Canadian Natural Resources Limited (TSE:CNQ) Director Stephen W. Laut Sells 3,180 Shares

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Director Stephen W. Laut sold 3,180 shares of the firm’s stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of C$43.95, for a total transaction of C$139,761.00.

Stephen W. Laut also recently made the following trade(s):

• On Monday, January 6th, Stephen W. Laut bought 942 shares of Canadian Natural Resources stock. The stock was purchased at an average cost of C$46.46 per share, for a total transaction of C$43,765.32.
• On Tuesday, November 19th, Stephen W. Laut sold 6,400 shares of Canadian Natural Resources stock. The stock was sold at an average price of C$47.04, for a total transaction of C$301,056.00.

Canadian Natural Resources Stock Performance

Shares of TSE:CNQ traded up C$0.34 during midday trading on Monday, reaching C$43.76. 1,593,865 shares of the company traded hands, compared to its average volume of 6,502,607. The firm has a market capitalization of C$93.21 billion, a price-to-earnings ratio of 12.47, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89. Canadian Natural Resources Limited has a 12 month low of C$40.02 and a 12 month high of C$56.49. The firm’s fifty day moving average price is C$44.94 and its two-hundred day moving average price is C$46.64. The company has a quick ratio of 0.54, a current ratio of 0.88 and a debt-to-equity ratio of 29.64.

Wall Street Analysts Forecast Growth

CNQ has been the topic of several recent research reports. Royal Bank of Canada decreased their price objective on Canadian Natural Resources from C$63.00 to C$62.00 in a report on Tuesday, January 14th. Wells Fargo & Company boosted their target price on shares of Canadian Natural Resources from C$48.00 to C$50.00 in a research note on Monday, December 9th. Gerdes Energy Research raised shares of Canadian Natural Resources from a “neutral” rating to a “buy” rating in a research note on Monday, December 16th. TD Securities set a C$58.00 target price on shares of Canadian Natural Resources and gave the company a “buy” rating in a research note on Tuesday, December 3rd. Finally, Jefferies Financial Group cut their price target on shares of Canadian Natural Resources from C$54.00 to C$50.00 in a research note on Thursday, January 30th. Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, Canadian Natural Resources currently has an average rating of “Moderate Buy” and a consensus price target of C$71.44.

Canadian Natural Resources Company Profile

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).