Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Sells C$545,880.00 in Stock

Canadian Natural Resources Limited (TSE:CNQ - Get Free Report) NYSE: CNQ Senior Officer Jay Ellery Froc sold 12,000 shares of Canadian Natural Resources stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of C$45.49, for a total transaction of C$545,880.00.

Jay Ellery Froc also recently made the following trade(s):

• On Monday, March 17th, Jay Ellery Froc sold 4,500 shares of Canadian Natural Resources stock. The stock was sold at an average price of C$42.89, for a total value of C$193,005.00.

Canadian Natural Resources Trading Down 1.4%

Shares of Canadian Natural Resources stock traded down C$0.66 on Monday, hitting C$45.24. The stock had a trading volume of 43,639,547 shares, compared to its average volume of 14,096,842. The company has a quick ratio of 0.54, a current ratio of 0.84 and a debt-to-equity ratio of 25.79. Canadian Natural Resources Limited has a one year low of C$34.92 and a one year high of C$52.15. The stock's 50-day simple moving average is C$41.40 and its two-hundred day simple moving average is C$42.90. The stock has a market cap of C$94.94 billion, a price-to-earnings ratio of 12.56, a PEG ratio of 0.53 and a beta of 1.89.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on CNQ shares. Wells Fargo & Company upped their price target on Canadian Natural Resources from C$40.00 to C$42.00 in a research report on Thursday, May 22nd. Desjardins lowered their target price on shares of Canadian Natural Resources from C$51.00 to C$49.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. National Bankshares cut 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. Raymond James raised shares of Canadian Natural Resources from a "market perform" rating to an "outperform" rating and decreased their price target for the stock from C$52.00 to C$49.00 in a report on Wednesday, April 9th. Finally, CIBC lifted their price objective on Canadian Natural Resources from C$59.00 to C$62.00 in a research note on Thursday, April 10th. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$54.25.

About Canadian Natural Resources

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.