Canadian Natural Resources (CNQ) Price to Earnings (2010 - 2026)
Canadian Natural Resources' (CNQ) quarterly Price to Earnings came in at 23.62 in Q2 2026, down 38.79% year-over-year from 38.59 in Q2 2025, and down 80.05% quarter-over-quarter from 118.39 in Q1 2026.
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Canadian Natural Resources (CNQ) Price to Earnings (2010 - 2026) Analysis & Trends
Canadian Natural Resources has disclosed Price to Earnings across 17 years of filings, most recently posting 23.62 for Q2 2026.
- In Q2 2026, Price to Earnings fell 38.79% year-over-year to 23.62; the TTM figure through Jun 2026 stood at 9.23 (down 12.44% YoY), while the FY2025 annual figure was 8.69, down 37.45% from the prior year.
- Price to Earnings came in at 23.62 for Q2 2026 at Canadian Natural Resources, down from 118.39 in the prior quarter.
- In the past five years, Price to Earnings ranged from a high of 88963.24 in Q1 2024 to a low of 15.58 in Q4 2025.
- Average Price to Earnings over 5 years is 15968.12, with a median of 92.41 recorded in 2024.
- Year-over-year, Price to Earnings soared 199855.28% in 2022 and sank 99.96% in 2025.
- Over 5 years, Price to Earnings stood at 44684.93 in 2022, then slumped by 35.29% to 28915.3 in 2023, then slumped by 99.77% to 66.44 in 2024, then sank by 76.54% to 15.58 in 2025, then surged by 51.57% to 23.62 in 2026.
- Per Business Quant data, the three most recent Price to Earnings figures were 23.62 in Q2 2026, 118.39 in Q1 2026, and 15.58 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn |
| 10 | Antero Resources | 12.13 Bn | 11.56 Bn | 1.56 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.62 |
| Mar 31, 2026 | 118.39 |
| Dec 31, 2025 | 15.58 |
| Sep 30, 2025 | 1,360.25 |
| Jun 30, 2025 | 38.59 |
| Mar 31, 2025 | 35.94 |
| Dec 31, 2024 | 66.44 |
| Sep 30, 2024 | 40.15 |
| Jun 30, 2024 | 60.16 |
| Mar 31, 2024 | 88,963.24 |
| Dec 31, 2023 | 28,915.30 |
| Sep 30, 2023 | 33,161.14 |
| Jun 30, 2023 | 57.11 |
| Mar 31, 2023 | 37,435.51 |
| Dec 31, 2022 | 44,684.93 |
| Sep 30, 2022 | 23.59 |
| Jun 30, 2022 | 25,764.54 |
| Mar 31, 2022 | 26,661.65 |
| Dec 31, 2021 | 22.35 |
| Sep 30, 2021 | 23.61 |