Canadian Natural Resources Limited logo
Canadian Natural Resources Limited (CNQ)
Compare

Canadian Natural Resources Limited (CNQ) Free Cash Flow Yield: 4.71%

Is Canadian Natural Resources Limited’s free cash flow yield high or low?

Canadian Natural Resources Limited's free cash flow yield of 4.71% is 52% below its 5-year average of 9.90%, near the low end of its 5-year range (4.33%–17.51%).

As of Friday, June 12, 2026. 38.90% below its 12-month average of 7.71%.

CNQ Free Cash Flow Yield Chart

CNQ Free Cash Flow Yield
4.71%-50.58% 1Y
Zoom

CNQ Average Free Cash Flow Yield Chart

CNQ Current vs Average Free Cash Flow Yield Chart

CNQ Free Cash Flow Yield Metrics

FREE CASH FLOW YIELD

4.71%

FREE CASH FLOW YIELD AVG TTM

7.71%

FREE CASH FLOW YIELD AVG 3Y

8.78%

FREE CASH FLOW YIELD AVG 5Y

9.90%

FREE CASH FLOW YIELD AVG 10Y

9.64%

FREE CASH FLOW YIELD AVG 15Y

7.96%

FREE CASH FLOW YIELD AVG 20Y

7.44%

CURRENT VS TTM AVG

-38.90%

CURRENT VS 3Y AVG

-46.34%

CURRENT VS 5Y AVG

-52.43%

CURRENT VS 10Y AVG

-51.15%

CURRENT VS 15Y AVG

-40.82%

CURRENT VS 20Y AVG

-36.73%

CNQ Competitors' Free Cash Flow Yield

NAMEMARKET CAPFREE CASH FLOW YIELDTTM3Y5Y
Canadian Natural Resources Limited (CNQ)$94.82B4.71%7.71%8.78%9.90%
SLB N.V. (SLB)$83.72B5.51%7.73%6.78%5.84%
Marathon Petroleum Corporation (MPC)$76.14B7.41%7.32%14.06%13.58%
Valero Energy Corporation (VLO)$74.95B7.78%8.14%14.03%13.83%
EOG Resources, Inc. (EOG)$72.62B5.79%6.59%7.73%7.27%
Phillips 66 (PSX)$71.41B0.17%2.95%6.98%8.65%
ONEOK, Inc. (OKE)$57.09B3.98%5.66%5.99%5.94%
Occidental Petroleum Corporation (OXY)$55.17B6.43%8.95%10.44%13.09%
ConocoPhillips (COP)$140.54B12.97%10.19%8.67%8.94%
Antero Midstream Corporation (AM)$10.15B8.97%10.05%8.51%8.99%

Yield Comparison

FCF Yield

4.71%

Earnings Yield

7.43%

Dividend Yield

3.83%

Formula: FCF Yield = (Free Cash Flow / Market Cap) × 100

How FCF Yield is used:

  • Shows free cash flow after capital expenditures relative to market cap
  • Can be compared with earnings yield and dividend yield
  • Can be compared with the company's historical range
  • Can be compared with peers that report positive free cash flow

FCF vs earnings: Differences between FCF yield and earnings yield can reflect capital expenditures, working capital changes, and other non-cash accounting items.

Canadian Natural Resources Limited Free Cash Flow Yield Formula & Definition

FCF Yield measures free cash flow relative to market capitalization. It compares cash generation after capital expenditures with the equity value of the company.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Canadian Natural Resources Limited Free Cash Flow Yield FAQ

What is the free cash flow yield for Canadian Natural Resources Limited (CNQ)?
The free cash flow yield for CNQ stock is 4.71%.
Is Canadian Natural Resources Limited's free cash flow yield high or low?
Canadian Natural Resources Limited's free cash flow yield of 4.71% is 52% below its 5-year average of 9.90%, near the low end of its 5-year range (4.33%–17.51%).
What is the TTM average free cash flow yield for Canadian Natural Resources Limited (CNQ)?
The TTM average free cash flow yield for CNQ stock is 7.71%.
What is the 3Y average free cash flow yield for Canadian Natural Resources Limited (CNQ)?
The 3Y average free cash flow yield for CNQ stock is 8.78%.
What is the 5Y average free cash flow yield for Canadian Natural Resources Limited (CNQ)?
The 5Y average free cash flow yield for CNQ stock is 9.90%.
What is the 10Y average free cash flow yield for Canadian Natural Resources Limited (CNQ)?
The 10Y average free cash flow yield for CNQ stock is 9.64%.
What is the 15Y average free cash flow yield for Canadian Natural Resources Limited (CNQ)?
The 15Y average free cash flow yield for CNQ stock is 7.96%.
What is the 20Y average free cash flow yield for Canadian Natural Resources Limited (CNQ)?
The 20Y average free cash flow yield for CNQ stock is 7.44%.

Canadian Natural Resources Limited Free Cash Flow Yield History

DATEFREE CASH FLOW YIELD
2026-06-114.71%
2026-06-104.70%
2026-06-094.77%
2026-06-084.62%
2026-06-054.68%
2026-06-044.49%
2026-06-034.48%
2026-06-024.53%
2026-06-014.65%
2026-05-294.71%
2026-05-284.67%
2026-05-274.68%
2026-05-264.57%
2026-05-224.40%
2026-05-214.39%
2026-05-204.38%
2026-05-194.33%
2026-05-184.37%
2026-05-154.46%
2026-05-144.50%
2026-05-134.53%
2026-05-124.56%
2026-05-114.73%
2026-05-084.80%
2026-05-074.78%
2026-05-066.23%
2026-05-055.95%
2026-05-045.98%
2026-05-016.06%
2026-04-305.97%
2026-04-296.03%
2026-04-286.13%
2026-04-276.32%
2026-04-246.43%
2026-04-236.26%
2026-04-226.37%
2026-04-216.43%
2026-04-206.57%
2026-04-176.62%
2026-04-166.14%
2026-04-156.22%
2026-04-146.23%
2026-04-136.07%
2026-04-106.14%
2026-04-096.23%
2026-04-086.13%
2026-04-075.79%
2026-04-065.90%
2026-04-025.98%
2026-04-016.11%
2026-03-315.84%
2026-03-305.76%
2026-03-275.68%
2026-03-265.84%
2026-03-255.78%
2026-03-245.66%
2026-03-235.74%
2026-03-205.66%
2026-03-195.49%
2026-03-185.65%
2026-03-175.67%
2026-03-165.69%
2026-03-135.73%
2026-03-125.71%
2026-03-115.87%
2026-03-106.07%
2026-03-096.00%
2026-03-065.99%
2026-03-056.12%
2026-03-046.28%
2026-03-036.29%
2026-03-026.26%
2026-02-276.34%
2026-02-266.44%
2026-02-256.52%
2026-02-246.51%
2026-02-236.55%
2026-02-206.54%
2026-02-196.53%
2026-02-186.66%
2026-02-176.84%
2026-02-136.82%
2026-02-126.94%
2026-02-116.83%
2026-02-107.10%
2026-02-097.09%
2026-02-067.10%
2026-02-057.33%
2026-02-047.20%
2026-02-037.40%
2026-02-027.60%
2026-01-307.46%
2026-01-297.33%
2026-01-287.48%
2026-01-277.57%
2026-01-267.70%
2026-01-237.68%
2026-01-227.82%
2026-01-217.72%
2026-01-208.06%
2026-01-168.08%
2026-01-158.14%
2026-01-148.01%
2026-01-138.37%
2026-01-128.59%
2026-01-098.65%
2026-01-088.80%
2026-01-079.07%
2026-01-068.79%
2026-01-058.61%
2026-01-028.08%
2025-12-318.20%
2025-12-308.18%
2025-12-298.36%
2025-12-268.46%
2025-12-248.42%
2025-12-238.45%
2025-12-228.58%
2025-12-198.70%
2025-12-188.81%
2025-12-178.71%
2025-12-168.88%
2025-12-158.56%
2025-12-128.41%
2025-12-118.38%
2025-12-108.23%
2025-12-098.23%
2025-12-088.14%
2025-12-058.01%
2025-12-048.05%
2025-12-038.13%
2025-12-028.27%
2025-12-018.15%
2025-11-288.22%
2025-11-268.33%
2025-11-258.35%
2025-11-248.42%
2025-11-218.30%
2025-11-208.17%
2025-11-198.16%
2025-11-188.15%
2025-11-178.33%
2025-11-148.26%
2025-11-138.53%
2025-11-128.55%
2025-11-118.57%
2025-11-108.67%
2025-11-078.76%
2025-11-068.81%
2025-11-058.45%
2025-11-048.59%
2025-11-038.43%
2025-10-318.42%
2025-10-308.44%
2025-10-298.38%
2025-10-288.61%
2025-10-278.55%
2025-10-248.62%
2025-10-238.63%
2025-10-228.88%
2025-10-219.01%
2025-10-208.95%
2025-10-178.94%
2025-10-168.92%
2025-10-158.73%
2025-10-148.71%
2025-10-138.53%
2025-10-108.58%
2025-10-098.24%
2025-10-088.26%
2025-10-078.23%
2025-10-068.31%
2025-10-038.47%
2025-10-028.58%
2025-10-018.49%
2025-09-308.43%
2025-09-298.34%
2025-09-268.24%
2025-09-258.30%
2025-09-248.22%
2025-09-238.39%
2025-09-228.40%
2025-09-198.53%
2025-09-188.29%
2025-09-178.23%
2025-09-168.18%
2025-09-158.42%
2025-09-128.64%
2025-09-118.64%
2025-09-108.64%
2025-09-098.73%
2025-09-088.90%
2025-09-058.88%
2025-09-048.60%
2025-09-038.63%
2025-09-028.42%
2025-08-298.52%
2025-08-288.56%
2025-08-278.61%
2025-08-268.84%
2025-08-258.68%
2025-08-228.66%
2025-08-218.94%
2025-08-209.10%
2025-08-199.20%
2025-08-189.06%
2025-08-159.03%
2025-08-149.05%
2025-08-139.00%
2025-08-129.02%
2025-08-119.01%
2025-08-088.89%
2025-08-078.86%
2025-08-069.95%
2025-08-059.92%
2025-08-0410.13%
2025-08-0110.07%
2025-07-319.84%
2025-07-309.78%
2025-07-299.68%
2025-07-289.77%
2025-07-259.94%
2025-07-249.86%
2025-07-239.94%
2025-07-2210.00%
2025-07-2110.20%
2025-07-1810.12%
2025-07-1710.06%
2025-07-1610.10%
2025-07-159.97%
2025-07-149.81%
2025-07-119.72%
2025-07-109.81%
2025-07-099.76%
2025-07-089.71%
2025-07-079.82%
2025-07-039.68%
2025-07-029.62%
2025-07-019.85%
2025-06-309.94%
2025-06-279.92%
2025-06-269.78%
2025-06-259.95%
2025-06-249.90%
2025-06-239.71%
2025-06-209.35%
2025-06-189.29%
2025-06-179.17%
2025-06-169.36%
2025-06-139.23%
2025-06-129.42%
2025-06-119.53%
2025-06-109.70%
2025-06-099.86%
2025-06-069.88%
2025-06-0510.07%
2025-06-0410.09%
2025-06-039.92%
2025-06-0210.12%
2025-05-3010.28%

Showing the most recent 260 of 3,379 data points. The chart above shows the full history.

About Canadian Natural Resources Limited

Canadian Natural Resources Limited (CNQ) is an integrated energy enterprise engaged across the full spectrum of upstream and downstream activities related to crude oil, natural gas, and natural gas liquids (NGLs), encompassing acquisition, exploration, development, production, marketing, and sales. Its diverse portfolio of hydrocarbon products encompasses synthetic crude oil (SCO), light and medium crude, bitumen (also known as thermal oil), along with both primary heavy crude oil and specialized Pelican Lake heavy crude. Beyond exploration and production, the company holds midstream and refining assets, notably comprising two crude oil pipeline networks and a half-interest (50% working interest) in an 84-megawatt cogeneration facility situated at Primrose. As of December 31, 2020, CNQ reported substantial reserves. Its proved crude oil, bitumen, and NGLs reserves amounted to 10,528 million barrels (MMbbl), escalating to 13,271 MMbbl when probable reserves are included. Proved synthetic crude oil (SCO) reserves stood at 6,998 MMbbl, with total proved plus probable SCO reserves reaching 7,535 MMbbl. Furthermore, the company's proved natural gas reserves were recorded at 12,168 billion cubic feet (Bcf), expanding to 20,249 Bcf on a proved plus probable basis. Geographically, its operations are concentrated in key regions, including Western Canada, the United Kingdom's North Sea sector, and offshore West Africa. The entity, incorporated in 1973, was originally known as AEX Minerals Corporation before adopting the name Canadian Natural Resources Limited in December 1975. Its corporate headquarters are located in Calgary, Canada.

Calgary, AB
10,640 employees
Energy / Oil & Gas Exploration & Production
Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
Norman Murray Edwards