Canadian Natural Resources Limited (CNQ) Insider Sells C$448,300.00 in Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) insider Kendall W. Stagg sold 10,000 shares of Canadian Natural Resources stock in a transaction dated Monday, December 4th. The stock was sold at an average price of C$44.83, for a total value of C$448,300.00.

Shares of Canadian Natural Resources Limited (CNQ) opened at C$44.85 on Friday. Canadian Natural Resources Limited has a 12 month low of C$35.90 and a 12 month high of C$47.00.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 1st. Stockholders of record on Tuesday, December 12th will be paid a $0.275 dividend. The ex-dividend date of this dividend is Monday, December 11th. This represents a $1.10 annualized dividend and a dividend yield of 2.45%. Canadian Natural Resources’s dividend payout ratio is currently 48.42%.

Several equities analysts recently issued reports on the company. J P Morgan Chase & Co boosted their price target on Canadian Natural Resources from C$47.00 to C$48.00 in a research note on Friday, November 3rd. BMO Capital Markets restated an “outperform” rating and set a C$54.00 price target on shares of Canadian Natural Resources in a research note on Wednesday, November 8th. GMP Securities boosted their price target on Canadian Natural Resources from C$52.00 to C$56.00 in a research note on Friday, November 3rd. Scotiabank boosted their price target on Canadian Natural Resources from C$45.00 to C$50.00 and gave the company an “outperform” rating in a research note on Wednesday, November 8th. Finally, Raymond James Financial boosted their price target on Canadian Natural Resources from C$49.00 to C$50.00 and gave the company an “outperform” rating in a research note on Wednesday, November 8th. Nine analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Canadian Natural Resources currently has a consensus rating of “Buy” and a consensus price target of C$50.31.

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Canadian Natural Resources Company Profile

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.

Insider Buying and Selling by Quarter for Canadian Natural Resources (TSE:CNQ)

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