Canadian Natural Resources Limited (TSE:CNQ - Get Free Report) (NYSE:CNQ) Director Stephen W. Laut acquired 414 shares of the stock in a transaction on Tuesday, April 2nd. The shares were purchased at an average price of C$105.70 per share, with a total value of C$43,760.71.
Stephen W. Laut also recently made the following trade(s):
- On Monday, March 11th, Stephen W. Laut sold 2,935 shares of Canadian Natural Resources stock. The shares were sold at an average price of C$97.20, for a total transaction of C$285,282.00.
- On Tuesday, February 6th, Stephen W. Laut sold 250 shares of Canadian Natural Resources stock. The stock was sold at an average price of C$82.23, for a total transaction of C$20,557.50.
Canadian Natural Resources Stock Performance
Shares of Canadian Natural Resources stock opened at C$108.53 on Friday. The stock has a market cap of C$116.13 billion, a price-to-earnings ratio of 14.53, a P/E/G ratio of 0.53 and a beta of 1.98. The company has a quick ratio of 0.54, a current ratio of 0.96 and a debt-to-equity ratio of 31.01. Canadian Natural Resources Limited has a twelve month low of C$69.83 and a twelve month high of C$108.74. The company's fifty day moving average is C$92.93 and its 200 day moving average is C$89.44.
Canadian Natural Resources (TSE:CNQ - Get Free Report) (NYSE:CNQ) last released its earnings results on Thursday, February 29th. The company reported C$2.34 earnings per share (EPS) for the quarter, beating the consensus estimate of C$2.14 by C$0.20. The business had revenue of C$9.55 billion for the quarter, compared to analyst estimates of C$9.04 billion. Canadian Natural Resources had a net margin of 22.89% and a return on equity of 21.11%. Sell-side analysts forecast that Canadian Natural Resources Limited will post 7.3588277 EPS for the current year.
Canadian Natural Resources Increases Dividend
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The company also recently announced a quarterly dividend, which will be paid on Friday, April 5th. Investors of record on Friday, March 15th will be issued a $1.05 dividend. This is a positive change from Canadian Natural Resources's previous quarterly dividend of $1.00. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $4.20 annualized dividend and a yield of 3.87%. Canadian Natural Resources's payout ratio is presently 51.54%.
Analyst Upgrades and Downgrades
CNQ has been the topic of a number of research reports. Desjardins decreased their target price on shares of Canadian Natural Resources from C$105.00 to C$97.00 and set a "buy" rating on the stock in a research note on Tuesday, January 23rd. Jefferies Financial Group decreased their target price on shares of Canadian Natural Resources from C$98.00 to C$96.00 and set a "hold" rating on the stock in a research note on Monday, December 18th. CIBC boosted their target price on shares of Canadian Natural Resources from C$95.00 to C$105.00 and gave the stock an "outperform" rating in a research note on Friday, March 22nd. JPMorgan Chase & Co. boosted their target price on shares of Canadian Natural Resources from C$102.00 to C$106.00 in a research note on Monday, March 4th. Finally, National Bankshares boosted their target price on shares of Canadian Natural Resources from C$90.00 to C$94.00 and gave the stock a "sector perform" rating in a research note on Friday, March 1st. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of C$100.75.
Read Our Latest Stock Report on CNQ
Canadian Natural Resources Company Profile
(
Get Free Report)
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).
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