Canadian Natural Resources
$69.10Change from previous close: +1.53%Absolute change: +$1.04
At a glance
- Revenue growth
- +8.71%
- 2025 vs 2024
- Net income growth
- +77.20%
- 2025 vs 2024
- Net margin
- 27.9%
- 2024: 17.1%
Financial data
Amounts in millions of CAD; per-share values in CAD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 15,106 | 13,386 | 12,353 | 19,391 | 14,478 | 4,714 | 8,829 | 10,121 | 7,262 | 3,452 |
| Depreciation and amortization | 8,033 | 6,910 | 6,343 | 6,014 | 5,909 | 6,251 | 5,736 | 5,347 | 5,350 | 5,000 |
| Capital expenditure | -6,791 | -5,383 | -4,909 | -5,136 | -4,493 | -2,560 | -3,608 | -4,441 | -4,698 | -4,152 |
| Investing cash flow | -6,687 | -14,095 | -4,858 | -4,987 | -3,703 | -2,819 | -7,255 | -4,814 | -13,102 | -3,811 |
| Financing cash flow | -7,877 | -37.0 | -7,538 | -14,228 | -10,215 | -1,850 | -1,536 | -5,343 | 5,960 | 307 |
| Dividends paid | -4,871 | -4,429 | -3,891 | -3,222 | -2,170 | -1,950 | -1,743 | -1,562 | -1,252 | -758 |
| Share repurchases | -1,449 | -2,660 | -3,318 | -5,571 | -1,581 | -271 | -941 | -1,282 | — | — |
| Debt issued | 1,634 | 8,105 | 0.0 | 0.0 | — | 1,819 | 2,025 | — | 6,746 | 1,340 |
| Debt repaid | -3,455 | -1,333 | -701 | -4,242 | -7,171 | -1,722 | -1,237 | -2,831 | — | -834 |
| Net change in cash | 542 | -746 | -43.0 | 176 | 560 | 45.0 | 38.0 | -36.0 | 120 | -52.0 |
| Free cash flow | 8,315 | 8,003 | 7,444 | 14,255 | 9,985 | — | — | — | — | — |
| Levered free cash flow | 6,422 | 6,765 | 6,078 | 11,522 | 9,067 | 2,337 | 4,174 | 4,007 | 2,462 | 155 |