Canadian Natural Resources annual capital expenditures (capex)
2015
2016
2017
2018
2018
2019
2020
2021
2022
2023
2024
Canadian Natural Resources Capital Expenditures (CapEx) Growth & History (CNQ)
Canadian Natural Resources's capital expenditures (capex) was $6.79B for fiscal 2024.
View full Canadian Natural Resources company overviewCanadian Natural Resources annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2024 | 2025-12-31 | $6.79B | $1.41B | +26.16% |
| 2023 | 2024-12-31 | $5.38B | $474.0M | +9.66% |
| 2022 | 2023-12-31 | $4.91B | −$227.0M | −4.42% |
| 2021 | 2022-12-31 | $5.14B | $5.12B | +42700.00% |
| 2020 | 2021-12-31 | $12.0M | −$24.0M | −66.67% |
| 2019 | 2020-12-31 | $36.0M | −$37.0M | −50.68% |
| 2018 · Dec 31 | 2019-12-31 | $73.0M | −$4.10B | −98.25% |
| 2018 · Dec 31 | 2018-12-31 | $4.17B | −$399.0M | −8.72% |
| 2017 | 2017-12-31 | $4.57B | $422.0M | +10.16% |
| 2016 | 2016-12-31 | $4.15B | −$966.0M | −18.87% |
| 2015 | 2015-12-31 | $5.12B | — | — |
Canadian Natural Resources quarterly capital expenditures (capex)
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.40B | $490.0M | +25.59% |
| Q1 2026 | 2026-03-31 | $2.09B | — | — |
| Q4 2025 | 2025-12-31 | $1.45B | — | — |
| Q3 2025 | 2025-09-30 | $2.06B | — | — |
| Q2 2025 | 2025-06-30 | $1.92B | — | — |
Canadian Natural Resources capital expenditures (capex) trends
Over the last five fiscal years, Canadian Natural Resources's capital expenditures (capex) increased from $36.0M to $6.79B, a change of $6.75B. The latest reported quarter, Q2 2026, shows $2.40B.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Canadian Natural Resources source filings ↗