Canadian Natural Resources CNQ
NYSE CNQ
$51.40 +0.37 (+0.73%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

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

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

Canadian Natural Resources has reported Invested Capital for 18 years, with the latest figure at $321.6 million in Q1 2026.

  • Quarterly Invested Capital fell 67.71% year-over-year to $321.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $13.8 billion (down 14.92% YoY) and the FY2025 annual result came in at $11.9 billion, down 13.48% from the prior year.
  • Invested Capital eased to $321.6 million in Q1 2026 per CNQ's latest filing, from $11.9 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $13.5 billion in Q4 2024 and troughed at $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.
  • The sharpest annual moves came in 2024 and 2026: Invested Capital soared 82.95% in 2024, then tumbled 67.71% in 2026.
  • Over 5 years, Invested Capital stood at $8.4 billion in 2022, then declined by 5.92% to $7.9 billion in 2023, then jumped by 69.83% to $13.5 billion in 2024, then decreased by 11.55% to $11.9 billion in 2025, then tumbled by 97.3% to $321.6 million in 2026.
  • According to Business Quant data, Invested Capital over the past three periods registered $321.6 million, $11.9 billion, and $602.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Conocophillips 164.44 Bn 156.75 Bn 12.81 Bn 462.00 Mn
2 Canadian Natural Resources 106.98 Bn 105.09 Bn 10.66 Bn 1.60 Bn
3 Eog Resources 80.47 Bn 75.56 Bn - 27.00 Mn
4 Diamondback Energy 59.28 Bn 58.82 Bn 5.55 Bn 1.55 Bn
5 Woodside Energy 46.13 Bn 40.18 Bn 6.02 Bn 1.50 Bn
6 Devon Energy 46.12 Bn 45.11 Bn 6.02 Bn 1.50 Bn
7 Occidental Petroleum 39.25 Bn 35.10 Bn 7.73 Bn 203.00 Mn
8 Eqt 33.67 Bn 33.56 Bn 1.42 Bn 114.96 Mn
9 Texas Pacific Land 26.50 Bn 26.25 Bn - -
10 Expand Energy 22.89 Bn 21.63 Bn 2.33 Bn -

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