Canadian Natural Resources Ltd Free Cash Flow Generation Index

Latest as of September 2025: 0.46x

Canadian Natural Resources Ltd free cash flow generation index. Canadian Natural Resources Ltd (CNQ) has a Free Cash Flow Generation Index of 0.46x as of September 2025. Free cash flow of CA$1.82 Billion represents 0% of operating cash flow (CA$3.94 Billion). Check Canadian Natural Resources Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

FCF Generation Index

0.46x
Free Cash Flow / Operating CF

Free Cash Flow

CA$1.82 Billion
CAD

Operating Cash Flow

CA$3.94 Billion
CAD

Capital Expenditures

CA$2.12 Billion
CAD

Free Cash Flow Generation Index of Canadian Natural Resources Ltd (1993–2024)

Free cash flow generation index of Canadian Natural Resources Ltd from 1993 to 2024. Historical FCF Generation Index trend for Canadian Natural Resources Ltd across 32 annual periods. Explore CNQ capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Canadian Natural Resources Ltd Free Cash Flow Generation Index by Year (1993–2024)

Canadian Natural Resources Ltd free cash flow generation index by year from 1993 to 2024. Year-by-year Free Cash Flow Generation Index for Canadian Natural Resources Ltd. For the full cash flow conversion analysis, see cash flow conversion of Canadian Natural Resources Ltd.

Year FCG Index Free Cash Flow (CAD) Operating CF Capital Expenditures YoY Change
2024 0.60x CA$8.00 Billion CA$13.39 Billion CA$5.38 Billion ▼ -0.8%
2023 0.60x CA$7.44 Billion CA$12.35 Billion CA$4.91 Billion ▼ -18.2%
2022 0.74x CA$14.29 Billion CA$19.39 Billion CA$5.10 Billion ▲ +6.8%
2021 0.69x CA$9.99 Billion CA$14.48 Billion CA$4.49 Billion ▲ +50.6%
2020 0.46x CA$2.16 Billion CA$4.71 Billion CA$2.56 Billion ▼ -23.6%
2019 0.60x CA$5.29 Billion CA$8.83 Billion CA$3.54 Billion ▲ +2.1%
2018 0.59x CA$5.95 Billion CA$10.12 Billion CA$4.17 Billion ▲ +58.7%
2017 0.37x CA$2.69 Billion CA$7.26 Billion CA$4.57 Billion ▲ +464.0%
2016 -0.10x CA$-351.00 Million CA$3.45 Billion CA$3.80 Billion ▼ -161.7%
2015 0.16x CA$928.00 Million CA$5.63 Billion CA$4.70 Billion ▲ +179.7%
2014 -0.21x CA$-1.75 Billion CA$8.46 Billion CA$10.21 Billion ▼ -21420.1%
2013 0.00x CA$7.00 Million CA$7.22 Billion CA$7.21 Billion ▼ -94.3%
2012 0.02x CA$105.00 Million CA$6.21 Billion CA$6.10 Billion ▲ +151.4%
2011 0.01x CA$42.00 Million CA$6.24 Billion CA$6.20 Billion ▼ -95.5%
2010 0.15x CA$949.00 Million CA$6.28 Billion CA$5.33 Billion ▼ -69.0%
2009 0.49x CA$2.83 Billion CA$5.81 Billion CA$2.98 Billion ▲ +593.8%
2008 -0.10x CA$-666.59 Million CA$6.77 Billion CA$7.43 Billion ▲ +11.2%
2007 -0.11x CA$-645.55 Million CA$5.82 Billion CA$6.46 Billion ▲ +85.0%
2006 -0.74x CA$-3.09 Billion CA$4.18 Billion CA$7.27 Billion ▼ -553.4%
2005 -0.11x CA$-543.09 Million CA$4.80 Billion CA$5.34 Billion ▲ +53.2%
2004 -0.24x CA$-892.73 Million CA$3.69 Billion CA$4.58 Billion ▼ -225.1%
2003 0.19x CA$605.44 Million CA$3.13 Billion CA$2.53 Billion ▲ +44.4%
2002 0.13x CA$270.70 Million CA$2.02 Billion CA$1.75 Billion ▲ +517.8%
2001 -0.03x CA$-60.49 Million CA$1.89 Billion CA$1.95 Billion ▼ -110.9%
2000 0.29x CA$536.89 Million CA$1.83 Billion CA$1.30 Billion ▲ +115.7%
1999 -1.87x CA$-1.25 Billion CA$668.40 Million CA$1.92 Billion ▼ -84.5%
1998 -1.01x CA$-373.07 Million CA$368.42 Million CA$741.49 Million ▲ +16.8%
1997 -1.22x CA$-633.31 Million CA$520.37 Million CA$1.15 Billion ▲ +46.6%
1996 -2.28x CA$-844.00 Million CA$370.60 Million CA$1.21 Billion ▼ -235.5%
1995 -0.68x CA$-100.40 Million CA$147.90 Million CA$248.30 Million ▲ +51.3%
1994 -1.39x CA$-210.50 Million CA$150.90 Million CA$361.40 Million ▲ +34.4%
1993 -2.13x CA$-191.40 Million CA$90.00 Million CA$281.40 Million —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).