Canadian Historical Cash Flow
| CNQ Stock | USD 30.12 0.28 0.92% |
Analysis of Canadian Natural cash flow over time is an excellent tool to project Canadian Natural Res future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Other Cashflows From Financing Activities of 406.4 M or Depreciation of 8.2 B as it is a great indicator of Canadian Natural ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Canadian Natural Res latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Canadian Natural Res is a good buy for the upcoming year.
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About Canadian Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Canadian balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Canadian's non-liquid assets can be easily converted into cash.
Canadian Natural Cash Flow Chart
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Capital Expenditures
Capital Expenditures are funds used by Canadian Natural Res to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Canadian Natural operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most accounts from Canadian Natural's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Canadian Natural Res current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Natural Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Canadian Natural's Dividends Paid is relatively stable compared to the past year. As of 02/16/2025, Change To Operating Activities is likely to grow to about 95.4 M, though Other Non Cash Items is likely to grow to (672 M).
| 2022 | 2023 | 2024 | 2025 (projected) | Begin Period Cash Flow | 744M | 920M | 1.1B | 1.1B | End Period Cash Flow | 920M | 877M | 1.0B | 1.1B |
Canadian Natural cash flow statement Correlations
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Canadian Natural Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canadian Natural cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 45M | 560M | 176M | (43M) | (38.7M) | (36.8M) | |
| Free Cash Flow | 2.2B | 10.0B | 14.3B | 7.4B | 8.6B | 9.0B | |
| Other Cashflows From Financing Activities | 166M | (5.4B) | 511M | 372M | 427.8M | 406.4M | |
| Depreciation | 5.9B | 5.4B | 7.4B | 6.8B | 7.8B | 8.2B | |
| Other Non Cash Items | (332M) | (469M) | 357M | (786M) | (707.4M) | (672.0M) | |
| Capital Expenditures | 2.6B | 4.5B | 5.1B | 4.9B | 5.6B | 4.3B | |
| Total Cash From Operating Activities | 4.7B | 14.5B | 19.4B | 12.4B | 14.2B | 14.9B | |
| Net Income | (435M) | 7.7B | 10.9B | 8.2B | 9.5B | 9.9B | |
| Total Cash From Financing Activities | (1.9B) | (10.2B) | (14.2B) | (7.5B) | (6.8B) | (6.4B) | |
| End Period Cash Flow | 184M | 744M | 920M | 877M | 1.0B | 1.1B | |
| Begin Period Cash Flow | 139M | 184M | 744M | 920M | 1.1B | 1.1B | |
| Stock Based Compensation | (82M) | 514M | 804M | 491M | 564.7M | 592.9M | |
| Change In Working Capital | (166M) | 964M | 79M | (2.4B) | (2.2B) | (2.1B) | |
| Sale Purchase Of Stock | (271M) | (1.6B) | (5.6B) | (3.3B) | (3.0B) | (2.8B) | |
| Investments | (2.8B) | 128M | (5.0B) | (5.2B) | (4.7B) | (4.4B) | |
| Net Borrowings | 788M | 97M | (7.2B) | (4.2B) | (3.8B) | (3.6B) | |
| Total Cashflows From Investing Activities | (7.3B) | (2.8B) | (3.7B) | (5.0B) | (4.5B) | (4.3B) | |
| Dividends Paid | 2.0B | 2.2B | 4.9B | 3.9B | 4.5B | 4.7B | |
| Change To Operating Activities | (1.0B) | (166M) | 964M | 79M | 90.9M | 95.4M | |
| Other Cashflows From Investing Activities | (259M) | 662M | 149M | 51M | 45.9M | 76.4M | |
| Change To Netincome | 837M | (1.3B) | (936M) | (59M) | (53.1M) | (55.8M) |
Pair Trading with Canadian Natural
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Natural position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Natural will appreciate offsetting losses from the drop in the long position's value.Moving together with Canadian Stock
| 0.7 | PR | Permian Resources Sell-off Trend | PairCorr |
Moving against Canadian Stock
| 0.55 | BKV | BKV Corporation | PairCorr |
| 0.48 | CRK | Comstock Resources | PairCorr |
| 0.4 | DEC | Diversified Energy | PairCorr |
| 0.39 | AR | Antero Resources Corp | PairCorr |
The ability to find closely correlated positions to Canadian Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Natural when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Natural - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Natural Resources to buy it.
The correlation of Canadian Natural is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Natural Res moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Natural can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Canadian Stock Analysis
When running Canadian Natural's price analysis, check to measure Canadian Natural's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Natural is operating at the current time. Most of Canadian Natural's value examination focuses on studying past and present price action to predict the probability of Canadian Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Natural's price. Additionally, you may evaluate how the addition of Canadian Natural to your portfolios can decrease your overall portfolio volatility.