Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Sells C$336,795.00 in Stock

Canadian Natural Resources Limited (TSE:CNQ - Get Free Report) NYSE: CNQ Senior Officer Devin Craig Lowe sold 7,500 shares of the stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of C$44.91, for a total value 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 value of C$347,775.00.

Canadian Natural Resources Stock Down 1.0 %

CNQ stock traded down C$0.42 during trading on Monday, reaching C$43.73. 6,657,604 shares of the stock were exchanged, compared to its average volume of 7,041,350. 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 firm's 50 day moving average is C$45.26 and its 200 day moving average is C$46.82. The firm has a market cap of C$93.14 billion, a P/E ratio of 12.46, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89. Canadian Natural Resources Limited has a twelve month low of C$40.02 and a twelve month high of C$56.49.

Canadian Natural Resources (TSE:CNQ - Get Free Report) NYSE: CNQ last issued its quarterly earnings data on Thursday, October 31st. The company reported C$0.97 EPS for the quarter, topping analysts' consensus estimates of C$0.92 by C$0.05. Canadian Natural Resources had a return on equity of 19.65% and a net margin of 20.88%. During the same quarter last year, the company posted $1.29 earnings per share. As a group, research analysts forecast that Canadian Natural Resources Limited will post 3.833989 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on CNQ shares. CIBC upped their price objective on Canadian Natural Resources from C$57.50 to C$59.00 in a research note on Wednesday, October 9th. Desjardins upgraded Canadian Natural Resources from a "hold" rating to a "buy" rating and upped their price objective for the company from C$56.00 to C$59.00 in a research note on Tuesday, October 8th. Jefferies Financial Group lowered their target price on Canadian Natural Resources from C$54.00 to C$50.00 in a research note on Thursday. Royal Bank of Canada lowered their target price on Canadian Natural Resources from C$63.00 to C$62.00 in a research note on Tuesday, January 14th. Finally, Raymond James increased their target price on Canadian Natural Resources from C$50.00 to C$51.00 and gave the stock a "market perform" rating in a research note on Friday, November 1st. Six research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus 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).