CANADIAN NATURAL RESOURCES Ltd
Close on Nov 2, 2026Market cap $111.66BP/E 14.5Yield –
Canadian Natural Resources Net Capital Expenditures (C$M) by Year
Net Capital Expenditures (C$M) (M)
Canadian Natural Resources Net Capital Expenditures (C$M): 6,579M in 2025, down 54.4% from a year earlier.
Where the 2025 figure comes from
“|| Net capital expenditures | 6,579 | 14,431 | 4,909”
Source: Canadian Natural Form 40-F, filed 2026-03-26 ↗
Reported in SEC Form 6-K & Form 40-F.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Net Capital Expenditures (C$M) (M) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 6,579 | -54.4% | Canadian Natural Form 40-F, filed 2026-03-26 ↗ |
| 2024 | Dec 31, 2024 | 14,431 | +194.0% | Canadian Natural Form 40-F, filed 2026-03-26 ↗ |
| 2023 | Dec 31, 2023 | 4,909 | -4.4% | Canadian Natural Form 40-F, filed 2026-03-26 ↗ |
| 2022 | Dec 31, 2022 | 5,136 | +9.8% | Canadian Natural Form 40-F, filed 2025-03-26 ↗ |
| 2021 | Dec 31, 2021 | 4,676 | +45.9% | Canadian Natural Form 40-F, filed 2024-03-20 ↗ |
| 2020 | Dec 31, 2020 | 3,206 | -55.0% | Canadian Natural Form 40-F, filed 2023-03-23 ↗ |
| 2019 | Dec 31, 2019 | 7,121 | +50.5% | Canadian Natural Form 40-F, filed 2022-03-23 ↗ |
| 2018 | Dec 31, 2018 | 4,731 | -72.4% | Canadian Natural Form 40-F, filed 2020-03-27 ↗ |
| 2017 | Dec 31, 2017 | 17,129 | +351.5% | Canadian Natural Form 40-F, filed 2020-03-27 ↗ |
| 2016 | Dec 31, 2016 | 3,794 | – | Canadian Natural Form 40-F, filed 2019-03-27 ↗ |
Breakdown
What makes up net Capital Expenditures (C$M)
- Net Capital Expenditures — excl. Net Acquisitions (C$M)5,707 · 2025
- By Category: Total Exploration & Production Net CapEx (C$M)4,847 · 2025
- By Category: Total Oil Sands Mining & Upgrading Net CapEx (C$M)1,632 · 2025
- By Segment: North America E&P Net CapEx (C$M)4,364 · 2025
- Abandonment Expenditures (C$M)771 · 2025
- Total Capital & Abandonment Expenditures (C$M)7,350 · 2025
- Initial Annual Capital Budget Guidance (C$M, Budget 6-K)6,425 · 2026
Cite this data
StockData. (2026). Canadian Natural Resources Net Capital Expenditures (C$M) (M), annual 2016–2025 [Data set]. Compiled from Canadian Natural Resources SEC filings and investor materials. https://stockdatahq.com/stocks/cnq/kpis/capex-net-total-cad-m
See every metric in the Canadian Natural Resources KPI table. Data updated Oct 31, 2026.