CANADIAN NAT RES LTD

Ticker: CNQ CUSIP: 136385101 Class: Common Stock

First Eagle Investment Management, LLC's Holding History (CIK: 0001325447)

Note: Option positions (PUT/CALL) are excluded.

Q4 2018

Shares 4,649,986 Value ($000) $112,196 Avg Close $9.44 Range $7.52 - $11.65

Q3 2018

Shares 4,640,075 Value ($000) $151,698 Avg Close $11.82 Range $10.76 - $12.76

Q2 2018

Shares 4,643,458 Value ($000) $167,770 Avg Close $11.72 Range $10.24 - $12.93

Q1 2018

Shares 4,661,273 Value ($000) $146,524 Avg Close $11.03 Range $9.80 - $12.63

Q4 2017

Shares 4,651,067 Value ($000) $166,197 Avg Close $11.45 Range $10.71 - $12.27

Q3 2017

Shares 4,990,229 Value ($000) $167,202 Avg Close $10.37 Range $9.24 - $11.50

Q2 2017

Shares 4,607,324 Value ($000) $132,988 Avg Close $10.12 Range $9.12 - $11.29

Q1 2017

Shares 5,110,404 Value ($000) $167,072 Avg Close $10.11 Range $9.27 - $10.98

Q4 2016

Shares 4,967,139 Value ($000) $158,131 Avg Close $10.54 Range $9.57 - $11.53

Q3 2016

Shares 4,971,796 Value ($000) $158,846 Avg Close $10.04 Range $9.32 - $10.64

Q2 2016

Shares 5,003,983 Value ($000) $154,332 Avg Close $9.28 Range $7.95 - $10.28

Q1 2016

Shares 8,098,292 Value ($000) $218,773 Avg Close $6.95 Range $4.60 - $9.02

Q4 2015

Shares 16,939,592 Value ($000) $369,907 Avg Close $7.23 Range $5.97 - $8.20

Q3 2015

Shares 23,577,818 Value ($000) $460,293 Avg Close $7.06 Range $5.87 - $8.44

Q2 2015

Shares 23,358,814 Value ($000) $634,169 Avg Close $9.60 Range $8.34 - $10.61

Q1 2015

Shares 23,561,775 Value ($000) $721,006 Avg Close $9.07 Range $7.99 - $9.96

Q4 2014

Shares 25,853,898 Value ($000) $799,133 Avg Close $10.28 Range $8.12 - $11.89

Q3 2014

Shares 25,835,687 Value ($000) $1,003,850 Avg Close $12.93 Range $11.67 - $14.11

Q2 2014

Shares 25,470,670 Value ($000) $1,170,300 Avg Close $12.47 Range $11.51 - $13.96

Q1 2014

Shares 26,946,076 Value ($000) $1,033,217 Avg Close $10.48 Range $9.45 - $11.57

Q4 2013

Shares 27,252,298 Value ($000) $922,007 Avg Close $9.59 Range $9.05 - $10.15

Q3 2013

Shares 27,092,298 Value ($000) $850,691 Avg Close $9.21 Range $8.24 - $9.97

Q2 2013

Shares 26,377,200 Value ($000) $743,497 Avg Close $8.76 Range $8.00 - $9.57

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	4,649,986	$112,196	$9.44	$7.52 - $11.65
Q3 2018	4,640,075	$151,698	$11.82	$10.76 - $12.76
Q2 2018	4,643,458	$167,770	$11.72	$10.24 - $12.93
Q1 2018	4,661,273	$146,524	$11.03	$9.80 - $12.63
Q4 2017	4,651,067	$166,197	$11.45	$10.71 - $12.27
Q3 2017	4,990,229	$167,202	$10.37	$9.24 - $11.50
Q2 2017	4,607,324	$132,988	$10.12	$9.12 - $11.29
Q1 2017	5,110,404	$167,072	$10.11	$9.27 - $10.98
Q4 2016	4,967,139	$158,131	$10.54	$9.57 - $11.53
Q3 2016	4,971,796	$158,846	$10.04	$9.32 - $10.64
Q2 2016	5,003,983	$154,332	$9.28	$7.95 - $10.28
Q1 2016	8,098,292	$218,773	$6.95	$4.60 - $9.02
Q4 2015	16,939,592	$369,907	$7.23	$5.97 - $8.20
Q3 2015	23,577,818	$460,293	$7.06	$5.87 - $8.44
Q2 2015	23,358,814	$634,169	$9.60	$8.34 - $10.61
Q1 2015	23,561,775	$721,006	$9.07	$7.99 - $9.96
Q4 2014	25,853,898	$799,133	$10.28	$8.12 - $11.89
Q3 2014	25,835,687	$1,003,850	$12.93	$11.67 - $14.11
Q2 2014	25,470,670	$1,170,300	$12.47	$11.51 - $13.96
Q1 2014	26,946,076	$1,033,217	$10.48	$9.45 - $11.57
Q4 2013	27,252,298	$922,007	$9.59	$9.05 - $10.15
Q3 2013	27,092,298	$850,691	$9.21	$8.24 - $9.97
Q2 2013	26,377,200	$743,497	$8.76	$8.00 - $9.57