Canadian Natural Resources (CNQ) Inventory (2010 - 2026)
Canadian Natural Resources (CNQ) reported Inventory of $2.1 billion for Q1 2026, up 13.53% on a YoY basis from $1.9 billion in Q1 2025, and up 13.33% sequentially from $1.9 billion in Q4 2025.
Canadian Natural Resources (CNQ) Inventory (2010 - 2026) Analysis & Trends
Canadian Natural Resources (CNQ) has 17 years of Inventory data on file, last reported at $2.1 billion in Q1 2026.
- For the quarter ending Q1 2026, Inventory rose 13.53% year-over-year to $2.1 billion; the trailing twelve-month figure through Mar 2026 stood at $2.1 billion (up 13.53% YoY), and the FY2025 full-year result was $1.9 billion, down 8.04% from the prior year.
- Inventory rose to $2.1 billion in Q1 2026, from $1.9 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.
- A 5-year average of $1.7 billion and a median of $1.7 billion in 2024 frame the typical range for Inventory.
- Across the five-year window, Inventory soared 55.76% in 2022 and fell 6.0% in 2025, its largest moves.
- Tracing CNQ's Inventory over 5 years: stood at $1.3 billion in 2022, then rose by 11.74% to $1.5 billion in 2023, then jumped by 33.82% to $2.0 billion in 2024, then retreated by 6.0% to $1.9 billion in 2025, then grew by 13.33% to $2.1 billion in 2026.
- Business Quant data shows CNQ's Inventory at $2.1 billion in Q1 2026, $1.9 billion in Q4 2025, and $2.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 1.91 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 955.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 79.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 693.00 Mn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 1.86 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | - |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 319.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | - |
| 10 | Canadian Natural Resources | 13.17 Bn | 12.58 Bn | 6.72 Bn | 2.13 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 987.62 Mn |