Canadian Natural Resources (CNQ) Inventory (2010 - 2026)
Canadian Natural Resources (CNQ) posted Inventory of $2.02 billion for the quarter ended Jun 30, 2026, up 4.8% from $1.92 billion a year earlier but down 5.3% from the prior quarter.
Powered by 
Analysis
Canadian Natural Resources (CNQ) Inventory (2010 - 2026) Analysis & Trends
As of Dec 31, 2025, Canadian Natural Resources' Inventory came in at $1.88 billion, down 8.0% from the prior year.
- Annual Inventory shows a five-year compound annual growth rate of 18.8% (years ended Dec 2020 to Dec 2025).
- In prior years, Canadian Natural Resources' Inventory was $2.04 billion in the year ended Dec 31, 2024 (+35.3%), $1.51 billion in the year ended Dec 31, 2023 (+8.0%), $1.4 billion in the year ended Dec 31, 2022 (+13.0%) and $1.24 billion in the year ended Dec 31, 2021 (+56.1%).
- Quarterly Inventory has run from a low of $981.1 million in the quarter ended Sep 30, 2021 to a high of $2.13 billion in the quarter ended Mar 31, 2026 over five years.
- On a year-over-year basis, Inventory increased in seven of the last eight quarters, with growth averaging 10.6%.
- The strongest year-over-year quarter for Inventory in the past five years was the quarter ended Mar 31, 2022, with growth of 55.8%; the weakest was the quarter ended Dec 31, 2025, with a decline of 6.0%.
- According to Business Quant data, Inventory for the three prior quarters was $2.13 billion (quarter ended Mar 31, 2026), $1.88 billion (quarter ended Dec 31, 2025) and $2.01 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 26.64 Bn |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | 10.52 Bn |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | 21.37 Bn |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | 7.45 Bn |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 1.88 Bn |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | 2.92 Bn |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | 5.92 Bn |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | 2.02 Bn |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 6.45 Bn |
| 10 | Eog Resources | 73.27 Bn | 57.59 Bn | - | 930.00 Mn |
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 |
API Access
Canadian Natural Resources Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "CNQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();