Insider Selling: Canadian Natural Resources Limited (TSE:CNQ) Director Sells 3,180 Shares of Stock

Canadian Natural Resources Limited (TSE:CNQ - Get Free Report) NYSE: CNQ Director Stephen W. Laut sold 3,180 shares of the company's stock in a transaction that occurred on Thursday, February 6th. The stock was 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 bought 942 shares of Canadian Natural Resources stock. The shares were purchased at an average cost 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 transaction of C$301,056.00.

Canadian Natural Resources Stock Up 0.7 %

TSE:CNQ traded up C$0.30 during mid-day trading on Thursday, reaching C$43.20. The stock had a trading volume of 1,996,198 shares, compared to its average volume of 6,420,328. The company has a debt-to-equity ratio of 25.79, a current ratio of 0.84 and a quick ratio of 0.54. The stock has a market cap of C$90.66 billion, a P/E ratio of 11.99, a PEG ratio of 0.53 and a beta of 1.89. The business's 50 day moving average is C$44.72 and its 200 day moving average is C$46.56. Canadian Natural Resources Limited has a fifty-two week low of C$40.36 and a fifty-two week high of C$56.49.

Analyst Ratings Changes

CNQ has been the subject of several research reports. Tudor Pickering lowered Canadian Natural Resources from a "strong-buy" rating to a "hold" rating in a research note on Monday. Royal Bank of Canada dropped their price target on Canadian Natural Resources from C$63.00 to C$62.00 in a research note on Tuesday, January 14th. BMO Capital Markets reduced their price objective on shares of Canadian Natural Resources from C$60.00 to C$58.00 in a research note on Friday, December 13th. Raymond James lifted their target price on shares of Canadian Natural Resources from C$50.00 to C$51.00 and gave the stock a "market perform" rating in a research report on Friday, November 1st. Finally, 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. Seven 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, Canadian Natural Resources has an average 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).