Canadian Natural Resources (CNQ) Long-Term Investments (2015 - 2024)
Canadian Natural Resources' (CNQ) quarterly Long-Term Investments came in at $621.0 million in Q3 2024, down 27.79% year-over-year from $860.0 million in Q4 2023, and down 11.03% quarter-over-quarter from $698.0 million in Q2 2024.
Canadian Natural Resources (CNQ) Long-Term Investments (2015 - 2024) Analysis & Trends
Canadian Natural Resources has disclosed Long-Term Investments across 10 years of filings, most recently posting $621.0 million for Q3 2024.
- In Q3 2024, Long-Term Investments fell 27.79% year-over-year to $621.0 million; the TTM figure through Sep 2024 stood at $621.0 million (down 27.79% YoY), while the FY2024 annual figure was $620.0 million, down 20.51% from the prior year.
- Long-Term Investments came in at $621.0 million for Q3 2024 at Canadian Natural Resources, down from $698.0 million in the prior quarter.
- In the past five years, Long-Term Investments ranged from a high of $860.0 million in Q3 2023 to a low of $165.6 million in Q1 2020.
- Average Long-Term Investments over 5 years is $427.2 million, with a median of $333.4 million recorded in 2021.
- Year-over-year, Long-Term Investments plunged 59.89% in 2020 and surged 178.32% in 2023.
- Over 5 years, Long-Term Investments stood at $234.0 million in 2020, then rose by 4.78% to $245.1 million in 2021, then soared by 47.56% to $361.7 million in 2022, then advanced by 6.61% to $385.6 million in 2023, then jumped by 61.03% to $621.0 million in 2024.
- Per Business Quant data, the three most recent Long-Term Investments figures were $621.0 million in Q3 2024, $698.0 million in Q2 2024, and $859.0 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 153.22 Bn | 145.53 Bn | 12.81 Bn | 10.35 Bn |
| 2 | Canadian Natural Resources | 100.56 Bn | 98.67 Bn | 8.84 Bn | - |
| 3 | Eog Resources | 74.16 Bn | 69.25 Bn | - | - |
| 4 | Diamondback Energy | 53.10 Bn | 58.73 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 52.37 Bn | 51.36 Bn | 6.02 Bn | 992.00 Mn |
| 6 | Expand Energy | 20.29 Bn | 19.03 Bn | 2.33 Bn | 113.00 Mn |
| 7 | Permian Resources | 18.41 Bn | 18.15 Bn | - | - |
| 8 | Ovintiv | 16.64 Bn | 15.76 Bn | 2.83 Bn | 185.00 Mn |
| 9 | Apa | 15.35 Bn | 15.83 Bn | 2.28 Bn | - |
| 10 | Antero Resources | 10.48 Bn | 9.91 Bn | 1.56 Bn | 259.31 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 621.00 Mn |
| Jun 30, 2024 | 698.00 Mn |
| Mar 31, 2024 | 859.00 Mn |
| Dec 31, 2023 | 385.63 Mn |
| Sep 30, 2023 | 860.00 Mn |
| Jun 30, 2023 | 667.00 Mn |
| Mar 31, 2023 | 752.00 Mn |
| Dec 31, 2022 | 361.72 Mn |
| Sep 30, 2022 | 309.00 Mn |
| Jun 30, 2022 | 287.85 Mn |
| Mar 31, 2022 | 309.47 Mn |
| Dec 31, 2021 | 245.14 Mn |
| Sep 30, 2021 | 243.09 Mn |
| Jun 30, 2021 | 381.54 Mn |
| Mar 31, 2021 | 333.42 Mn |
| Dec 31, 2020 | 233.95 Mn |
| Sep 30, 2020 | 204.12 Mn |
| Jun 30, 2020 | 198.33 Mn |
| Mar 31, 2020 | 165.59 Mn |
| Dec 31, 2019 | 371.17 Mn |
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_KEY
import 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();