Exencial Wealth Advisors LLC Has $14.72 Million Stake in Canadian Natural Resources Limited (NYSE:CNQ)

Exencial Wealth Advisors LLC trimmed its holdings in Canadian Natural Resources Limited (NYSE:CNQ - Free Report) TSE: CNQ by 2.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 476,697 shares of the oil and gas producer's stock after selling 10,794 shares during the period. Exencial Wealth Advisors LLC's holdings in Canadian Natural Resources were worth $14,716,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of CNQ. Duncker Streett & Co. Inc. acquired a new stake in Canadian Natural Resources during the 4th quarter worth approximately $25,000. Continuum Advisory LLC increased its position in shares of Canadian Natural Resources by 144.1% during the third quarter. Continuum Advisory LLC now owns 830 shares of the oil and gas producer's stock worth $28,000 after acquiring an additional 490 shares in the last quarter. Coastline Trust Co acquired a new stake in shares of Canadian Natural Resources during the third quarter worth $33,000. R Squared Ltd bought a new stake in Canadian Natural Resources in the 4th quarter valued at $32,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in Canadian Natural Resources in the 3rd quarter worth $37,000. 74.03% of the stock is currently owned by institutional investors.

Canadian Natural Resources Stock Performance

Shares of NYSE CNQ traded up $0.95 during mid-day trading on Thursday, reaching $28.38. 1,984,560 shares of the company were exchanged, compared to its average volume of 6,730,041. The stock has a market capitalization of $59.66 billion, a P/E ratio of 11.01 and a beta of 1.45. The company has a quick ratio of 0.53, a current ratio of 0.84 and a debt-to-equity ratio of 0.21. The company's 50-day simple moving average is $30.54 and its 200-day simple moving average is $32.80. Canadian Natural Resources Limited has a twelve month low of $25.62 and a twelve month high of $41.29.

Canadian Natural Resources (NYSE:CNQ - Get Free Report) TSE: CNQ last issued its quarterly earnings data on Thursday, March 6th. The oil and gas producer reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.03). Canadian Natural Resources had a return on equity of 20.07% and a net margin of 18.45%. As a group, research analysts predict that Canadian Natural Resources Limited will post 2.45 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have issued reports on CNQ shares. Tudor Pickering downgraded Canadian Natural Resources from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 10th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $62.00 price target on shares of Canadian Natural Resources in a research report on Tuesday, February 18th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $62.00.

About Canadian Natural Resources

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).