Canadian Natural Resources Limited (TSE:CNQ – Get Free Report) (NYSE:CNQ) insider Ronald Keith Laing sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 28th. The shares were sold at an average price of C$49.83, for a total transaction of C$996,600.00. Following the sale, the insider owned 2,049 shares of the company’s stock, valued at C$102,101.67. This trade represents a 90.71% decrease in their ownership of the stock.
Canadian Natural Resources Stock Up 1.8%
CNQ opened at C$55.39 on Monday. The firm’s 50 day simple moving average is C$47.70 and its two-hundred day simple moving average is C$45.44. The company has a market capitalization of C$115.38 billion, a PE ratio of 17.47, a PEG ratio of 0.53 and a beta of 0.70. Canadian Natural Resources Limited has a 1-year low of C$34.92 and a 1-year high of C$55.50. The company has a current ratio of 0.84, a quick ratio of 0.54 and a debt-to-equity ratio of 25.79.
Canadian Natural Resources (TSE:CNQ – Get Free Report) (NYSE:CNQ) last issued its quarterly earnings data on Thursday, November 6th. The company reported C$0.86 earnings per share (EPS) for the quarter. Canadian Natural Resources had a net margin of 21.25% and a return on equity of 19.14%. The firm had revenue of C$9.52 billion during the quarter. As a group, equities analysts forecast that Canadian Natural Resources Limited will post 3.833989 EPS for the current year.
Trending Headlines about Canadian Natural Resources
- Positive Sentiment: Intraday momentum / short‑covering appears to be lifting the stock, with MarketBeat noting CNQ trading up and highlighting interest in high short‑interest names that can amplify moves. This likely explains the immediate upward price action. MarketBeat CNQ Page
- Neutral Sentiment: Brokerages maintain an average “Hold” rating and a consensus target near C$54.40, signaling muted analyst conviction and limiting near‑term upside from research-driven buyers. Canadian Natural Resources Limited (TSE:CNQ) Given Average Rating of “Hold” by Brokerages
- Neutral Sentiment: A recent outlook piece reviews 2026 catalysts and risks (production sensitivity to oil/gas prices, dividends, capital allocation) but offers no immediate new catalyst — investors will watch commodity prices and upcoming company commentary. What’s ahead for Canadian Natural Resources stock in 2026?
- Negative Sentiment: Gerdes Energy Research downgraded CNQ to “Neutral,” a move that can trigger selling from model‑driven funds and reduce demand. Gerdes Energy Research Downgrades Canadian Natural Resources (TSE:CNQ) to Neutral
- Negative Sentiment: Several insiders sold into the recent rally (notable filings: Trevor Wagil ~14,500 sh, Ronald Laing 20,000 sh, Kyle Pisio 7,456 sh, Brenda Balog 2,252 sh, Stephanie Graham 1,930 sh), trimming positions at ~C$49–50 — heavy insider selling can be perceived negatively and may increase short‑term supply. Insider Transactions
Analysts Set New Price Targets
A number of research analysts recently issued reports on the company. Evercore downgraded Canadian Natural Resources from an “outperform” rating to a “hold” rating and set a C$50.00 price objective for the company. in a research note on Tuesday, January 6th. Morgan Stanley dropped their price target on shares of Canadian Natural Resources from C$51.00 to C$50.00 in a research report on Friday, January 23rd. Gerdes Energy Research cut shares of Canadian Natural Resources from a “buy” rating to a “neutral” rating in a research note on Thursday. Desjardins set a C$52.00 target price on shares of Canadian Natural Resources and gave the company a “hold” rating in a research note on Wednesday, December 17th. Finally, TD Securities upped their target price on shares of Canadian Natural Resources from C$53.00 to C$54.00 in a report on Monday, November 10th. Three analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of C$54.40.
About Canadian Natural Resources
Canadian Natural Resources is one of the largest oil and natural gas producers in western Canada, supplemented by operations in the North Sea and Offshore Africa. The company’s portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas. Production averaged 1.16 million barrels of oil equivalent per day in 2020, and the company estimates that it holds over 11.5 billion boe of proven and probable crude oil and natural gas reserves.
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