TD Asset Management Adds $91M in Canadian Natural Resources Limited ($CNQ)

Written by Opentrades · Published Jun 12, 2026, 7:46 PM EDT

Key Points

TD Asset Management changed its Canadian Natural Resources Limited ($CNQ) stake by 5.3% last quarter, boosting to 39,940,897 shares worth $1.81 billion.
Wall Street's consensus rating on $CNQ is Buy and an average price target of $46.53.
$CNQ last traded around $45.44.

TD Asset Management increased its position in Canadian Natural Resources Limited ($CNQ) by 5.3% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,940,897 shares of Canadian Natural Resources Limited after buying 1,995,171 shares during the quarter. TD Asset Management's holdings in Canadian Natural Resources Limited were worth $1.81 billion as of its most recent filing.

Canadian Natural Resources Limited ($CNQ) Stock

Last price$45.44

Market cap$94.48B

P/E ratio11.80

Forward P/E12.43

PEG ratio3.42

Beta0.88

52-week low$29.30

52-week high$51.34

50-day MA$46.42

200-day MA$38.57

Current ratio0.98

Quick ratio0.64

Debt-to-equity0.45

Canadian Natural Resources Limited Earnings

EPS (ttm)$3.84

Revenue (ttm)$38.63B

Revenue growth-1.2%

Net margin25.1%

Return on equity22.8%

Next earningsMay 7, 2026

Canadian Natural Resources Limited Dividend

Annual dividend$1.83

Dividend yield403.00%

Payout ratio45.5%

Ex-dividend dateJun 22, 2026

Analysts Set New Price Targets

ConsensusBuy

Average target$46.53

High target$52.07

Low target$40.46

Analysts covering4

About Canadian Natural Resources Limited

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers synthetic crude oil (SCO), mining bitumen, light and medium crude oil and NGLs, thermal bitumen, primary heavy crude oil and Pelican Lake heavy crude oil. Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.

ExchangeNYSE

SectorEnergy

IndustryOil & Gas E&P

HeadquartersCalgary, AB

CEOMr. Norman Murray Edwards O.C.

Employees10,750

Websitehttps://www.cnrl.com