Canadian Natural Resources Limited (TSE:CNQ) Director Sells C$139,761.00 in Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Director Stephen W. Laut sold 3,180 shares of the business’s stock in a transaction on Thursday, February 6th. The shares were sold at an average price of C$43.95, for a total value of C$139,761.00.

Stephen W. Laut also recently made the following trade(s):

• On Monday, January 6th, Stephen W. Laut acquired 942 shares of Canadian Natural Resources stock. The stock was purchased at an average cost of C$46.46 per share, with a total value of C$43,765.32.
• On Tuesday, November 19th, Stephen W. Laut sold 6,400 shares of Canadian Natural Resources stock. The shares were sold at an average price of C$47.04, for a total value of C$301,056.00.

Canadian Natural Resources Price Performance

CNQ traded up C$0.34 during trading on Monday, hitting C$43.76. 1,593,865 shares of the company traded hands, compared to its average volume of 6,502,607. The company has a market cap of C$93.21 billion, a PE ratio of 12.47, a P/E/G ratio of 0.53 and a beta of 1.89. The stock’s 50-day simple moving average is C$44.94 and its two-hundred day simple moving average is C$46.64. The company has a current ratio of 0.88, a quick ratio of 0.54 and a debt-to-equity ratio of 29.64. Canadian Natural Resources Limited has a 1 year low of C$40.02 and a 1 year high of C$56.49.

Analyst Upgrades and Downgrades

A number of research firms recently commented on CNQ. Royal Bank of Canada dropped their target price on shares of Canadian Natural Resources from C$63.00 to C$62.00 in a report on Tuesday, January 14th. Gerdes Energy Research raised Canadian Natural Resources from a “neutral” rating to a “buy” rating in a report on Monday, December 16th. Jefferies Financial Group lowered their price target on Canadian Natural Resources from C$54.00 to C$50.00 in a research note on Thursday, January 30th. BMO Capital Markets lowered their price target on shares of Canadian Natural Resources from C$60.00 to C$58.00 in a research note on Friday, December 13th. Finally, TD Securities set a C$58.00 target price on shares of Canadian Natural Resources and gave the company a “buy” rating in a research report on Tuesday, December 3rd. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of C$71.44.

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).