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
DateValue
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