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

Canadian Natural Resources (CNQ) reported Operating Income of $5.7 billion for Q1 2026, down 7.17% on a YoY basis from $6.1 billion in Q1 2025, and up 150.42% sequentially from -$11.3 billion in Q4 2025.

Canadian Natural Resources (CNQ) Operating Income (2009 - 2026) Analysis & Trends

Canadian Natural Resources (CNQ) has 18 years of Operating Income data on file, last reported at $5.7 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 7.17% year-over-year to $5.7 billion; the trailing twelve-month figure through Mar 2026 stood at $5.2 billion (down 75.79% YoY), and the FY2025 full-year result was $9.5 billion, up 61.0% from the prior year.
  • Operating Income grew to $5.7 billion in Q1 2026, from -$11.3 billion in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $6.8 billion in Q1 2022 to a low of -$11.3 billion in Q4 2025.
  • A 5-year average of $4.6 billion and a median of $5.5 billion in 2025 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income soared 45.21% in 2022 and sank 335.12% in 2025, its largest moves.
  • Tracing CNQ's Operating Income over 5 years: stood at $6.0 billion in 2022, then grew by 2.84% to $6.2 billion in 2023, then declined by 22.27% to $4.8 billion in 2024, then tumbled by 335.12% to -$11.3 billion in 2025, then surged by 150.42% to $5.7 billion in 2026.
  • Business Quant data shows CNQ's Operating Income at $5.7 billion in Q1 2026, -$11.3 billion in Q4 2025, and $5.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 7.20 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 2.60 Bn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 116.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 2.71 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 19.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 394.04 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 182.33 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 166.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 1.53 Bn
10 Canadian Natural Resources 13.17 Bn 12.58 Bn 6.72 Bn 5.68 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.68 Bn
Dec 31, 2025 -11.27 Bn
Sep 30, 2025 5.31 Bn
Jun 30, 2025 5.46 Bn
Mar 31, 2025 6.12 Bn
Dec 31, 2024 4.79 Bn
Sep 30, 2024 5.34 Bn
Jun 30, 2024 5.17 Bn
Mar 31, 2024 4.68 Bn
Dec 31, 2023 6.17 Bn
Sep 30, 2023 5.41 Bn
Jun 30, 2023 5.09 Bn
Mar 31, 2023 5.47 Bn
Dec 31, 2022 6.00 Bn
Sep 30, 2022 5.71 Bn
Jun 30, 2022 6.74 Bn
Mar 31, 2022 6.81 Bn
Dec 31, 2021 6.25 Bn
Sep 30, 2021 4.99 Bn
Jun 30, 2021 4.64 Bn