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CANADIAN NATURAL RESOURCES Ltd (CNQ) operating KPIs

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
$56.11+1.02 (+1.85%)

Close on Oct 30, 2026Market cap $116.80BP/E 15.2Yield –

Canadian Natural Resources oil Sands Mining & Upgrading (SCO) Unit Production Expense (C$/bbl) ($)

Industry-leading non-declining mining & upgrading unit operating costs across Horizon & AOSP (C$22.19/bbl in Q2 2026 at 106% upgrader utilization).

QuarterlyAnnual
Latest, Q2 2026
22.19
Period ended Jun 30, 2026
Change on a year earlier
-16.4%
26.53 in Q2 2025
History
22 quarters
Since Q1 2021
Sources
16
Documents cited below

Quarterly history

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

PeriodEndedOil Sands Mining & Upgrading (SCO) Unit Production Expense (C$/bbl) ($)Year on yearSource
Q2 2026Jun 30, 202622.19-16.4%Canadian Natural Form 6-K, filed 2026-08-06 ↗
Q1 2026Mar 31, 202623.73+8.5%Canadian Natural Form 6-K, filed 2026-08-06 ↗
Q4 2025Dec 31, 202521.84+4.1%Canadian Natural Form 6-K, filed 2026-05-07 ↗
Q3 2025Sep 30, 202521.29+3.0%Canadian Natural Form 6-K, filed 2026-03-06 ↗
Q2 2025Jun 30, 202526.53+2.2%Canadian Natural Form 6-K, filed 2026-08-06 ↗
Q1 2025Mar 31, 202521.88-12.0%Canadian Natural Form 6-K, filed 2026-05-07 ↗
Q4 2024Dec 31, 202420.970.0%Canadian Natural Form 6-K, filed 2026-03-06 ↗
Q3 2024Sep 30, 202420.67-6.6%Canadian Natural Form 6-K, filed 2025-11-06 ↗
Q2 2024Jun 30, 202425.95-17.0%Canadian Natural Form 6-K, filed 2025-08-07 ↗
Q1 2024Mar 31, 202424.85-0.8%Canadian Natural Form 6-K, filed 2025-05-08 ↗
Q4 2023Dec 31, 202320.96-17.7%Canadian Natural Form 6-K, filed 2025-03-06 ↗
Q3 2023Sep 30, 202322.12-1.0%Canadian Natural Form 6-K, filed 2024-10-31 ↗
Q2 2023Jun 30, 202331.28-7.3%Canadian Natural Form 6-K, filed 2024-08-01 ↗
Q1 2023Mar 31, 202325.06+1.9%Canadian Natural Form 6-K, filed 2024-05-02 ↗
Q4 2022Dec 31, 202225.48+30.3%Canadian Natural Form 6-K, filed 2024-02-29 ↗
Q3 2022Sep 30, 202222.35+12.5%Canadian Natural Form 6-K, filed 2023-11-02 ↗

Breakdown

What makes up oil sands mining & upgrading (sco) unit production expense (c$/bbl)

Cite this data

StockData. (2026). Canadian Natural Resources Oil Sands Mining & Upgrading (SCO) Unit Production Expense (C$/bbl) ($), quarterly Q1 2021–Q2 2026 [Data set]. Compiled from Canadian Natural Resources SEC filings and investor materials. https://stockdatahq.com/stocks/cnq/kpis/osm_opex_total_cad_bbl

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