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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 736.04 Bn | 692.53 Bn | - | 492.57 Bn |
| 2 | Chevron | 442.69 Bn | 414.81 Bn | 33.45 Bn | 212.60 Bn |
| 3 | Shell | 309.38 Bn | 239.13 Bn | 30.13 Bn | - |
| 4 | TotalEnergies SE | 197.62 Bn | 78.20 Bn | 61.77 Bn | - |
| 5 | Conocophillips | 176.25 Bn | 148.96 Bn | 12.81 Bn | 72.92 Bn |
| 6 | Equinor Asa | 118.80 Bn | 33.25 Bn | - | - |
| 7 | Canadian Natural Resources | 111.88 Bn | 108.88 Bn | 8.84 Bn | 24.41 Bn |
| 8 | Phillips 66 | 111.60 Bn | 99.39 Bn | 8.38 Bn | 36.27 Bn |
| 9 | Suncor Energy | 94.02 Bn | 79.77 Bn | - | - |
| 10 | Eni Spa | 89.14 Bn | 33.70 Bn | - | 38.11 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.41 Bn |
| Mar 31, 2026 | 23.33 Bn |
| Dec 31, 2025 | 23.90 Bn |
| Sep 30, 2025 | 20.77 Bn |
| Jun 30, 2025 | 21.79 Bn |
| Mar 31, 2025 | 20.19 Bn |
| Dec 31, 2024 | 19.58 Bn |
| Sep 30, 2024 | 21.21 Bn |
| Jun 30, 2024 | 20.56 Bn |
| Mar 31, 2024 | 20.89 Bn |
| Dec 31, 2023 | 21.88 Bn |
| Sep 30, 2023 | 21.33 Bn |
| Jun 30, 2023 | 21.08 Bn |
| Mar 31, 2023 | 20.62 Bn |
| Dec 31, 2022 | 20.42 Bn |
| Sep 30, 2022 | 20.29 Bn |
| Jun 30, 2022 | 22.47 Bn |
| Mar 31, 2022 | 22.48 Bn |
| Dec 31, 2021 | 21.01 Bn |
| Sep 30, 2021 | 20.10 Bn |
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_KEY
import 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();