Canadian Natural Resources (Canadian Natural Resources) 3-Year FCF Growth Rate : 54.70% (As of Dec. 2023)

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What is Canadian Natural Resources 3-Year FCF Growth Rate?

Canadian Natural Resources's Free Cash Flow per Share for the three months ended in Dec. 2023 was $2.63.

During the past 12 months, Canadian Natural Resources's average Free Cash Flow per Share Growth Rate was -45.50% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 54.70% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 20.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Canadian Natural Resources was 123.70% per year. The lowest was -91.10% per year. And the median was -6.90% per year.

Competitive Comparison of Canadian Natural Resources's 3-Year FCF Growth Rate

For the Oil & Gas E&P subindustry, Canadian Natural Resources's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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 3-Year FCF Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Canadian Natural Resources's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Canadian Natural Resources's 3-Year FCF Growth Rate falls into.

Canadian Natural Resources 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

Canadian Natural Resources (NYSE:CNQ) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.

Canadian Natural Resources 3-Year FCF Growth Rate Related Terms

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Canadian Natural Resources (Canadian Natural Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Canadian Natural Resources Ltd (NYSE:CNQ) » Definitions » 3-Year FCF Growth Rate

Comparable Companies

Traded in Other Exchanges

CRC:Germany CRC:Germany CNQ:Canada

Address

855 - 2nd Street South West, Suite 2100, Calgary, AB, CAN, T2P 4J8

Website

https://www.cnrl.com

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.