Canadian Natural Resources CNQ
NYSE CNQ
$50.44 -0.69 (-1.35%)
At close: Sep 4, 2026 · 4:00 PM EDT

Canadian Natural Resources (CNQ) Payout Ratio (2009 - 2026)

Canadian Natural Resources' (CNQ) quarterly Payout Ratio came in at 0.27 in Q2 2026, up 47.92% year-over-year from 0.18 in Q2 2025, and up 74.0% quarter-over-quarter from 1.04 in Q1 2026.

Analysis

Canadian Natural Resources (CNQ) Payout Ratio (2009 - 2026) Analysis & Trends

Canadian Natural Resources has disclosed Payout Ratio across 18 years of filings, most recently posting 0.27 for Q2 2026.

  • In Q2 2026, Payout Ratio rose 47.92% year-over-year to 0.27; the TTM figure through Jun 2026 stood at 0.4 (up 23.82% YoY), while the FY2025 annual figure was 0.43, up 36.63% from the prior year.
  • Payout Ratio came in at 0.27 for Q2 2026 at Canadian Natural Resources, up from 1.04 in the prior quarter.
  • In the past five years, Payout Ratio ranged from a high of 0.19 in Q4 2025 to a low of 867.95 in Q1 2024.
  • Average Payout Ratio over 5 years is 160.82, with a median of 0.94 recorded in 2026.
  • Year-over-year, Payout Ratio sank 221456.22% in 2022 and soared 99.95% in 2025.
  • Over 5 years, Payout Ratio stood at 448.47 in 2022, then jumped by 33.95% to 296.23 in 2023, then jumped by 99.73% to 0.81 in 2024, then soared by 76.09% to 0.19 in 2025, then tumbled by 39.28% to 0.27 in 2026.
  • Per Business Quant data, the three most recent Payout Ratio figures were 0.27 in Q2 2026, 1.04 in Q1 2026, and 0.19 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Conocophillips 161.33 Bn 153.64 Bn 12.81 Bn
2 Canadian Natural Resources 104.99 Bn 103.10 Bn 8.84 Bn
3 Eog Resources 76.13 Bn 71.22 Bn -
4 Diamondback Energy 55.89 Bn 61.52 Bn 5.55 Bn
5 Devon Energy 52.87 Bn 51.86 Bn 6.02 Bn
6 Expand Energy 22.67 Bn 21.40 Bn 2.33 Bn
7 Permian Resources 19.56 Bn 19.30 Bn -
8 Ovintiv 17.91 Bn 17.03 Bn 2.83 Bn
9 Apa 14.98 Bn 15.46 Bn 2.28 Bn
10 Antero Resources 12.17 Bn 11.60 Bn 1.56 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -0.27
Mar 31, 2026 -1.04
Dec 31, 2025 -0.19
Sep 30, 2025 -18.06
Jun 30, 2025 -0.52
Mar 31, 2025 -0.46
Dec 31, 2024 -0.81
Sep 30, 2024 -0.46
Jun 30, 2024 -0.65
Mar 31, 2024 -867.95
Dec 31, 2023 -296.23
Sep 30, 2023 -341.39
Jun 30, 2023 -0.68
Mar 31, 2023 -425.67
Dec 31, 2022 -448.47
Sep 30, 2022 -0.84
Jun 30, 2022 -286.51
Mar 31, 2022 -204.49
Dec 31, 2021 -0.20
Sep 30, 2021 -0.25