Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) insider Allan E. Frankiw sold 1,000 shares of the stock in a transaction dated Friday, September 15th. The stock was sold at an average price of C$40.03, for a total transaction of C$40,030.00.

Shares of Canadian Natural Resources Limited (TSE:CNQ) traded down 0.35% during midday trading on Friday, reaching $40.04. 10,432,210 shares of the company’s stock were exchanged. The company has a market cap of $48.66 billion and a price-to-earnings ratio of 28.76. Canadian Natural Resources Limited has a 12-month low of $35.90 and a 12-month high of $46.74. The stock’s 50 day moving average price is $39.14 and its 200 day moving average price is $40.44.

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, October 1st. Investors of record on Friday, September 15th will be issued a dividend of $0.275 per share. The ex-dividend date is Thursday, September 14th. This represents a $1.10 dividend on an annualized basis and a yield of 2.75%.

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CNQ has been the subject of a number of research reports. Canaccord Genuity increased their price target on shares of Canadian Natural Resources Limited from C$47.00 to C$48.00 in a research note on Wednesday, September 6th. CIBC decreased their price target on shares of Canadian Natural Resources Limited from C$55.00 to C$50.00 in a research note on Thursday, July 20th. Barclays PLC decreased their price target on shares of Canadian Natural Resources Limited from C$50.00 to C$34.00 in a research note on Thursday, July 6th. TD Securities increased their price target on shares of Canadian Natural Resources Limited from C$50.00 to C$54.00 and gave the stock a “buy” rating in a research note on Monday, June 5th. Finally, National Bank Financial increased their price target on shares of 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, September 6th. Eight investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Canadian Natural Resources Limited 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)

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