Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) insider Réal Michel Cusson purchased 22,500 shares of the business’s stock in a transaction dated Monday, September 25th. The shares were purchased at an average cost of C$28.74 per share, with a total value of C$646,650.00.

Shares of Canadian Natural Resources Limited (CNQ) opened at 42.77 on Thursday. The stock has a market cap of $51.97 billion and a PE ratio of 30.73. The stock’s 50 day moving average price is $39.31 and its 200-day moving average price is $40.47. Canadian Natural Resources Limited has a one year low of $35.90 and a one year high of $46.74.

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, October 1st. Investors of record on Friday, September 15th will be paid a $0.275 dividend. This represents a $1.10 annualized dividend and a yield of 2.61%. The ex-dividend date of this dividend is Thursday, September 14th.

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A number of research firms recently commented on CNQ. National Bank Financial lifted their price objective on Canadian Natural Resources Limited from C$47.00 to C$49.00 and gave the stock an “outperform” rating in a research report on Friday, August 4th. Barclays PLC dropped their price objective on Canadian Natural Resources Limited from C$50.00 to C$34.00 in a research report on Thursday, July 6th. Royal Bank Of Canada reiterated a “top pick” rating and set a C$59.00 price objective on shares of Canadian Natural Resources Limited in a research report on Monday, June 5th. CIBC dropped their price objective on Canadian Natural Resources Limited from C$55.00 to C$50.00 in a research report on Thursday, July 20th. Finally, Canaccord Genuity lifted their price objective on Canadian Natural Resources Limited from C$47.00 to C$48.00 in a research report on Wednesday, September 6th. Eight analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Canadian Natural Resources Limited currently has a consensus rating of “Buy” and an average target price of C$50.50.

Canadian Natural Resources Limited Company Profile

Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company’s segments include Exploration and Production, Oil Sands Mining and Upgrading, and Midstream. The Exploration and Production segment includes exploration, development, production and marketing of crude oil, natural gas liquids (NGLs) and natural gas.

Insider Buying and Selling by Quarter for Canadian Natural Resources Limited (TSE:CNQ)

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