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Canadian Natural Resources (TSX:CNQ) FCF Yield % : 6.52 (As of Apr. 28, 2024)


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What is Canadian Natural Resources FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Canadian Natural Resources's Trailing 12-Month Free Cash Flow is C$7,441 Mil, and Market Cap is C$114,080 Mil. Therefore, Canadian Natural Resources's FCF Yield % for today is 6.52%.

The historical rank and industry rank for Canadian Natural Resources's FCF Yield % or its related term are showing as below:

TSX:CNQ' s FCF Yield % Range Over the Past 10 Years
Min: -8.53   Med: 6.04   Max: 36.22
Current: 6.52


During the past 13 years, the highest FCF Yield % of Canadian Natural Resources was 36.22%. The lowest was -8.53%. And the median was 6.04%.

TSX:CNQ's FCF Yield % is ranked better than
62.41% of 1080 companies
in the Oil & Gas industry
Industry Median: 1.945 vs TSX:CNQ: 6.52

Canadian Natural Resources's FCF Margin % for the quarter that ended in Dec. 2023 was 35.96%.


Canadian Natural Resources FCF Yield % Historical Data

The historical data trend for Canadian Natural Resources's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canadian Natural Resources FCF Yield % Chart

Canadian Natural Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.47 5.95 15.99 17.19 8.00

Canadian Natural Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.97 0.19 5.78 10.00 16.50

Competitive Comparison of Canadian Natural Resources's FCF Yield %

For the Oil & Gas E&P subindustry, Canadian Natural Resources's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian Natural Resources's FCF Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Canadian Natural Resources's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Canadian Natural Resources's FCF Yield % falls into.



Canadian Natural Resources FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Canadian Natural Resources's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=7444 / 93095.9121
=8.00%

Canadian Natural Resources's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=3840 * 4 / 93095.9121
=16.50%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Canadian Natural Resources FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Canadian Natural Resources FCF Yield % Related Terms

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Canadian Natural Resources (TSX:CNQ) Business Description

Traded in Other Exchanges
Address
855 - 2nd Street South West, Suite 2100, Calgary, AB, CAN, T2P 4J8
Canadian Natural Resources Ltd is an independent crude oil and natural gas exploration, development, and production company. The Company's exploration and production operations are focused in North America, largely in Western Canada; the United Kingdom (UK) portion of the North Sea, and Cote d'Ivoire and South Africa in Offshore Africa. The Company's exploration and production activities are conducted in three geographic segments: North America, the North Sea, and Offshore Africa. These activities include the exploration, development, production, and marketing of crude oil, natural gas liquids, and natural gas. The company has two divisions; Oil Sands Mining and Upgrading Midstream and Refining. It derives a majority of its revenue from North America.
Executives
Devin Craig Lowe Senior Officer
Warren Paul Raczynski Senior Officer
Timothy Shawn Mckay Senior Officer

Canadian Natural Resources (TSX:CNQ) Headlines