Peterson Wealth Services Has $5.16 Million Stock Position in Canadian Natural Resources Limited (NYSE:CNQ)

Peterson Wealth Services raised its holdings in Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 3.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 167,004 shares of the oil and gas producer’s stock after acquiring an additional 4,825 shares during the quarter. Canadian Natural Resources accounts for 1.5% of Peterson Wealth Services’ investment portfolio, making the stock its 15th biggest holding. Peterson Wealth Services’ holdings in Canadian Natural Resources were worth $5,155,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the business. Moloney Securities Asset Management LLC lifted its stake in Canadian Natural Resources by 5.4% in the third quarter. Moloney Securities Asset Management LLC now owns 7,302 shares of the oil and gas producer’s stock valued at $242,000 after buying an additional 376 shares during the period. Measured Wealth Private Client Group LLC lifted its stake in Canadian Natural Resources by 4.1% in the third quarter. Measured Wealth Private Client Group LLC now owns 10,158 shares of the oil and gas producer’s stock valued at $337,000 after buying an additional 404 shares during the period. Kingsview Wealth Management LLC lifted its stake in Canadian Natural Resources by 4.9% in the third quarter. Kingsview Wealth Management LLC now owns 9,018 shares of the oil and gas producer’s stock valued at $300,000 after buying an additional 419 shares during the period. Fifth Third Bancorp lifted its stake in Canadian Natural Resources by 51.0% in the fourth quarter. Fifth Third Bancorp now owns 1,271 shares of the oil and gas producer’s stock valued at $39,000 after buying an additional 429 shares during the period. Finally, Pitcairn Co. lifted its stake in Canadian Natural Resources by 1.3% in the third quarter. Pitcairn Co. now owns 36,390 shares of the oil and gas producer’s stock valued at $1,209,000 after buying an additional 475 shares during the period. 74.03% of the stock is owned by institutional investors and hedge funds.

Canadian Natural Resources Price Performance

Shares of CNQ opened at $30.65 on Tuesday. Canadian Natural Resources Limited has a 52-week low of $28.65 and a 52-week high of $41.29. 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 business’s 50 day moving average price is $31.32 and its two-hundred day moving average price is $33.48. The firm has a market cap of $64.47 billion, a PE ratio of 11.90 and a beta of 1.45.

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).