Canadian Natural Resources (CNQ) EV to FCF (2010 - 2026)
Canadian Natural Resources' (CNQ) EV to FCF came in at 7.17 for the quarter ended Jun 30, 2026, down 50.2% from the prior quarter.
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Analysis
Canadian Natural Resources (CNQ) EV to FCF (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to FCF at Canadian Natural Resources was 7.06; for the year ended Dec 31, 2025, it was 6.47, down 78.9% from the prior year.
- In prior years, Canadian Natural Resources' EV to FCF was 30.74 in the year ended Dec 31, 2024 (+304.3%), 7.60 in the year ended Dec 31, 2023 (+87.4%), 4.06 in the year ended Dec 31, 2022 (-1.8%) and 4.13 in the year ended Dec 31, 2021 (-83.2%).
- The figure for the quarter ended Jun 30, 2026 stands as the lowest quarterly EV to FCF since the quarter ended Jun 30, 2023.
- On a year-over-year basis, EV to FCF increased in two of the last four quarters, with growth averaging 130.6%.
- The strongest year-over-year quarter for EV to FCF in the past five years was the quarter ended Mar 31, 2025, with growth of 697.3%; the weakest was the quarter ended Dec 31, 2025, with a decline of 97.2%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - |
| 10 | Eog Resources | 72.25 Bn | 56.57 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.17 |
| Mar 31, 2026 | 14.40 |
| Dec 31, 2025 | 10.67 |
| Mar 31, 2025 | 69.15 |
| Dec 31, 2024 | 378.10 |
| Sep 30, 2024 | 8.06 |
| Jun 30, 2024 | 7.34 |
| Mar 31, 2024 | 8.67 |
| Dec 31, 2023 | 7.61 |
| Sep 30, 2023 | 7.95 |
| Jun 30, 2023 | 5.62 |
| Mar 31, 2023 | 4.89 |
| Dec 31, 2022 | 4.80 |
| Sep 30, 2022 | 4.15 |
| Jun 30, 2022 | 5.22 |
| Mar 31, 2022 | 7.38 |
| Dec 31, 2021 | 4.55 |
| Sep 30, 2021 | 6.10 |
| Jun 30, 2021 | 9.54 |
| Mar 31, 2021 | 14.30 |
API Access
Canadian Natural Resources EV to FCF 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=ev-to-fcf&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();