Canadian Natural Resources (CNQ) Long-Term Investments (2015 - 2024)
Canadian Natural Resources (CNQ) reported Long-Term Investments of $445.27 million for the quarter ended Mar 31, 2024, up 24.4% from $358.01 million a year earlier and up 15.5% from the prior quarter.
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Analysis
Canadian Natural Resources (CNQ) Long-Term Investments (2015 - 2024) Analysis & Trends
As of Dec 31, 2023, Canadian Natural Resources posted Long-Term Investments of $389.11 million, up 3.0% from the prior year.
- Long-Term Investments has increased for three consecutive years, though with a five-year compound annual growth rate of -0.8% (years ended Dec 2018 to Dec 2023).
- By year, Long-Term Investments came in at $377.66 million in the year ended Dec 31, 2022 (+53.2%), $246.57 million in the year ended Dec 31, 2021 (+8.3%), $227.68 million in the year ended Dec 31, 2020 (-38.3%) and $369.3 million in the year ended Dec 31, 2019 (-8.7%).
- The figure for the quarter ended Mar 31, 2024 ranks as the highest quarterly Long-Term Investments since the quarter ended Sep 30, 2018.
- Year over year, Long-Term Investments has now increased in each of the last seven quarters, with growth averaging 21.1% over the last eight quarters.
- The high point for year-over-year Long-Term Investments in five years was the quarter ended Mar 31, 2021 (growth of 101.4%); the low point was the quarter ended Mar 31, 2020 (a decline of 59.9%).
- Per Business Quant data, the three quarters before the quarter ended Mar 31, 2024 came in at $385.63 million (quarter ended Dec 31, 2023), $421.45 million (quarter ended Sep 30, 2023) and $390.09 million (quarter ended Jun 30, 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 746.42 Bn | 702.90 Bn | - | 45.61 Bn |
| 2 | Chevron | 442.96 Bn | 415.08 Bn | 33.45 Bn | 42.35 Bn |
| 3 | Shell | 313.69 Bn | 243.43 Bn | 30.13 Bn | 28.00 Bn |
| 4 | TotalEnergies SE | 200.00 Bn | 80.58 Bn | 61.77 Bn | 2.10 Bn |
| 5 | Conocophillips | 177.72 Bn | 150.43 Bn | 12.81 Bn | 10.35 Bn |
| 6 | Equinor Asa | 121.70 Bn | 36.16 Bn | - | 8.19 Bn |
| 7 | Phillips 66 | 117.59 Bn | 105.38 Bn | 8.38 Bn | 12.35 Bn |
| 8 | Canadian Natural Resources | 112.49 Bn | 109.50 Bn | 8.84 Bn | - |
| 9 | Suncor Energy | 94.96 Bn | 80.71 Bn | - | - |
| 10 | Eni Spa | 89.38 Bn | 33.94 Bn | - | 20.27 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 443.26 Mn |
| Dec 31, 2023 | 396.84 Mn |
| Sep 30, 2023 | 418.80 Mn |
| Jun 30, 2023 | 395.47 Mn |
| Mar 31, 2023 | 357.94 Mn |
| Dec 31, 2022 | 362.31 Mn |
| Sep 30, 2022 | 294.71 Mn |
| Jun 30, 2022 | 284.86 Mn |
| Mar 31, 2022 | 314.04 Mn |
| Dec 31, 2021 | 242.46 Mn |
| Sep 30, 2021 | 239.93 Mn |
| Jun 30, 2021 | 378.34 Mn |
| Mar 31, 2021 | 334.37 Mn |
| Dec 31, 2020 | 239.20 Mn |
| Sep 30, 2020 | 203.23 Mn |
| Jun 30, 2020 | 201.37 Mn |
| Mar 31, 2020 | 156.57 Mn |
| Dec 31, 2019 | 375.17 Mn |
| Sep 30, 2019 | 428.41 Mn |
| Jun 30, 2019 | 417.74 Mn |
API Access
Canadian Natural Resources Long-Term Investments 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=long-term-investments&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "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=long-term-investments&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();