Miller Howard Investments Inc. NY Sells 551,702 Shares of Canadian Natural Resources Limited (NYSE:CNQ)

Miller Howard Investments Inc. NY decreased its position in shares of Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 33.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,101,415 shares of the oil and gas producer’s stock after selling 551,702 shares during the period. Miller Howard Investments Inc. NY owned about 0.05% of Canadian Natural Resources worth $34,001,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Empowered Funds LLC lifted its holdings in shares of Canadian Natural Resources by 21.1% during the fourth quarter. Empowered Funds LLC now owns 76,108 shares of the oil and gas producer’s stock valued at $2,349,000 after purchasing an additional 13,277 shares during the last quarter. Moloney Securities Asset Management LLC raised its position in shares of Canadian Natural Resources by 14.1% in the 4th quarter. Moloney Securities Asset Management LLC now owns 8,332 shares of the oil and gas producer’s stock worth $257,000 after purchasing an additional 1,030 shares during the last quarter. Goehring & Rozencwajg Associates LLC purchased a new stake in Canadian Natural Resources during the 4th quarter valued at about $15,193,000. Golden State Wealth Management LLC purchased a new position in Canadian Natural Resources in the fourth quarter worth about $346,000. Finally, Measured Wealth Private Client Group LLC grew its holdings in shares of Canadian Natural Resources by 6.3% during the fourth quarter. Measured Wealth Private Client Group LLC now owns 10,800 shares of the oil and gas producer’s stock valued at $333,000 after buying an additional 642 shares during the last quarter. 74.03% of the stock is owned by hedge funds and other institutional investors.

Canadian Natural Resources Price Performance

Shares of NYSE CNQ opened at $30.38 on Friday. Canadian Natural Resources Limited has a twelve month low of $28.65 and a twelve month high of $41.29. The company has a 50 day moving average of $31.32 and a 200 day moving average of $33.49. 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 firm has a market cap of $63.89 billion, a P/E ratio of 11.80 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).