Canadian Natural Resources Limited (TSE:CNQ) Director Sells C$5,234,808.48 in Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Director Norman Murray Edwards sold 113,014 shares of the business’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of C$46.32, for a total transaction of C$5,234,808.48.

Norman Murray Edwards also recently made the following trade(s):

  • On Friday, September 15th, Norman Murray Edwards sold 99,714 shares of Canadian Natural Resources Limited stock. The stock was sold at an average price of C$40.37, for a total transaction of C$4,025,454.18.

Canadian Natural Resources Limited (CNQ) opened at C$43.91 on Thursday. Canadian Natural Resources Limited has a fifty-two week low of C$35.90 and a fifty-two week high of C$47.00.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 1st. Stockholders of record on Tuesday, December 12th will be issued a dividend of $0.275 per share. The ex-dividend date is Monday, December 11th. This represents a $1.10 annualized dividend and a dividend yield of 2.51%. Canadian Natural Resources Limited’s dividend payout ratio is currently 48.42%.

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Several analysts recently weighed in on CNQ shares. Royal Bank Of Canada boosted their price objective on shares of Canadian Natural Resources Limited from C$50.00 to C$51.00 and gave the stock a “top pick” rating in a research note on Friday, November 3rd. Canaccord Genuity boosted their price objective on shares of Canadian Natural Resources Limited from C$47.00 to C$48.00 in a research note on Wednesday, September 6th. National Bank Financial reaffirmed an “outperform” rating and set a C$52.00 price target on shares of Canadian Natural Resources Limited in a research report on Friday, November 3rd. BMO Capital Markets reaffirmed an “outperform” rating and set a C$54.00 price target on shares of Canadian Natural Resources Limited in a research report on Wednesday, November 8th. Finally, J P Morgan Chase & Co upped their price target on shares of Canadian Natural Resources Limited from C$47.00 to C$48.00 in a research report on Friday, November 3rd. Nine analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of C$50.14.

About Canadian Natural Resources Limited

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 Limited (TSE:CNQ)

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