Canadian Natural Resources Ltd (TSE:CNQ) (NYSE:CNQ) Senior Officer Michel Cusson Réal sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of C$42.18, for a total transaction of C$210,900.00. Following the transaction, the insider now owns 687,502 shares of the company’s stock, valued at approximately C$28,998,834.36.

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

  • On Wednesday, December 18th, Michel Cusson Réal sold 5,000 shares of Canadian Natural Resources stock. The shares were sold at an average price of C$40.71, for a total transaction of C$203,550.00.
  • On Monday, December 9th, Michel Cusson Réal acquired 5,000 shares of Canadian Natural Resources stock. The shares were purchased at an average price of C$28.85 per share, with a total value of C$144,250.00.

Canadian Natural Resources stock opened at C$41.57 on Thursday. The stock has a market capitalization of $48.95 billion and a PE ratio of 12.32. Canadian Natural Resources Ltd has a twelve month low of C$30.01 and a twelve month high of C$42.57. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 69.97. The company has a 50 day moving average of C$40.34 and a 200-day moving average of C$35.54.

Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) last released its quarterly earnings results on Thursday, November 7th. The company reported C$1.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.79 by C$0.24. The company had revenue of C$6.16 billion during the quarter, compared to analyst estimates of C$5.92 billion. Equities analysts anticipate that Canadian Natural Resources Ltd will post 2.82 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 1st. Stockholders of record on Wednesday, December 11th were issued a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 3.61%. The ex-dividend date of this dividend was Tuesday, December 10th. Canadian Natural Resources’s dividend payout ratio (DPR) is presently 43.27%.

A number of research analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Canadian Natural Resources from C$44.00 to C$45.00 and gave the company a “sector perform” rating in a report on Friday, December 13th. Evercore decreased their price objective on shares of Canadian Natural Resources from C$48.00 to C$42.00 in a report on Thursday, October 10th. CIBC boosted their price objective on shares of Canadian Natural Resources from C$46.00 to C$48.00 in a report on Tuesday, November 12th. Scotiabank boosted their price objective on shares of Canadian Natural Resources from C$45.00 to C$47.00 in a report on Tuesday. Finally, Canaccord Genuity boosted their price objective on shares of Canadian Natural Resources from C$45.00 to C$46.00 in a report on Tuesday. One analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company. Canadian Natural Resources has a consensus rating of “Buy” and a consensus price target of C$45.06.

Canadian Natural Resources Company Profile

Canadian Natural Resources Limited explores for, develops, produces, and markets crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen, and synthetic crude oil (SCO). Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose.

See Also: Outstanding Shares, Buying and Selling Stocks

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

Receive News & Ratings for Canadian Natural Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Natural Resources and related companies with MarketBeat.com's FREE daily email newsletter.