Guardian Capital LP Has $78.56 Million Stock Position in Canadian Natural Resources Limited $CNQ

Guardian Capital LP boosted its position in Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 4.8% during the third quarter, HoldingsChannel.com reports. The fund owned 2,456,263 shares of the oil and gas producer’s stock after buying an additional 112,709 shares during the quarter. Canadian Natural Resources makes up 2.5% of Guardian Capital LP’s portfolio, making the stock its 8th biggest position. Guardian Capital LP’s holdings in Canadian Natural Resources were worth $78,557,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in CNQ. AQR Capital Management LLC increased its stake in shares of Canadian Natural Resources by 85.5% in the 1st quarter. AQR Capital Management LLC now owns 18,090 shares of the oil and gas producer’s stock valued at $557,000 after purchasing an additional 8,336 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Canadian Natural Resources by 92.7% during the 1st quarter. Jones Financial Companies Lllp now owns 29,096 shares of the oil and gas producer’s stock worth $896,000 after buying an additional 13,996 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Canadian Natural Resources by 4.3% during the 1st quarter. Empowered Funds LLC now owns 79,374 shares of the oil and gas producer’s stock worth $2,445,000 after buying an additional 3,266 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Canadian Natural Resources by 47.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,644 shares of the oil and gas producer’s stock worth $51,000 after buying an additional 528 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in Canadian Natural Resources by 59.7% in the second quarter. Assetmark Inc. now owns 2,113 shares of the oil and gas producer’s stock valued at $66,000 after buying an additional 790 shares in the last quarter. 74.03% of the stock is currently owned by institutional investors and hedge funds.

Canadian Natural Resources Trading Up 2.4%

Shares of CNQ stock opened at $46.43 on Friday. Canadian Natural Resources Limited has a twelve month low of $24.65 and a twelve month high of $46.85. The stock’s fifty day simple moving average is $37.85 and its 200 day simple moving average is $34.09. The company has a quick ratio of 0.53, a current ratio of 0.86 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $96.79 billion, a P/E ratio of 12.58 and a beta of 0.63.

Canadian Natural Resources (NYSE:CNQ) (TSE:CNQ) last posted its earnings results on Thursday, March 5th. The oil and gas producer reported $0.59 EPS for the quarter, beating the consensus estimate of $0.53 by $0.06. Canadian Natural Resources had a return on equity of 18.24% and a net margin of 24.48%.The firm had revenue of $6.89 billion during the quarter, compared to the consensus estimate of $6.64 billion. During the same period last year, the company earned $0.93 earnings per share. As a group, sell-side analysts predict that Canadian Natural Resources Limited will post 2.45 EPS for the current fiscal year.

Canadian Natural Resources Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Friday, March 20th will be paid a $0.625 dividend. This is an increase from Canadian Natural Resources’s previous quarterly dividend of $0.59. This represents a $2.50 annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend is Friday, March 20th. Canadian Natural Resources’s payout ratio is currently 45.53%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on CNQ shares. The Goldman Sachs Group set a $35.00 target price on Canadian Natural Resources and gave the company a “buy” rating in a research report on Friday, January 2nd. Zacks Research cut shares of Canadian Natural Resources from a “strong-buy” rating to a “hold” rating in a report on Friday, December 19th. Evercore downgraded shares of Canadian Natural Resources from an “outperform” rating to an “in-line” rating in a research note on Tuesday, January 6th. Royal Bank Of Canada lifted their price target on shares of Canadian Natural Resources from $61.00 to $65.00 and gave the company an “outperform” rating in a report on Friday. Finally, Wall Street Zen raised shares of Canadian Natural Resources from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Canadian Natural Resources currently has an average rating of “Hold” and a consensus price target of $50.00.

Key Canadian Natural Resources News

Here are the key news stories impacting Canadian Natural Resources this week:

• Positive Sentiment: Q4 beat, record production and dividend bump — CNQ beat consensus EPS and revenue, reported record production (~1.66 mmboe/d), and raised the quarterly dividend ~6.4%, signaling strong cash generation and a shareholder‑friendly stance. Canadian Natural: Huge Gains, Dividend Increase, Earnings Beat
• Positive Sentiment: Analyst upgrade/target lift — RBC Capital raised its price target to $65 and kept an Outperform rating, implying meaningful upside versus current levels and likely supporting the rally. RBC price target raise (Benzinga)
• Positive Sentiment: Oil price tailwind — WTI above $75 amid geopolitical tensions, which benefits CNQ’s North American production profile and helps near‑term cash flow. Oil Prices Above $75 (Zacks)
• Neutral Sentiment: Earnings detail & mixed metrics — official releases and transcripts confirm the beat, higher revenue and stronger operating cash flow, but operating profit and EPS were down YoY in some disclosures, creating a more nuanced profitability picture. Q4 results (Newsfile)
• Neutral Sentiment: Call/transcript available — The Q4 earnings call transcript and materials provide management color on production, capital spending and the updated capital allocation framework for investors doing deeper diligence. Q4 2025 earnings call transcript
• Negative Sentiment: Pause of $8.25B oil‑sands expansion — Management paused a major oil‑sands expansion, citing carbon‑policy uncertainty; this could limit future growth optionality and highlights regulatory/transition risk for the company’s heavier assets. Pause of oil-sands expansion (Globe & Mail)

Canadian Natural Resources Profile

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.