Canadian Natural Resources Limited (TSE: CNQ) (NYSE: CNQ) senior executive Darren Fichter sold 19,000 shares of the company in a trade that took place on Tuesday, October 12. The shares were sold for an average price of C $ 50.30, for a total value of C $ 955,700.00. As a result of the transaction, the insider now directly owns 67,379 shares of the company, valued at approximately C $ 3,389,163.70.
CNQ stock traded up C $ 0.31 on Tuesday, reaching C $ 49.93. 10,766,021 shares of the company traded hands, compared to its average volume of 6,418,798. Canadian Natural Resources Limited has a year-on-year low of C $ 20.31 and a year-on-year high of $ 50.58 THAT. The company has a debt ratio of 58.32, a current ratio of 0.78, and a rapid ratio of 0.54. The company has a market capitalization of 58.95 billion Canadian dollars and a P / E ratio of 14.59. The company has a fifty-day simple moving average of C $ 43.25 and a 200-day simple moving average of C $ 42.07.
Canadian Natural Resources (TSE: CNQ) (NYSE: CNQ) last released its results on Thursday, August 5. The company reported EPS of C $ 1.24 for the quarter, beating the consensus estimate of C $ 0.97 by C $ 0.27. The company posted sales of C $ 6.53 billion for the quarter, compared to analysts’ expectations of C $ 6.59 billion. On average, analysts on the sell side predict that Canadian Natural Resources Limited will post 5.1300001 EPS for the current year.
A number of research firms have commented on CNQ. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Canadian Natural Resources in a research report on Thursday, September 16. Tudor Pickering & Holt set a price target of C $ 52.00 for Canadian Natural Resources and gave the company a “buy” rating in a research report on Friday August 13th. National Bankshares lowered its price target for Canadian natural resources from C $ 63.00 to C $ 61.00 and established an “outperform” rating for the company in a research report released on Friday August 6. BMO Capital Markets increased its target price for Canadian natural resources from C $ 52.00 to C $ 59.00 and assigned a rating of “na” to the stock in a research report on Monday, June 21. Finally, Tudor Pickering reissued a “buy” rating and issued a target price of C $ 52.00 on shares of Canadian Natural Resources in a research report on Thursday August 5th. Three research analysts rated the stock with a conservation rating and eleven gave the stock a buy rating. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C $ 52.98.
Canadian Natural Resources Company Profile
Canadian Natural Resources Limited acquires, explores, develops, produces, markets and sells crude oil, natural gas and natural gas liquids (NGLs). The Company offers Synthetic Crude Oil (SCO), Light and Medium Crude Oil, Bitumen (Thermal Oil), Primary Heavy Crude Oil and Pelican Lake Heavy Crude Oil.
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