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 Canadian Natural Resources stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of C$44.91, for a total value 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 value of C$347,775.00.

Canadian Natural Resources Stock Down 1.5 %

TSE CNQ opened at C$44.15 on Friday. The stock has a market cap of C$94.04 billion, a PE ratio of 12.58, a P/E/G ratio of 0.53 and a beta of 1.89. Canadian Natural Resources Limited has a 12 month low of C$40.02 and a 12 month high of C$56.49. The stock’s 50 day moving average is C$45.35 and its 200 day moving average is C$46.89. The company has a current ratio of 0.88, a quick ratio of 0.54 and a debt-to-equity ratio of 29.64.

Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) last issued its quarterly earnings data on Thursday, October 31st. The company reported C$0.97 earnings per share (EPS) for the quarter, topping the consensus estimate 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 quarter in the previous year, the business posted $1.29 EPS. Research analysts predict that Canadian Natural Resources Limited will post 3.833989 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CNQ has been the subject of several research analyst reports. CIBC lifted their price objective on Canadian Natural Resources from C$57.50 to C$59.00 in a report on Wednesday, October 9th. Raymond James lifted their price objective on Canadian Natural Resources from C$50.00 to C$51.00 and gave the stock a “market perform” rating in a report on Friday, November 1st. Desjardins upgraded Canadian Natural Resources from a “hold” rating to a “buy” rating and lifted their price objective for the stock from C$56.00 to C$59.00 in a report on Tuesday, October 8th. BMO Capital Markets cut their price target on Canadian Natural Resources from C$60.00 to C$58.00 in a research note on Friday, December 13th. Finally, TD Securities set a C$58.00 price target on Canadian Natural Resources and gave the company a “buy” rating in a research note on Tuesday, December 3rd. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$71.44.

Canadian Natural Resources Company Profile

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).