Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) insider Réal Michel Cusson purchased 25,000 shares of the business’s stock in a transaction on Friday, December 1st. The shares were bought at an average price of C$28.06 per share, with a total value of C$701,500.00.

Réal Michel Cusson also recently made the following trade(s):

  • On Thursday, November 9th, Réal Michel Cusson bought 12,500 shares of Canadian Natural Resources stock. The shares were purchased at an average cost of C$28.74 per share, for a total transaction of C$359,250.00.
  • On Tuesday, October 3rd, Réal Michel Cusson bought 15,000 shares of Canadian Natural Resources stock. The shares were purchased at an average cost of C$28.74 per share, for a total transaction of C$431,100.00.
  • On Monday, September 25th, Réal Michel Cusson bought 22,500 shares of Canadian Natural Resources stock. The shares were purchased at an average cost of C$28.74 per share, for a total transaction of C$646,650.00.

Shares of Canadian Natural Resources Limited (TSE CNQ) traded up C$0.97 during mid-day trading on Friday, hitting C$43.76. 4,231,850 shares of the stock traded hands, compared to its average volume of 2,385,502. Canadian Natural Resources Limited has a 12-month low of C$35.90 and a 12-month high of C$47.00.

The business also recently announced a quarterly dividend, which will be paid on Monday, January 1st. Investors of record on Tuesday, December 12th will be paid a dividend of $0.275 per share. The ex-dividend date is Monday, December 11th. This represents a $1.10 annualized dividend and a yield of 2.51%. Canadian Natural Resources’s payout ratio is 48.42%.

A number of equities research analysts recently commented on CNQ shares. National Bank Financial lifted their price target on shares of Canadian Natural Resources from C$47.00 to C$49.00 and gave the stock an “outperform” rating in a report on Friday, August 4th. BMO Capital Markets reiterated an “outperform” rating and issued a C$54.00 price objective on shares of Canadian Natural Resources in a research note on Wednesday, November 8th. J P Morgan Chase & Co lifted their price objective on shares of Canadian Natural Resources from C$47.00 to C$48.00 in a research note on Friday, November 3rd. Scotiabank boosted their price target on shares of Canadian Natural Resources from C$45.00 to C$50.00 and gave the company an “outperform” rating in a research report on Wednesday, November 8th. Finally, GMP Securities upped their target price on shares of Canadian Natural Resources from C$52.00 to C$56.00 in a research report on Friday, November 3rd. Nine analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Canadian Natural Resources presently has an average rating of “Buy” and a consensus price target of C$50.14.

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About Canadian Natural Resources

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 (TSE:CNQ)

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