Triasima Portfolio Management inc. Has $10.44 Million Position in Canadian Natural Resources Limited (NYSE:CNQ)

Triasima Portfolio Management inc. lowered its position in shares of Canadian Natural Resources Limited (NYSE:CNQ - Free Report) TSE: CNQ by 10.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 338,199 shares of the oil and gas producer's stock after selling 38,615 shares during the quarter. Canadian Natural Resources comprises 2.0% of Triasima Portfolio Management inc.'s investment portfolio, making the stock its 9th biggest holding. Triasima Portfolio Management inc.'s holdings in Canadian Natural Resources were worth $10,436,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Holocene Advisors LP acquired a new position in Canadian Natural Resources in the third quarter valued at approximately $13,700,000. SG Americas Securities LLC boosted its stake 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 in the last quarter. Canoe Financial LP grew its holdings 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 worth $51,469,000 after purchasing an additional 1,074,199 shares during the period. Baskin Financial Services Inc. increased its stake in Canadian Natural Resources by 1.1% in the fourth quarter. Baskin Financial Services Inc. now owns 996,151 shares of the oil and gas producer's stock valued at $30,736,000 after purchasing an additional 10,871 shares in the last quarter. Finally, Cerity Partners LLC raised its holdings in shares of Canadian Natural Resources by 112.8% during the third quarter. Cerity Partners LLC now owns 453,393 shares of the oil and gas producer's stock valued at $15,057,000 after purchasing an additional 240,354 shares during the period. 74.03% of the stock is currently owned by institutional investors and hedge funds.

Canadian Natural Resources Stock Up 0.5 %

Shares of CNQ traded up $0.14 during trading hours on Tuesday, hitting $30.85. The stock had a trading volume of 2,328,068 shares, compared to its average volume of 6,246,349. The firm has a 50 day simple moving average of $31.27 and a 200-day simple moving average of $33.45. Canadian Natural Resources Limited has a 1-year low of $28.65 and a 1-year high of $41.29. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.84 and a quick ratio of 0.53. The firm has a market capitalization of $64.89 billion, a P/E ratio of 11.99 and a beta of 1.45.

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).