Entropy Technologies LP trimmed its stake in shares of Canadian Natural Resources Limited (NYSE:CNQ - Free Report) TSE: CNQ by 55.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 62,751 shares of the oil and gas producer's stock after selling 78,828 shares during the period. Entropy Technologies LP's holdings in Canadian Natural Resources were worth $1,937,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of CNQ. Holocene Advisors LP purchased a new stake in Canadian Natural Resources in the 3rd quarter valued at approximately $13,700,000. SG Americas Securities LLC boosted 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 worth $9,151,000 after acquiring an additional 17,694 shares during the last quarter. Canoe Financial LP increased its stake in Canadian Natural Resources by 226.0% in 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 purchasing an additional 1,074,199 shares during the last quarter. Baskin Financial Services Inc. increased 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 worth $30,736,000 after purchasing an additional 10,871 shares during the last quarter. Finally, Cerity Partners LLC raised its holdings in shares of Canadian Natural Resources by 112.8% in the 3rd quarter. Cerity Partners LLC now owns 453,393 shares of the oil and gas producer's stock worth $15,057,000 after purchasing an additional 240,354 shares during the period. 74.03% of the stock is currently owned by hedge funds and other institutional investors.
Canadian Natural Resources Stock Up 0.7 %
Canadian Natural Resources stock traded up $0.22 during trading on Tuesday, reaching $30.93. 4,296,469 shares of the company's stock were exchanged, compared to its average volume of 6,321,339. The company's 50-day moving average is $31.27 and its two-hundred day moving average is $33.45. The firm has a market cap of $65.04 billion, a price-to-earnings ratio of 12.01 and a beta of 1.45. 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.
Canadian Natural Resources Profile
(
Free Report)
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).
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