Devin Craig Lowe Sells 7,500 Shares of Canadian Natural Resources Limited (TSE:CNQ) Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Senior Officer Devin Craig Lowe sold 7,500 shares of the stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of C$44.91, for a total transaction of C$336,795.00.

Devin Craig Lowe also recently made the following trade(s):

• On Monday, January 6th, Devin Craig Lowe sold 7,500 shares of Canadian Natural Resources stock. The stock was sold at an average price of C$46.37, for a total transaction of C$347,775.00.

Canadian Natural Resources Price Performance

Shares of CNQ traded up C$0.54 during trading hours on Thursday, hitting C$44.80. 7,219,467 shares of the company were exchanged, compared to its average volume of 7,073,194. The company has a debt-to-equity ratio of 29.64, a current ratio of 0.88 and a quick ratio of 0.54. The company has a market capitalization of C$95.42 billion, a PE ratio of 12.76, a PEG ratio of 0.53 and a beta of 1.89. The firm has a fifty day simple moving average of C$45.42 and a 200-day simple moving average of C$46.91. Canadian Natural Resources Limited has a one year low of C$40.02 and a one year high of C$56.49.

Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) last released its quarterly earnings results on Thursday, October 31st. The company reported C$0.97 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.92 by C$0.05. Canadian Natural Resources had a return on equity of 19.65% and a net margin of 20.88%. During the same period last year, the business posted $1.29 earnings per share. As a group, sell-side analysts predict that Canadian Natural Resources Limited will post 3.833989 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have recently issued reports on CNQ. Jefferies Financial Group reduced their price objective on Canadian Natural Resources from C$54.00 to C$50.00 in a research report on Thursday. ATB Capital boosted their price target on Canadian Natural Resources from C$58.00 to C$60.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 8th. BMO Capital Markets lowered their price target on Canadian Natural Resources from C$60.00 to C$58.00 in a report on Friday, December 13th. Desjardins raised shares of Canadian Natural Resources from a “hold” rating to a “buy” rating and upped their price objective for the stock from C$56.00 to C$59.00 in a report on Tuesday, October 8th. Finally, National Bankshares raised their target price on shares of Canadian Natural Resources from C$52.00 to C$53.00 and gave the company a “sector perform” rating in a research note on Tuesday, October 8th. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$71.44.

About Canadian Natural Resources

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells 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 (thermal oil), and synthetic crude oil (SCO).