Insider Selling: Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Sells 7,500 Shares of Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Senior Officer Devin Craig Lowe sold 7,500 shares of the business’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of C$44.91, for a total transaction of C$336,795.00.

Devin Craig Lowe also recently made the following trade(s):

• On Monday, January 6th, Devin Craig Lowe sold 7,500 shares of Canadian Natural Resources stock. The shares were sold at an average price of C$46.37, for a total transaction of C$347,775.00.

Canadian Natural Resources Price Performance

Canadian Natural Resources stock traded up C$0.54 during mid-day trading on Thursday, hitting C$44.80. 7,219,467 shares of the company were exchanged, compared to its average volume of 7,073,194. The company has a market capitalization of C$95.42 billion, a PE ratio of 12.76, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89. The business has a fifty day moving average of C$45.42 and a 200 day moving average of C$46.91. Canadian Natural Resources Limited has a 1-year low of C$40.02 and a 1-year high of C$56.49. The company has a quick ratio of 0.54, a current ratio of 0.88 and a debt-to-equity ratio of 29.64.

Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) last released its quarterly earnings results on Thursday, October 31st. The company reported C$0.97 EPS for the quarter, beating analysts’ consensus estimates of C$0.92 by C$0.05. Canadian Natural Resources had a net margin of 20.88% and a return on equity of 19.65%. During the same period last year, the firm earned $1.29 EPS. As a group, sell-side analysts expect that Canadian Natural Resources Limited will post 3.833989 earnings per share for the current year.

Analyst Upgrades and Downgrades

CNQ has been the topic of several recent research reports. Wells Fargo & Company raised their target price on Canadian Natural Resources from C$48.00 to C$50.00 in a report on Monday, December 9th. National Bankshares boosted their target price on Canadian Natural Resources from C$52.00 to C$53.00 and gave the stock a “sector perform” rating in a report on Tuesday, October 8th. ATB Capital increased their price target on Canadian Natural Resources from C$58.00 to C$60.00 and gave the company an “outperform” rating in a report on Tuesday, October 8th. TD Securities set a C$58.00 price target on shares of Canadian Natural Resources and gave the company a “buy” rating in a research report on Tuesday, December 3rd. Finally, CIBC upped their price objective on shares of Canadian Natural Resources from C$57.50 to C$59.00 in a report on Wednesday, October 9th. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus 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).