Stephen W. Laut Sells 3,180 Shares of Canadian Natural Resources Limited (TSE:CNQ) 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 dated 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 purchased 942 shares of Canadian Natural Resources stock. The shares were purchased at an average price of C$46.46 per share, for a total transaction 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 Stock Performance

TSE CNQ opened at C$44.18 on Wednesday. The stock has a 50-day moving average of C$44.87 and a 200 day moving average of C$46.62. Canadian Natural Resources Limited has a twelve month low of C$40.02 and a twelve month high of C$56.49. The stock has a market capitalization of C$94.10 billion, a price-to-earnings ratio of 12.59, a PEG ratio of 0.53 and a beta of 1.89. The company has a current ratio of 0.88, a quick ratio of 0.54 and a debt-to-equity ratio of 29.64.

Analyst Ratings Changes

CNQ has been the topic of several research analyst reports. TD Securities set a C$58.00 price target on Canadian Natural Resources and gave the company a “buy” rating in a research note on Tuesday, December 3rd. Wells Fargo & Company boosted their price objective on Canadian Natural Resources from C$48.00 to C$50.00 in a report on Monday, December 9th. BMO Capital Markets decreased their price objective on Canadian Natural Resources from C$60.00 to C$58.00 in a report on Friday, December 13th. Jefferies Financial Group decreased their price objective on Canadian Natural Resources from C$54.00 to C$50.00 in a report on Thursday, January 30th. Finally, Gerdes Energy Research raised Canadian Natural Resources from a “neutral” rating to a “buy” rating in a report on Monday, December 16th. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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).