Canoe lifts stake 7.10 percent in Canadian Natural Resources stock

Published on 10/23/2026 at 10:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Canoe added 171,998 shares, lifting its stake 7.10 percent in the third quarter. Canadian Natural Resources stock costs EUR 48.47 on October 23, 2026.

Recent ownership and operating data

Canoe added 171,998 shares on October 22, 2026, lifting its stake 7.10 percent.
Canadian Natural Resources reported CAD 14.74 billion of revenue for the second quarter ended June 30, 2026.
Canadian Natural Resources stock traded at EUR 48.47 at 10:47 a.m. CEST at Lang & Schwarz on October 23, 2026.

CNQ, CA1363851017, Illustration mit AI erstellt.

Canadian Natural Resources (ISIN CA1363851017) was trading at EUR 48.47 at Lang & Schwarz on October 23, 2026, at 10:47 a.m. CEST. MarketBeat reported on October 22, 2026, that Canoe Financial increased its Canadian Natural Resources stake by 7.10 percent through the purchase of 171,998 shares.

Canoe's stake adds a fresh signal

The filing said Canoe held 2.61 million shares after the purchase, giving the investment manager a larger position in the oil and gas producer. Institutional investors collectively owned 74.03 percent of the company, according to MarketBeat.

What does the latest quarter show?

Canadian Natural Resources generated CAD 14.74 billion of revenue and CAD 4.50 billion of net income attributable to common shareholders in the second quarter ended June 30, 2026. Ticker Scout said quarterly production reached 1,676,754 barrels of oil equivalent per day, up 18.00 percent from the second quarter of 2025. The result gives the ownership filing a stronger operating context, although the company remains exposed to commodity prices and heavy-oil differentials.

CNQ's recent timeline

On August 6, 2026, Canadian Natural Resources reported its second-quarter results, including CAD 14.74 billion of revenue, according to Ticker Scout. On October 14, 2026, Raymond James cut its rating from outperform to market perform and reduced its target from CAD 70.00 to CAD 69.00, as reported by MarketBeat.

On October 22, 2026, Canoe Financial added 171,998 shares and lifted its stake by 7.10 percent, the most recent dated event in this timeline.

Next reported date

Canadian Natural Resources is scheduled to report third-quarter 2026 results on November 5, 2026, according to Seeking Alpha. The page lists a consensus estimate of USD 1.49 for normalized earnings per share and USD 12.18 billion of revenue for that quarter.

Stock trades at EUR 48.47

The euro quote places CNQ in a live German-market context while the next results date gives investors a defined operating checkpoint. Canadian Natural Resources stock was trading at EUR 48.47 at Lang & Schwarz on October 23, 2026, at 10:47 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Canadian Natural Resources stock.