Canadian Natural Resources Ownership

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

Recent Insider Transactions

DB:CRC Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
19 Nov 24	Sell€203,469	Steve Laut	Individual	6,400	€31.79
03 Oct 24	Sell€136,070	Trevor Wagil	Individual	4,272	€31.85
07 Aug 24	Sell€61,314	Stephanie Graham	Individual	2,000	€30.66
24 Jun 24	Sell€666,888	Warren Raczynski	Individual	20,000	€33.34
13 May 24	Sell€70	Roy Roth	Individual	2	€35.13
06 May 24	Sell€140,973	Mark Overwater	Individual	4,000	€35.24
18 Mar 24	Sell€67,385	Warren Raczynski	Individual	2,000	€33.69
13 Mar 24	Sell€16,795,120	Norman Edwards	Individual	503,000	€33.39
13 Mar 24	Sell€219,294	Jay Froc	Individual	6,480	€33.84
11 Mar 24	Sell€193,640	Steve Laut	Individual	5,870	€32.99
07 Mar 24	Sell€895,850	Norman Edwards	Individual	27,000	€33.18
05 Mar 24	Buy€322,783	Scott Stauth	Individual	27,000	€11.95
05 Mar 24	Sell€890,741	Scott Stauth	Individual	27,000	€32.99
04 Mar 24	Buy€67,514	Stephanie Graham	Individual	5,462	€13.14
04 Mar 24	Sell€180,475	Stephanie Graham	Individual	5,462	€33.04
06 Feb 24	Sell€14,165	Steve Laut	Individual	500	€28.33
15 Jan 24	Sell€138,264	Kyle Pisio	Individual	4,600	€30.06
04 Jan 24	Sell€78,600	Paul Mendes	Individual	2,542	€30.92

Insider Trading Volume

Insider Buying: CRC insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of CRC?
Owner Type	Number of Shares	Ownership Percentage
State or Government	1,803,118	0.0845%
Individual Insiders	45,812,485	2.15%
General Public	485,994,445	22.8%
Institutions	1,601,097,952	75%

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

Top Shareholders

Top 25 shareholders own 59.24% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
18.1%	Capital Research and Management Company	385,441,387	€11.6b	-5.22%	0.55%
4.19%	The Vanguard Group, Inc.	89,545,421	€2.7b	1.91%	0.04%
3.91%	FMR LLC	83,525,230	€2.5b	-0.57%	0.15%
2.89%	BMO Asset Management Corp.	61,678,922	€1.9b	2.77%	0.72%
2.39%	RBC Dominion Securities Inc., Asset Management Arm	51,063,667	€1.5b	5.27%	1.73%
2.32%	Fidelity International Ltd	49,459,292	€1.5b	-6.33%	0.63%
2.12%	RBC Global Asset Management Inc.	45,202,364	€1.4b	-9.52%	0.85%
2.04%	Fisher Asset Management, LLC	43,581,024	€1.3b	3.94%	0.53%
2%	Norman Edwards	42,636,076	€1.3b	0%	no data
1.99%	TD Asset Management, Inc.	42,414,999	€1.3b	-0.24%	0.93%
1.82%	T. Rowe Price Group, Inc.	38,814,062	€1.2b	-27%	0.1%
1.65%	Canada Pension Plan Investment Board	35,119,002	€1.1b	-15.3%	0.87%
1.58%	1832 Asset Management L.P.	33,756,826	€1.0b	6.6%	1.37%
1.41%	Mackenzie Financial Corporation	30,115,910	€903.5m	0.33%	0.99%
1.39%	Canadian Imperial Bank of Commerce, Asset Management Arm	29,639,933	€889.2m	11.5%	1.91%
1.36%	Yacktman Asset Management LP	29,006,951	€870.2m	-1.53%	7.05%
1.33%	Manulife Asset Management	28,468,127	€854.0m	5.11%	0.64%
1.14%	Merrill Lynch & Co. Inc., Banking Investments	24,353,948	€730.6m	466%	0.27%
1.08%	The Bank of Nova Scotia, Banking Investments	22,997,180	€689.9m	-14.7%	1.39%
1.07%	CIBC Asset Management Inc.	22,838,487	€685.2m	-0.34%	1.41%
0.91%	GQG Partners LLC	19,498,692	€585.0m	0%	0.5%
0.74%	Toronto-Dominion Bank, Banking Investments	15,754,090	€472.6m	-18.4%	0.73%
0.65%	CI Global Asset Management	13,874,466	€416.2m	-8.7%	0.85%
0.63%	Morgan Stanley, Investment Banking and Brokerage Investments	13,379,512	€401.4m	47.5%	0.05%
0.58%	Legal & General Investment Management Limited	12,345,355	€370.4m	0.49%	0.07%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 19:31
End of Day Share Price	2025/01/02 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Canadian Natural Resources Limited is covered by 55 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.

Analyst	Institution
Harshit Gupta	Accountability Research Corporation
Patrick O'Rourke	ATB Capital Markets
Thomas Driscoll	Barclays