Canadian Natural ResourcesCNQ
Market Cap: $35.5B
About: 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 exploring, developing, producing, and marketing 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.
Employees: 10,272
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1,434% more repeat investments, than reductions
Existing positions increased: 491 | Existing positions reduced: 32
71.11% more ownership
Funds ownership: 74.18% [Q1] → 145.3% (+71.11%) [Q2]
17% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 60
2% more funds holding
Funds holding: 589 [Q1] → 599 (+10) [Q2]
10% less capital invested
Capital invested by funds: $62.2B [Q1] → $55.7B (-$6.45B) [Q2]
20% less funds holding in top 10
Funds holding in top 10: 46 [Q1] → 37 (-9) [Q2]
24% less call options, than puts
Call options by funds: $341M | Put options by funds: $451M
Research analyst outlook
We haven’t received any recent analyst ratings for CNQ.
Financial journalist opinion
Based on 6 articles about CNQ published over the past 30 days