CANADIAN NATURAL RESOURCES Ltd
CNQNYSECrude Petroleum & Natural GasFiscal year ends December 31
$53.64−2.47 (-4.40%)
Close on Nov 2, 2026Market cap $111.66BP/E 14.5Yield –
Canadian Natural Resources WCS Differential as % of WTI by Year
WCS Differential as % of WTI (%) (%)
Canadian Natural Resources WCS Differential as % of WTI: 17.0% in 2025, down 2.0 pts from a year earlier. That is the lowest of the 8 years on record here.
Latest, 2025
17.0%
Period ended Dec 31, 2025
Change on a year earlier
-2.0 pts
19.0% in 2024
History
8 years
Since 2018
Sources
7
Documents cited below
Where the 2025 figure comes from
“|| WCS heavy differential as a percentage of WTI (%) (1) | 19% | 16% | 18% | 17% | 19%”
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | WCS Differential as % of WTI (%) (%) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 17.0% | -2.0 pts | Canadian Natural Form 6-K, filed 2026-03-06 ↗ |
| 2024 | Dec 31, 2024 | 19.0% | -5.0 pts | Canadian Natural Form 6-K, filed 2026-03-06 ↗ |
| 2023 | Dec 31, 2023 | 24.0% | +5.0 pts | Canadian Natural Form 6-K, filed 2025-03-06 ↗ |
| 2022 | Dec 31, 2022 | 19.0% | 0.0 pts | Canadian Natural Form 6-K, filed 2024-02-29 ↗ |
| 2021 | Dec 31, 2021 | 19.0% | -17.0 pts | Canadian Natural Form 6-K, filed 2023-03-02 ↗ |
| 2020 | Dec 31, 2020 | 36.0% | +14.0 pts | Canadian Natural Form 6-K, filed 2022-03-03 ↗ |
| 2019 | Dec 31, 2019 | 22.0% | -1.0 pts | Canadian Natural Form 6-K, filed 2021-03-04 ↗ |
| 2018 | Dec 31, 2018 | 23.0% | – | Canadian Natural Form 6-K, filed 2019-03-07 ↗ |
Cite this data
StockData. (2026). Canadian Natural Resources WCS Differential as % of WTI (%), annual 2018–2025 [Data set]. Compiled from Canadian Natural Resources SEC filings and investor materials. https://stockdatahq.com/stocks/cnq/kpis/bench-wcs-diff-pct-wti
See every metric in the Canadian Natural Resources KPI table. Data updated Oct 31, 2026.