Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Kyle Grayson Pisio Sells 4,912 Shares

Canadian Natural Resources Limited (TSE:CNQ - Get Free Report) NYSE: CNQ Senior Officer Kyle Grayson Pisio sold 4,912 shares of the firm's stock in a transaction on Thursday, June 19th. The shares were sold at an average price of C$46.27, for a total value of C$227,278.24.

Canadian Natural Resources Trading Down 1.0%

TSE:CNQ traded down C$0.45 during mid-day trading on Friday, reaching C$43.11. The company's stock had a trading volume of 17,009,946 shares, compared to its average volume of 14,571,345. The stock has a market cap of C$90.47 billion, a P/E ratio of 11.97, a P/E/G ratio of 0.53 and a beta of 1.89. Canadian Natural Resources Limited has a twelve month low of C$34.92 and a twelve month high of C$52.15. The company has a debt-to-equity ratio of 25.79, a current ratio of 0.84 and a quick ratio of 0.54. The company's fifty day simple moving average is C$42.66 and its two-hundred day simple moving average is C$42.82.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Wells Fargo & Company raised their target price on Canadian Natural Resources from C$42.00 to C$46.00 and gave the company an "equal weight" rating in a report on Thursday. Desjardins reduced their target price on Canadian Natural Resources from C$51.00 to C$49.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. National Bankshares dropped their price target on Canadian Natural Resources from C$51.00 to C$49.00 and set a "sector perform" rating for the company in a research report on Friday, March 7th. CIBC raised their price target on Canadian Natural Resources from C$59.00 to C$62.00 in a research report on Thursday, April 10th. Finally, Raymond James Financial upgraded Canadian Natural Resources from a "market perform" rating to an "outperform" rating and dropped their price objective for the stock from C$52.00 to C$49.00 in a research report on Wednesday, April 9th. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$54.58.

Canadian Natural Resources Company Profile

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.