Canadian Natural Resources CNQ
NYSE CNQ
$50.32 +0.25 (+0.50%)
As of: Sep 14, 2026 · 3:59 PM EDT

Canadian Natural Resources (CNQ) Free Cash Flow (2009 - 2026)

Canadian Natural Resources' (CNQ) quarterly Free Cash Flow came in at $6.7 billion in Q2 2026, up 85.18% year-over-year from $3.6 billion in Q2 2025, and up 69.78% quarter-over-quarter from $3.9 billion in Q1 2026.

Analysis

Canadian Natural Resources (CNQ) Free Cash Flow (2009 - 2026) Analysis & Trends

Canadian Natural Resources has disclosed Free Cash Flow across 18 years of filings, most recently posting $6.7 billion for Q2 2026.

  • In Q2 2026, Free Cash Flow rose 85.18% year-over-year to $6.7 billion; the TTM figure through Jun 2026 stood at $18.7 billion (up 62.36% YoY), while the FY2025 annual figure was $15.6 billion, up 16.6% from the prior year.
  • Free Cash Flow came in at $6.7 billion for Q2 2026 at Canadian Natural Resources, up from $3.9 billion in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $6.7 billion in Q2 2026 to a low of -$299.1 million in Q1 2023.
  • Average Free Cash Flow over 5 years is $2.8 billion, with a median of $2.9 billion recorded in 2023.
  • Year-over-year, Free Cash Flow tumbled 121.39% in 2023 and soared 573.31% in 2025.
  • Over 5 years, Free Cash Flow stood at $2.1 billion in 2022, then climbed by 14.1% to $2.4 billion in 2023, then surged by 39.83% to $3.4 billion in 2024, then increased by 10.99% to $3.7 billion in 2025, then soared by 77.67% to $6.7 billion in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $6.7 billion in Q2 2026, $3.9 billion in Q1 2026, and $3.7 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Conocophillips 165.25 Bn 157.56 Bn 12.81 Bn 4.41 Bn
2 Canadian Natural Resources 105.04 Bn 103.15 Bn 8.84 Bn 6.65 Bn
3 Eog Resources 77.79 Bn 72.88 Bn - 3.03 Bn
4 Diamondback Energy 57.62 Bn 57.16 Bn 5.55 Bn 2.59 Bn
5 Devon Energy 46.50 Bn 45.49 Bn 6.02 Bn 2.36 Bn
6 Expand Energy 22.24 Bn 20.97 Bn 2.33 Bn 343.00 Mn
7 Permian Resources 19.88 Bn 19.62 Bn - 984.25 Mn
8 Ovintiv 18.21 Bn 17.33 Bn 2.83 Bn 1.06 Bn
9 Apa 15.83 Bn 15.39 Bn 2.28 Bn 1.14 Bn
10 Antero Resources 11.76 Bn 11.19 Bn 1.56 Bn 131.03 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 6.65 Bn
Mar 31, 2026 3.92 Bn
Dec 31, 2025 3.74 Bn
Sep 30, 2025 4.36 Bn
Jun 30, 2025 3.59 Bn
Mar 31, 2025 3.89 Bn
Dec 31, 2024 3.37 Bn
Sep 30, 2024 647.63 Mn
Jun 30, 2024 1.24 Bn
Mar 31, 2024 853.38 Mn
Dec 31, 2023 2.41 Bn
Sep 30, 2023 1.38 Bn
Jun 30, 2023 374.52 Mn
Mar 31, 2023 -299.09 Mn
Dec 31, 2022 2.11 Bn
Sep 30, 2022 5.54 Bn
Jun 30, 2022 5.71 Bn
Mar 31, 2022 1.40 Bn
Dec 31, 2021 4.97 Bn
Sep 30, 2021 4.17 Bn