Canadian Natural Resources (CNQ) Net Cash Flow (2009 - 2026)
Canadian Natural Resources (CNQ) posted Net Cash Flow of -$2.3 billion for Q1 2026, down 301.6% sequentially from -$579.4 million in Q4 2025, and up 22.75% YoY from -$1.9 billion in Q1 2025.
Canadian Natural Resources (CNQ) Net Cash Flow (2009 - 2026) Analysis & Trends
Canadian Natural Resources has reported Net Cash Flow for 18 years, with the latest figure at -$2.3 billion in Q1 2026.
- Quarterly Net Cash Flow rose 22.75% year-over-year to -$2.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.0 billion (up 82.42% YoY) and the FY2025 annual result came in at $387.9 million, up 171.19% from the prior year.
- Net Cash Flow fell to -$2.3 billion in Q1 2026 per CNQ's latest filing, from -$579.4 million in the prior quarter.
- Over five years, Net Cash Flow peaked at $560.8 million in Q2 2025 and troughed at -$4.5 billion in Q2 2022.
- A 5-year average of -$2.3 billion and a median of -$2.6 billion in 2023 frame the typical range for Net Cash Flow.
- The sharpest annual moves came in 2022 and 2025: Net Cash Flow sank 89.94% in 2022, then jumped 119.49% in 2025.
- Over 5 years, Net Cash Flow stood at -$3.1 billion in 2022, then increased by 3.29% to -$3.0 billion in 2023, then rose by 3.53% to -$2.9 billion in 2024, then soared by 79.88% to -$579.4 million in 2025, then plunged by 301.6% to -$2.3 billion in 2026.
- According to Business Quant data, Net Cash Flow over the past three periods registered -$2.3 billion, -$579.4 million, and $391.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 753.00 Mn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | -3.62 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 1.06 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 288.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | -810.00 Mn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 1.16 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | -213.71 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 446,000.00 |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn | -1.54 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.33 Bn |
| Mar 31, 2026 | -2.33 Bn |
| Dec 31, 2025 | -579.41 Mn |
| Dec 31, 2025 | -579.41 Mn |
| Sep 30, 2025 | 391.66 Mn |
| Sep 30, 2025 | 391.66 Mn |
| Jun 30, 2025 | 560.77 Mn |
| Jun 30, 2025 | 560.77 Mn |
| Mar 31, 2025 | -3.01 Bn |
| Mar 31, 2025 | -3.01 Bn |
| Dec 31, 2024 | -2.88 Bn |
| Dec 31, 2024 | -2.88 Bn |
| Sep 30, 2024 | -2.34 Bn |
| Sep 30, 2024 | -2.34 Bn |
| Jun 30, 2024 | -2.88 Bn |
| Jun 30, 2024 | -2.88 Bn |
| Mar 31, 2024 | -2.21 Bn |
| Mar 31, 2024 | -2.21 Bn |
| Dec 31, 2023 | -2.98 Bn |
| Dec 31, 2023 | -2.98 Bn |