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Side-by-side financial comparison of CANADIAN NATURAL RESOURCES LTD (CNQ) and Shell plc (SHEL). Click either name above to swap in a different company.

Canadian Natural Resources Limited, or CNRL or Canadian Natural is a senior Canadian oil and natural gas company that operates primarily in the Western Canadian provinces of British Columbia, Alberta, Saskatchewan, and Manitoba, with offshore operations in the United Kingdom sector of the North Sea, and offshore Côte d'Ivoire and Gabon. The company, which is headquartered in Calgary, Alberta, has the largest undeveloped base in the Western Canadian Sedimentary Basin. It is the largest indepe...

Shell plc is a British multinational oil and gas company, headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue, and among the world's largest companies out of any industry. Measured by both its own emissions, and the emissions of ...

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CNQ
CNQ
SHEL
SHEL
Q2 25
$65.4B
Q1 25
$69.2B
Q2 24
$74.5B
Q1 24
$72.5B
Q2 23
$74.6B
Q1 23
$87.0B
Q2 22
$100.1B
Q1 22
$84.2B
Net Profit
CNQ
CNQ
SHEL
SHEL
Q2 25
$3.6B
Q1 25
$4.9B
Q2 24
$3.6B
Q1 24
$7.4B
Q2 23
$3.2B
Q1 23
$8.8B
Q2 22
$18.2B
Q1 22
$7.3B
Net Margin
CNQ
CNQ
SHEL
SHEL
Q2 25
5.6%
Q1 25
7.0%
Q2 24
4.9%
Q1 24
10.3%
Q2 23
4.2%
Q1 23
10.1%
Q2 22
18.2%
Q1 22
8.7%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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