CANADIAN NATURAL RESOURCES (CNQ) Earnings History & Surprises

NYSE:CNQ • CA1363851017

Current stock price

48.73 USD
-0.64 (-1.3%)
At close:
48.63 USD
-0.1 (-0.21%)
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CNQ Earnings overview

Past quarterly earnings results for CANADIAN NATURAL RESOURCES (CNQ), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.83
Revenue Estimate
11.031B

Last Reported

Most Recent
Release Date
Mar 5, 2026
Period
Q4 / 2025
EPS Reported
CA$0.82
EPS Surprise
17.45%
Revenue Surprise
-0.21%

Beat Rate

Last 8 Quarters
50%
EPS and Revenue beats vs estimates

Quarterly Earnings Historical Results

EPS & Revenue History (in CAD): Actual vs estimated values, surprises, q2q growth and acceleration numbers quarterly history.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q4 2025 0.82 0.70 17.45% -11.83% 9.609B 9.629B -0.21% 1.49%
Q3 2025 0.86 0.86 -0.27% -11.34% 9.516B 9.774B -2.64% 7.01%
Q2 2025 0.71 0.63 12.93% -19.32% 8.698B 8.93B -2.60% -3.90%
Q1 2025 1.16 1.06 9.38% 69.34% 10.939B 10.502B 4.16% 32.69%
Q4 2024 0.93 0.94 -0.90% -20.51% 9.468B 9.248B 2.38% -0.89%
Q3 2024 0.97 0.91 6.58% -25.10% 8.893B 9.267B -4.04% -10.13%
Q2 2024 0.88 0.82 7.83% 54.39% 9.051B 8.612B 5.10% 14.71%
Q1 2024 0.69 0.74 -7.49% -18.93% 8.244B 8.504B -3.06% -4.47%
Q4 2023 1.17 1.09 7.82% 19.39% 9.553B 9.367B 1.99% -1.40%
Q3 2023 1.30 1.21 7.46% -16.18% 9.895B 9.641B 2.63% -5.37%
Q2 2023 0.57 0.52 8.64% -65.03% 7.89B 7.788B 1.31% -31.24%
Q1 2023 0.85 0.86 -1.85% -40.91% 8.63B 7.853B 9.89% -19.17%
Q4 2022 0.98 1.12 -12.24% -11.31% 9.689B 9.644B 0.47% 5.17%
Q3 2022 1.55 1.44 7.29% 74.58% 10.457B 9.802B 6.68% 35.61%
Q2 2022 1.63 1.51 8.24% 229.29% 11.475B 9.953B 15.29% 75.86%
Q1 2022 1.43 1.30 10.38% 177.67% 10.677B 8.869B 20.39% 61.58%
Q4 2021 1.11 1.08 2.05% 1,373.33% 9.213B 7.261B 26.88% 83.60%
Q3 2021 0.89 0.80 10.69% 1,509.09% 7.711B 7.594B 1.54% 71.20%
Q2 2021 0.50 0.47 6.17% 252.31% 6.525B 6.349B 2.77% 127.27%
Q1 2021 0.52 0.42 21.65% 512.00% 6.608B 6.072B 8.83% 46.84%
Q4 2020 0.08 0.06 18.38% - 5.018B 4.697B 6.83% -
Q3 2020 0.06 0.00 9,329.74% - 4.504B 4.078B 10.45% -
Q2 2020 -0.33 -0.40 19.15% - 2.871B 2.869B 0.07% -
Q1 2020 -0.13 -0.01 -1,804.04% - 4.5B 4.637B -2.95% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

CNQ EPS Q2Q GrowthCNQ EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 0 500 1K 1.5K

Revenue Historical Q2Q growth and Acceleration

CNQ Revenue Q2Q GrowthCNQ Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 0 50 100

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
3
Average EPS beat (4)
9.87%
Max EPS beat (4)
17.45%
Min EPS beat (4)
-0.27%

Revenue beat statistics

Revenue beat (4)
1
Average Revenue beat (4)
-0.32%
Max Revenue beat (4)
4.16%
Min Revenue beat (4)
-2.64%

Analysis

In the last 4 quarters, CNQ has beaten EPS estimates in 3 out of 4 releases
CNQ has beaten revenue estimates in 1 out of the last 4 releases
In the last 4 quarters, CNQ has beaten the EPS estimates by 9.9% on average.
In the last 4 quarters, CNQ reported -0.3% below the revenue estimates on average.
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CANADIAN NATURAL RESOURCES / CNQ Earnings FAQ

Can you provide the last earnings date for CANADIAN NATURAL RESOURCES?

CANADIAN NATURAL RESOURCES (CNQ) last reported earnings on 3/5/2026.

Can you provide information on whether CANADIAN NATURAL RESOURCES beat earnings estimates in the last quarter?

CANADIAN NATURAL RESOURCES (CNQ) beat EPS estimates and missed revenue estimates in the most recent quarter.

How often does CANADIAN NATURAL RESOURCES (CNQ) beat earnings estimates?

In the last 4 quarters, CANADIAN NATURAL RESOURCES (CNQ) has beaten EPS estimates in 3 out of 4 releases.