Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
46.33
-2.40 (-4.93%)
Apr 1, 2026, 1:37 PM EDT - Market open

Canadian Natural Resources Cash Flow Statement

Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
10,8206,1068,23310,9377,664
Depreciation & Amortization
9,3846,6816,4137,3535,724
Stock-Based Compensation
180279491804514
Other Adjustments
-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
673-891-2,64079964
Operating Cash Flow
15,10613,38612,35319,39114,478
Operating Cash Flow Growth
12.85%8.36%-36.30%33.93%207.13%
Capital Expenditures
-6,676-5,291-4,865-5,103-4,492
Proceeds from Sale of Investments
-575--128
Payments for Business Acquisitions
--9,163---
Other Investing Activities
-119-34058116661
Investing Cash Flow
-6,687-14,095-4,858-4,987-3,703
Short-Term Debt Issued
-1,3955,466--1,156-6,151
Net Short-Term Debt Issued (Repaid)
-1,3955,466--1,156-6,151
Long-Term Debt Issued
1,6342,639---
Long-Term Debt Repaid
-2,060-1,333-701-3,086-1,020
Net Long-Term Debt Issued (Repaid)
-4261,306-701-3,086-1,020
Issuance of Common Stock
264280372442707
Repurchase of Common Stock
-1,449-2,660-3,318-5,571-1,581
Net Common Stock Issued (Repurchased)
-1,185-2,380-2,946-5,129-874
Common Dividends Paid
-4,871-4,429-3,891-4,926-2,170
Other Financing Activities
---69-
Financing Cash Flow
-7,877-37-7,538-14,228-10,215
Net Cash Flow
542-746-43176560
Free Cash Flow
8,4308,0957,48814,2889,986
Free Cash Flow Growth
4.14%8.11%-47.59%43.08%362.53%
FCF Margin
21.75%22.70%20.82%33.78%33.22%
Free Cash Flow Per Share
4.023.783.406.224.21
Levered Free Cash Flow
12,81813,5983,9299,0242,689
Unlevered Free Cash Flow
10,5418,0904,87214,1099,551
Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q