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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 OSM Production Expense excl. Natural Gas Fuel by Year

OSM Production Expense excl. Natural Gas Fuel (C$/bbl) ($)

Canadian Natural Resources OSM Production Expense excl. Natural Gas Fuel: $21.94 in 2025, down 1.1% from a year earlier.

Latest, 2025
21.94
Period ended Dec 31, 2025
Change on a year earlier
-1.1%
22.18 in 2024
History
6 years
Since 2020
Sources
4
Documents cited below

Where the 2025 figure comes from

“|| Production expense, excluding natural gas costs (1) | $ | 21.94 | $ | 22.18 | $ | 23.13”

Source: Canadian Natural Form 40-F, filed 2026-03-26 ↗

Annual history

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

PeriodEndedOSM Production Expense excl. Natural Gas Fuel (C$/bbl) ($)Year on yearSource
2025Dec 31, 202521.94-1.1%Canadian Natural Form 40-F, filed 2026-03-26 ↗
2024Dec 31, 202422.18-4.1%Canadian Natural Form 40-F, filed 2026-03-26 ↗
2023Dec 31, 202323.13-3.3%Canadian Natural Form 40-F, filed 2026-03-26 ↗
2022Dec 31, 202223.91+22.9%Canadian Natural Form 40-F, filed 2025-03-26 ↗
2021Dec 31, 202119.45-0.3%Canadian Natural Form 40-F, filed 2024-03-20 ↗
2020Dec 31, 202019.50–Canadian Natural Form 40-F, filed 2023-03-23 ↗

Cite this data

StockData. (2026). Canadian Natural Resources OSM Production Expense excl. Natural Gas Fuel ($), annual 2020–2025 [Data set]. Compiled from Canadian Natural Resources SEC filings and investor materials. https://stockdatahq.com/stocks/cnq/kpis/osm-opex-ex-gas-cad-bbl

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