Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Victor Clinton Darel Sells 2,252 Shares

Canadian Natural Resources Limited (TSE:CNQ - Get Free Report) NYSE: CNQ Senior Officer Victor Clinton Darel sold 2,252 shares of the firm's stock in a transaction on Friday, December 27th. The stock was sold at an average price of C$43.68, for a total transaction of C$98,367.36.

Canadian Natural Resources Stock Performance

Shares of CNQ traded down C$0.05 during mid-day trading on Monday, reaching C$43.43. The company's stock had a trading volume of 3,841,155 shares, compared to its average volume of 12,035,455. The company has a current ratio of 0.88, a quick ratio of 0.54 and a debt-to-equity ratio of 29.64. The stock has a market cap of C$92.51 billion, a P/E ratio of 12.37, a PEG ratio of 0.53 and a beta of 1.89. Canadian Natural Resources Limited has a 1-year low of C$40.02 and a 1-year high of C$56.49. The business has a 50-day simple moving average of C$46.43 and a two-hundred day simple moving average of C$47.68.

Canadian Natural Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 13th will be given a dividend of $0.525 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $2.10 dividend on an annualized basis and a yield of 4.84%. Canadian Natural Resources's dividend payout ratio (DPR) is 60.97%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CNQ. Wells Fargo & Company upped their price objective on Canadian Natural Resources from C$48.00 to C$50.00 in a research report on Monday, December 9th. Jefferies Financial Group upped their price target on Canadian Natural Resources from C$49.00 to C$57.00 in a research report on Friday, October 11th. Gerdes Energy Research raised shares of Canadian Natural Resources from a "neutral" rating to a "buy" rating in a research report on Monday, December 16th. National Bankshares raised their target price on shares of Canadian Natural Resources from C$52.00 to C$53.00 and gave the company a "sector perform" rating in a research report on Tuesday, October 8th. Finally, Royal Bank of Canada lifted their price target on shares of Canadian Natural Resources from C$62.00 to C$63.00 and gave the company an "outperform" rating in a research note on Friday, November 1st. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of C$71.94.

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).