn | - |
| 7 | Permian Resources | 19.56 Bn | 19.30 Bn | - | - |
| 8 | Ovintiv | 17.91 Bn | 17.03 Bn | 2.83 Bn | - |
| 9 | Apa | 14.98 Bn | 15.46 Bn | 2.28 Bn | - |
| 10 | Antero Resources | 12.17 Bn | 11.60 Bn | 1.56 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.02 Bn |
| Mar 31, 2026 | 2.13 Bn |
| Dec 31, 2025 | 1.88 Bn |
| Sep 30, 2025 | 2.01 Bn |
| Jun 30, 2025 | 1.92 Bn |
| Mar 31, 2025 | 1.88 Bn |
| Dec 31, 2024 | 2.00 Bn |
| Sep 30, 2024 | 1.86 Bn |
| Jun 30, 2024 | 1.82 Bn |
| Mar 31, 2024 | 1.71 Bn |
| Dec 31, 2023 | 1.49 Bn |
| Sep 30, 2023 | 1.62 Bn |
| Jun 30, 2023 | 1.46 Bn |
| Mar 31, 2023 | 1.42 Bn |
| Dec 31, 2022 | 1.34 Bn |
| Sep 30, 2022 | 1.41 Bn |
| Jun 30, 2022 | 1.50 Bn |
| Mar 31, 2022 | 1.34 Bn |
| Dec 31, 2021 | 1.23 Bn |
| Sep 30, 2021 | 981.10 Mn |