Canadian Natural Resources Limited (CNQ) Tax Rate: 18.28%
Is Canadian Natural Resources Limited’s tax rate high or low?
Canadian Natural Resources Limited's tax rate of 18.28% is 29% below its 5-year average of 25.76%, near the low end of its 5-year range (18.28%–50.17%).
14.00% below its 12-month average of 21.26%.
CNQ Tax Rate Chart
CNQ Average Tax Rate Chart
CNQ Current vs Average Tax Rate Chart
CNQ Tax Rate Metrics
TAX RATE
18.28%
TAX RATE AVG TTM
21.26%
TAX RATE AVG 3Y
20.43%
TAX RATE AVG 5Y
25.76%
TAX RATE AVG 10Y
26.43%
TAX RATE AVG 15Y
27.58%
TAX RATE AVG 20Y
26.35%
CURRENT VS TTM AVG
-14.00%
CURRENT VS 3Y AVG
-10.51%
CURRENT VS 5Y AVG
-29.03%
CURRENT VS 10Y AVG
-30.83%
CURRENT VS 15Y AVG
-33.71%
CURRENT VS 20Y AVG
-30.62%
Canadian Natural Resources Limited Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Canadian Natural Resources Limited Tax Rate FAQ
- What is the tax rate for Canadian Natural Resources Limited (CNQ)?
- The tax rate for CNQ stock is 18.28%.
- Is Canadian Natural Resources Limited's tax rate high or low?
- Canadian Natural Resources Limited's tax rate of 18.28% is 29% below its 5-year average of 25.76%, near the low end of its 5-year range (18.28%–50.17%).
- What is the TTM average tax rate for Canadian Natural Resources Limited (CNQ)?
- The TTM average tax rate for CNQ stock is 21.26%.
- What is the 3Y average tax rate for Canadian Natural Resources Limited (CNQ)?
- The 3Y average tax rate for CNQ stock is 20.43%.
- What is the 5Y average tax rate for Canadian Natural Resources Limited (CNQ)?
- The 5Y average tax rate for CNQ stock is 25.76%.
- What is the 10Y average tax rate for Canadian Natural Resources Limited (CNQ)?
- The 10Y average tax rate for CNQ stock is 26.43%.
- What is the 15Y average tax rate for Canadian Natural Resources Limited (CNQ)?
- The 15Y average tax rate for CNQ stock is 27.58%.
- What is the 20Y average tax rate for Canadian Natural Resources Limited (CNQ)?
- The 20Y average tax rate for CNQ stock is 26.35%.
Canadian Natural Resources Limited Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 18.28% |
| 2024-12-31 | 24.23% |
| 2023-12-31 | 19.01% |
| 2022-12-31 | 20.19% |
| 2021-12-31 | 22.67% |
| 2020-12-31 | 50.17% |
| 2019-12-31 | 7.83% |
| 2018-12-31 | 26.43% |
| 2017-12-31 | 16.57% |
| 2016-12-31 | 80.81% |
| 2015-12-31 | 4.50% |
| 2014-12-31 | 23.90% |
| 2013-12-31 | 25.23% |
| 2012-12-31 | 27.48% |
| 2011-12-31 | 32.40% |
| 2010-12-31 | 41.52% |
| 2009-12-31 | 20.00% |
| 2008-12-31 | 31.44% |
| 2007-12-31 | 2.84% |
| 2006-12-31 | 23.91% |
| 2005-12-31 | 33.91% |
| 2004-12-31 | 27.33% |
| 2003-12-31 | 22.24% |
| 2002-12-31 | 41.53% |
| 2001-12-31 | 33.19% |
| 2000-12-31 | 39.47% |
| 1999-12-31 | 43.44% |
| 1998-12-31 | 53.09% |
| 1997-12-31 | 48.34% |
| 1996-12-31 | 48.92% |
Related Metrics
About Canadian Natural Resources Limited
Canadian Natural Resources Limited (CNQ) is an integrated energy enterprise engaged across the full spectrum of upstream and downstream activities related to crude oil, natural gas, and natural gas liquids (NGLs), encompassing acquisition, exploration, development, production, marketing, and sales. Its diverse portfolio of hydrocarbon products encompasses synthetic crude oil (SCO), light and medium crude, bitumen (also known as thermal oil), along with both primary heavy crude oil and specialized Pelican Lake heavy crude. Beyond exploration and production, the company holds midstream and refining assets, notably comprising two crude oil pipeline networks and a half-interest (50% working interest) in an 84-megawatt cogeneration facility situated at Primrose. As of December 31, 2020, CNQ reported substantial reserves. Its proved crude oil, bitumen, and NGLs reserves amounted to 10,528 million barrels (MMbbl), escalating to 13,271 MMbbl when probable reserves are included. Proved synthetic crude oil (SCO) reserves stood at 6,998 MMbbl, with total proved plus probable SCO reserves reaching 7,535 MMbbl. Furthermore, the company's proved natural gas reserves were recorded at 12,168 billion cubic feet (Bcf), expanding to 20,249 Bcf on a proved plus probable basis. Geographically, its operations are concentrated in key regions, including Western Canada, the United Kingdom's North Sea sector, and offshore West Africa. The entity, incorporated in 1973, was originally known as AEX Minerals Corporation before adopting the name Canadian Natural Resources Limited in December 1975. Its corporate headquarters are located in Calgary, Canada.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Norman Murray Edwards