Canadian Natural Resources Limited $CNQ is Longfellow Investment Management Co. LLC’s 7th Largest Position

Posted by Brian Himes on Jun 7th, 2026

Longfellow Investment Management Co. LLC trimmed its stake in Canadian Natural Resources Limited (NYSE:CNQ – Free Report) (TSE:CNQ) by 30.8% in the 4th quarter, HoldingsChannel reports. The firm owned 464,721 shares of the oil and gas producer’s stock after selling 207,000 shares during the period. Canadian Natural Resources makes up 3.5% of Longfellow Investment Management Co. LLC’s portfolio, making the stock its 7th largest holding. Longfellow Investment Management Co. LLC’s holdings in Canadian Natural Resources were worth $15,731,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Leonteq Securities AG purchased a new stake in shares of Canadian Natural Resources in the 4th quarter worth $31,000. GoalVest Advisory LLC purchased a new stake in shares of Canadian Natural Resources in the 4th quarter worth $32,000. Quarry LP purchased a new stake in shares of Canadian Natural Resources in the 3rd quarter worth $32,000. LOM Asset Management Ltd purchased a new stake in shares of Canadian Natural Resources in the 4th quarter worth $34,000. Finally, Boyd Watterson Asset Management LLC OH purchased a new stake in shares of Canadian Natural Resources in the 4th quarter worth $51,000. 74.03% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CNQ. Weiss Ratings lowered Canadian Natural Resources from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. Raymond James Financial upgraded Canadian Natural Resources from a “market perform” rating to an “outperform” rating in a research note on Thursday, May 7th. Scotiabank restated an “outperform” rating on shares of Canadian Natural Resources in a research note on Wednesday, May 20th. The Goldman Sachs Group increased their price target on Canadian Natural Resources from $37.00 to $49.00 and gave the stock a “buy” rating in a research note on Thursday, March 12th. Finally, Royal Bank Of Canada increased their price target on Canadian Natural Resources from $61.00 to $65.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $57.00.

View Our Latest Stock Report on Canadian Natural Resources

Canadian Natural Resources Trading Down 4.0%

Shares of CNQ stock opened at $45.74 on Friday. Canadian Natural Resources Limited has a 52-week low of $29.30 and a 52-week high of $51.34. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.68 and a current ratio of 0.98. The firm has a market capitalization of $95.20 billion, a PE ratio of 13.65 and a beta of 0.45. The stock has a fifty day simple moving average of $46.78 and a two-hundred day simple moving average of $40.96.

Canadian Natural Resources (NYSE:CNQ – Get Free Report) (TSE:CNQ) last issued its quarterly earnings results on Thursday, May 7th. The oil and gas producer reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.11. Canadian Natural Resources had a return on equity of 17.49% and a net margin of 22.04%.The business had revenue of $7.72 billion during the quarter, compared to analyst estimates of $7.57 billion. During the same quarter in the prior year, the business posted $1.16 EPS. On average, analysts predict that Canadian Natural Resources Limited will post 4.2 EPS for the current fiscal year.

Canadian Natural Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 23rd will be paid a $0.625 dividend. This represents a $2.50 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date is Tuesday, June 23rd. Canadian Natural Resources’s dividend payout ratio is presently 54.63%.

Canadian Natural Resources Profile

(Free Report)

Canadian Natural Resources Limited (NYSE: CNQ) is a Calgary-based independent oil and natural gas exploration and production company. Established in the early 1970s and publicly listed in Canada and the United States, the company is principally engaged in the exploration, development, production, and marketing of crude oil, natural gas and natural gas liquids. Its asset base spans conventional and unconventional reservoirs and includes oil sands mining and in-situ thermal projects, midstream processing and upgrading capacity, and related field operations.

The company’s operations are concentrated in Western Canada, where it develops heavy crude, bitumen from oil sands and conventional light crude and natural gas resources.