Canadian Natural Resources (CNQ) FCF Payout Ratio (2009 - 2026)
Canadian Natural Resources (CNQ) posted FCF Payout Ratio of 0.59 for Q1 2026, down 159.03% sequentially from 0.99 in Q4 2025, and up 35.91% YoY from 0.43 in Q1 2025.
Canadian Natural Resources (CNQ) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Canadian Natural Resources has reported FCF Payout Ratio for 18 years, with the latest figure at 0.59 in Q1 2026.
- Quarterly FCF Payout Ratio rose 35.91% year-over-year to 0.59 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.39 (up 269.66% YoY) and the FY2025 annual result came in at 0.22, down 5.7% from the prior year.
- FCF Payout Ratio declined to 0.59 in Q1 2026 per CNQ's latest filing, from 0.99 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 0.99 in Q4 2025 and troughed at 2.24 in Q3 2022.
- A 5-year average of 0.6 and a median of 0.69 in 2024 frame the typical range for FCF Payout Ratio.
- The sharpest annual moves came in 2022 and 2025: FCF Payout Ratio tumbled 282.01% in 2022, then surged 214.38% in 2025.
- Over 5 years, FCF Payout Ratio stood at 0.68 in 2022, then sank by 49.35% to 1.02 in 2023, then gained by 14.85% to 0.87 in 2024, then soared by 214.38% to 0.99 in 2025, then tumbled by 159.03% to 0.59 in 2026.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.59, 0.99, and 0.53 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 0.23 |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | -0.55 |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 0.18 |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 0.12 |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 0.16 |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 0.12 |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 0.34 |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 0.59 |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn | 0.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.59 |
| Dec 31, 2025 | 0.99 |
| 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 |