Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) insider Ronald Keith Laing sold 12,500 shares of the company’s stock in a transaction on Friday, January 12th. The shares were sold at an average price of C$45.93, for a total value of C$574,125.00.

Ronald Keith Laing also recently made the following trade(s):

  • On Thursday, January 18th, Ronald Keith Laing acquired 2,650 shares of Canadian Natural Resources stock. The stock was acquired at an average cost of C$45.25 per share, for a total transaction of C$119,912.50.

Shares of Canadian Natural Resources Limited (TSE:CNQ) traded down C$0.87 during mid-day trading on Friday, reaching C$45.05. The company had a trading volume of 2,197,539 shares, compared to its average volume of 1,900,536. Canadian Natural Resources Limited has a 12 month low of C$35.90 and a 12 month high of C$47.00. The company has a market capitalization of $54,990.00, a P/E ratio of 20.29 and a beta of 1.07.

Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) last issued its quarterly earnings data on Thursday, November 2nd. The company reported C$0.09 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.14 by C($0.05). Canadian Natural Resources had a net margin of 15.95% and a return on equity of 8.80%.

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 1st. Investors of record on Tuesday, December 12th were given a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date of this dividend was Monday, December 11th. Canadian Natural Resources’s payout ratio is currently 48.42%.

A number of equities analysts have recently issued reports on the company. Eight Capital set a C$60.00 price target on Canadian Natural Resources and gave the stock a “buy” rating in a research report on Thursday, January 11th. Wells Fargo & Co increased their price target on Canadian Natural Resources from C$52.00 to C$59.00 in a research report on Thursday, January 11th. National Bank Financial increased their price target on Canadian Natural Resources from C$52.00 to C$64.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 9th. Barclays increased their price target on Canadian Natural Resources from C$41.00 to C$44.00 in a research report on Thursday, December 21st. Finally, TD Securities increased their price target on Canadian Natural Resources from C$51.00 to C$52.00 and gave the stock a “buy” rating in a research report on Thursday, November 9th. Nine research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Canadian Natural Resources currently has a consensus rating of “Buy” and an average price target of C$52.86.

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Canadian Natural Resources Company Profile

Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company’s segments include Exploration and Production, Oil Sands Mining and Upgrading, and Midstream. The Exploration and Production segment includes exploration, development, production and marketing of crude oil, natural gas liquids (NGLs) and natural gas.

Insider Buying and Selling by Quarter for Canadian Natural Resources (TSE:CNQ)

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