Canadian Natural Resources Ltd Cash Flow Reinvestment Rate
Canadian Natural Resources Ltd cash flow reinvestment rate. Canadian Natural Resources Ltd (CNQ) has a Cash Flow Reinvestment Rate of 1.11x as of September 2025, reinvesting CA$4.36 Billion (capex CA$2.12 Billion plus investments CA$-2.23 Billion) from operating cash flow of CA$3.94 Billion. See Canadian Natural Resources Ltd free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Cash Flow Reinvestment Rate of Canadian Natural Resources Ltd (1993–2024)
Cash flow reinvestment rate of Canadian Natural Resources Ltd from 1993 to 2024. Historical reinvestment intensity for Canadian Natural Resources Ltd across 32 annual periods. Explore debt repayment capacity of Canadian Natural Resources Ltd to assess how comfortably operating cash covers total debt obligations.
Canadian Natural Resources Ltd Cash Flow Reinvestment Rate by Year (1993–2024)
Canadian Natural Resources Ltd cash flow reinvestment rate by year from 1993 to 2024. Year-by-year capital reinvestment analysis for Canadian Natural Resources Ltd. For the full cash flow conversion analysis, see CNQ cash generation efficiency.
| Year | Reinvestment Rate | Total Reinvested (CAD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 1.46x | CA$19.48 Billion | CA$13.39 Billion | CA$5.38 Billion | ▲ +84.0% |
| 2023 | 0.79x | CA$9.77 Billion | CA$12.35 Billion | CA$4.91 Billion | ▲ +51.9% |
| 2022 | 0.52x | CA$10.09 Billion | CA$19.39 Billion | CA$5.10 Billion | ▲ +63.1% |
| 2021 | 0.32x | CA$4.62 Billion | CA$14.48 Billion | CA$4.49 Billion | ▼ -72.0% |
| 2020 | 1.14x | CA$5.37 Billion | CA$4.71 Billion | CA$2.56 Billion | ▼ -6.7% |
| 2019 | 1.22x | CA$10.79 Billion | CA$8.83 Billion | CA$3.54 Billion | ▲ +37.6% |
| 2018 | 0.89x | CA$8.99 Billion | CA$10.12 Billion | CA$4.17 Billion | ▼ -63.5% |
| 2017 | 2.43x | CA$17.68 Billion | CA$7.26 Billion | CA$4.57 Billion | ▲ +10.4% |
| 2016 | 2.21x | CA$7.61 Billion | CA$3.45 Billion | CA$3.80 Billion | ▲ +7.2% |
| 2015 | 2.06x | CA$11.59 Billion | CA$5.63 Billion | CA$4.70 Billion | ▲ +70.6% |
| 2014 | 1.21x | CA$10.21 Billion | CA$8.46 Billion | CA$10.21 Billion | ▲ +20.8% |
| 2013 | 1.00x | CA$7.21 Billion | CA$7.22 Billion | CA$7.21 Billion | ▲ +1.6% |
| 2012 | 0.98x | CA$6.10 Billion | CA$6.21 Billion | CA$6.10 Billion | ▼ -1.0% |
| 2011 | 0.99x | CA$6.20 Billion | CA$6.24 Billion | CA$6.20 Billion | ▲ +17.0% |
| 2010 | 0.85x | CA$5.33 Billion | CA$6.28 Billion | CA$5.33 Billion | ▲ +65.3% |
| 2009 | 0.51x | CA$2.98 Billion | CA$5.81 Billion | CA$2.98 Billion | ▼ -53.2% |
| 2008 | 1.10x | CA$7.43 Billion | CA$6.77 Billion | CA$7.43 Billion | ▼ -1.1% |
| 2007 | 1.11x | CA$6.46 Billion | CA$5.82 Billion | CA$6.46 Billion | ▼ -36.1% |
| 2006 | 1.74x | CA$7.27 Billion | CA$4.18 Billion | CA$7.27 Billion | ▲ +56.3% |
| 2005 | 1.11x | CA$5.34 Billion | CA$4.80 Billion | CA$5.34 Billion | ▼ -10.4% |
| 2004 | 1.24x | CA$4.58 Billion | CA$3.69 Billion | CA$4.58 Billion | ▲ +54.0% |
| 2003 | 0.81x | CA$2.53 Billion | CA$3.13 Billion | CA$2.53 Billion | ▼ -6.9% |
| 2002 | 0.87x | CA$1.75 Billion | CA$2.02 Billion | CA$1.75 Billion | ▼ -16.1% |
| 2001 | 1.03x | CA$1.95 Billion | CA$1.89 Billion | CA$1.95 Billion | ▲ +46.0% |
| 2000 | 0.71x | CA$1.30 Billion | CA$1.83 Billion | CA$1.30 Billion | ▼ -75.3% |
| 1999 | 2.87x | CA$1.92 Billion | CA$668.40 Million | CA$1.92 Billion | ▲ +42.5% |
| 1998 | 2.01x | CA$741.49 Million | CA$368.42 Million | CA$741.49 Million | ▼ -9.2% |
| 1997 | 2.22x | CA$1.15 Billion | CA$520.37 Million | CA$1.15 Billion | ▼ -32.4% |
| 1996 | 3.28x | CA$1.21 Billion | CA$370.60 Million | CA$1.21 Billion | ▲ +95.2% |
| 1995 | 1.68x | CA$248.30 Million | CA$147.90 Million | CA$248.30 Million | ▼ -29.9% |
| 1994 | 2.39x | CA$361.40 Million | CA$150.90 Million | CA$361.40 Million | ▼ -23.4% |
| 1993 | 3.13x | CA$281.40 Million | CA$90.00 Million | CA$281.40 Million | — |