Canadian Natural Resources (CNQ) Cash from Operations (2009 - 2026)
Canadian Natural Resources' (CNQ) quarterly Cash from Operations came in at $4.9 billion in Q2 2026, up 119.48% year-over-year from $2.2 billion in Q2 2025, and up 106.1% quarter-over-quarter from $2.4 billion in Q1 2026.
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Analysis
Canadian Natural Resources (CNQ) Cash from Operations (2009 - 2026) Analysis & Trends
Canadian Natural Resources has disclosed Cash from Operations across 17 years of filings, most recently posting $4.9 billion for Q2 2026.
- In Q2 2026, Cash from Operations rose 119.48% year-over-year to $4.9 billion; the TTM figure through Jun 2026 stood at $12.9 billion (up 30.34% YoY), while the FY2025 annual figure was $10.8 billion, up 12.83% from the prior year.
- Cash from Operations came in at $4.9 billion for Q2 2026 at Canadian Natural Resources, up from $2.4 billion in the prior quarter.
- In the past five years, Cash from Operations ranged from a high of $4.9 billion in Q2 2026 to a low of $957.9 million in Q1 2023.
- Average Cash from Operations over 5 years is $2.9 billion, with a median of $2.8 billion recorded in 2022.
- Year-over-year, Cash from Operations plunged 66.42% in 2023 and jumped 122.19% in 2024.
- Over 5 years, Cash from Operations stood at $3.3 billion in 2022, then climbed by 5.65% to $3.5 billion in 2023, then slumped by 30.54% to $2.5 billion in 2024, then climbed by 9.98% to $2.7 billion in 2025, then surged by 82.55% to $4.9 billion in 2026.
- Per Business Quant data, the three most recent Cash from Operations figures were $4.9 billion in Q2 2026, $2.4 billion in Q1 2026, and $2.7 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 153.22 Bn | 145.53 Bn | 12.81 Bn | 7.43 Bn |
| 2 | Canadian Natural Resources | 100.56 Bn | 98.67 Bn | 8.84 Bn | 4.93 Bn |
| 3 | Eog Resources | 74.16 Bn | 69.25 Bn | - | 4.67 Bn |
| 4 | Diamondback Energy | 53.10 Bn | 58.73 Bn | 5.55 Bn | 3.59 Bn |
| 5 | Devon Energy | 52.37 Bn | 51.36 Bn | 6.02 Bn | 3.67 Bn |
| 6 | Expand Energy | 20.29 Bn | 19.03 Bn | 2.33 Bn | 1.10 Bn |
| 7 | Permian Resources | 18.41 Bn | 18.15 Bn | - | 1.51 Bn |
| 8 | Ovintiv | 16.64 Bn | 15.76 Bn | 2.83 Bn | 1.63 Bn |
| 9 | Apa | 15.35 Bn | 15.83 Bn | 2.28 Bn | 1.71 Bn |
| 10 | Antero Resources | 10.48 Bn | 9.91 Bn | 1.56 Bn | 438.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.93 Bn |
| Mar 31, 2026 | 2.39 Bn |
| Dec 31, 2025 | 2.70 Bn |
| Sep 30, 2025 | 2.86 Bn |
| Jun 30, 2025 | 2.25 Bn |
| Mar 31, 2025 | 2.99 Bn |
| Dec 31, 2024 | 2.46 Bn |
| Sep 30, 2024 | 2.20 Bn |
| Jun 30, 2024 | 2.99 Bn |
| Mar 31, 2024 | 2.13 Bn |
| Dec 31, 2023 | 3.54 Bn |
| Sep 30, 2023 | 2.61 Bn |
| Jun 30, 2023 | 2.04 Bn |
| Mar 31, 2023 | 957.91 Mn |
| Dec 31, 2022 | 3.35 Bn |
| Sep 30, 2022 | 4.68 Bn |
| Jun 30, 2022 | 4.62 Bn |
| Mar 31, 2022 | 2.85 Bn |
| Dec 31, 2021 | 3.74 Bn |
| Sep 30, 2021 | 3.41 Bn |
API Access
Canadian Natural Resources Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "CNQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();