Canadian Natural Resources Debt to Equity Ratio 2012-2025 | CNQ
Current and historical debt to equity ratio values for Canadian Natural Resources (CNQ) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Canadian Natural Resources debt/equity for the three months ending September 30, 2025 was 0.41.
| Canadian Natural Resources Debt/Equity Ratio Historical Data | |||
|---|---|---|---|
| Date | Long Term Debt | Shareholder's Equity | Debt to Equity Ratio |
| 2025-09-30 | $32.76B | $29.37B | 1.12 |
| 2025-06-30 | $31.79B | $29.86B | 1.07 |
| 2025-03-31 | $30.90B | $28.17B | 1.10 |
| 2024-12-31 | $33.49B | $28.80B | 1.16 |
| 2024-09-30 | $25.79B | $29.25B | 0.88 |
| 2024-06-30 | $26.65B | $28.84B | 0.92 |
| 2024-03-31 | $27.04B | $29.29B | 0.92 |
| 2023-12-31 | $26.76B | $29.51B | 0.91 |
| 2023-09-30 | $27.34B | $29.54B | 0.93 |
| 2023-06-30 | $27.16B | $28.74B | 0.95 |
| 2023-03-31 | $27.11B | $28.52B | 0.95 |
| 2022-12-31 | $29.20B | $29.36B | 1.00 |
| 2022-09-30 | $30.14B | $29.22B | 1.03 |
| 2022-06-30 | $30.41B | $30.81B | 0.99 |
| 2022-03-31 | $31.21B | $30.39B | 1.03 |
| 2021-12-31 | $31.69B | $29.48B | 1.08 |
| 2021-09-30 | $31.59B | $28.22B | 1.12 |
| 2021-06-30 | $33.24B | $27.85B | 1.19 |
| 2021-03-31 | $33.09B | $26.25B | 1.26 |
| 2020-12-31 | $32.02B | $24.17B | 1.33 |
| 2020-09-30 | $31.20B | $24.15B | 1.29 |
| 2020-06-30 | $30.60B | $23.33B | 1.31 |
| 2020-03-31 | $31.93B | $24.80B | 1.29 |
| 2019-12-31 | $32.50B | $26.37B | 1.23 |
| 2019-09-30 | $33.14B | $26.36B | 1.26 |
| 2019-06-30 | $33.41B | $25.63B | 1.30 |
| 2019-03-31 | $31.37B | $24.28B | 1.29 |
| 2018-12-31 | $30.54B | $24.67B | 1.24 |
| 2018-09-30 | $30.58B | $25.56B | 1.20 |
| 2018-06-30 | $31.98B | $25.12B | 1.27 |
| 2018-03-31 | $32.59B | $25.34B | 1.29 |
| 2017-12-31 | $32.56B | $24.42B | 1.33 |
| 2017-09-30 | $33.23B | $25.01B | 1.33 |
| 2017-06-30 | $30.79B | $23.04B | 1.34 |
| 2017-03-31 | $23.85B | $19.93B | 1.20 |
| 2016-12-31 | $24.45B | $19.84B | 1.23 |
| 2016-09-30 | $24.79B | $19.67B | 1.26 |
| 2016-06-30 | $24.97B | $20.19B | 1.24 |
| 2016-03-31 | $22.87B | $19.68B | 1.16 |
| 2015-12-31 | $24.99B | $21.46B | 1.17 |
| 2015-09-30 | $25.37B | $21.04B | 1.21 |
| 2015-06-30 | $26.66B | $22.59B | 1.18 |
| 2015-03-31 | $26.09B | $22.96B | 1.14 |
| 2014-12-31 | $28.37B | $26.18B | 1.08 |
| 2014-09-30 | $28.58B | $25.68B | 1.11 |
| 2014-06-30 | $28.21B | $24.96B | 1.13 |
| 2014-03-31 | $24.43B | $23.91B | 1.02 |
| 2013-12-31 | $25.24B | $25.04B | 1.01 |
| 2013-09-30 | $24.90B | $24.59B | 1.01 |
| 2013-06-30 | $25.67B | $24.00B | 1.07 |
| 2013-03-31 | $25.28B | $24.19B | 1.05 |
| 2012-12-31 | $24.71B | $24.30B | 1.02 |
| 2012-09-30 | $23.86B | $24.23B | 0.99 |
| 2012-06-30 | $23.44B | $23.70B | 0.99 |
| 2012-03-31 | $23.70B | $23.35B | 1.02 |
| 2011-12-31 | $24.67B | $23.17B | 1.07 |
| 2011-09-30 | $23.87B | $22.65B | 1.05 |
| 2011-06-30 | $23.98B | $22.17B | 1.08 |
| 2011-03-31 | $23.57B | $20.88B | 1.13 |
| 2010-12-31 | $21.14B | $20.46B | 1.03 |
| 2010-09-30 | $19.73B | $20.61B | 0.96 |
| 2010-06-30 | $20.63B | $20.50B | 1.01 |
| 2010-03-31 | $0.00B | 0.00 | |
| 2009-12-31 | $19.01B | $17.10B | 1.11 |
| 2009-09-30 | $19.84B | $17.36B | 1.14 |
| 2009-06-30 | $19.88B | $15.94B | 1.25 |
| 2009-03-31 | $19.83B | $15.07B | 1.32 |
| 2008-12-31 | $22.92B | $17.35B | 1.32 |
| 2008-09-30 | $22.44B | $15.88B | 1.41 |
| 2008-06-30 | $26.00B | $13.47B | 1.93 |
| 2008-03-31 | $23.59B | $14.01B | 1.68 |
| 2007-12-31 | $21.33B | $12.47B | 1.71 |
| 2007-09-30 | $21.71B | $12.02B | 1.81 |
| 2007-06-30 | $20.70B | $10.81B | 1.92 |
| 2007-03-31 | $19.94B | $9.36B | 2.13 |
| 2006-12-31 | $19.82B | $9.43B | 2.10 |
| 2006-09-30 | $13.21B | $9.27B | 1.43 |
| 2006-06-30 | $13.48B | $8.29B | 1.63 |
| 2006-03-31 | $13.10B | $7.20B | 1.82 |
| 2005-12-31 | $11.25B | $6.80B | 1.65 |
| 2005-09-30 | $11.85B | $6.18B | 1.92 |
| 2005-06-30 | $10.38B | $5.78B | 1.80 |
| 2005-03-31 | $10.48B | $5.61B | 1.87 |
| 2004-12-31 | $9.21B | $6.09B | 1.51 |
| 2004-09-30 | $7.81B | $5.25B | 1.49 |
| 2004-06-30 | $7.50B | $4.84B | 1.55 |
| 2004-03-31 | $7.46B | $4.78B | 1.56 |
| 2003-12-31 | $6.25B | $4.73B | 1.32 |
| 2003-09-30 | $5.91B | $4.36B | 1.36 |
| 2003-06-30 | $5.69B | $4.13B | 1.38 |
| 2003-03-31 | $5.75B | $3.48B | 1.65 |
| 2002-12-31 | $5.38B | $3.08B | 1.74 |
| 2002-09-30 | $5.47B | $2.98B | 1.84 |
| 2002-06-30 | $3.31B | $2.59B | 1.28 |
| 2002-03-31 | $3.37B | $2.46B | 1.37 |
| 2001-12-31 | $3.34B | $2.50B | 1.34 |
| 2001-09-30 | $3.13B | $2.43B | 1.29 |
| 2001-06-30 | $0.00B | 0.00 | |
| 2001-03-31 | $0.00B | 0.00 | |
| 2000-09-30 | $0.00B | 0.00 | |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Oils/Energy | Oil & Gas - Canadian Exploration & Production | $81.394B | $30.296B |
| Established in 1973, Canadian Natural Resources Limited is one of the largest independent energy companies in Canada engaged in the exploration, development and production of oil and natural gas. The company boasts of a diversified portfolio of crude oil (heavy as well as light), natural gas, bitumen and synthetic crude oil (SCO). Canadian Natural Resources' core operations are focused in Western Canada, the United Kingdom sector of the North Sea and offshore Africa, which includes C?te d'Ivoire, Gabon, and South Africa. The company reports its activities into two segments: Exploration & Production, and Oil Sands Mining and Upgrading. ?Of particular significance is Canadian Natural's substantial world class oil sands mining assets - Horizon Oil Sands and the Athabasca Oil Sands Project (AOSP). Through these properties, the company holds leases that contain an estimated six billion barrels of proved and probable SCO reserves. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Tourmaline Oil (TRMLF) | Canada | $17.774B | 18.29 |
| Ovintiv (OVV) | United States | $11.784B | 9.65 |
| Arc Resources (AETUF) | Canada | $9.548B | 10.71 |
| Baytex Energy Corp (BTE) | Canada | $2.702B | 44.12 |
| Paramount Resources (PRMRF) | Canada | $2.630B | 28.47 |
| Birchcliff Energy (BIREF) | Canada | $1.443B | 29.17 |
| INPLAY OIL CP (IPOOF) | Canada | $0.315B | 0.00 |
| Bonterra Energy (BNEFF) | Canada | $0.136B | 0.00 |