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CANADIAN NATURAL RESOURCES Ltd

CNQNYSECrude Petroleum & Natural GasFiscal year ends December 31
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Mar 26, 2026Score 2/30
$53.60−0.04 (-0.07%)

Close on Nov 3, 2026Market cap $111.57BP/E 14.5Yield –

Canadian Natural Resources Bitumen Royalties Unit Cost (C$/bbl) by Year

Bitumen Royalties Unit Cost (C$/bbl) ($)

Canadian Natural Resources Bitumen Royalties Unit Cost (C$/bbl): $13.84 in 2025, down 19.7% from a year earlier.

Latest, 2025
13.84
Period ended Dec 31, 2025
Change on a year earlier
-19.7%
17.23 in 2024
History
7 years
Since 2019
Sources
4
Documents cited below

Where the 2025 figure comes from

“|| Bitumen royalties (3) | $ | 9.54 | $ | 15.80 | $ | 17.20 | $ | 13.84 | $ | 17.23”

Source: Canadian Natural Form 6-K, filed 2026-03-06 ↗

Annual history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedBitumen Royalties Unit Cost (C$/bbl) ($)Year on yearSource
2025Dec 31, 202513.84-19.7%Canadian Natural Form 6-K, filed 2026-03-06 ↗
2024Dec 31, 202417.23+19.4%Canadian Natural Form 6-K, filed 2026-03-06 ↗
2023Dec 31, 202314.43-30.3%Canadian Natural Form 40-F, filed 2024-03-20 ↗
2022Dec 31, 202220.71+212.8%Canadian Natural Form 40-F, filed 2024-03-20 ↗
2021Dec 31, 20216.62+1,198.0%Canadian Natural Form 40-F, filed 2024-03-20 ↗
2020Dec 31, 20200.51-84.6%Canadian Natural Form 40-F, filed 2023-03-23 ↗
2019Dec 31, 20193.31–Canadian Natural Form 40-F, filed 2022-03-23 ↗

Cite this data

StockData. (2026). Canadian Natural Resources Bitumen Royalties Unit Cost (C$/bbl) ($), annual 2019–2025 [Data set]. Compiled from Canadian Natural Resources SEC filings and investor materials. https://stockdatahq.com/stocks/cnq/kpis/osm-bitumen-royalties-cad-bbl

See every metric in the Canadian Natural Resources KPI table. Data updated Oct 31, 2026.

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