Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Calvin John Bast Sells 7,000 Shares

Canadian Natural Resources Limited (TSE:CNQ - Get Free Report) NYSE: CNQ Senior Officer Calvin John Bast sold 7,000 shares of the business's stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of C$44.79, for a total transaction of C$313,534.90.

Calvin John Bast also recently made the following trade(s):

• On Wednesday, March 26th, Calvin John Bast sold 10,000 shares of Canadian Natural Resources stock. The shares were sold at an average price of C$44.75, for a total transaction of C$447,500.00.

Canadian Natural Resources Price Performance

Canadian Natural Resources stock traded up C$0.34 during mid-day trading on Thursday, reaching C$45.07. The company had a trading volume of 22,555,798 shares, compared to its average volume of 13,500,157. Canadian Natural Resources Limited has a fifty-two week low of C$34.92 and a fifty-two week high of C$52.15. The company has a current ratio of 0.84, a quick ratio of 0.54 and a debt-to-equity ratio of 25.79. The company has a market cap of C$94.58 billion, a P/E ratio of 12.51, a P/E/G ratio of 0.53 and a beta of 1.89. The business has a fifty day simple moving average of C$41.05 and a 200 day simple moving average of C$42.99.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CNQ. Scotiabank raised shares of Canadian Natural Resources from a "sector perform" rating to an "outperform" rating and set a C$56.00 price target for the company in a report on Wednesday, March 19th. Royal Bank of Canada boosted their price target on shares of Canadian Natural Resources from C$62.00 to C$63.00 and gave the company an "outperform" rating in a report on Friday, March 7th. National Bankshares decreased their price target on shares of Canadian Natural Resources from C$51.00 to C$49.00 and set a "sector perform" rating for the company in a report on Friday, March 7th. Wells Fargo & Company boosted their price target on shares of Canadian Natural Resources from C$40.00 to C$42.00 in a report on Thursday, May 22nd. Finally, Desjardins reduced their target price on shares of Canadian Natural Resources from C$51.00 to C$49.00 and set a "buy" rating for the company in a research note on Tuesday, April 15th. Five analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$54.25.

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.