Canadian Natural Resources (CNQ) Inventory Average (2010 - 2026)
Canadian Natural Resources (CNQ) reported Inventory Average of $2.0 billion for Q1 2026, up 3.46% on a YoY basis from $1.9 billion in Q1 2025, and up 3.03% sequentially from $1.9 billion in Q4 2025.
Canadian Natural Resources (CNQ) Inventory Average (2010 - 2026) Analysis & Trends
Canadian Natural Resources (CNQ) has 17 years of Inventory Average data on file, last reported at $2.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Inventory Average rose 3.46% year-over-year to $2.0 billion; the trailing twelve-month figure through Mar 2026 stood at $2.0 billion (up 3.46% YoY), and the FY2025 full-year result was $2.0 billion, up 10.38% from the prior year.
- Inventory Average grew to $2.0 billion in Q1 2026, from $1.9 billion in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $2.0 billion in Q1 2026 to a low of $1.3 billion in Q1 2022.
- A 5-year average of $1.7 billion and a median of $1.6 billion in 2024 frame the typical range for Inventory Average.
- Across the five-year window, Inventory Average jumped 53.88% in 2022 and increased 0.95% in 2025, its largest moves.
- Tracing CNQ's Inventory Average over 5 years: stood at $1.4 billion in 2022, then advanced by 13.51% to $1.6 billion in 2023, then climbed by 23.72% to $1.9 billion in 2024, then increased by 0.95% to $1.9 billion in 2025, then advanced by 3.03% to $2.0 billion in 2026.
- Business Quant data shows CNQ's Inventory Average at $2.0 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 Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 1.89 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 984.50 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 82.50 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 | 1.84 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 | 327.50 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 | 2.00 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.00 Bn |
| Dec 31, 2025 | 1.95 Bn |
| Sep 30, 2025 | 1.97 Bn |
| Jun 30, 2025 | 1.90 Bn |
| Mar 31, 2025 | 1.94 Bn |
| Dec 31, 2024 | 1.93 Bn |
| Sep 30, 2024 | 1.84 Bn |
| Jun 30, 2024 | 1.76 Bn |
| Mar 31, 2024 | 1.60 Bn |
| Dec 31, 2023 | 1.56 Bn |
| Sep 30, 2023 | 1.54 Bn |
| Jun 30, 2023 | 1.44 Bn |
| Mar 31, 2023 | 1.38 Bn |
| Dec 31, 2022 | 1.37 Bn |
| Sep 30, 2022 | 1.46 Bn |
| Jun 30, 2022 | 1.42 Bn |
| Mar 31, 2022 | 1.28 Bn |
| Dec 31, 2021 | 1.10 Bn |
| Sep 30, 2021 | 984.36 Mn |
| Jun 30, 2021 | 923.62 Mn |