Canadian Natural Resources (CNQ) Price to FCF (2010 - 2026)
Canadian Natural Resources' (CNQ) quarterly Price to FCF came in at 12.36 in Q2 2026, down 32.76% year-over-year from 18.38 in Q2 2025, and down 52.26% quarter-over-quarter from 25.88 in Q1 2026.
Analysis
Canadian Natural Resources (CNQ) Price to FCF (2010 - 2026) Analysis & Trends
Canadian Natural Resources has disclosed Price to FCF across 17 years of filings, most recently posting 12.36 for Q2 2026.
- In Q2 2026, Price to FCF fell 32.76% year-over-year to 12.36; the TTM figure through Jun 2026 stood at 4.4 (down 23.31% YoY), while the FY2025 annual figure was 4.52, down 6.92% from the prior year.
- Price to FCF came in at 12.36 for Q2 2026 at Canadian Natural Resources, down from 25.88 in the prior quarter.
- In the past five years, Price to FCF ranged from a high of 165.64 in Q2 2023 to a low of 204.02 in Q1 2023.
- Average Price to FCF over 5 years is 29.84, with a median of 22.56 recorded in 2024.
- The largest YoY upside for Price to FCF was 1438.27% in 2023 against a maximum downside of 502.16% in 2023.
- Over 5 years, Price to FCF stood at 28.95 in 2022, then advanced by 0.59% to 29.12 in 2023, then slumped by 33.92% to 19.24 in 2024, then declined by 2.21% to 18.82 in 2025, then slumped by 34.32% to 12.36 in 2026.
- Per Business Quant data, the three most recent Price to FCF figures were 12.36 in Q2 2026, 25.88 in Q1 2026, and 18.82 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn |
| 10 | Antero Resources | 12.13 Bn | 11.56 Bn | 1.56 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.36 |
| Mar 31, 2026 | 25.88 |
| Dec 31, 2025 | 18.82 |
| Sep 30, 2025 | 15.41 |
| Jun 30, 2025 | 18.38 |
| Mar 31, 2025 | 16.65 |
| Dec 31, 2024 | 19.24 |
| Sep 30, 2024 | 109.99 |
| Jun 30, 2024 | 61.78 |
| Mar 31, 2024 | 95.91 |
| Dec 31, 2023 | 29.12 |
| Sep 30, 2023 | 51.73 |
| Jun 30, 2023 | 165.64 |
| Mar 31, 2023 | -204.02 |
| Dec 31, 2022 | 28.95 |
| Sep 30, 2022 | 9.81 |
| Jun 30, 2022 | 10.77 |
| Mar 31, 2022 | 50.73 |
| Dec 31, 2021 | 9.72 |
| Sep 30, 2021 | 10.17 |