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Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
48.55
-0.37 (-0.76%)
At close: Nov 6, 2026, 4:00 PM EST
48.67
+0.12 (0.26%)
After-hours: Nov 6, 2026, 7:39 PM EST

Canadian Natural Resources Cash Flow Statement

Millions CAD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Net Income
2,9974,5031,3485,3036002,4592,4581,1382,2661,7159872,6272,3441,4631,7991,5202,8143,5023,1012,534
Depreciation & Amortization
2,1462,0001,9752,1692,0481,8551,9611,8391,6951,7461,6301,7161,6291,4881,5101,5911,5361,4211,4661,519
Loss (Gain) From Sale of Investments
----4,972-----25-7540-41-407-88-3625-83-3
Stock-Based Compensation
431-196644836382644-46-13294572987066319-4-45534191
Other Operating Activities
-3083961331,051797-1,232-243974-2339647-187356-253-179685764515-22551
Change in Other Net Operating Assets
1,744120-8181344322482-563-680515-15562-1,08817-1,9085171,024478-1,940420
Operating Cash Flow
7,0106,8233,2823,7683,9403,1144,2843,4323,0024,0842,8684,8153,4982,7451,2954,5446,0985,8962,8534,712
Operating Cash Flow Growth (YoY)
77.92%119.11%-23.39%9.79%31.25%-23.75%49.37%-28.72%-14.18%48.78%121.47%5.96%-42.64%-53.44%-54.61%-3.56%42.14%100.54%12.50%271.02%

Investing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Capital Expenditures
-1,883-2,405-2,178-1,449-2,124-1,915-1,303-1,300-1,349-1,625-1,113-975-1,111-1,569-1,257-1,233-1,135-1,380-1,388-1,554
Sale of Property, Plant & Equipment
---------4--3-------
Cash Acquisitions
--------9,163------------
Investment in Securities
---------575----------
Other Investing Activities
243-63229249-110-26-9497531-27929-919104-29635137-61
Investing Cash Flow
-1,640-2,468-1,949-1,200-2,234-1,941-1,312-10,414-1,274-1,015-1,392-946-1,199-1,560-1,153-1,262-1,129-1,345-1,251-1,615

Financing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Long-Term Debt Issued
--101-712471-------345588---348-
Total Debt Issued
--101942712471-8,105----202-345588---348-
Long-Term Debt Repaid
-607-168-101--910-82-1,451--84-1,086-79--802-68-78--391-1,693-1,049-
Lease Payments
-107-101-101-108-87-82-84-84-84-78-79-79-71-68-67-83-50-50-49-55
Total Debt Repaid
-607-168-101-1,503-910-82-1,451-84-84-1,086-79-484-802-68-78-1,457-391-1,693-1,049-2,217
Net Debt Issued (Repaid)
-607-168--561-198389-1,4518,021-84-1,086-79-686-802277510-1,457-391-1,693-701-2,217
Issuance of Common Stock
27252937340391123221521759884471431102357252360
Repurchase of Common Stock
-1,598-1,098-311-294-309-359-487-551-741-762-606-1,549-594-490-685-746-1,737-2,005-1,083-838
Common Dividends Paid
-1,294-1,304-1,224-1,226-1,228-1,233-1,184-1,110-1,118-1,125-1,076-980-984-989-938-818.48-844-871-689-552
Other Financing Activities
-----------------69--
Financing Cash Flow
-3,472-2,545-1,242-2,008-1,695-1,164-3,0106,392-1,922-2,921-1,586-3,117-2,296-1,155-970-2,927-4,637-4,443-2,221-3,247

Net Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Net Cash Flow
1,8981,81091560119-38-590-194148-110752330-828355332108-619-150

Free Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Free Cash Flow
5,1274,4181,1042,3191,8161,1992,9812,1321,6532,4591,7553,8402,3871,176383,3114,9634,5161,4653,158
Free Cash Flow Growth (YoY)
182.32%268.47%-62.97%8.77%9.86%-51.24%69.86%-44.48%-30.75%109.10%4518.42%15.98%-51.90%-73.96%-97.41%4.84%48.91%166.27%-18.38%478.39%
Free Cash Flow Margin
40.08%29.97%10.21%24.13%19.08%13.79%27.25%22.52%18.59%27.17%21.29%40.20%24.12%14.90%0.44%34.17%47.46%39.36%13.72%34.28%
Free Cash Flow Per Share
2.482.110.531.110.870.571.411.000.781.140.811.761.080.530.021.482.191.940.621.33
Levered Free Cash Flow
5,5643,0931,6101,879826.381,0262,6911,6961,2292,1281,7093,2461,799999.514.882,2564,0263,4911,7162,959
Unlevered Free Cash Flow
5,7223,2541,8082,043993.251,1792,8561,8141,3282,2311,8093,3521,9131,109116.752,3624,1313,5951,8213,086
Free Cash Flow After Leases
5,0204,3171,0032,2111,7291,1172,8972,0481,5692,3811,6763,7612,3161,108-293,2284,9134,4661,4163,103

Additional Metrics

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash Interest Paid
218222201238246237257105174126181602--------
Cash Income Tax Paid
7586296635252832296851873224371987613496511,5563,057-4111,75932
Change in Working Capital
1,744120-8181344322482-563-680515-15562-1,08817-1,9085171,024478-1,940420
SEC Filings: 10-K · 10-Q