Stephanie Ann Graham Sells 916 Shares of Canadian Natural Resources (TSE:CNQ) Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) insider Stephanie Ann Graham sold 916 shares of the company’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of C$49.66, for a total value of C$45,488.56. Following the transaction, the insider directly owned 16,367 shares in the company, valued at C$812,785.22. This represents a 5.30% decrease in their position.

Stephanie Ann Graham also recently made the following trade(s):

• On Monday, February 2nd, Stephanie Ann Graham sold 1,930 shares of Canadian Natural Resources stock. The stock was sold at an average price of C$49.19, for a total value of C$94,936.70.

Canadian Natural Resources Trading Down 0.4%

Shares of Canadian Natural Resources stock opened at C$58.00 on Monday. The stock has a market capitalization of C$120.82 billion, a P/E ratio of 18.30, a P/E/G ratio of 0.53 and a beta of 0.70. Canadian Natural Resources Limited has a 52-week low of C$34.92 and a 52-week high of C$59.08. The company has a debt-to-equity ratio of 25.79, a quick ratio of 0.54 and a current ratio of 0.84. The stock’s 50-day simple moving average is C$48.75 and its 200 day simple moving average is C$45.92.

Analyst Ratings Changes

A number of research analysts recently weighed in on CNQ shares. Desjardins set a C$52.00 price objective on shares of Canadian Natural Resources and gave the company a “hold” rating in a research note on Wednesday, December 17th. Morgan Stanley reduced their price target on Canadian Natural Resources from C$51.00 to C$50.00 in a research report on Friday, January 23rd. National Bank Financial boosted their price objective on Canadian Natural Resources from C$47.00 to C$54.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 3rd. Evercore downgraded Canadian Natural Resources from an “outperform” rating to a “hold” rating and set a C$50.00 target price for the company. in a research note on Tuesday, January 6th. Finally, TD Securities upped their price target on Canadian Natural Resources from C$53.00 to C$54.00 in a research report on Monday, November 10th. Three equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of C$54.40.

Canadian Natural Resources Company Profile

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.