Marathon Asset Management Ltd - CANADIAN NAT RES LTD ownership

CANADIAN NAT RES LTD's ticker is CNQ and the CUSIP is 136385101. A total of 602 filers reported holding CANADIAN NAT RES LTD in Q2 2024. The put-call ratio across all filers is 1.41 and the average weighting 0.4%.

About CANADIAN NAT RES LTD

Canadian Natural Resources Limited (CNRL) is a leading independent crude oil and natural gas producer in Canada. The company has a diversified portfolio of assets that includes light and medium crude oil, heavy crude oil, bitumen, synthetic crude oil, natural gas liquids, and natural gas. CNRL operates in Western Canada, the North Sea, and Offshore Africa.

CNRL has a strong track record of operational excellence and financial discipline. The company has a low-cost structure and a long reserve life, which provides a stable production base and a strong cash flow. CNRL has a proven ability to generate free cash flow, which it uses to fund its growth projects, pay dividends, and reduce debt.

CNRL has a strong balance sheet, with a debt-to-capitalization ratio of 29% and a debt-to-EBITDA ratio of 1.5x. The company has a solid investment-grade credit rating, which allows it to access capital markets at attractive rates.

CNRL has a strong commitment to sustainability and social responsibility. The company has implemented a comprehensive environmental, social, and governance (ESG) program, which includes reducing greenhouse gas emissions, conserving water, protecting biodiversity, and engaging with stakeholders.

In conclusion, CNRL is a well-managed, financially disciplined, and socially responsible company that is well-positioned to benefit from the long-term demand for crude oil and natural gas. The company's diversified portfolio of assets, low-cost structure, and strong balance sheet provide a solid foundation for growth and value creation for its shareholders.

It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.

Quarter-by-quarter ownership
Marathon Asset Management Ltd ownership history of CANADIAN NAT RES LTD
ValueSharesWeighting
Q2 2024$75,364,694
-21.1%
2,092,278
+68.9%
2.36%
-7.4%
Q1 2024$95,533,742
+14.4%
1,238,516
-1.2%
2.55%
+8.7%
Q4 2023$83,531,159
-22.8%
1,253,999
-24.0%
2.34%
-30.2%
Q3 2023$108,263,984
+0.0%
1,649,598
-13.2%
3.36%
+10.6%
Q2 2023$108,219,648
+0.7%
1,900,907
-1.2%
3.04%
+1.2%
Q1 2023$107,520,002
+0.1%
1,923,253
+0.4%
3.00%
+3.7%
Q4 2022$107,450,686
+16.2%
1,915,142
-2.0%
2.90%
+5.1%
Q3 2022$92,464,000
-21.5%
1,953,740
-10.1%
2.76%
+40.1%
Q2 2022$117,794,000
-16.8%
2,174,234
-4.0%
1.97%
+2.3%
Q1 2022$141,609,000
+23.4%
2,263,909
-15.7%
1.92%
+35.1%
Q4 2021$114,798,000
-2.8%
2,684,564
-16.1%
1.42%
-0.8%
Q3 2021$118,105,0003,200,0521.43%
Other shareholders
CANADIAN NAT RES LTD shareholders Q2 2024
NameSharesValueWeighting ↓
Wintergreen Advisers 3,101,989$120,512,00015.62%
KING STREET CAPITAL MANAGEMENT, L.P. 1,750,000$67,970,0009.03%
Scheer, Rowlett & Associates Investment Management Ltd. 5,545,212$215,894,0007.01%
Cardinal Capital Management, Inc. 2,067,939$80,280,0006.16%
Beutel, Goodman & Co Ltd. 17,331,772$672,828,0005.87%
Hillsdale Investment Management Inc. 435,940$16,938,0005.38%
HORAN CAPITAL MANAGEMENT 374,640$14,551,0004.92%
Robotti & Company 251,339$9,762,0004.83%
Guinness Asset Management LTD 285,100$11,100,0004.68%
LETKO, BROSSEAU & ASSOCIATES INC 13,940,856$541,191,0004.60%
View complete list of CANADIAN NAT RES LTD shareholders