Key Points
- Stephanie Ann Graham sold 916 shares on Jan 27 at C$49.66 and 1,930 shares on Feb 2 at C$49.19 (roughly C$140,425 total), reducing her stake to 16,367 shares — a 5.30% decrease valued at C$812,785.22.
- Canadian Natural Resources (TSE:CNQ) has a market cap of C$120.82 billion and a P/E of 18.3, and the stock carries a consensus analyst rating of "Hold" with an average price target of C$54.40 after several recent downgrades and target cuts.
Canadian Natural Resources Limited (TSE:CNQ - Get Free Report) (NYSE:CNQ) insider Stephanie Ann Graham sold 916 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the insider 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%
TSE CNQ opened at C$58.00 on Friday. The firm has a market capitalization of C$120.82 billion, a P/E ratio of 18.30, a PEG ratio of 0.53 and a beta of 0.70. The business has a fifty day simple moving average of C$48.75 and a 200 day simple moving average of C$45.90. Canadian Natural Resources Limited has a 12 month low of C$34.92 and a 12 month high of C$59.08. The company has a current ratio of 0.84, a quick ratio of 0.54 and a debt-to-equity ratio of 25.79.
Analyst Ratings Changes
A number of research analysts recently weighed in on the stock. Desjardins set a C$52.00 price target on shares of Canadian Natural Resources and gave the company a "hold" rating in a research report on Wednesday, December 17th. Raymond James Financial boosted their target price on Canadian Natural Resources from C$55.00 to C$56.00 in a research note on Monday, November 10th. Evercore lowered Canadian Natural Resources from an "outperform" rating to a "hold" rating and set a C$50.00 target price for the company. in a report on Tuesday, January 6th. Morgan Stanley dropped their price target on Canadian Natural Resources from C$51.00 to C$50.00 in a report on Friday, January 23rd. Finally, Gerdes Energy Research cut Canadian Natural Resources from a "buy" rating to a "neutral" rating in a research report on Thursday, February 12th. Three investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of C$54.40.
View Our Latest Research Report on Canadian Natural Resources
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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