Tidal Investments LLC Lowers Stock Holdings in Canadian Natural Resources Limited $CNQ

Posted by George Bondi on Sep 11th, 2026

Tidal Investments LLC lowered its stake in Canadian Natural Resources Limited (NYSE:CNQ – Free Report) (TSE:CNQ) by 11.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 582,777 shares of the oil and gas producer’s stock after selling 76,553 shares during the period. Tidal Investments LLC’s holdings in Canadian Natural Resources were worth $23,048,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Barometer Capital Management Inc. purchased a new stake in shares of Canadian Natural Resources in the first quarter valued at about $6,198,000. Bank of New York Mellon Corp purchased a new position in Canadian Natural Resources during the second quarter worth about $117,215,000. WCM Investment Management LLC raised its holdings in Canadian Natural Resources by 22.4% during the first quarter. WCM Investment Management LLC now owns 5,122,209 shares of the oil and gas producer’s stock worth $252,883,000 after purchasing an additional 938,210 shares in the last quarter. Bleakley Financial Group LLC lifted its position in Canadian Natural Resources by 59.8% in the fourth quarter. Bleakley Financial Group LLC now owns 78,161 shares of the oil and gas producer’s stock valued at $2,646,000 after purchasing an additional 29,249 shares during the period. Finally, Hillsdale Investment Management Inc. lifted its position in Canadian Natural Resources by 58.8% in the first quarter. Hillsdale Investment Management Inc. now owns 775,589 shares of the oil and gas producer’s stock valued at $37,825,000 after purchasing an additional 287,300 shares during the period. 74.03% of the stock is owned by institutional investors and hedge funds.

Canadian Natural Resources Stock Down 1.1%

CNQ stock opened at $50.80 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.75 and a debt-to-equity ratio of 0.32. The company’s 50-day moving average price is $46.90 and its 200 day moving average price is $46.12. Canadian Natural Resources Limited has a 52 week low of $29.68 and a 52 week high of $52.31. The company has a market cap of $104.77 billion, a P/E ratio of 12.54 and a beta of 0.47.

Canadian Natural Resources (NYSE:CNQ – Get Free Report) (TSE:CNQ) last issued its earnings results on Thursday, August 6th. The oil and gas producer reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.15. Canadian Natural Resources had a net margin of 22.78% and a return on equity of 23.91%. The company had revenue of $14.74 billion during the quarter, compared to analysts’ expectations of $9.40 billion. On average, research analysts expect that Canadian Natural Resources Limited will post 4.05 earnings per share for the current fiscal year.

Canadian Natural Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be paid a $0.625 dividend. This represents a $2.50 annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend is Friday, September 11th. Canadian Natural Resources’s dividend payout ratio (DPR) is presently 44.69%.

Analyst Ratings Changes

Several equities analysts have issued reports on CNQ shares. Wall Street Zen upgraded Canadian Natural Resources from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Weiss Ratings cut Canadian Natural Resources from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, September 4th. Desjardins upgraded Canadian Natural Resources to a “hold” rating in a research note on Thursday, July 16th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Canadian Natural Resources in a report on Thursday, August 27th. Finally, TD Securities reissued a “buy” rating on shares of Canadian Natural Resources in a report on Friday, August 7th. Seven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $57.00.

Read Our Latest Stock Report on Canadian Natural Resources

Canadian Natural Resources Company Profile

(Free Report)

Canadian Natural Resources Limited (CNRL) is a Canadian independent crude oil and natural gas exploration, development, production, marketing and refining company headquartered in Calgary, Alberta. The company produces a range of energy products, including heavy and light crude oil, synthetic crude oil, natural gas and natural gas liquids.

CNRL’s operations are concentrated in Western Canada, where it holds significant oil sands, conventional oil and natural gas assets. Its oil sands business includes mining and upgrading operations as well as in situ thermal projects.