Canadian Natural Resources Limited (TSE:CNQ - Get Free Report) (NYSE:CNQ) Senior Officer Calvin John Bast sold 10,000 shares of the business's stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of C$44.75, for a total transaction of C$447,500.00.
Calvin John Bast also recently made the following trade(s):
- On Thursday, March 13th, Calvin John Bast sold 7,500 shares of Canadian Natural Resources stock. The stock was sold at an average price of C$41.80, for a total value of C$313,500.00.
Canadian Natural Resources Stock Up 0.5 %
CNQ stock opened at C$44.69 on Thursday. The company has a market cap of C$93.79 billion, a PE ratio of 12.41, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89. The company has a quick ratio of 0.54, a current ratio of 0.84 and a debt-to-equity ratio of 25.79. Canadian Natural Resources Limited has a 52 week low of C$37.11 and a 52 week high of C$56.49. The business has a 50-day simple moving average of C$43.07 and a 200 day simple moving average of C$45.27.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the company. Evercore ISI raised Canadian Natural Resources from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 7th. Raymond James raised their price target on Canadian Natural Resources from C$51.00 to C$52.00 and gave the company a "market perform" rating in a report on Friday, March 7th. Royal Bank of Canada upped 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, March 7th. Jefferies Financial Group cut their price objective on shares of Canadian Natural Resources from C$54.00 to C$50.00 in a research report on Thursday, January 30th. Finally, Wells Fargo & Company decreased their target price on Canadian Natural Resources from C$50.00 to C$44.00 in a research report on Friday, March 7th. Five equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Canadian Natural Resources has an average rating of "Moderate Buy" and an average price target of C$68.53.
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About Canadian Natural Resources
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Canadian Natural Resources is one of the largest oil and natural gas producers in western Canada, supplemented by operations in the North Sea and Offshore Africa. The company's portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas. Production averaged 1.16 million barrels of oil equivalent per day in 2020, and the company estimates that it holds over 11.5 billion boe of proven and probable crude oil and natural gas reserves.
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