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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

Funds holding %
of 6,689 funds
Analysts bullish %
News positive %
of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

49% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 61

28% more repeat investments, than reductions

Existing positions increased: 225 | Existing positions reduced: 176

24% more funds holding in top 10

Funds holding in top 10: 37 [Q4 2023] → 46 (+9) [Q1 2024]

18% more capital invested

Capital invested by funds: $52.2B [Q4 2023] → $61.7B (+$9.43B) [Q1 2024]

5% more funds holding

Funds holding: 547 [Q4 2023] → 577 (+30) [Q1 2024]

0.13% more ownership

Funds ownership: 73.44% [Q4 2023] → 73.57% (+0.13%) [Q1 2024]

33% less call options, than puts

Call options by funds: $323M | Put options by funds: $483M

Research analyst outlook

We haven’t received any recent analyst ratings for CNQ.

Financial journalist opinion

Based on 7 articles about CNQ published over the past 30 days