Canadian Natural Resources (CNQ) Market Capitalization (2010 - 2026)
Canadian Natural Resources (CNQ) posted Market Capitalization of $82.22 billion for the quarter ended Jun 30, 2026, up 24.5% from $66.03 billion a year earlier but down 18.9% from the prior quarter.
Canadian Natural Resources (CNQ) Market Capitalization (2010 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Canadian Natural Resources' Market Capitalization came in at $70.46 billion, up 8.5% from the prior year.
- Annual Market Capitalization shows a five-year compound annual growth rate of 20.4% (years ended Dec 2020 to Dec 2025).
- In prior years, Canadian Natural Resources' Market Capitalization was $64.92 billion in the year ended Dec 31, 2024 (-7.6%), $70.26 billion in the year ended Dec 31, 2023 (+14.8%), $61.22 billion in the year ended Dec 31, 2022 (+26.6%) and $48.35 billion in the year ended Dec 31, 2021 (+73.3%).
- Quarterly Market Capitalization has run from a low of $42.36 billion in the quarter ended Sep 30, 2021 to a high of $101.44 billion in the quarter ended Mar 31, 2026 over five years.
- On a year-over-year basis, Market Capitalization has increased in each of the last three quarters, with growth averaging 5.2% over the last eight quarters.
- The strongest year-over-year quarter for Market Capitalization in the past five years was the quarter ended Sep 30, 2021, with growth of 127.6%; the weakest was the quarter ended Mar 31, 2025, with a decline of 20.9%.
- According to Business Quant data, Market Capitalization for the three prior quarters was $101.44 billion (quarter ended Mar 31, 2026), $70.46 billion (quarter ended Dec 31, 2025) and $67.21 billion (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - |
| 10 | Eog Resources | 72.25 Bn | 56.57 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82.22 Bn |
| Mar 31, 2026 | 101.44 Bn |
| Dec 31, 2025 | 70.46 Bn |
| Sep 30, 2025 | 67.21 Bn |
| Jun 30, 2025 | 66.03 Bn |
| Mar 31, 2025 | 64.77 Bn |
| Dec 31, 2024 | 64.92 Bn |
| Sep 30, 2024 | 71.23 Bn |
| Jun 30, 2024 | 76.36 Bn |
| Mar 31, 2024 | 81.85 Bn |
| Dec 31, 2023 | 70.26 Bn |
| Sep 30, 2023 | 71.30 Bn |
| Jun 30, 2023 | 62.03 Bn |
| Mar 31, 2023 | 61.02 Bn |
| Dec 31, 2022 | 61.22 Bn |
| Sep 30, 2022 | 54.40 Bn |
| Jun 30, 2022 | 61.43 Bn |
| Mar 31, 2022 | 70.92 Bn |
| Dec 31, 2021 | 48.35 Bn |
| Sep 30, 2021 | 42.36 Bn |
Canadian Natural Resources Market Capitalization 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=market-capitalization&ticker=CNQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();