Insider Selling: Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Sells 81,000 Shares of Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Senior Officer Mark Allen Stainthorpe sold 81,000 shares of Canadian Natural Resources stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of C$44.98, for a total value of C$3,643,380.00.

Canadian Natural Resources Trading Up 1.5 %

Shares of TSE CNQ opened at C$45.01 on Friday. The company has a quick ratio of 0.54, a current ratio of 0.88 and a debt-to-equity ratio of 29.64. The business has a fifty day simple moving average of C$45.80 and a two-hundred day simple moving average of C$47.16. The firm has a market cap of C$95.87 billion, a PE ratio of 12.82, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89. Canadian Natural Resources Limited has a twelve month low of C$40.02 and a twelve month high of C$56.49.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on CNQ shares. National Bankshares raised their price target on Canadian Natural Resources from C$52.00 to C$53.00 and gave the company a “sector perform” rating in a report on Tuesday, October 8th. TD Securities set a C$58.00 price target on Canadian Natural Resources and gave the company a “buy” rating in a report on Tuesday, December 3rd. Jefferies Financial Group raised their price target on Canadian Natural Resources from C$49.00 to C$57.00 in a report on Friday, October 11th. Raymond James raised their price target on Canadian Natural Resources from C$50.00 to C$51.00 and gave the company a “market perform” rating in a report on Friday, November 1st. Finally, Royal Bank of Canada cut their price target on Canadian Natural Resources from C$63.00 to C$62.00 in a report on Tuesday. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$71.88.

Canadian Natural Resources Company Profile

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells 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 (thermal oil), and synthetic crude oil (SCO).