Canadian Natural Resources (TSE:CNQ) Insider Stephanie Ann Graham Sells 916 Shares of Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) insider Stephanie Ann Graham sold 916 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of C$49.66, for a total value of C$45,488.56. Following the completion of the sale, the insider owned 16,367 shares in the company, valued at C$812,785.22. The trade was a 5.30% decrease in their ownership of the stock.

Stephanie Ann Graham also recently made the following trade(s):

• On Monday, February 2nd, Stephanie Ann Graham sold 1,930 shares of Canadian Natural Resources stock. The shares were sold at an average price of C$49.19, for a total transaction of C$94,936.70.

Canadian Natural Resources Stock Down 0.4%

Shares of TSE CNQ opened at C$58.00 on Friday. The company’s 50 day moving average price is C$48.75 and its 200-day moving average price is C$45.90. The company has a debt-to-equity ratio of 25.79, a quick ratio of 0.54 and a current ratio of 0.84. Canadian Natural Resources Limited has a 52-week low of C$34.92 and a 52-week high of C$59.08. The company has a market capitalization of C$120.82 billion, a P/E ratio of 18.30, a price-to-earnings-growth ratio of 0.53 and a beta of 0.70.

Analyst Ratings Changes

A number of analysts have commented on the stock. Gerdes Energy Research cut shares of Canadian Natural Resources from a “buy” rating to a “neutral” rating in a research report on Thursday, February 12th. Royal Bank Of Canada cut their target price on Canadian Natural Resources from C$62.00 to C$61.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 13th. Desjardins set a C$52.00 target price on Canadian Natural Resources and gave the stock a “hold” rating in a report on Wednesday, December 17th. Morgan Stanley dropped their price target on Canadian Natural Resources from C$51.00 to C$50.00 in a research note on Friday, January 23rd. Finally, Evercore downgraded shares of Canadian Natural Resources from an “outperform” rating to a “hold” rating and set a C$50.00 price objective for the company. in a research report on Tuesday, January 6th. Three equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Canadian Natural Resources currently has a consensus rating of “Hold” and a consensus target price of C$54.40.

Canadian Natural Resources Company Profile

Canadian Natural Resources is one of the largest oil and natural gas producers in western Canada, supplemented by operations in the North Sea and Offshore Africa. The company’s portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas. Production averaged 1.16 million barrels of oil equivalent per day in 2020, and the company estimates that it holds over 11.5 billion boe of proven and probable crude oil and natural gas reserves.