Canadian Natural Resources (CNQ) Tax Provisions (2009 - 2026)

Canadian Natural Resources (CNQ) reported Tax Provisions of $404.7 million for Q1 2026, up 13.64% on a YoY basis from $356.1 million in Q1 2025, and up 3.94% sequentially from $389.4 million in Q4 2025.

Canadian Natural Resources (CNQ) Tax Provisions (2009 - 2026) Analysis & Trends

Canadian Natural Resources (CNQ) has 18 years of Tax Provisions data on file, last reported at $404.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions rose 13.64% year-over-year to $404.7 million; the trailing twelve-month figure through Mar 2026 stood at $1.4 billion (up 19.92% YoY), and the FY2025 full-year result was $1.4 billion, up 22.31% from the prior year.
  • Tax Provisions improved to $404.7 million in Q1 2026, 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.
  • A 5-year average of $384.5 million and a median of $356.1 million in 2025 frame the typical range for Tax Provisions.
  • Peak annual rise in Tax Provisions reached 186.31% in 2022, while the deepest fall reached 83.51% in 2022.
  • Tracing CNQ's Tax Provisions over 5 years: stood at $293.9 million in 2022, then climbed by 26.19% to $370.9 million in 2023, then plunged by 57.35% to $158.2 million in 2024, then soared by 146.13% to $389.4 million in 2025, then climbed by 3.94% to $404.7 million in 2026.
  • Business Quant data shows CNQ's Tax Provisions at $404.7 million in Q1 2026, $389.4 million in Q4 2025, and $304.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 1.18 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 575.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 32.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 1.10 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 154.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 84.93 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 40.66 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -188.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 330.00 Mn
10 Canadian Natural Resources 13.17 Bn 12.58 Bn 6.72 Bn 404.71 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 1.78 Bn
Sep 30, 2021 437.72 Mn
Jun 30, 2021 257.89 Mn