Allan E. Frankiw Sells 1,000 Shares of Canadian Natural Resources Limited (CNQ) Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) insider Allan E. Frankiw sold 1,000 shares of the firm’s stock in a transaction on Friday, September 8th. The stock was sold at an average price of C$39.32, for a total value of C$39,320.00.

Shares of Canadian Natural Resources Limited (TSE:CNQ) opened at 39.18 on Friday. The company has a 50 day moving average price of $38.92 and a 200-day moving average price of $40.40. The firm has a market cap of $47.61 billion and a P/E ratio of 28.15. Canadian Natural Resources Limited has a 52-week low of $35.90 and a 52-week high of $46.74.

The firm also recently announced a quarterly dividend, which will be paid on Sunday, October 1st. Investors of record on Friday, September 15th will be issued a $0.275 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.81%.

WARNING: This report was posted by Markets Daily and is the property of of Markets Daily. If you are viewing this report on another website, it was stolen and republished in violation of international copyright and trademark legislation. The correct version of this report can be accessed at https://www.themarketsdaily.com/2017/09/10/allan-e-frankiw-sells-1000-shares-of-canadian-natural-resources-limited-cnq-stock.html.

Several analysts recently commented on CNQ shares. National Bank Financial raised their price objective on Canadian Natural Resources Limited from C$49.00 to C$50.00 and gave the stock an “outperform” rating in a research note on Wednesday. Royal Bank Of Canada reaffirmed a “top pick” rating and set a C$59.00 price objective on shares of Canadian Natural Resources Limited in a research note on Monday, June 5th. Barclays PLC dropped their price target on Canadian Natural Resources Limited from C$50.00 to C$34.00 in a research note on Thursday, July 6th. Canaccord Genuity lifted their price target on Canadian Natural Resources Limited from C$47.00 to C$48.00 in a research note on Wednesday. Finally, TD Securities lifted their price target on Canadian Natural Resources Limited from C$50.00 to C$54.00 and gave the company a “buy” rating in a research note on Monday, June 5th. Eight research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of C$50.50.

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)

Receive News & Ratings for Canadian Natural Resources Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Natural Resources Limited and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply