Réal Michel Cusson Acquires 30,000 Shares of Canadian Natural Resources Limited (CNQ) Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) insider Réal Michel Cusson acquired 30,000 shares of the business’s stock in a transaction that occurred on Thursday, March 16th. The stock was bought at an average cost of C$36.78 per share, for a total transaction of C$1,103,400.00.

Réal Michel Cusson also recently made the following trade(s):

  • On Friday, March 17th, Réal Michel Cusson acquired 15,000 shares of Canadian Natural Resources Limited stock. The stock was bought at an average cost of C$36.78 per share, for a total transaction of C$551,700.00.
  • On Wednesday, March 15th, Réal Michel Cusson acquired 70,000 shares of Canadian Natural Resources Limited stock. The stock was bought at an average cost of C$36.78 per share, for a total transaction of C$2,574,600.00.
  • On Monday, March 13th, Réal Michel Cusson sold 10,000 shares of Canadian Natural Resources Limited stock. The shares were sold at an average price of C$42.75, for a total transaction of C$427,500.00.

Shares of Canadian Natural Resources Limited (TSE:CNQ) opened at 43.04 on Tuesday. Canadian Natural Resources Limited has a 12 month low of $33.11 and a 12 month high of $46.74. The firm’s 50-day moving average is $40.25 and its 200 day moving average is $41.69. The company’s market capitalization is $47.89 billion.

Insider Buying and Selling by Quarter for Canadian Natural Resources Limited (TSE:CNQ)

The firm also recently declared a quarterly dividend, which will be paid on Saturday, April 1st. Stockholders of record on Friday, March 17th will be paid a dividend of $0.275 per share. The ex-dividend date is Wednesday, March 15th. This represents a $1.10 annualized dividend and a dividend yield of 2.56%. This is an increase from Canadian Natural Resources Limited’s previous quarterly dividend of $0.25.

Your IP Address:

Several equities research analysts recently commented on the stock. Royal Bank of Canada boosted their price objective on shares of Canadian Natural Resources Limited from C$52.00 to C$55.00 and gave the company a “top pick” rating in a research report on Friday, March 3rd. BMO Capital Markets boosted their price objective on shares of Canadian Natural Resources Limited from C$52.00 to C$57.00 in a research report on Friday, March 10th. JPMorgan Chase & Co. boosted their price objective on shares of Canadian Natural Resources Limited from C$52.00 to C$54.00 in a research report on Wednesday, December 7th. TD Securities reaffirmed a “hold” rating and issued a C$46.00 price objective on shares of Canadian Natural Resources Limited in a research report on Friday, December 16th. Finally, Barclays PLC boosted their price objective on shares of Canadian Natural Resources Limited from C$49.00 to C$52.00 and gave the company an “overweight” rating in a research report on Monday, March 13th. Seven equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of C$50.00.

About Canadian Natural Resources Limited

Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company is engaged in the acquisition, exploration, development, production, marketing and sale of crude oil, natural gas and natural gas liquids (NGLs). Its exploration and production operations are focused in North America, largely in Western Canada; the United Kingdom (UK) portion of the North Sea and Cote d’Ivoire, Gabon, and South Africa in Offshore Africa.

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