
Canadian Natural Resources Ltd
TSX:CNQ

Income Statement
Earnings Waterfall
Canadian Natural Resources Ltd
Revenue
|
35.7B
CAD
|
Cost of Revenue
|
-18.1B
CAD
|
Gross Profit
|
17.6B
CAD
|
Operating Expenses
|
-7.9B
CAD
|
Operating Income
|
9.7B
CAD
|
Other Expenses
|
-3.6B
CAD
|
Net Income
|
6.1B
CAD
|
Income Statement
Canadian Natural Resources Ltd
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
18 863
N/A
|
17 501
-7%
|
15 552
-11%
|
13 954
-10%
|
12 363
-11%
|
11 507
-7%
|
10 637
-8%
|
9 858
-7%
|
11 427
+16%
|
13 011
+14%
|
14 370
+10%
|
16 501
+15%
|
17 342
+5%
|
19 054
+10%
|
21 095
+11%
|
22 528
+7%
|
21 027
-7%
|
20 801
-1%
|
20 411
-2%
|
20 672
+1%
|
22 871
+11%
|
22 123
-3%
|
19 432
-12%
|
17 776
-9%
|
16 893
-5%
|
19 001
+12%
|
22 655
+19%
|
25 862
+14%
|
30 057
+16%
|
34 126
+14%
|
39 076
+15%
|
41 822
+7%
|
42 298
+1%
|
40 251
-5%
|
36 666
-9%
|
36 104
-2%
|
35 968
0%
|
35 582
-1%
|
36 743
+3%
|
35 741
-3%
|
35 656
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(8 497)
|
(8 343)
|
(7 877)
|
(7 569)
|
(7 105)
|
(6 749)
|
(6 414)
|
(6 146)
|
(7 006)
|
(7 338)
|
(7 911)
|
(8 933)
|
(9 204)
|
(10 122)
|
(10 831)
|
(10 987)
|
(10 653)
|
(10 440)
|
(10 205)
|
(10 403)
|
(10 976)
|
(11 523)
|
(11 162)
|
(10 893)
|
(10 778)
|
(10 951)
|
(12 038)
|
(12 771)
|
(13 756)
|
(14 962)
|
(16 676)
|
(17 709)
|
(18 685)
|
(18 688)
|
(18 260)
|
(18 287)
|
(17 782)
|
(17 725)
|
(17 818)
|
(17 774)
|
(18 077)
|
|
Gross Profit |
10 366
N/A
|
9 158
-12%
|
7 675
-16%
|
6 385
-17%
|
5 258
-18%
|
4 758
-10%
|
4 223
-11%
|
3 712
-12%
|
4 421
+19%
|
5 673
+28%
|
6 459
+14%
|
7 568
+17%
|
8 138
+8%
|
8 932
+10%
|
10 264
+15%
|
11 541
+12%
|
10 374
-10%
|
10 361
0%
|
10 206
-1%
|
10 269
+1%
|
11 895
+16%
|
10 600
-11%
|
8 270
-22%
|
6 883
-17%
|
6 115
-11%
|
8 050
+32%
|
10 617
+32%
|
13 091
+23%
|
16 301
+25%
|
19 164
+18%
|
22 400
+17%
|
24 113
+8%
|
23 613
-2%
|
21 563
-9%
|
18 406
-15%
|
17 817
-3%
|
18 186
+2%
|
17 857
-2%
|
18 925
+6%
|
17 967
-5%
|
17 579
-2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(5 506)
|
(5 646)
|
(5 239)
|
(5 303)
|
(6 000)
|
(5 892)
|
(5 970)
|
(5 952)
|
(5 700)
|
(5 691)
|
(5 489)
|
(5 583)
|
(5 803)
|
(5 650)
|
(5 998)
|
(5 841)
|
(5 526)
|
(5 669)
|
(5 531)
|
(5 764)
|
(6 303)
|
(6 365)
|
(6 500)
|
(6 520)
|
(6 560)
|
(6 533)
|
(6 626)
|
(6 878)
|
(6 789)
|
(6 736)
|
(6 551)
|
(7 022)
|
(8 853)
|
(8 419)
|
(8 623)
|
(9 032)
|
(7 722)
|
(8 090)
|
(8 270)
|
(8 010)
|
(7 852)
|
|
Selling, General & Administrative |
(433)
|
(368)
|
(110)
|
(151)
|
(344)
|
(379)
|
(571)
|
(721)
|
(700)
|
(611)
|
(369)
|
(400)
|
(453)
|
(332)
|
(612)
|
(417)
|
(179)
|
(318)
|
(144)
|
(254)
|
(567)
|
(320)
|
(354)
|
(335)
|
(309)
|
(648)
|
(761)
|
(822)
|
(880)
|
(1 306)
|
(1 134)
|
(1 080)
|
(1 219)
|
(741)
|
(878)
|
(1 194)
|
(943)
|
(1 191)
|
(1 113)
|
(787)
|
(782)
|
|
Depreciation & Amortization |
(4 880)
|
(5 224)
|
(5 267)
|
(5 417)
|
(5 483)
|
(5 347)
|
(5 241)
|
(5 081)
|
(4 858)
|
(4 938)
|
(4 974)
|
(5 029)
|
(5 186)
|
(5 144)
|
(5 204)
|
(5 239)
|
(5 161)
|
(5 167)
|
(5 204)
|
(5 324)
|
(5 546)
|
(5 847)
|
(5 943)
|
(5 981)
|
(6 046)
|
(5 903)
|
(5 888)
|
(5 866)
|
(5 724)
|
(5 710)
|
(5 685)
|
(5 697)
|
(7 353)
|
(7 364)
|
(7 398)
|
(7 481)
|
(6 413)
|
(6 528)
|
(6 780)
|
(6 841)
|
(6 681)
|
|
Other Operating Expenses |
(193)
|
(54)
|
138
|
265
|
(173)
|
(166)
|
(158)
|
(150)
|
(142)
|
(142)
|
(146)
|
(154)
|
(164)
|
(174)
|
(182)
|
(185)
|
(186)
|
(184)
|
(183)
|
(186)
|
(190)
|
(198)
|
(203)
|
(204)
|
(205)
|
18
|
23
|
(190)
|
(185)
|
280
|
268
|
(245)
|
(281)
|
(314)
|
(347)
|
(357)
|
(366)
|
(371)
|
(377)
|
(382)
|
(389)
|
|
Operating Income |
4 860
N/A
|
3 512
-28%
|
2 436
-31%
|
1 082
-56%
|
(742)
N/A
|
(1 134)
-53%
|
(1 747)
-54%
|
(2 240)
-28%
|
(1 279)
+43%
|
(18)
+99%
|
970
N/A
|
1 985
+105%
|
2 335
+18%
|
3 282
+41%
|
4 266
+30%
|
5 700
+34%
|
4 848
-15%
|
4 692
-3%
|
4 675
0%
|
4 505
-4%
|
5 592
+24%
|
4 235
-24%
|
1 770
-58%
|
363
-79%
|
(445)
N/A
|
1 517
N/A
|
3 991
+163%
|
6 213
+56%
|
9 512
+53%
|
12 428
+31%
|
15 849
+28%
|
17 091
+8%
|
14 760
-14%
|
13 144
-11%
|
9 783
-26%
|
8 785
-10%
|
10 464
+19%
|
9 767
-7%
|
10 655
+9%
|
9 957
-7%
|
9 727
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
166
|
107
|
(141)
|
(270)
|
(663)
|
(133)
|
(117)
|
(66)
|
(34)
|
(461)
|
(82)
|
160
|
159
|
(248)
|
(859)
|
(1 088)
|
(1 778)
|
(1 276)
|
(972)
|
(1 311)
|
(636)
|
(1 940)
|
(1 633)
|
(1 173)
|
(645)
|
746
|
877
|
352
|
(79)
|
(135)
|
(1 021)
|
(1 307)
|
(1 056)
|
(1 229)
|
(628)
|
(248)
|
(299)
|
(482)
|
(886)
|
(526)
|
(1 668)
|
|
Non-Reccuring Items |
137
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
217
|
0
|
0
|
695
|
478
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
49
|
739
|
771
|
771
|
722
|
250
|
0
|
483
|
597
|
379
|
0
|
253
|
411
|
452
|
0
|
313
|
41
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
218
|
0
|
0
|
0
|
379
|
0
|
0
|
0
|
452
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
5 163
N/A
|
3 619
-30%
|
2 295
-37%
|
861
-62%
|
(667)
N/A
|
(496)
+26%
|
(1 093)
-120%
|
(1 584)
-45%
|
(1 063)
+33%
|
(261)
+75%
|
1 371
N/A
|
2 742
+100%
|
2 873
+5%
|
3 413
+19%
|
3 660
+7%
|
5 023
+37%
|
3 522
-30%
|
3 868
+10%
|
4 016
+4%
|
3 235
-19%
|
4 956
+53%
|
2 295
-54%
|
137
-94%
|
(810)
N/A
|
(873)
-8%
|
2 263
N/A
|
4 868
+115%
|
7 260
+49%
|
9 911
+37%
|
12 293
+24%
|
14 828
+21%
|
15 784
+6%
|
13 704
-13%
|
11 915
-13%
|
9 155
-23%
|
8 537
-7%
|
10 165
+19%
|
9 285
-9%
|
9 769
+5%
|
9 431
-3%
|
8 059
-15%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 234)
|
(564)
|
(715)
|
(431)
|
30
|
6
|
669
|
945
|
859
|
407
|
186
|
(175)
|
(476)
|
(678)
|
(1 015)
|
(1 260)
|
(931)
|
(899)
|
802
|
808
|
460
|
878
|
(105)
|
223
|
438
|
(39)
|
(783)
|
(1 381)
|
(2 247)
|
(2 905)
|
(3 489)
|
(3 833)
|
(2 767)
|
(2 280)
|
(1 559)
|
(1 411)
|
(1 932)
|
(1 864)
|
(2 096)
|
(1 836)
|
(1 953)
|
|
Income from Continuing Operations |
3 929
|
3 055
|
1 580
|
430
|
(637)
|
(490)
|
(424)
|
(639)
|
(204)
|
146
|
1 557
|
2 567
|
2 397
|
2 735
|
2 645
|
3 763
|
2 591
|
2 969
|
4 818
|
4 043
|
5 416
|
3 173
|
32
|
(587)
|
(435)
|
2 224
|
4 085
|
5 879
|
7 664
|
9 388
|
11 339
|
11 951
|
10 937
|
9 635
|
7 596
|
7 126
|
8 233
|
7 421
|
7 673
|
7 595
|
6 106
|
|
Net Income (Common) |
3 929
N/A
|
3 055
-22%
|
1 580
-48%
|
430
-73%
|
(637)
N/A
|
(490)
+23%
|
(424)
+13%
|
(639)
-51%
|
(204)
+68%
|
146
N/A
|
1 557
+966%
|
2 567
+65%
|
2 397
-7%
|
2 735
+14%
|
2 645
-3%
|
3 763
+42%
|
2 591
-31%
|
2 969
+15%
|
4 818
+62%
|
4 043
-16%
|
5 416
+34%
|
3 173
-41%
|
32
-99%
|
(587)
N/A
|
(435)
+26%
|
2 224
N/A
|
4 085
+84%
|
5 879
+44%
|
7 664
+30%
|
9 388
+22%
|
11 339
+21%
|
11 951
+5%
|
10 937
-8%
|
9 635
-12%
|
7 596
-21%
|
7 126
-6%
|
8 233
+16%
|
7 421
-10%
|
7 673
+3%
|
7 595
-1%
|
6 106
-20%
|
|
EPS (Diluted) |
1.79
N/A
|
1.39
-22%
|
0.71
-49%
|
0.19
-73%
|
-0.29
N/A
|
-0.23
+21%
|
-0.19
+17%
|
-0.29
-53%
|
-0.09
+69%
|
0.07
N/A
|
0.69
+886%
|
1.05
+52%
|
1.01
-4%
|
1.11
+10%
|
1.08
-3%
|
1.54
+43%
|
1.06
-31%
|
1.22
+15%
|
2
+64%
|
1.69
-16%
|
2.27
+34%
|
1.34
-41%
|
0.01
-99%
|
-0.25
N/A
|
-0.18
+28%
|
0.94
N/A
|
1.72
+83%
|
2.48
+44%
|
3.23
+30%
|
3.96
+23%
|
4.85
+22%
|
5.28
+9%
|
4.76
-10%
|
4.33
-9%
|
3.43
-21%
|
3.23
-6%
|
3.74
+16%
|
3.43
-8%
|
3.56
+4%
|
3.56
N/A
|
2.88
-19%
|