← CANADIAN NATURAL RESOURCES Ltd
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net earnings | ($204.0m) |
$2.4b
+1275.00%
|
$2.6b
+8.09%
|
$5.4b
+109.03%
|
($435.0m)
-108.03%
|
$7.7b
+1861.84%
|
$10.9b
+42.71%
|
$8.2b
-24.72%
|
$6.1b
-25.84%
|
$10.8b
+77.20%
|
— | |
| Net Income | — | — | — | — | — | — | $10.9b |
$8.2b
-24.72%
|
$6.1b
-25.84%
|
$10.8b
+77.20%
|
$11.8b
+8.63%
|
|
| Profit or Loss | ($204.0m) | $2.4b | $2.6b | $5.4b | ($435.0m) | $7.7b | $10.9b | $8.2b | $6.1b | $10.8b | — | |
| Depletion, depreciation and amortization | $4.9b | $5.2b | $5.2b | $5.5b | $6.0b | $5.7b | $7.4b | $6.4b | $6.7b | $9.4b | — | |
| Depreciation of right-of-use assets | — | — | — | $1.8m | $1.7m | $1.4m | $1.4m | $1.1m | $346k | — | $393.0m | |
| Amortization of intangible assets | — | — | — | $1.2m | $156k | $884k | $813k | $460k | — | — | — | |
| Depreciation | — | — | — | — | — | — | — | — | — | $393.0m | $393.0m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $7.4b | $6.4b | $6.7b | $7.6b | $393.0m | |
| Deferred income tax expense | ($241.0m) | $640.0m | $557.0m | ($894.0m) | ($181.0m) | $399.0m | ($139.0m) | $53.0m | $422.0m | $510.0m | $609.0m | |
| Deferred Tax | — | — | — | — | — | — | ($139.0m) | $53.0m | $422.0m | $510.0m | $609.0m | |
| Adjustments For Share-Based Payments | $355.0m | $134.0m | ($146.0m) | $223.0m | ($82.0m) | $514.0m | $804.0m | $491.0m | $279.0m | $180.0m | — | |
| Share-based compensation | $355.0m | $134.0m | ($146.0m) | $223.0m | ($82.0m) | $514.0m | $804.0m | $491.0m | $279.0m | $180.0m | $594.0m | |
| Consultants share-based payment expenses | — | — | — | — | — | — | $16.2m | $3.1m | $125k | — | — | |
| Impairment loss on trade receivables | — | — | — | — | $4.5m | $3.8m | ($4.0m) | $383k | — | — | — | |
| Impairment losses on contract assets | — | — | — | $33k | $172k | $357k | $171k | $3.5m | — | — | — | |
| Impairment losses on other receivables | — | — | — | — | — | $239k | $2.7m | $6.0m | — | — | — | |
| Impairment reversal on amounts due from related companies | — | — | — | — | ($554k) | ($1.1m) | — | — | — | — | — | |
| Impairment losses on trade receivables | — | — | — | $7.7m | $4.5m | $3.8m | ($578k) | — | — | — | — | |
| Impairment losses/(reversal) on amounts due from related companies | — | — | — | $1.7m | ($554k) | ($1.1m) | — | — | — | — | — | |
| Change In Working Capital | — | — | — | — | — | — | $79.0m | ($2.4b) | ($743.0m) | $672.0m | ($132.0m) | |
| Change in Accounts Receivable | — | — | — | $3.4m | $26.3m | $6.6m | ($10.8m) | ($4.4m) | — | — | — | |
| Other receivables | ($1.4m) | ($10.4m) | ($12k) | $61k | $41k | ($930k) | $321k | $18k | ($14k) | ($11k) | — | |
| Change in Inventory | ($1.5m) | ($746k) | — | $490k | ($201k) | ($148k) | $257k | ($182k) | — | — | — | |
| Trade payables | ($65k) | ($1.4m) | ($115k) | $31.7m | ($38.5m) | ($7.5m) | ($792k) | $1.3m | $180k | — | — | |
| Other payables and accruals | ($3.1m) | $10.7m | ($1.3m) | $10.1m | ($11.0m) | $813k | $3.3m | $5.7m | ($2.1m) | ($2.4m) | — | |
| Other | ($32.0m) | ($110.0m) | ($23.0m) | ($109.0m) | ($71.0m) | $13.0m | ($144.0m) | $5.0m | ($84.0m) | ($255.0m) | — | |
| Other current assets | — | — | — | ($3.5m) | ($504k) | $1.8m | $1.8m | — | — | — | — | |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | $349.0m | $0 | $0 | ($3.5b) | ($2.6b) | ($4.5b) | ($5.1b) | ($4.9b) | ($5.3b) | ($6.7b) | — | |
| Purchase of property, plant and equipment | ($4.9m) | ($5.0m) | ($5k) | ($630k) | ($266k) | ($28k) | ($17k) | ($12k) | ($4k) | ($6.8b) | — | |
| Capital Expenditure Reported | — | — | — | — | — | — | ($5.1b) | ($4.9b) | ($5.4b) | ($6.8b) | ($8.2b) | |
| Gain on acquisitions, disposition, and remeasurement | — | — | — | $0 | ($217.0m) | ($478.0m) | $0 | $0 | $0 | ($5.1b) | — | |
| Net Other Investing Changes | — | — | — | — | — | — | $149.0m | $51.0m | ($124.0m) | $104.0m | $305.0m | |
| Net Cash from Investing Activities | — | $8.0m | $9.4m | $7.4m | $7.7m | $3.8m | $7.3m | — | — | — | — | |
| Repayments Of Borrowings Classified As Financing Activities | — | — | — | — | $397.0m | $183.0m | $0 | $0 | — | — | — | |
| (Repayment) issuance of bank credit facilities and commercial paper, net | $342.0m | $2.2b | ($1.6b) | $2.0b | $338.0m | ($6.2b) | ($1.2b) | $0 | $5.5b | ($1.4b) | — | |
| Issuance of other long-term debt | — | — | — | — | — | — | $0 | $0 | $2.6b | $1.6b | — | |
| Repayment of other long-term debt | — | — | — | — | — | — | ($2.9b) | ($416.0m) | ($1.0b) | ($1.7b) | — | |
| Interest paid on long-term debt | $617.0m | $725.0m | $911.0m | $865.0m | $745.0m | $672.0m | $613.0m | $602.0m | $586.0m | $978.0m | — | |
| Issuance Of Debt | — | — | — | — | — | — | $0 | $0 | $8.1b | $1.6b | $1.6b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $0 | $8.1b | $1.6b | $1.6b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($4.2b) | ($701.0m) | ($1.3b) | ($3.5b) | ($2.6b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($4.2b) | ($701.0m) | $6.8b | ($1.8b) | ($927.0m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($4.2b) | ($701.0m) | $6.8b | ($1.8b) | ($927.0m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | ($6.2b) | — | $0 | $5.5b | ($1.4b) | ($1.4b) | |
| Repayment Of Debt | — | — | — | — | — | — | ($4.2b) | ($701.0m) | ($1.3b) | ($3.5b) | ($2.6b) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($4.9b) | ($3.9b) | ($4.4b) | ($4.9b) | ($5.0b) | |
| Common Stock Payments | — | — | — | — | — | — | ($5.6b) | ($3.3b) | ($2.7b) | ($1.4b) | ($2.0b) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($5.6b) | ($3.3b) | ($2.7b) | ($1.4b) | ($2.0b) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($5.6b) | ($3.3b) | ($2.7b) | ($1.4b) | ($2.0b) | |
| Dividends Paid Classified As Financing Activities | $758 | $1k | $2k | $2k | $2k | $2k | $5k | $4k | $4k | $5k | ($5.0b) | |
| Dividends on common shares | ($758) | ($1k) | ($2k) | ($2k) | ($2k) | ($2k) | ($5k) | ($4k) | ($4k) | ($5k) | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($4.9b) | ($3.9b) | ($4.4b) | ($4.9b) | ($5.0b) | |
| Increase (decrease) in cash and cash equivalents | ($52.0m) | $120.0m | ($36.0m) | $38.0m | $45.0m | $560.0m | $176.0m | ($43.0m) | ($746.0m) | $542.0m | — | |
| NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS | ($27.6m) | $752k | ($12.0m) | $10.0m | ($3.1m) | $2.5m | ($28.6m) | ($25.7m) | $7.7m | ($6.0m) | ||
| Cash and cash equivalents – beginning of year | $17.0m | $137.0m | $101.0m | $139.0m | $184.0m | $744.0m | $920.0m | $877.0m | $131.0m | $673.0m | — | |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR | $49.4m | $59.4m | $56.6m | $102.0m | ||||||||
| Beginning Cash Position | — | — | — | — | — | — | $744.0m | $920.0m | $877.0m | $131.0m | $102.0m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Additional Financial Items | ||||||||||||
| Adjustments For Decrease Increase In Trade Account Receivable | ($142.0m) | ($977.0m) | $1.2b | ($1.3b) | $284.0m | ($850.0m) | ($441.0m) | $368.0m | ($940.0m) | $125.0m | — | |
| Adjustments For Unrealised Foreign Exchange Losses Gains | ($93.0m) | ($821.0m) | $706.0m | ($548.0m) | ($116.0m) | ($205.0m) | $852.0m | ($260.0m) | $888.0m | ($870.0m) | — | |
| Income Taxes Paid Refund Classified As Operating Activities | $0 | $0 | ($225.0m) | $445.0m | ($29.0m) | ($62.0m) | $3.1b | $3.3b | $1.1b | $1.7b | — | |
| Increase Decrease In Working Capital | $457.0m | ($612.0m) | ($1.0b) | $1.3b | $549.0m | ($1.1b) | ($228.0m) | $2.4b | $867.0m | ($564.0m) | ($132.0m) | |
| Payments Of Lease Liabilities Classified As Financing Activities | — | — | — | $237.0m | $225.0m | $209.0m | $232.0m | $285.0m | $325.0m | $361.0m | — | |
| Payments To Acquire Or Redeem Entitys Shares | — | — | $1.3b | $941.0m | $271.0m | $1.6b | $5.6b | $3.3b | $2.7b | $1.4b | — | |
| Asset retirement obligation accretion | $142.0m | $164.0m | $186.0m | $190.0m | $205.0m | $185.0m | $281.0m | $366.0m | $389.0m | $380.0m | — | |
| Unrealized risk management loss | $25.0m | $37.0m | ($35.0m) | $13.0m | ($39.0m) | $19.0m | ($28.0m) | $12.0m | $9.0m | $71.0m | — | |
| Unrealized foreign exchange (gain) loss | ($93.0m) | ($821.0m) | $706.0m | ($548.0m) | ($116.0m) | ($205.0m) | $852.0m | ($260.0m) | $888.0m | ($870.0m) | — | |
| Gain from investment | ($299.0m) | ($11.0m) | $374.0m | $321.0m | $185.0m | ($132.0m) | ($182.0m) | ($34.0m) | ($50.0m) | $0 | — | |
| Realized foreign exchange on financing activities | — | — | — | — | ($166.0m) | $118.0m | ($62.0m) | $0 | $135.0m | $54.0m | — | |
| Abandonment expenditures | ($267.0m) | ($274.0m) | ($290.0m) | ($296.0m) | ($249.0m) | ($307.0m) | ($449.0m) | ($509.0m) | ($646.0m) | ($771.0m) | — | |
| Net change in non-cash working capital | $0 | $0 | ($345.0m) | ($235.0m) | ($383.0m) | $107.0m | $149.0m | $51.0m | ($124.0m) | ($108.0m) | — | |
| Payment of lease liabilities | — | — | — | ($237.0m) | ($225.0m) | ($209.0m) | ($232.0m) | ($285.0m) | ($325.0m) | ($361.0m) | — | |
| Issuance of common shares on exercise of stock options | $559.0m | $466.0m | $332.0m | $360.0m | $108.0m | $707.0m | $442.0m | $372.0m | $280.0m | $264.0m | — | |
| Purchase of common shares under Normal Course Issuer Bid | $0 | $0 | ($1.3b) | ($941.0m) | ($271.0m) | ($1.6b) | ($5.6b) | ($3.3b) | ($2.7b) | ($1.4b) | — | |
| Cash flows used in financing activities | $307.0m | $6.0b | ($5.3b) | ($1.5b) | ($1.9b) | ($10.2b) | ($14.2b) | ($7.5b) | ($37.0m) | ($7.9b) | — | |
| Net expenditures on exploration and evaluation assets | $6.0m | ($124.0m) | ($266.0m) | ($73.0m) | ($5.0m) | ($1.0m) | ($33.0m) | ($44.0m) | ($92.0m) | ($115.0m) | — | |
| Cash from AOSP asset swap | — | — | — | — | — | — | — | $0 | $0 | $212.0m | — | |
| Acquisition of Chevron's assets | — | — | — | — | — | — | $0 | $0 | ($9.2b) | $0 | — | |
| Net proceeds from investment | — | — | — | $0 | $0 | $128.0m | $0 | $0 | $575.0m | $0 | — | |
| Cash flows used in investing activities | ($3.8b) | ($13.1b) | ($4.8b) | ($7.3b) | ($2.8b) | ($3.7b) | ($5.0b) | ($4.9b) | ($14.1b) | ($6.7b) | — | |
| Loss before income tax for the year | — | — | — | — | — | ($52.8m) | ($16.4m) | ($10.5m) | ($3.2m) | ($1.2m) | — | |
| From continuing operations | — | — | ($6.2m) | ($49.3m) | $24.2m | ($49.0m) | ($23.3m) | ($8.3m) | ($3.2m) | ($1.2m) | — | |
| From discontinued operations | ($18.6m) | ($23.8m) | — | — | — | ($3.9m) | $6.9m | ($2.2m) | — | — | — | |
| Interest expenses | — | — | — | — | $3.5m | $4.1m | $4.0m | $2.0m | $6k | — | — | |
| Interest income | — | — | — | ($6.8m) | ($7.3m) | ($7.4m) | ($6.9m) | ($4.0m) | — | — | — | |
| Expenses related to issuance of shares | — | — | — | — | — | $1.6m | — | — | $1.4m | — | — | |
| Fair value loss/(gain) on financial instruments, net | — | — | — | — | ($31.3m) | $38.3m | ($1.0m) | ($847k) | ($4.0m) | ($2.1m) | — | |
| Contract assets | — | — | — | ($83.9m) | ($18.6m) | ($780k) | ($5.2m) | ($1.6m) | — | — | — | |
| Prepayments | ($144k) | ($354k) | — | $8.6m | $406k | ($1.9m) | $504k | $765k | ($136k) | $8k | — | |
| Provisions | — | — | — | — | — | — | $494k | ($494k) | — | — | — | |
| Cash from/(used in) operations | — | — | — | ($27.7m) | ($46.5m) | ($12.1m) | ($12.7m) | $14.3m | ($7.4m) | ($5.7m) | — | |
| Repayments of bank loans | — | — | — | — | — | ($3.0m) | ($3.0m) | ($1.5m) | — | — | — | |
| Advances from related companies | — | — | $2.2m | $6.8m | $4.1m | $360k | — | $3.9m | $1.3m | $2.3m | — | |
| Repayment to related companies | ($2.0m) | ($2.4m) | ($11.4m) | $5.7m | — | ($50.1m) | ($2.8m) | — | ($3.1m) | — | — | |
| Advances from the Shareholder | — | — | — | — | $462k | — | — | — | $6.9m | — | — | |
| Repayments to the Shareholder | — | — | ($4.6m) | — | — | ($7.1m) | ($6.9m) | — | ($7.9m) | ($2.6m) | — | |
| Payment of interest expenses on lease liabilities | — | — | — | — | ($80k) | ($150k) | ($133k) | ($99k) | ($6k) | — | — | |
| Net Change in Cash | $1.5m | ($1.1m) | ($117k) | ($27k) | $281k | ($719k) | $1.9m | ($1.3m) | ($9.4m) | $3.4m | — | |
| Cash and bank balances attributable to continued operations | — | — | — | — | — | $18.5m | $6.0m | $4.8m | $3.1m | $475k | — | |
| Cash, bank balances and short-term deposits attributable to discontinued operations | — | — | — | — | — | $39.8m | $25.7m | — | — | — | — | |
| Cash and cash equivalents as stated in the statement of cash flows | — | — | — | — | — | $58.4m | $31.7m | $4.8m | $3.1m | $475k | — | |
| Prepayment for right-of-use assets | — | — | — | — | — | ($55k) | ($228k) | — | — | — | — | |
| Purchase of structured deposit products | — | — | — | — | ($45.0m) | ($60.0m) | — | — | — | — | — | |
| Proceeds from maturity of structured deposit products | — | — | — | — | $40.0m | $65.0m | — | — | — | — | — | |
| Additions of service concession right | — | — | — | ($9.2m) | ($7.6m) | ($68k) | — | — | — | — | — | |
| Proceeds from issuance of shares | — | — | — | — | ($72k) | $42.0m | — | — | — | — | — | |
| Proceeds from bank loans | — | — | — | $30.0m | $50.0m | — | — | — | — | — | — | |
| Finance costs | — | — | — | $383k | $3.5m | $4.1m | — | — | — | — | — | |
| Payment of interest expenses of lease liabilities | — | — | — | ($102k) | ($80k) | ($150k) | — | — | — | — | — | |
| CASH AND CASH EQUIVALENTS AT END OF YEAR | $59.4m | $56.6m | $58.4m | $2.6b | ||||||||
| - Right-of-use assets (Note 4(c)) | — | — | — | $1.2m | $976k | — | — | — | — | — | — | |
| Interest on lease liabilities | — | — | — | $60k | $38k | — | — | — | — | — | — | |
| Taxes payable | ($2k) | $102k | ($4k) | $30k | ($27k) | — | — | — | — | — | — | |
| Cash receipt of interest | $194k | $48k | $26k | $16k | $18k | — | — | — | — | — | — | |
| Loss for the year: From continuing operations | ($4.4m) | ($6.2m) | ($6.2m) | ($5.6m) | — | — | — | — | — | — | — | |
| Interest Expense | — | $78k | — | $60k | — | — | — | — | — | — | — | |
| Accretion expenses | $311k | $60k | — | — | — | — | — | — | — | — | — | |
| Rehabilitation fund | ($15k) | ($11k) | — | — | — | — | — | — | — | — | — | |
| Advances from a related company | $7.6m | $15.0m | $2.2m | $6.7m | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($14.2b) | ($7.5b) | ($37.0m) | ($7.9b) | ($7.5b) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($5.0b) | ($4.9b) | ($14.1b) | ($6.7b) | ($7.9b) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $176.0m | ($43.0m) | ($746.0m) | $542.0m | — | |
| Changes In Cash | — | — | — | — | — | — | $176.0m | ($43.0m) | ($746.0m) | $542.0m | $2.5b | |
| End Cash Position | — | — | — | — | — | — | $920.0m | $877.0m | $131.0m | $673.0m | $2.6b | |
| Financing Cash Flow | — | — | — | — | — | — | ($14.2b) |
($7.5b)
+47.02%
|
($37.0m)
+99.51%
|
($7.9b)
-21189.19%
|
($7.5b)
+4.91%
|
|
| Free Cash Flow | — | — | — | — | — | — | $14.3b | $7.4b | $8.0b | $8.3b | $9.7b | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($210.0m) | ($22.0m) | ($41.0m) | $71.0m | $391.0m | |
| Investing Cash Flow | — | — | — | — | — | — | ($5.0b) | ($4.9b) | ($14.1b) | ($6.7b) | ($7.9b) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $0 | $0 | ($9.2b) | $0 | $0 | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | $790.0m | ($260.0m) | $1.0b | ($816.0m) | $626.0m | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $0 | $0 | $575.0m | $0 | $0 | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | — | ($44.0m) | ($92.0m) | ($115.0m) | ($115.0m) | |
| Operating Gains Losses | — | — | — | — | — | — | $580.0m | ($282.0m) | $982.0m | ($699.0m) | $1.1b | |
| Other Non Cash Items | — | — | — | — | — | — | ($223.0m) | ($138.0m) | ($341.0m) | ($4.0b) | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $442.0m | $372.0m | $280.0m | $264.0m | $431.0m | |
| Purchase Of Business | — | — | — | — | — | — | $0 | $0 | ($9.2b) | $0 | $0 | |
| Purchase Of PPE | — | — | — | — | — | — | — | ($44.0m) | ($92.0m) | ($115.0m) | ($8.2b) | |
| Sale Of Investment | — | — | — | — | — | — | $0 | $0 | $575.0m | $0 | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $804.0m | $491.0m | $279.0m | $180.0m | $594.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.