Canadian Natural Resources (Canadian Natural Resources) Accumulated Depreciation : $-61,376 Mil (As of Dec. 2023)

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What is Canadian Natural Resources Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Canadian Natural Resources's quarterly accumulated depreciation declined from Jun. 2023 ($-59,831 Mil) to Sep. 2023 ($-59,780 Mil) but then increased from Sep. 2023 ($-59,780 Mil) to Dec. 2023 ($-61,376 Mil).

Canadian Natural Resources's annual accumulated depreciation increased from Dec. 2021 ($-55,220 Mil) to Dec. 2022 ($-57,084 Mil) and increased from Dec. 2022 ($-57,084 Mil) to Dec. 2023 ($-61,376 Mil).

Canadian Natural Resources Accumulated Depreciation Historical Data

The historical data trend for Canadian Natural Resources's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Canadian Natural Resources Accumulated Depreciation Chart

Canadian Natural Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-46,887.39

-51,637.91

-55,220.31

-57,083.55

-61,375.97

Canadian Natural Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-57,083.55	-57,478.62	-59,831.40	-59,779.77	-61,375.97

Canadian Natural Resources Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Canadian Natural Resources Accumulated Depreciation Related Terms

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Canadian Natural Resources (Canadian Natural Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Canadian Natural Resources Ltd (NYSE:CNQ) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

CRC:Germany CRC:Germany CNQ:Canada

Address

855 - 2nd Street South West, Suite 2100, Calgary, AB, CAN, T2P 4J8

Website

https://www.cnrl.com

Canadian Natural Resources Ltd is an independent crude oil and natural gas exploration, development, and production company. The Company's exploration and production operations are focused in North America, largely in Western Canada; the United Kingdom (UK) portion of the North Sea, and Cote d'Ivoire and South Africa in Offshore Africa. The Company's exploration and production activities are conducted in three geographic segments: North America, the North Sea, and Offshore Africa. These activities include the exploration, development, production, and marketing of crude oil, natural gas liquids, and natural gas. The company has two divisions; Oil Sands Mining and Upgrading Midstream and Refining. It derives a majority of its revenue from North America.