Canadian Natural Resources (CNQ) Tax Provisions (2009 - 2026)
Canadian Natural Resources' (CNQ) quarterly Tax Provisions came in at $404.7 million in Q1 2026, up 13.64% year-on-year from $356.1 million in Q1 2025, and up 3.94% quarter-over-quarter from $389.4 million in Q4 2025.
Canadian Natural Resources (CNQ) Tax Provisions (2009 - 2026) Analysis & Trends
Canadian Natural Resources has disclosed Tax Provisions across 18 years of filings, most recently posting $404.7 million for Q1 2026.
- Tax Provisions for Q1 2026 came in at $404.7 million, up 13.64% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.4 billion (up 19.92% YoY), and the FY2025 annual result was $1.4 billion, up 22.31% from the prior year.
- Tax Provisions came in at $404.7 million for Q1 2026 at Canadian Natural Resources, up from $389.4 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $705.1 million in Q2 2022 to a low of $158.2 million in Q4 2024.
- The 5-year median for Tax Provisions is $356.1 million (2025), against an average of $384.5 million.
- Across the five-year window, Tax Provisions soared 186.31% in 2022 and slumped 66.95% in 2023, its largest moves.
- Canadian Natural Resources' Tax Provisions stood at $293.9 million in 2022, then grew by 26.19% to $370.9 million in 2023, then tumbled by 57.35% to $158.2 million in 2024, then jumped by 146.13% to $389.4 million in 2025, then grew by 3.94% to $404.7 million in 2026.
- The last three Tax Provisions figures came in at $404.7 million (Q1 2026), $389.4 million (Q4 2025), and $304.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 404.71 Mn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 1.18 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 575.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 154.00 Mn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 32.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | -35.82 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 433.35 Mn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -73.74 Mn |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn | -188.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 404.71 Mn |
| Dec 31, 2025 | 389.38 Mn |
| Sep 30, 2025 | 304.46 Mn |
| Jun 30, 2025 | 316.11 Mn |
| Mar 31, 2025 | 356.12 Mn |
| Dec 31, 2024 | 158.20 Mn |
| Sep 30, 2024 | 285.16 Mn |
| Jun 30, 2024 | 380.19 Mn |
| Mar 31, 2024 | 297.59 Mn |
| Dec 31, 2023 | 370.94 Mn |
| Sep 30, 2023 | 449.05 Mn |
| Jun 30, 2023 | 233.01 Mn |
| Mar 31, 2023 | 339.52 Mn |
| Dec 31, 2022 | 293.94 Mn |
| Sep 30, 2022 | 580.43 Mn |
| Jun 30, 2022 | 705.12 Mn |
| Mar 31, 2022 | 671.84 Mn |
| Dec 31, 2021 | 541.85 Mn |
| Sep 30, 2021 | 437.72 Mn |
| Jun 30, 2021 | 257.89 Mn |