Canadian Natural Resources Limited (CNQ) Insider Sells C$802,980.00 in Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) insider Corey B. Bieber sold 18,000 shares of the business’s stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of C$44.61, for a total transaction of C$802,980.00.

Shares of Canadian Natural Resources Limited (TSE:CNQ) opened at C$42.97 on Friday. Canadian Natural Resources Limited has a one year low of C$35.90 and a one year high of C$47.00.

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 1st. Shareholders of record on Tuesday, December 12th will be paid a dividend of $0.275 per share. The ex-dividend date of this dividend is Monday, December 11th. This represents a $1.10 dividend on an annualized basis and a yield of 2.56%. Canadian Natural Resources’s dividend payout ratio (DPR) is presently 48.42%.

Several analysts recently issued reports on the stock. TD Securities boosted their price objective on shares of Canadian Natural Resources from C$51.00 to C$52.00 and gave the company a “buy” rating in a report on Thursday, November 9th. Scotiabank boosted their price objective on shares of Canadian Natural Resources from C$45.00 to C$50.00 and gave the company an “outperform” rating in a report on Wednesday, November 8th. Raymond James Financial boosted their price objective on shares of Canadian Natural Resources from C$49.00 to C$50.00 and gave the company an “outperform” rating in a report on Wednesday, November 8th. BMO Capital Markets restated an “outperform” rating and issued a C$54.00 price objective on shares of Canadian Natural Resources in a report on Wednesday, November 8th. Finally, GMP Securities boosted their price objective on shares of Canadian Natural Resources from C$52.00 to C$56.00 in a report on Friday, November 3rd. Eight equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of C$50.50.

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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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