Canadian Natural Resources Limited
Canadian Natural Resources Limited (CNQ.TO) Shares Outstanding — Overview
Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.
CNQ.TO · shares outstanding · updated Jun 8, 2026
Key metrics
as of Dec 31, 2025Shares Outstanding Growth Rate
CAGR · weighted avg basic sharesNegative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials
Shares outstanding history
Annual shares outstanding by year
Energy sector shares outstanding comparison
Shares Outstanding for similar companies or competitors in the Energy sector.
XOM
SHEL
TTE
ENBCNQ.TO
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COP/company-screener · per-peer /income-statement · cache 86400s
Understanding Shares Outstanding
Basic · Diluted · FloatWhat Are Shares Outstanding? (Basic)
Canadian Natural Resources Limited (CNQ.TO) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2025, Canadian Natural Resources Limited reports 2.091B basic shares outstanding (weighted average).
Basic vs. Diluted Shares Outstanding
Canadian Natural Resources Limited's basic shares outstanding (2.091B) represents currently issued shares. Diluted shares outstanding (2.098B) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +0.32%.
Shares Outstanding vs. Float (Free Float)
Canadian Natural Resources Limited's float is 2.033B (97.5% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.
ⓘ Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.
FMP /income-statement · /shares-float · SEC EDGAR · CAD
About shares outstanding & methodology
Canadian Natural Resources Limited (CNQ.TO) shares outstanding history from 2006 to 2025. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.
Canadian Natural Resources Limited shares outstanding for the fiscal year ending December 31, 2025 were 2.091B, a 1.63% decline year-over-year. Canadian Natural Resources Limited FY 2025 shares outstanding were 2.091B, a -1.63% decline from FY 2024.
Canadian Natural Resources Limited is a leading company operating in the Energy sector. The company's share count trajectory — with a 10-year CAGR of -0.5% — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.
Frequently asked questions
CNQ.TO shares outstanding · 4 questionsAs of December 31, 2025, Canadian Natural Resources Limited (CNQ.TO) has approximately 2.091B basic shares outstanding and 2.098B diluted shares outstanding. This represents a -1.63% year-over-year change from FY 2024 (2.126B). Canadian Natural Resources Limited's declining share count is primarily driven by its share buyback program. For the complete historical data table, see the history table above.
▸ Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · Canadian Natural Resources Limited SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-08