Skip to main content
logo
Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
44.75
-1.43 (-3.10%)
At close: Aug 5, 2026, 4:00 PM EDT
44.92
+0.17 (0.38%)
After-hours: Aug 5, 2026, 7:56 PM EDT

Canadian Natural Resources Cash Flow Statement

Millions CAD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
9,71010,8206,1068,23310,9377,664
Depreciation & Amortization
9,3919,3846,6816,4137,3535,724
Stock-Based Compensation
798180279491804514
Other Adjustments
-578-5,9501,063-367218-388
Change in Receivables
-125-940368--
Changes in Inventories
-166-616-219--
Changes in Accounts Payable
-84-34078--
Changes in Accrued Expenses
--316851-812--
Changes in Income Taxes Payable
-504326-1,558--
Changes in Other Operating Activities
-228673-891-2,64079964
Operating Cash Flow
14,10415,10613,38612,35319,39114,478
Operating Cash Flow Growth
-4.72%12.85%8.36%-36.30%33.93%207.13%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-7,471-6,676-5,291-4,865-5,103-4,492
Proceeds from Sale of Investments
--575--128
Cash Acquisitions
---9,163---
Other Investing Activities
-65-119-34058116661
Investing Cash Flow
-7,324-6,687-14,095-4,858-4,987-3,703

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
-803-1,3955,466--1,156-6,151
Net Short-Term Debt Issued (Repaid)
-803-1,3955,466--1,156-6,151
Long-Term Debt Issued
-1,6342,639---
Long-Term Debt Repaid
-1,201-2,060-1,333-701-3,086-1,020
Net Long-Term Debt Issued (Repaid)
-1,201-4261,306-701-3,086-1,020
Issuance of Common Stock
445264280372442707
Repurchase of Common Stock
-1,273-1,449-2,660-3,318-5,571-1,581
Net Common Stock Issued (Repurchased)
-828-1,185-2,380-2,946-5,129-874
Common Dividends Paid
-4,911-4,871-4,429-3,891-4,926-2,170
Other Financing Activities
----69-
Financing Cash Flow
-6,109-7,877-37-7,538-14,228-10,215

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
671542-746-43176560

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
6,6338,4308,0957,48814,2889,986
Free Cash Flow Growth
-28.35%4.14%8.11%-47.59%43.08%362.53%
FCF Margin
17.17%21.75%22.70%20.82%33.78%33.22%
Free Cash Flow Per Share
3.174.023.783.406.224.21
Levered Free Cash Flow
9,39812,81813,5983,9299,0242,689
Unlevered Free Cash Flow
7,91410,5418,0904,87214,1099,551
SEC Filings: 10-K · 10-Q