TipRanks
Canadian Natural (CNQ)
NYSE:CNQ
US Market
Want to see CNQ full AI Analyst Report?

Canadian Natural (CNQ) Total Equivalent Production

2,194 Followers

Total Equivalent Production

Measures the total output of oil and gas, indicating the company's production capacity and operational scale.
Production has stepped up to a materially higher plateau driven by organic project ramps and an acquisition, supporting management’s modest 2026 guidance lift while permitting a capex cut and bigger shareholder returns. That combination should bolster free‑cash‑flow conversion and underpin the dividend increase and higher return triggers. Offsetting this upside: deferral of the large Jackpine mine expansion limits future optionality toward mining growth, and commodity differentials and weak North American gas prices remain the primary risks to realized cash margins.
Date
Total Equivalent Production
Jun 30, 2026
1.68M
Mar 31, 2026
1.64M
Dec 31, 2025
1.66M
Sep 30, 2025
1.62M
Jun 30, 2025
1.42M
Mar 31, 2025
1.58M
Dec 31, 2024
1.47M
Sep 30, 2024
1.36M
Jun 30, 2024
1.29M
Mar 31, 2024
1.33M