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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 742.51 Bn | 698.99 Bn | - | 22.36 Bn |
| 2 | Chevron | 445.06 Bn | 417.18 Bn | 33.45 Bn | 10.52 Bn |
| 3 | Shell | 310.78 Bn | 240.53 Bn | 30.13 Bn | 26.64 Bn |
| 4 | TotalEnergies SE | 197.34 Bn | 77.92 Bn | 61.77 Bn | 21.37 Bn |
| 5 | Conocophillips | 177.35 Bn | 150.05 Bn | 12.81 Bn | 1.88 Bn |
| 6 | Equinor Asa | 118.67 Bn | 33.12 Bn | - | 2.92 Bn |
| 7 | Phillips 66 | 116.93 Bn | 104.72 Bn | 8.38 Bn | 5.92 Bn |
| 8 | Canadian Natural Resources | 113.22 Bn | 110.23 Bn | 8.84 Bn | 1.96 Bn |
| 9 | Suncor Energy | 95.47 Bn | 81.22 Bn | - | 6.45 Bn |
| 10 | Eni Spa | 89.01 Bn | 33.57 Bn | - | 7.32 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.96 Bn |
| Mar 31, 2026 | 2.10 Bn |
| Dec 31, 2025 | 1.91 Bn |
| Sep 30, 2025 | 1.99 Bn |
| Jun 30, 2025 | 1.95 Bn |
| Mar 31, 2025 | 1.88 Bn |
| Dec 31, 2024 | 1.95 Bn |
| Sep 30, 2024 | 1.87 Bn |
| Jun 30, 2024 | 1.81 Bn |
| Mar 31, 2024 | 1.70 Bn |
| Dec 31, 2023 | 1.54 Bn |
| Sep 30, 2023 | 1.61 Bn |
| Jun 30, 2023 | 1.48 Bn |
| Mar 31, 2023 | 1.42 Bn |
| Dec 31, 2022 | 1.34 Bn |
| Sep 30, 2022 | 1.34 Bn |
| Jun 30, 2022 | 1.49 Bn |
| Mar 31, 2022 | 1.36 Bn |
| Dec 31, 2021 | 1.21 Bn |
| Sep 30, 2021 | 968.34 Mn |
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_KEY
import 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();