Stephen W. Laut Sells 3,180 Shares of Canadian Natural Resources Limited (TSE:CNQ) Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Director Stephen W. Laut sold 3,180 shares of the firm’s stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of C$43.95, for a total transaction of C$139,761.00.

Stephen W. Laut also recently made the following trade(s):

• On Monday, January 6th, Stephen W. Laut purchased 942 shares of Canadian Natural Resources stock. The stock was bought at an average cost of C$46.46 per share, for a total transaction of C$43,765.32.
• On Tuesday, November 19th, Stephen W. Laut sold 6,400 shares of Canadian Natural Resources stock. The stock was sold at an average price of C$47.04, for a total transaction of C$301,056.00.

Canadian Natural Resources Price Performance

CNQ stock opened at C$43.93 on Tuesday. The company has a debt-to-equity ratio of 29.64, a quick ratio of 0.54 and a current ratio of 0.88. The firm has a 50 day moving average price of C$44.94 and a 200-day moving average price of C$46.64. Canadian Natural Resources Limited has a 52-week low of C$40.02 and a 52-week high of C$56.49. The firm has a market capitalization of C$93.57 billion, a price-to-earnings ratio of 12.52, a PEG ratio of 0.53 and a beta of 1.89.

Analyst Ratings Changes

A number of research firms have weighed in on CNQ. Gerdes Energy Research upgraded Canadian Natural Resources from a “neutral” rating to a “buy” rating in a research report on Monday, December 16th. BMO Capital Markets decreased their price objective on Canadian Natural Resources from C$60.00 to C$58.00 in a report on Friday, December 13th. Jefferies Financial Group cut their target price on Canadian Natural Resources from C$54.00 to C$50.00 in a research note on Thursday, January 30th. TD Securities set a C$58.00 price target on shares of Canadian Natural Resources and gave the stock a “buy” rating in a research note on Tuesday, December 3rd. Finally, Wells Fargo & Company upped their price objective on shares of Canadian Natural Resources from C$48.00 to C$50.00 in a research note on Monday, December 9th. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average 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).