Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Devin Craig Lowe Sells 7,500 Shares

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Senior Officer Devin Craig Lowe sold 7,500 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of C$46.37, for a total transaction of C$347,775.00.

Canadian Natural Resources Stock Performance

CNQ opened at C$46.99 on Thursday. The stock’s 50 day simple moving average is C$46.04 and its 200 day simple moving average is C$47.25. The stock has a market cap of C$100.09 billion, a P/E ratio of 13.39, a P/E/G 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 company has a debt-to-equity ratio of 29.64, a current ratio of 0.88 and a quick ratio of 0.54.

Wall Street Analyst Weigh In

CNQ has been the subject of several analyst reports. BMO Capital Markets reduced their price objective on Canadian Natural Resources from C$60.00 to C$58.00 in a research note on Friday, December 13th. TD Securities set a C$58.00 price target on Canadian Natural Resources and gave the stock a “buy” rating in a report on Tuesday, December 3rd. National Bankshares boosted their price objective 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 note on Tuesday, October 8th. Gerdes Energy Research upgraded shares of Canadian Natural Resources from a “neutral” rating to a “buy” rating in a research note on Monday, December 16th. Finally, CIBC boosted their price target on shares of Canadian Natural Resources from C$57.50 to C$59.00 in a research note on Wednesday, October 9th. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average 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).