CANADIAN NATURAL RESOURCES Ltd
Close on Nov 2, 2026Market cap $111.66BP/E 14.5Yield –
Canadian Natural Resources NI 51-101 Future Net Revenue NPV10 by Year
NI 51-101 Future Net Revenue NPV10 — 2P Before Income Taxes (C$M) (M)
Canadian Natural Resources NI 51-101 Future Net Revenue NPV10: 191,012M in 2025, down 7.1% from a year earlier.
Where the 2025 figure comes from
“|| Total Proved plus Probable | 832,388 | 343,465 | 191,012 | 127,089 | 94,074 | 11.37”
Source: Canadian Natural Form 40-F, filed 2026-03-26 ↗
Reported in SEC Form 40-F AIF (NI 51-101).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | NI 51-101 Future Net Revenue NPV10 — 2P Before Income Taxes (C$M) (M) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 191,012 | -7.1% | Canadian Natural Form 40-F, filed 2026-03-26 ↗ |
| 2024 | Dec 31, 2024 | 205,668 | +10.3% | Canadian Natural Form 40-F, filed 2025-03-26 ↗ |
| 2023 | Dec 31, 2023 | 186,454 | +1.5% | Canadian Natural Form 40-F, filed 2024-03-20 ↗ |
| 2022 | Dec 31, 2022 | 183,655 | +25.9% | Canadian Natural Form 40-F, filed 2023-03-23 ↗ |
| 2021 | Dec 31, 2021 | 145,908 | +48.8% | Canadian Natural Form 40-F, filed 2022-03-23 ↗ |
| 2020 | Dec 31, 2020 | 98,027 | -23.3% | Canadian Natural Form 40-F, filed 2021-03-24 ↗ |
| 2019 | Dec 31, 2019 | 127,768 | -2.5% | Canadian Natural Form 40-F, filed 2020-03-27 ↗ |
| 2018 | Dec 31, 2018 | 131,026 | +14.5% | Canadian Natural Form 40-F, filed 2019-03-27 ↗ |
| 2017 | Dec 31, 2017 | 114,465 | – | Canadian Natural Form 40-F, filed 2018-03-22 ↗ |
Breakdown
What makes up NI 51-101 Future Net Revenue NPV10
- Before-Tax NPV10: 1P Total Proved (C$M)157,781 · 2025
- Before-Tax NPV10: 1P Developed Producing — PDP (C$M)110,114 · 2025
- Before-Tax NPV10: Probable Reserves (C$M)33,231 · 2025
- Before-Tax Unit NPV10: 2P Net Reserves (C$/BOE)11.37 · 2025
- Before-Tax Unit NPV10: 1P Net Reserves (C$/BOE)12.14 · 2025
- Before-Tax Unit NPV10: PDP Net Reserves (C$/BOE)13.07 · 2025
- After-Tax NPV10: 2P Total Proved + Probable (C$M)147,718 · 2025
- After-Tax NPV10: 1P Total Proved (C$M)122,466 · 2025
- After-Tax NPV10: 1P Developed Producing — PDP (C$M)86,872 · 2025
- Undiscounted (0%) Before-Tax Future Net Revenue: 2P (C$M)832,388 · 2025
- Undiscounted (0%) After-Tax Future Net Revenue: 2P (C$M)643,722 · 2025
Cite this data
StockData. (2026). Canadian Natural Resources NI 51-101 Future Net Revenue NPV10 (M), annual 2017–2025 [Data set]. Compiled from Canadian Natural Resources SEC filings and investor materials. https://stockdatahq.com/stocks/cnq/kpis/ni51101-npv-bt10-2p-total-cad-m
See every metric in the Canadian Natural Resources KPI table. Data updated Oct 31, 2026.