Canadian Natural Resources (CNQ)
Produces crude oil and natural gas from oil-sands and conventional assets centered in Western Canada.
$48.08
vs last close−0.20 (−0.42%)
In millions of USD, except per-share figures · converted from CAD at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8,359 | 7,589 | 6,696 | 7,549 | 7,392 | 7,863 | 9,034 | 6,876 | 6,763 | 7,611 | 7,702 | 12,233 |
| Cost of revenue | 5,502 | 5,395 | 5,083 | 5,582 | 5,259 | 5,831 | 6,506 | 5,235 | 3,490 | 6,090 | 5,230 | 7,677 |
| Gross profit | 2,857 | 2,194 | 1,613 | 1,967 | 2,133 | 2,032 | 2,528 | 1,641 | 3,273 | 1,522 | 2,472 | 4,557 |
| 2,857 | 190 | 367 | 148 | 126 | 191 | 191 | 177 | 153 | 247 | 569 | 43 | |
| 289 | 125 | 298 | 79 | 57 | 122 | 126 | 113 | 153 | 173 | 569 | −26 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 31 | 0 | 6 | 45 | 0 | 0 | 0 |
| General & administrative | 289 | 125 | 298 | 79 | 57 | 90 | 126 | 107 | 108 | 173 | 0 | −26 |
| Other expenses | 2,568 | 65 | 69 | 69 | 69 | 70 | 65 | 64 | 0 | 74 | 0 | 70 |
| Operating income | 0 | 2,004 | 1,246 | 1,819 | 2,007 | 1,841 | 2,337 | 1,464 | 3,120 | 1,275 | 1,903 | 4,513 |
| 2,236 | 98 | −245 | −216 | −11 | −714 | −136 | 532 | −2,774 | 3,592 | −670 | −329 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 58 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 133 | 83 | 98 | 112 | 109 | 158 | 183 | 169 | 66 | 174 | 227 | 169 |
| Other non-operating income | −2,369 | −220 | 147 | 104 | −99 | 555 | −48 | −701 | 2,708 | −3,766 | 444 | 160 |
| Income before tax | 2,236 | 2,102 | 1,001 | 1,603 | 1,996 | 1,127 | 2,201 | 1,996 | 346 | 4,867 | 1,233 | 4,184 |
| Income tax expense | 571 | 235 | 299 | 384 | 386 | 318 | 454 | 249 | −80 | 1,098 | 272 | 984 |
| Net income from continuing operations | 1,666 | 1,867 | 701 | 1,219 | 1,610 | 809 | 1,747 | 1,748 | 426 | 3,769 | 960 | 3,200 |
| Net income | 1,666 | 1,867 | 701 | 1,219 | 1,610 | 809 | 1,747 | 1,748 | 426 | 3,769 | 960 | 3,200 |
| EPS, basic | $0.77 | $0.87 | $0.33 | $0.57 | $0.76 | $0.38 | $0.83 | $0.83 | $0.21 | $1.81 | $0.45 | $1.54 |
| EPS, diluted | $0.77 | $0.87 | $0.33 | $0.57 | $0.75 | $0.38 | $0.83 | $0.83 | $0.21 | $1.81 | $0.45 | $1.53 |
| Weighted average shares, basic | 2,211 | 2,160 | 2,142 | 2,133 | 2,120 | 2,108 | 2,101 | 2,093 | 2,069 | 2,083 | 2,085 | 2,078 |
| Weighted average shares, diluted | 2,202 | 2,160 | 2,142 | 2,149 | 2,133 | 2,120 | 2,109 | 2,100 | 2,069 | 2,089 | 2,096 | 2,090 |
| EBITDA | 3,462 | 3,689 | 2,188 | 2,887 | 3,241 | 2,637 | 3,713 | 3,420 | 2,762 | 6,844 | 2,866 | 5,705 |
| Depreciation & amortization | 1,092 | 1,465 | 1,089 | 1,172 | 1,136 | 1,351 | 1,329 | 1,254 | 2,349 | 1,804 | 1,407 | 1,352 |
| EBIT | 2,369 | 2,224 | 1,099 | 1,716 | 2,106 | 1,286 | 2,384 | 2,165 | 412 | 5,041 | 1,459 | 4,354 |
