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
DateValue
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