Canadian Natural Resources (CNQ) FCF Payout Ratio (2009 - 2026)
Canadian Natural Resources (CNQ) reported FCF Payout Ratio of 0.59 for Q1 2026, up 35.91% on a YoY basis from 0.43 in Q1 2025, and down 168.63% sequentially from 0.85 in Q4 2025.
Canadian Natural Resources (CNQ) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Canadian Natural Resources (CNQ) has 18 years of FCF Payout Ratio data on file, last reported at 0.59 in Q1 2026.
- For the quarter ending Q1 2026, FCF Payout Ratio rose 35.91% year-over-year to 0.59; the trailing twelve-month figure through Mar 2026 stood at 1.31 (up 260.63% YoY), and the FY2025 full-year result was 0.22, down 5.7% from the prior year.
- FCF Payout Ratio declined to 0.59 in Q1 2026, from 0.85 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 0.85 in Q4 2025 to a low of 2.24 in Q3 2022.
- A 5-year average of 0.61 and a median of 0.69 in 2024 frame the typical range for FCF Payout Ratio.
- Across the five-year window, FCF Payout Ratio sank 282.01% in 2022 and jumped 198.39% in 2025, its largest moves.
- Tracing CNQ's FCF Payout Ratio over 5 years: stood at 0.68 in 2022, then slumped by 49.35% to 1.02 in 2023, then grew by 14.85% to 0.87 in 2024, then jumped by 198.39% to 0.85 in 2025, then plunged by 168.63% to 0.59 in 2026.
- Business Quant data shows CNQ's FCF Payout Ratio at 0.59 in Q1 2026, 0.85 in Q4 2025, and 0.53 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 0.77 |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 0.19 |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 0.13 |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | -1.50 |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 0.26 |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 0.26 |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | - |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 0.08 |
| 10 | Canadian Natural Resources | 13.17 Bn | 12.58 Bn | 6.72 Bn | -0.59 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.59 |
| Dec 31, 2025 | 0.85 |
| Sep 30, 2025 | 0.53 |
| Jun 30, 2025 | 0.58 |
| Mar 31, 2025 | -0.91 |
| Dec 31, 2024 | -0.87 |
| Sep 30, 2024 | -0.83 |
| Jun 30, 2024 | -0.69 |
| Mar 31, 2024 | -1.03 |
| Dec 31, 2023 | -1.02 |
| Sep 30, 2023 | -0.89 |
| Jun 30, 2023 | -0.63 |
| Mar 31, 2023 | -0.76 |
| Dec 31, 2022 | -0.68 |
| Sep 30, 2022 | -2.24 |
| Jun 30, 2022 | -0.63 |
| Mar 31, 2022 | -0.50 |
| Dec 31, 2021 | -0.35 |
| Sep 30, 2021 | -0.59 |
| Jun 30, 2021 | -0.45 |