CANADIAN NAT RES LTD

Ticker: CNQ CUSIP: 136385101 Class: Common Stock

Public Sector Pension Investment Board's Holding History (CIK: 0001396318)

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

Q4 2025

Shares 212,226 Value ($000) $7,189 Avg Close $32.42 Range $29.68 - $35.12

Q3 2025

Shares 212,226 Value ($000) $6,787 Avg Close $31.32 Range $29.30 - $33.24

Q2 2025

Shares 212,226 Value ($000) $6,657 Avg Close $29.98 Range $24.33 - $34.34

Q1 2025

Shares 212,226 Value ($000) $6,529 Avg Close $29.57 Range $24.95 - $32.63

Q4 2024

Shares 211,826 Value ($000) $6,537 Avg Close $32.47 Range $28.46 - $36.46

Q3 2024

Shares 288,942 Value ($000) $9,605 Avg Close $33.15 Range $30.37 - $35.76

Q2 2024

Shares 290,342 Value ($000) $10,340 Avg Close $35.42 Range $31.40 - $38.80

Q1 2024

Shares 153,725 Value ($000) $11,738 Avg Close $31.17 Range $27.39 - $35.97

Q4 2023

Shares 238,072 Value ($000) $15,673 Avg Close $29.83 Range $27.19 - $31.64

Q3 2023

Shares 291,357 Value ($000) $18,930 Avg Close $27.87 Range $24.38 - $30.89

Q2 2023

Shares 284,571 Value ($000) $16,017 Avg Close $25.69 Range $23.94 - $28.00

Q1 2023

Shares 298,753 Value ($000) $16,510 Avg Close $25.17 Range $21.64 - $27.62

Q4 2022

Shares 285,948 Value ($000) $15,868 Avg Close $25.10 Range $21.23 - $27.43

Q3 2022

Shares 281,385 Value ($000) $13 Avg Close $22.25 Range $18.55 - $25.43

Q2 2022

Shares 167,546 Value ($000) $8,984 Avg Close $25.60 Range $20.54 - $29.08

Q1 2022

Shares 181,315 Value ($000) $11,237 Avg Close $22.24 Range $17.26 - $26.41

Q4 2021

Shares 239,189 Value ($000) $10,121 Avg Close $16.72 Range $14.67 - $17.88

Q3 2021

Shares 2,095,479 Value ($000) $76,601 Avg Close $13.45 Range $11.79 - $14.98

Q2 2021

Shares 1,847,599 Value ($000) $67,142 Avg Close $13.30 Range $11.40 - $15.05

Q1 2021

Shares 4,794,647 Value ($000) $148,205 Avg Close $10.80 Range $8.74 - $12.74

Q4 2020

Shares 2,547,179 Value ($000) $61,160 Avg Close $7.94 Range $5.72 - $9.97

Q3 2020

Shares 2,095,917 Value ($000) $33,484 Avg Close $6.98 Range $6.10 - $8.03

Q2 2020

Shares 1,629,180 Value ($000) $28,397 Avg Close $6.17 Range $4.38 - $8.38

Q1 2020

Shares 1,934,165 Value ($000) $26,158 Avg Close $8.74 Range $2.41 - $11.75

Q4 2019

Shares 1,659,565 Value ($000) $53,751 Avg Close $9.88 Range $8.59 - $11.67

Q3 2019

Shares 2,137,565 Value ($000) $56,910 Avg Close $8.91 Range $7.93 - $10.19

Q2 2019

Shares 1,229,961 Value ($000) $33,235 Avg Close $9.77 Range $8.83 - $11.04

Q1 2019

Shares 1,206,584 Value ($000) $33,137 Avg Close $9.35 Range $7.94 - $9.99

Q4 2018

Shares 1,176,384 Value ($000) $28,372 Avg Close $9.44 Range $7.52 - $11.65

Q3 2018

Shares 4,451,544 Value ($000) $145,331 Avg Close $11.82 Range $10.76 - $12.76

Q2 2018

Shares 3,973,330 Value ($000) $143,323 Avg Close $11.72 Range $10.24 - $12.93

Q1 2018

Shares 3,613,247 Value ($000) $113,505 Avg Close $11.03 Range $9.80 - $12.63

Q4 2017

Shares 3,458,457 Value ($000) $123,990 Avg Close $11.45 Range $10.71 - $12.27

Q3 2017

Shares 2,465,920 Value ($000) $82,398 Avg Close $10.37 Range $9.24 - $11.50

Q2 2017

Shares 2,366,320 Value ($000) $68,182 Avg Close $10.12 Range $9.12 - $11.29

Q1 2017

Shares 1,933,520 Value ($000) $63,124 Avg Close $10.11 Range $9.27 - $10.98

Q4 2016

Shares 2,030,646 Value ($000) $64,793 Avg Close $10.54 Range $9.57 - $11.53

Q3 2016

Shares 1,857,420 Value ($000) $59,273 Avg Close $10.04 Range $9.32 - $10.64

Q2 2016

Shares 1,916,920 Value ($000) $58,834 Avg Close $9.28 Range $7.95 - $10.28

Q1 2016

Shares 2,443,920 Value ($000) $66,377 Avg Close $6.95 Range $4.60 - $9.02

Q4 2015

Shares 2,886,420 Value ($000) $62,794 Avg Close $7.23 Range $5.97 - $8.20

Q3 2015

Shares 2,993,520 Value ($000) $58,031 Avg Close $7.06 Range $5.87 - $8.44

Q2 2015

Shares 3,300,020 Value ($000) $89,608 Avg Close $9.60 Range $8.34 - $10.61

Q1 2015

Shares 3,457,420 Value ($000) $105,975 Avg Close $9.07 Range $7.99 - $9.96

Q4 2014

Shares 3,853,520 Value ($000) $119,506 Avg Close $10.28 Range $8.12 - $11.89

Q3 2014

Shares 3,788,120 Value ($000) $147,484 Avg Close $12.93 Range $11.67 - $14.11

Q2 2014

Shares 4,329,720 Value ($000) $199,302 Avg Close $12.47 Range $11.51 - $13.96

Q1 2014

Shares 4,382,520 Value ($000) $168,233 Avg Close $10.48 Range $9.45 - $11.57

Q4 2013

Shares 4,626,220 Value ($000) $156,486 Avg Close $9.59 Range $9.05 - $10.15

Q3 2013

Shares 5,290,420 Value ($000) $166,603 Avg Close $9.21 Range $8.24 - $9.97

Q2 2013

Shares 5,080,620 Value ($000) $142,794 Avg Close $8.76 Range $8.00 - $9.57

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	212,226	$7,189	$32.42	$29.68 - $35.12
Q3 2025	212,226	$6,787	$31.32	$29.30 - $33.24
Q2 2025	212,226	$6,657	$29.98	$24.33 - $34.34
Q1 2025	212,226	$6,529	$29.57	$24.95 - $32.63
Q4 2024	211,826	$6,537	$32.47	$28.46 - $36.46
Q3 2024	288,942	$9,605	$33.15	$30.37 - $35.76
Q2 2024	290,342	$10,340	$35.42	$31.40 - $38.80
Q1 2024	153,725	$11,738	$31.17	$27.39 - $35.97
Q4 2023	238,072	$15,673	$29.83	$27.19 - $31.64
Q3 2023	291,357	$18,930	$27.87	$24.38 - $30.89
Q2 2023	284,571	$16,017	$25.69	$23.94 - $28.00
Q1 2023	298,753	$16,510	$25.17	$21.64 - $27.62
Q4 2022	285,948	$15,868	$25.10	$21.23 - $27.43
Q3 2022	281,385	$13	$22.25	$18.55 - $25.43
Q2 2022	167,546	$8,984	$25.60	$20.54 - $29.08
Q1 2022	181,315	$11,237	$22.24	$17.26 - $26.41
Q4 2021	239,189	$10,121	$16.72	$14.67 - $17.88
Q3 2021	2,095,479	$76,601	$13.45	$11.79 - $14.98
Q2 2021	1,847,599	$67,142	$13.30	$11.40 - $15.05
Q1 2021	4,794,647	$148,205	$10.80	$8.74 - $12.74
Q4 2020	2,547,179	$61,160	$7.94	$5.72 - $9.97
Q3 2020	2,095,917	$33,484	$6.98	$6.10 - $8.03
Q2 2020	1,629,180	$28,397	$6.17	$4.38 - $8.38
Q1 2020	1,934,165	$26,158	$8.74	$2.41 - $11.75
Q4 2019	1,659,565	$53,751	$9.88	$8.59 - $11.67
Q3 2019	2,137,565	$56,910	$8.91	$7.93 - $10.19
Q2 2019	1,229,961	$33,235	$9.77	$8.83 - $11.04
Q1 2019	1,206,584	$33,137	$9.35	$7.94 - $9.99
Q4 2018	1,176,384	$28,372	$9.44	$7.52 - $11.65
Q3 2018	4,451,544	$145,331	$11.82	$10.76 - $12.76
Q2 2018	3,973,330	$143,323	$11.72	$10.24 - $12.93
Q1 2018	3,613,247	$113,505	$11.03	$9.80 - $12.63
Q4 2017	3,458,457	$123,990	$11.45	$10.71 - $12.27
Q3 2017	2,465,920	$82,398	$10.37	$9.24 - $11.50
Q2 2017	2,366,320	$68,182	$10.12	$9.12 - $11.29
Q1 2017	1,933,520	$63,124	$10.11	$9.27 - $10.98
Q4 2016	2,030,646	$64,793	$10.54	$9.57 - $11.53
Q3 2016	1,857,420	$59,273	$10.04	$9.32 - $10.64
Q2 2016	1,916,920	$58,834	$9.28	$7.95 - $10.28
Q1 2016	2,443,920	$66,377	$6.95	$4.60 - $9.02
Q4 2015	2,886,420	$62,794	$7.23	$5.97 - $8.20
Q3 2015	2,993,520	$58,031	$7.06	$5.87 - $8.44
Q2 2015	3,300,020	$89,608	$9.60	$8.34 - $10.61
Q1 2015	3,457,420	$105,975	$9.07	$7.99 - $9.96
Q4 2014	3,853,520	$119,506	$10.28	$8.12 - $11.89
Q3 2014	3,788,120	$147,484	$12.93	$11.67 - $14.11
Q2 2014	4,329,720	$199,302	$12.47	$11.51 - $13.96
Q1 2014	4,382,520	$168,233	$10.48	$9.45 - $11.57
Q4 2013	4,626,220	$156,486	$9.59	$9.05 - $10.15
Q3 2013	5,290,420	$166,603	$9.21	$8.24 - $9.97
Q2 2013	5,080,620	$142,794	$8.76	$8.00 - $9.57