Canadian Natural Resources (CNQ) Invested Capital (2009 - 2026)

Canadian Natural Resources (CNQ) reported Invested Capital of $321.6 million for Q1 2026, down 67.71% on a YoY basis from $995.9 million in Q1 2025, and down 97.3% sequentially from $11.9 billion in Q4 2025.

Canadian Natural Resources (CNQ) Invested Capital (2009 - 2026) Analysis & Trends

Canadian Natural Resources (CNQ) has 18 years of Invested Capital data on file, last reported at $321.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital fell 67.71% year-over-year to $321.6 million; the trailing twelve-month figure through Mar 2026 stood at $13.8 billion (down 14.92% YoY), and the FY2025 full-year result was $11.9 billion, down 13.48% from the prior year.
  • Invested Capital eased to $321.6 million in Q1 2026, from $11.9 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $13.5 billion in Q4 2024 to a low of $321.6 million in Q1 2026.
  • A 5-year average of $3.3 billion and a median of $1.2 billion in 2024 frame the typical range for Invested Capital.
  • Across the five-year window, Invested Capital jumped 82.95% in 2024 and sank 67.71% in 2026, its largest moves.
  • Tracing CNQ's Invested Capital over 5 years: stood at $8.4 billion in 2022, then decreased by 5.92% to $7.9 billion in 2023, then jumped by 69.83% to $13.5 billion in 2024, then declined by 11.55% to $11.9 billion in 2025, then plunged by 97.3% to $321.6 million in 2026.
  • Business Quant data shows CNQ's Invested Capital at $321.6 million in Q1 2026, $11.9 billion in Q4 2025, and $602.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 1.07 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 27.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 749.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 1.50 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 424.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 114.96 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 999.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 875.00 Mn
10 Canadian Natural Resources 13.17 Bn 12.58 Bn 6.72 Bn 321.58 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 321.58 Mn
Dec 31, 2025 11.92 Bn
Sep 30, 2025 602.38 Mn
Jun 30, 2025 988.75 Mn
Mar 31, 2025 995.89 Mn
Dec 31, 2024 13.47 Bn
Sep 30, 2024 1.19 Bn
Jun 30, 2024 599.54 Mn
Mar 31, 2024 1.34 Bn
Dec 31, 2023 7.93 Bn
Sep 30, 2023 1.20 Bn
Jun 30, 2023 1.73 Bn
Mar 31, 2023 733.78 Mn
Dec 31, 2022 8.43 Bn
Sep 30, 2022 1.05 Bn
Jun 30, 2022 1.01 Bn
Mar 31, 2022 2.16 Bn
Dec 31, 2021 11.66 Bn
Sep 30, 2021 794.41 Mn
Jun 30, 2021 1.87 Bn