Canadian Natural Resources (CNQ) Retained Earnings (2009 - 2026)
Canadian Natural Resources (CNQ) recorded Retained Earnings of $25.07 billion in the quarter ended Jun 30, 2026, up 16.5% from $21.51 billion a year earlier and up 5.8% from the prior quarter.
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Analysis
Canadian Natural Resources (CNQ) Retained Earnings (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Canadian Natural Resources reported Retained Earnings of $23.42 billion, up 14.1% from the prior year.
- Annual Retained Earnings has a five-year compound annual growth rate of 6.6% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Retained Earnings came in at $20.53 billion in the year ended Dec 31, 2024 (-4.3%), $21.46 billion in the year ended Dec 31, 2023 (+0.8%), $21.28 billion in the year ended Dec 31, 2022 (-0.4%) and $21.37 billion in the year ended Dec 31, 2021 (+25.7%).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Retained Earnings in data going back to the quarter ended Mar 31, 2009.
- On a year-over-year basis, Retained Earnings has increased for three consecutive quarters, with growth averaging 5.5% over the last eight quarters.
- Peak year-over-year performance for Retained Earnings in the last five years was growth of 21.7% in the quarter ended Dec 31, 2021, against a decline of 8.4% in the quarter ended Jun 30, 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $23.69 billion (quarter ended Mar 31, 2026), $23.47 billion (quarter ended Dec 31, 2025) and $21.01 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | - |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 212.60 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 38.78 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 72.92 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 36.27 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 25.07 Bn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | - |
| 10 | Eog Resources | 72.25 Bn | 56.57 Bn | - | 33.39 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.07 Bn |
| Mar 31, 2026 | 23.69 Bn |
| Dec 31, 2025 | 23.47 Bn |
| Sep 30, 2025 | 21.01 Bn |
| Jun 30, 2025 | 21.51 Bn |
| Mar 31, 2025 | 20.14 Bn |
| Dec 31, 2024 | 20.12 Bn |
| Sep 30, 2024 | 21.00 Bn |
| Jun 30, 2024 | 20.59 Bn |
| Mar 31, 2024 | 20.98 Bn |
| Dec 31, 2023 | 21.26 Bn |
| Sep 30, 2023 | 21.46 Bn |
| Jun 30, 2023 | 20.79 Bn |
| Mar 31, 2023 | 20.62 Bn |
| Dec 31, 2022 | 20.39 Bn |
| Sep 30, 2022 | 21.27 Bn |
| Jun 30, 2022 | 22.70 Bn |
| Mar 31, 2022 | 22.16 Bn |
| Dec 31, 2021 | 21.24 Bn |
| Sep 30, 2021 | 20.36 Bn |
API Access
Canadian Natural Resources Retained Earnings 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=retained-earnings&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();