Stephen W. Laut Sells 3,000 Shares of Canadian Natural Resources Limited (CNQ) Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) insider Stephen W. Laut sold 3,000 shares of Canadian Natural Resources Limited stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of C$39.11, for a total value of C$117,330.00.

Canadian Natural Resources Limited (TSE CNQ) opened at 40.04 on Friday. Canadian Natural Resources Limited has a one year low of $35.90 and a one year high of $46.74. The stock’s 50 day moving average price is $39.18 and its 200 day moving average price is $40.45. The firm has a market capitalization of $48.66 billion and a PE ratio of 28.76.

The firm also recently declared a quarterly dividend, which will be paid on Sunday, October 1st. Stockholders of record on Friday, September 15th will be given a $0.275 dividend. The ex-dividend date is Thursday, September 14th. This represents a $1.10 annualized dividend and a dividend yield of 2.75%.

TRADEMARK VIOLATION NOTICE: This article was originally reported by Transcript Daily and is owned by of Transcript Daily. If you are accessing this article on another website, it was illegally copied and republished in violation of U.S. and international copyright and trademark law. The original version of this article can be accessed at https://transcriptdaily.com/2017/09/17/stephen-w-laut-sells-3000-shares-of-canadian-natural-resources-limited-cnq-stock.html.

Several equities research analysts recently issued reports on the company. National Bank Financial lifted their price objective on Canadian Natural Resources Limited from C$49.00 to C$50.00 and gave the stock an “outperform” rating in a report on Wednesday, September 6th. Barclays PLC lowered their price objective on Canadian Natural Resources Limited from C$50.00 to C$34.00 in a report on Thursday, July 6th. Canaccord Genuity lifted their price objective on Canadian Natural Resources Limited from C$47.00 to C$48.00 in a report on Wednesday, September 6th. Royal Bank Of Canada reiterated a “top pick” rating and issued a C$59.00 price objective on shares of Canadian Natural Resources Limited in a report on Monday, June 5th. Finally, CIBC lowered their price objective on Canadian Natural Resources Limited from C$55.00 to C$50.00 in a report on Thursday, July 20th. Eight investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Canadian Natural Resources Limited has a consensus rating of “Buy” and an average target price of C$50.50.

About Canadian Natural Resources Limited

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 Limited (TSE:CNQ)

Receive News & Ratings for Canadian Natural Resources Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Natural Resources Limited and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply