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

Canadian Natural Resources (CNQ) reported Net Cash Flow of -$2.3 billion for Q1 2026, up 22.75% on a YoY basis from -$1.9 billion in Q1 2025, and down 301.6% sequentially from -$579.4 million in Q4 2025.

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

Canadian Natural Resources (CNQ) has 18 years of Net Cash Flow data on file, last reported at -$2.3 billion in Q1 2026.

  • For the quarter ending Q1 2026, Net Cash Flow rose 22.75% year-over-year to -$2.3 billion; the trailing twelve-month figure through Mar 2026 stood at -$2.0 billion (up 82.42% YoY), and the FY2025 full-year result was $387.9 million, up 171.19% from the prior year.
  • Net Cash Flow fell to -$2.3 billion in Q1 2026, from -$579.4 million in the prior quarter.
  • In the past five years, Net Cash Flow ranged from a high of $560.8 million in Q2 2025 to a low of -$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.
  • Across the five-year window, Net Cash Flow tumbled 89.94% in 2022 and surged 119.49% in 2025, its largest moves.
  • Tracing CNQ's Net Cash Flow over 5 years: stood at -$3.1 billion in 2022, then advanced by 3.29% to -$3.0 billion in 2023, then climbed by 3.53% to -$2.9 billion in 2024, then soared by 79.88% to -$579.4 million in 2025, then sank by 301.6% to -$2.3 billion in 2026.
  • Business Quant data shows CNQ's Net Cash Flow at -$2.3 billion in Q1 2026, -$579.4 million in Q4 2025, and $391.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Cash Flow (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn -699.00 Mn
2 Eog Resources 74.61 Bn 70.76 Bn - 453.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 70.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 1.80 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn -213.71 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 102.76 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 381.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 1.61 Bn
10 Canadian Natural Resources 13.17 Bn 12.58 Bn 6.72 Bn -2.33 Bn

Historic Data

Download Data
DateValue
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