Canadian Natural Resources Ltd revenue

Canadian Natural Resources Ltd's revenue was $27.75bn in fiscal 2025, up 6.6% on the year before. Since fiscal 2015 ($9.68bn) it has grown at a compound 11.1% a year.

Revenue history

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Canadian Natural Resources Ltd: revenue history, annual
Fiscal year	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	9.7	8.6	13.4	16.2	17.2	12.6	24.0	32.5	26.7	26.0	27.8
Growth on the year before	—	−10.8%	+54.8%	+21.4%	+6.2%	−26.9%	+90.4%	+35.6%	−18.1%	−2.3%	+6.6%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Oil & Gas Exploration & Production: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Canadian Natural Resources Ltd	$27.75bn	6.6%	—
EOG Resources	$27.03bn	19.1%	1.4%
Cenovus Energy Inc.	$35.58bn	-10.2%	—
Suncor Energy Inc	$37.50bn	-6.4%	—
Devon Energy	$19.68bn	14.6%	5.0%
Diamondback Energy	$17.10bn	21.4%	27.2%

Compare with peers

Head to head: CNQ vs EOG CNQ vs CVE CNQ vs SU CNQ vs DVN

More: Oil & Gas Exploration & Production stocks compared, Energy sector, rankings of US companies

Figures from Canadian Natural Resources Ltd's SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Canadian Natural Resources Ltd.