Canadian Natural Resources
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 Q3 regulatory filings by fund managers ($100M+ AUM)
46% more repeat investments, than reductions
Existing positions increased: 265 | Existing positions reduced: 182
19% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 64
0% more funds holding
Funds holding: 607 [Q2] → 610 (+3) [Q3]
5.3% less ownership
Funds ownership: 147.96% [Q2] → 142.66% (-5.3%) [Q3]
8% less funds holding in top 10
Funds holding in top 10: 37 [Q2] → 34 (-3) [Q3]
10% less capital invested
Capital invested by funds: $56.5B [Q2] → $50.9B (-$5.7B) [Q3]
24% less call options, than puts
Call options by funds: $318M | Put options by funds: $418M
Research analyst outlook
We haven’t received any recent analyst ratings for CNQ.
Financial journalist opinion
Based on 16 articles about CNQ published over the past 30 days
