Canadian Natural Resources (NYSE:CNQ) Shares Acquired Rep. Bruce Westerman

Representative Bruce Westerman (R-Arkansas) recently bought shares of Canadian Natural Resources Limited (NYSE:CNQ). In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in Canadian Natural Resources stock on March 3rd. The trade occurred in the Representative’s “FISHER IRA” account.

Representative Bruce Westerman also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) on 4/2/2025.
• Purchased $1,001 – $15,000 in shares of Sony Group (NYSE:SONY) on 3/24/2025.
• Purchased $1,001 – $15,000 in shares of Mitsubishi UFJ Financial Group (NYSE:MUFG) on 3/21/2025.
• Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 3/21/2025.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 3/20/2025.
• Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 3/20/2025.

Canadian Natural Resources Trading Up 2.3 %

Shares of CNQ stock traded up $0.65 on Friday, hitting $28.82. 7,661,564 shares of the company’s stock traded hands, compared to its average volume of 5,431,940. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.53 and a current ratio of 0.84. The stock has a market capitalization of $60.45 billion, a price-to-earnings ratio of 11.19 and a beta of 1.10. The company’s fifty day simple moving average is $29.06 and its 200 day simple moving average is $31.59. Canadian Natural Resources Limited has a one year low of $24.65 and a one year high of $39.20.

Canadian Natural Resources Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, March 21st were issued a $0.4117 dividend. This is a boost from Canadian Natural Resources’s previous quarterly dividend of $0.39. This represents a $1.65 dividend on an annualized basis and a dividend yield of 5.72%. The ex-dividend date of this dividend was Friday, March 21st. Canadian Natural Resources’s dividend payout ratio is presently 77.88%.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Raymond James upgraded shares of Canadian Natural Resources from a “market perform” rating to an “outperform” rating in a report on Wednesday, April 9th. Evercore ISI raised Canadian Natural Resources from an “in-line” rating to an “outperform” rating in a research report on Friday, March 7th. Tudor Pickering lowered Canadian Natural Resources from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 10th. Scotiabank upgraded Canadian Natural Resources from a “sector perform” rating to a “sector outperform” rating in a report on Wednesday, March 19th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $63.00 price target on shares of Canadian Natural Resources in a research note on Thursday, March 27th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $63.00.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CNQ. Clarius Group LLC raised its holdings in Canadian Natural Resources by 17.5% in the 1st quarter. Clarius Group LLC now owns 9,150 shares of the oil and gas producer’s stock worth $282,000 after purchasing an additional 1,362 shares during the period. Lorne Steinberg Wealth Management Inc. raised its stake in shares of Canadian Natural Resources by 1,077.2% in the first quarter. Lorne Steinberg Wealth Management Inc. now owns 85,535 shares of the oil and gas producer’s stock worth $2,635,000 after buying an additional 78,269 shares during the period. Janney Montgomery Scott LLC purchased a new position in shares of Canadian Natural Resources during the 1st quarter valued at about $757,000. Opal Wealth Advisors LLC purchased a new stake in Canadian Natural Resources in the 1st quarter worth approximately $56,000. Finally, Hennessy Advisors Inc. raised its stake in Canadian Natural Resources by 14.1% during the 1st quarter. Hennessy Advisors Inc. now owns 195,500 shares of the oil and gas producer’s stock worth $6,021,000 after acquiring an additional 24,100 shares during the period. 74.03% of the stock is currently owned by institutional investors.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas’ 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas’ 4th Congressional District. He declared candidacy for the 2026 election.

Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

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).