Equitable Trust Co. Sells 1,071 Shares of Canadian Natural Resources Limited (NYSE:CNQ)

Equitable Trust Co. lowered its stake in Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 63,127 shares of the oil and gas producer’s stock after selling 1,071 shares during the period. Equitable Trust Co.’s holdings in Canadian Natural Resources were worth $1,949,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Holocene Advisors LP purchased a new position in Canadian Natural Resources during the third quarter valued at $13,700,000. SG Americas Securities LLC lifted its position in Canadian Natural Resources by 6.3% during the fourth quarter. SG Americas Securities LLC now owns 296,424 shares of the oil and gas producer’s stock valued at $9,151,000 after buying an additional 17,694 shares during the period. Canoe Financial LP lifted its position in Canadian Natural Resources by 226.0% during the third quarter. Canoe Financial LP now owns 1,549,610 shares of the oil and gas producer’s stock valued at $51,469,000 after buying an additional 1,074,199 shares during the period. Baskin Financial Services Inc. lifted its position in Canadian Natural Resources by 1.1% during the fourth quarter. Baskin Financial Services Inc. now owns 996,151 shares of the oil and gas producer’s stock valued at $30,736,000 after buying an additional 10,871 shares during the period. Finally, Cerity Partners LLC lifted its position in Canadian Natural Resources by 112.8% during the third quarter. Cerity Partners LLC now owns 453,393 shares of the oil and gas producer’s stock valued at $15,057,000 after buying an additional 240,354 shares during the period. Institutional investors own 74.03% of the company’s stock.

Canadian Natural Resources Stock Performance

Shares of Canadian Natural Resources stock opened at $30.65 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.53 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $64.47 billion, a P/E ratio of 11.90 and a beta of 1.45. The business has a fifty day simple moving average of $31.32 and a two-hundred day simple moving average of $33.48. Canadian Natural Resources Limited has a 12 month low of $28.65 and a 12 month high of $41.29.

Canadian Natural Resources Company Profile

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).