Canadian Natural Resources Limited

TSX:CNQ Stock Report

Market Cap: CA$90.8b

Canadian Natural Resources Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:CNQ Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
02 Jul 25BuyCA$43,731Steve LautIndividual1,006CA$43.47
19 Jun 25SellCA$227,278Kyle PisioIndividual4,912CA$46.27
11 Jun 25SellCA$313,535Calvin BastIndividual7,000CA$44.79
10 Apr 25BuyCA$51,631Dwayne GiggsIndividual1,400CA$36.88
02 Apr 25BuyCA$43,757Steve LautIndividual980CA$44.65
13 Mar 25BuyCA$94,423Erin LunnIndividual2,252CA$41.93
12 Mar 25SellCA$162,649Steve LautIndividual3,900CA$42.02
06 Feb 25SellCA$139,761Steve LautIndividual3,180CA$43.95
14 Jan 25SellCA$90,682Stephanie GrahamIndividual2,000CA$45.34
07 Jan 25SellCA$235,300Dean HalewichIndividual5,000CA$47.06
07 Jan 25SellCA$117,250Trevor WagilIndividual2,500CA$46.90
06 Jan 25BuyCA$43,765Steve LautIndividual942CA$46.46
19 Nov 24SellCA$301,056Steve LautIndividual6,400CA$47.04
03 Oct 24SellCA$202,967Trevor WagilIndividual4,272CA$47.51
07 Aug 24SellCA$92,012Stephanie GrahamIndividual2,000CA$46.01

Insider Trading Volume

Insider Buying: CNQ insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of CNQ?
Owner TypeNumber of SharesOwnership Percentage
State or Government1,813,5720.0866%
Individual Insiders45,435,8462.17%
General Public515,334,77424.6%
Institutions1,530,691,80873.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 54.07% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
10.1%
Capital Research and Management Company
210,633,061CA$9.1b-32.3%0.29%
4.19%
The Vanguard Group, Inc.
87,738,557CA$3.8b-2.52%0.04%
3.63%
BMO Asset Management Corp.
75,932,550CA$3.3b27.7%0.88%
2.95%
FMR LLC
61,652,489CA$2.7b-29.1%0.11%
2.43%
T. Rowe Price Group, Inc.
50,914,395CA$2.2b23.4%0.14%
2.36%
RBC Dominion Securities Inc., Asset Management Arm
49,412,537CA$2.1b-6.5%1.69%
2.33%
RBC Global Asset Management Inc.
48,830,902CA$2.1b6.38%0.88%
2.31%
Royal Bank of Canada, Banking & Securities Investments
48,442,873CA$2.1b1,050%0.68%
2.19%
Fisher Asset Management, LLC
45,887,871CA$2.0b3.98%0.56%
2.04%
Norman Edwards
42,636,076CA$1.8b0%no data
2%
Canada Pension Plan Investment Board
41,769,153CA$1.8b13%1.01%
1.97%
TD Asset Management, Inc.
41,264,192CA$1.8b-2.92%0.89%
1.58%
Mackenzie Financial Corporation
33,100,240CA$1.4b4.81%1.06%
1.57%
Canadian Imperial Bank of Commerce, Asset Management Arm
32,928,340CA$1.4b27.5%2.09%
1.52%
1832 Asset Management L.P.
31,822,379CA$1.4b1.93%1.32%
1.37%
Toronto-Dominion Bank, Banking Investments
28,749,737CA$1.2b137%1.34%
1.3%
Yacktman Asset Management LP
27,266,207CA$1.2b-5.76%7.79%
1.2%
Bank Of Nova SCOTIA Trust Co, Trust Investments
25,039,686CA$1.1b3,140%1.68%
1.19%
Manulife Asset Management
24,813,544CA$1.1b-17%0.57%
1.16%
The Bank of Nova Scotia, Banking Investments
24,253,531CA$1.1b86.7%1.59%
1.12%
Fidelity International Ltd
23,367,946CA$1.0b-44.7%0.29%
1.09%
CIBC Asset Management Inc.
22,873,597CA$992.5m-5.13%1.22%
1.02%
Goldman Sachs Group, Investment Banking and Securities Investments
21,429,318CA$929.8m291%0.29%
0.8%
National Bank Investments Inc.
16,841,078CA$730.7m18.5%0.53%
0.68%
Geode Capital Management, LLC
14,314,637CA$621.1m12.6%0.03%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/08 17:21
End of Day Share Price 2025/07/08 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Canadian Natural Resources Limited is covered by 52 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Patrick O'RourkeATB Capital Markets
Thomas DriscollBarclays