Canadian Natural Resources (CNQ) Total Debt (2009 - 2026)
Canadian Natural Resources (CNQ) posted Total Debt of $12.4 billion for Q1 2026, up 3.8% sequentially from $11.9 billion in Q4 2025, and up 1.83% YoY from $12.1 billion in Q1 2025.
Canadian Natural Resources (CNQ) Total Debt (2009 - 2026) Analysis & Trends
Canadian Natural Resources has reported Total Debt for 18 years, with the latest figure at $12.4 billion in Q1 2026.
- Quarterly Total Debt rose 1.83% year-over-year to $12.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.4 billion (up 1.83% YoY) and the FY2025 annual result came in at $11.9 billion, down 13.48% from the prior year.
- Total Debt grew to $12.4 billion in Q1 2026 per CNQ's latest filing, from $11.9 billion in the prior quarter.
- Over five years, Total Debt peaked at $13.5 billion in Q4 2024 and troughed at $7.4 billion in Q3 2024.
- A 5-year average of $10.1 billion and a median of $9.9 billion in 2022 frame the typical range for Total Debt.
- The sharpest annual moves came in 2022 and 2025: Total Debt tumbled 33.72% in 2022, then soared 70.67% in 2025.
- Over 5 years, Total Debt stood at $8.4 billion in 2022, then declined by 5.92% to $7.9 billion in 2023, then jumped by 69.83% to $13.5 billion in 2024, then decreased by 11.55% to $11.9 billion in 2025, then gained by 3.8% to $12.4 billion in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $12.4 billion, $11.9 billion, and $12.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 23.29 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 12.39 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 7.93 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 12.61 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 12.89 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 11.96 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 13.74 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 5.77 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 3.69 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 | 8.43 Bn |
| Sep 30, 2022 | 9.93 Bn |
| Jun 30, 2022 | 9.88 Bn |
| Mar 31, 2022 | 10.98 Bn |
| Dec 31, 2021 | 11.66 Bn |
| Sep 30, 2021 | 13.33 Bn |
| Jun 30, 2021 | 14.91 Bn |