Canadian Natural Resources

CNQ

Canadian Natural Resources Limited, or CNRL or Canadian Natural is a company engaged in hydrocarbon exploration primarily in Western Canada, the United Kingdom sector of the North Sea, and offshore Côte d'Ivoire and Gabon. The company is headquartered in Calgary, Alberta.The company has the largest undeveloped base in the Western Canadian Sedimentary Basin. It is the largest independent producer of natural gas in Western Canada and the largest producer of heavy crude oil in Canada.In the 2020 Forbes Global 2000, Canadian Natural Resources was ranked as the 306th -largest public company in the world.

Canadian Natural Resources has been a target of short sellers for a while. The current short interest of 5.49% is slightly above the average of the last 12 months (2.89%).