Canadian Natural Resources (CNQ) Total Debt (2009 - 2026)
Canadian Natural Resources' (CNQ) quarterly Total Debt came in at $12.4 billion in Q1 2026, up 1.83% year-on-year from $12.1 billion in Q1 2025, and up 3.8% quarter-over-quarter from $11.9 billion in Q4 2025.
Canadian Natural Resources (CNQ) Total Debt (2009 - 2026) Analysis & Trends
Canadian Natural Resources has disclosed Total Debt across 18 years of filings, most recently posting $12.4 billion for Q1 2026.
- Total Debt for Q1 2026 came in at $12.4 billion, up 1.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $12.4 billion (up 1.83% YoY), and the FY2025 annual result was $11.9 billion, down 13.48% from the prior year.
- Total Debt came in at $12.4 billion for Q1 2026 at Canadian Natural Resources, up from $11.9 billion in the prior quarter.
- In the past five years, Total Debt ranged from a high of $13.5 billion in Q4 2024 to a low of $7.4 billion in Q3 2024.
- The 5-year median for Total Debt is $9.9 billion (2022), against an average of $10.1 billion.
- Across the five-year window, Total Debt tumbled 33.72% in 2022 and jumped 70.67% in 2025, its largest moves.
- Canadian Natural Resources' Total Debt stood at $8.7 billion in 2022, then retreated by 9.13% to $7.9 billion in 2023, then surged by 69.83% to $13.5 billion in 2024, then fell by 11.55% to $11.9 billion in 2025, then increased by 3.8% to $12.4 billion in 2026.
- The last three Total Debt figures came in at $12.4 billion (Q1 2026), $11.9 billion (Q4 2025), and $12.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 11.19 Bn |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 12.37 Bn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 23.33 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 7.93 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 15.67 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 13.90 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 2.62 Bn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 778.55 Mn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 178.30 Bn |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn | 8.39 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.37 Bn |
| Dec 31, 2025 | 11.92 Bn |
| Sep 30, 2025 | 12.55 Bn |
| Jun 30, 2025 | 12.33 Bn |
| Mar 31, 2025 | 12.15 Bn |
| Dec 31, 2024 | 13.47 Bn |
| Sep 30, 2024 | 7.35 Bn |
| Jun 30, 2024 | 7.42 Bn |
| Mar 31, 2024 | 8.19 Bn |
| Dec 31, 2023 | 7.93 Bn |
| Sep 30, 2023 | 8.69 Bn |
| Jun 30, 2023 | 9.05 Bn |
| Mar 31, 2023 | 8.89 Bn |
| Dec 31, 2022 | 8.73 Bn |
| Sep 30, 2022 | 9.93 Bn |
| Jun 30, 2022 | 9.88 Bn |
| Mar 31, 2022 | 10.98 Bn |
| Dec 31, 2021 | 12.45 Bn |
| Sep 30, 2021 | 13.33 Bn |
| Jun 30, 2021 | 14.91 Bn |