Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) insider Corey B. Bieber sold 18,000 shares of Canadian Natural Resources stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of C$44.61, for a total value of C$802,980.00.

Shares of Canadian Natural Resources Limited (CNQ) traded down C$0.34 during midday trading on Tuesday, reaching C$44.51. 1,729,708 shares of the company’s stock traded hands, compared to its average volume of 2,368,324. Canadian Natural Resources Limited has a twelve month low of C$35.90 and a twelve month high of C$47.00.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 1st. Shareholders of record on Tuesday, December 12th will be paid a $0.275 dividend. This represents a $1.10 annualized dividend and a yield of 2.47%. The ex-dividend date of this dividend is Monday, December 11th. Canadian Natural Resources’s payout ratio is currently 48.42%.

Several research firms recently commented on CNQ. J P Morgan Chase & Co lifted their price target on Canadian Natural Resources from C$47.00 to C$48.00 in a research report on Friday, November 3rd. BMO Capital Markets reiterated an “outperform” rating and issued a C$54.00 price target on shares of Canadian Natural Resources in a research report on Wednesday, November 8th. GMP Securities lifted their price target on Canadian Natural Resources from C$52.00 to C$56.00 in a research report on Friday, November 3rd. Scotiabank lifted their price target on Canadian Natural Resources from C$45.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 8th. Finally, Raymond James Financial lifted their price target on Canadian Natural Resources from C$49.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 8th. Nine research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of C$50.31.

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Canadian Natural Resources Company Profile

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 (TSE:CNQ)

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