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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
$53.64−2.47 (-4.40%)

Close on Nov 2, 2026Market cap $111.66BP/E 14.5Yield –

Canadian Natural Resources Bitumen Value for Provincial Royalty Purposes by Year

Bitumen Value for Provincial Royalty Purposes (C$/bbl) ($)

Canadian Natural Resources Bitumen Value for Provincial Royalty Purposes: $66.23 in 2025, down 8.9% from a year earlier.

Latest, 2025
66.23
Period ended Dec 31, 2025
Change on a year earlier
-8.9%
72.68 in 2024
History
7 years
Since 2019
Sources
4
Documents cited below

Where the 2025 figure comes from

“|| Bitumen value for royalty purposes (2) | $ | 58.68 | $ | 68.06 | $ | 69.35 | $ | 66.23 | $ | 72.68”

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 Value for Provincial Royalty Purposes (C$/bbl) ($)Year on yearSource
2025Dec 31, 202566.23-8.9%Canadian Natural Form 6-K, filed 2026-03-06 ↗
2024Dec 31, 202472.68+11.1%Canadian Natural Form 6-K, filed 2026-03-06 ↗
2023Dec 31, 202365.43-21.2%Canadian Natural Form 40-F, filed 2024-03-20 ↗
2022Dec 31, 202283.07+42.3%Canadian Natural Form 40-F, filed 2024-03-20 ↗
2021Dec 31, 202158.39+126.1%Canadian Natural Form 40-F, filed 2024-03-20 ↗
2020Dec 31, 202025.82-49.2%Canadian Natural Form 40-F, filed 2023-03-23 ↗
2019Dec 31, 201950.79–Canadian Natural Form 40-F, filed 2022-03-23 ↗

Cite this data

StockData. (2026). Canadian Natural Resources Bitumen Value for Provincial Royalty Purposes ($), annual 2019–2025 [Data set]. Compiled from Canadian Natural Resources SEC filings and investor materials. https://stockdatahq.com/stocks/cnq/kpis/osm-bitumen-royalty-val-cad-bbl

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