Canadian Natural Resources (CNQ) Operating Expenses (2009 - 2026)

Canadian Natural Resources has disclosed Operating Expenses across 18 years of filings, most recently posting $1.0 billion for Q1 2026.

• Operating Expenses for Q1 2026 came in at $1.0 billion, up 290.52% year-over-year; the trailing twelve-month figure through Mar 2026 was $19.0 billion (up 1185.97% YoY), and the FY2025 annual result was $18.3 billion, down 9.38% from the prior year.
• Operating Expenses came in at $1.0 billion for Q1 2026 at Canadian Natural Resources, down from $17.4 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $17.4 billion in Q4 2025 to a low of $22.8 million in Q4 2023.
• The 5-year median for Operating Expenses is $429.0 million (2022), against an average of $1.4 billion.
• Peak annual rise in Operating Expenses reached 3593.9% in 2024, while the deepest fall reached 88.17% in 2024.
• Canadian Natural Resources' Operating Expenses stood at $166.5 million in 2022, then plunged by 86.32% to $22.8 million in 2023, then jumped by 3593.9% to $841.1 million in 2024, then jumped by 1965.44% to $17.4 billion in 2025, then plunged by 94.03% to $1.0 billion in 2026.
• The last three Operating Expenses figures came in at $1.0 billion (Q1 2026), $17.4 billion (Q4 2025), and $472.3 million (Q3 2025), per Business Quant data.