Canadian Natural Resources Limited (CNQ) Insider Sells C$156,826.00 in Stock
Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) insider Betty Yee sold 3,800 shares of the stock in a transaction that occurred on Friday, October 6th. The stock was sold at an average price of C$41.27, for a total value of C$156,826.00.
The business also recently declared a quarterly dividend, which was paid on Sunday, October 1st. Investors of record on Friday, September 15th were issued a dividend of $0.275 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $1.10 annualized dividend and a yield of 2.71%.
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CNQ has been the subject of several research reports. National Bank Financial raised their price target on shares of Canadian Natural Resources Limited from C$47.00 to C$49.00 and gave the stock an “outperform” rating in a research note on Friday, August 4th. Barclays PLC decreased their price target on shares of Canadian Natural Resources Limited from C$50.00 to C$34.00 in a research note on Thursday, July 6th. CIBC decreased their price target on shares of Canadian Natural Resources Limited from C$55.00 to C$50.00 in a research note on Thursday, July 20th. Finally, Canaccord Genuity raised their price target on shares of Canadian Natural Resources Limited from C$47.00 to C$48.00 in a research note on Wednesday, September 6th. Eight research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target 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.
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