The Insider Selling: Canadian Natural Resources Limited (CNQ) Insider Sells 3,000 Shares of Stock

The Insider Selling: Canadian Natural Resources Limited (CNQ) Insider Sells 3,000 Shares of Stock

Canadian Natural Resources Limited (TSE:CNQ) opened at 38.94 on Monday. The firm has a market cap of $43.50 billion and a P/E ratio of 295.00. Canadian Natural Resources Limited has a 12-month low of $36.26 and a 12-month high of $46.74. The stock’s 50 day moving average is $42.30 and its 200 day moving average is $42.20.

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) insider Darren Fichter sold 3,000 shares of Canadian Natural Resources Limited stock in a transaction on Thursday, May 11th. The stock was sold at an average price of C$43.14, for a total transaction of C$129,420.00.

The business also recently announced a quarterly dividend, which will be paid on Saturday, July 1st. Stockholders of record on Friday, June 16th will be issued a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.82%.

A number of research firms recently weighed in on CNQ. Barclays PLC lowered their price objective on shares of Canadian Natural Resources Limited from C$52.00 to C$50.00 in a research note on Wednesday, April 19th. Royal Bank of Canada upped their price objective on shares of Canadian Natural Resources Limited from C$55.00 to C$60.00 and gave the stock a “top pick” rating in a research note on Friday, March 10th. Scotiabank reaffirmed an “outperform” rating and issued a C$45.00 price objective on shares of Canadian Natural Resources Limited in a research note on Friday, March 3rd. BMO Capital Markets upped their price objective on shares of Canadian Natural Resources Limited from C$52.00 to C$57.00 in a research note on Friday, March 10th. Finally, Raymond James Financial, Inc. upped their price objective on shares of Canadian Natural Resources Limited from C$51.00 to C$53.00 and gave the stock an “outperform” rating in a research note on Friday, March 10th. Six equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of C$50.29.

About Canadian Natural Resources Limited 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:CNQ”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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