Canadian Natural Resources Limited (CNQ) Insider Ronald Keith Laing Buys 2,650 Shares

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) insider Ronald Keith Laing purchased 2,650 shares of the stock in a transaction on Thursday, January 18th. The shares were purchased at an average cost of C$45.25 per share, with a total value of C$119,912.50.

Ronald Keith Laing also recently made the following trade(s):

  • On Friday, January 12th, Ronald Keith Laing sold 12,500 shares of Canadian Natural Resources stock. The stock was sold at an average price of C$45.93, for a total value of C$574,125.00.

Shares of Canadian Natural Resources Limited (CNQ) traded down C$0.87 during mid-day trading on Friday, hitting C$45.05. The stock had a trading volume of 2,197,539 shares, compared to its average volume of 1,900,536. The firm has a market cap of $54,990.00, a PE ratio of 20.29 and a beta of 1.07. Canadian Natural Resources Limited has a fifty-two week low of C$35.90 and a fifty-two week high of C$47.00.

Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) last released its quarterly earnings results on Thursday, November 2nd. The company reported C$0.09 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.14 by C($0.05). Canadian Natural Resources had a return on equity of 8.80% and a net margin of 15.95%.

The firm also recently declared a quarterly dividend, which was paid on Monday, January 1st. Investors of record on Tuesday, December 12th were issued a $0.275 dividend. The ex-dividend date of this dividend was Monday, December 11th. This represents a $1.10 dividend on an annualized basis and a yield of 2.44%. Canadian Natural Resources’s payout ratio is 48.42%.

A number of analysts have commented on the company. Wells Fargo & Co lifted their price target on Canadian Natural Resources from C$52.00 to C$59.00 in a research report on Thursday, January 11th. Eight Capital set a C$60.00 price target on Canadian Natural Resources and gave the stock a “buy” rating in a research report on Thursday, January 11th. 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. TD Securities lifted their price target on Canadian Natural Resources from C$49.00 to C$51.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. Finally, National Bank Financial boosted their price objective on Canadian Natural Resources from C$52.00 to C$64.00 and gave the company an “outperform” rating in a report on Tuesday, January 9th. Nine research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of C$52.86.

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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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