Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) insider Ronald Keith Laing bought 2,650 shares of the stock in a transaction on Thursday, January 18th. The stock was purchased at an average cost of C$45.25 per share, for a total transaction of C$119,912.50.
Ronald Keith Laing also recently made the following trade(s):
- On Friday, January 12th, Ronald Keith Laing sold 12,500 shares of Canadian Natural Resources stock. The shares were sold at an average price of C$45.93, for a total value of C$574,125.00.
Shares of Canadian Natural Resources Limited (TSE CNQ) opened at C$45.18 on Friday. The company has a market capitalization of $55,040.00, a price-to-earnings ratio of 20.35 and a beta of 1.07. Canadian Natural Resources Limited has a 52 week low of C$35.90 and a 52 week high of C$47.00.
Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) last posted its quarterly earnings data on Thursday, November 2nd. The company reported C$0.09 EPS for the quarter, missing analysts’ consensus estimates of C$0.14 by C($0.05). Canadian Natural Resources had a net margin of 15.95% and a return on equity of 8.80%.
The business also recently disclosed a quarterly dividend, which was paid on Monday, January 1st. Investors of record on Tuesday, December 12th were paid a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date was Monday, December 11th. Canadian Natural Resources’s payout ratio is currently 48.42%.
Several research firms have weighed in on CNQ. BMO Capital Markets reissued an “outperform” rating and issued a C$54.00 target price on shares of Canadian Natural Resources in a report on Wednesday, November 8th. JPMorgan Chase & Co. upped their target price on Canadian Natural Resources from C$47.00 to C$48.00 in a report on Friday, November 3rd. Scotiabank upped their target price on Canadian Natural Resources from C$45.00 to C$50.00 and gave the company an “outperform” rating in a report on Wednesday, November 8th. GMP Securities upped their target price on Canadian Natural Resources from C$52.00 to C$56.00 in a report on Friday, November 3rd. Finally, TD Securities upped their target price on Canadian Natural Resources from C$51.00 to C$52.00 and gave the company a “buy” rating in a report on Thursday, November 9th. Nine analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of C$52.86.
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About Canadian Natural Resources
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.
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