Canadian Natural Resource Ltd (TSE:CNQ) (NYSE:CNQ) insider Betty Yee sold 2,500 shares of the company’s stock in a transaction that occurred on Friday, September 7th. The shares were sold at an average price of C$41.91, for a total transaction of C$104,775.00.
Betty Yee also recently made the following trade(s):
- On Tuesday, September 4th, Betty Yee sold 1,500 shares of Canadian Natural Resource stock. The shares were sold at an average price of C$43.98, for a total transaction of C$65,970.00.
Canadian Natural Resource stock traded down C$0.34 during trading hours on Friday, hitting C$42.76. The company had a trading volume of 3,513,926 shares, compared to its average volume of 2,775,197. Canadian Natural Resource Ltd has a fifty-two week low of C$36.88 and a fifty-two week high of C$49.08.
Canadian Natural Resource (TSE:CNQ) (NYSE:CNQ) last released its quarterly earnings data on Thursday, August 2nd. The company reported C$0.90 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.71 by C$0.19. The firm had revenue of C$5.95 billion for the quarter, compared to analyst estimates of C$5.53 billion. Canadian Natural Resource had a net margin of 7.90% and a return on equity of 5.04%.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 1st. Shareholders of record on Friday, September 14th will be paid a $0.335 dividend. The ex-dividend date of this dividend is Thursday, September 13th. This represents a $1.34 annualized dividend and a yield of 3.13%.
Several brokerages recently commented on CNQ. Raymond James reduced their price target on shares of Canadian Natural Resource from C$60.00 to C$59.00 in a research report on Tuesday, May 22nd. CSFB upped their price target on shares of Canadian Natural Resource from C$59.00 to C$65.00 in a research report on Wednesday, July 11th. Barclays upped their price target on shares of Canadian Natural Resource from C$55.00 to C$59.00 in a research report on Wednesday, July 11th. Canaccord Genuity upped their price target on shares of Canadian Natural Resource from C$54.00 to C$60.00 in a research report on Tuesday, July 10th. Finally, National Bank Financial reduced their price target on shares of Canadian Natural Resource from C$66.00 to C$64.00 and set an “outperform” rating for the company in a research report on Friday, August 3rd. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Canadian Natural Resource currently has an average rating of “Buy” and an average price target of C$56.23.
Canadian Natural Resource Company Profile
Canadian Natural Resources Limited explores for, develops, produces, and markets crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen, and synthetic crude oil (SCO). Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose.
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