Canadian Natural Resources Limited (TSE:CNQ – Get Free Report) (NYSE:CNQ) insider Trevor Wagil sold 14,500 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of C$49.96, for a total value of C$724,420.00. Following the sale, the insider directly owned 14,779 shares of the company’s stock, valued at approximately C$738,358.84. This trade represents a 49.52% decrease in their position.
Trevor Wagil also recently made the following trade(s):
- On Wednesday, December 24th, Trevor Wagil sold 2,469 shares of Canadian Natural Resources stock. The shares were sold at an average price of C$45.19, for a total value of C$111,574.11.
Canadian Natural Resources Stock Up 1.8%
Shares of TSE:CNQ opened at C$55.39 on Friday. The stock has a 50-day simple moving average of C$47.70 and a 200-day simple moving average of C$45.43. The stock has a market capitalization of C$115.38 billion, a P/E ratio of 17.47, a PEG ratio of 0.53 and a beta of 0.70. Canadian Natural Resources Limited has a 1 year low of C$34.92 and a 1 year high of C$55.50. The company has a debt-to-equity ratio of 25.79, a quick ratio of 0.54 and a current ratio of 0.84.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the company. TD Securities increased their price target on Canadian Natural Resources from C$53.00 to C$54.00 in a report on Monday, November 10th. Evercore downgraded Canadian Natural Resources from an “outperform” rating to a “hold” rating and set a C$50.00 target price for the company. in a research report on Tuesday, January 6th. Royal Bank Of Canada lowered their target price on Canadian Natural Resources from C$62.00 to C$61.00 and set an “outperform” rating for the company in a research note on Tuesday, January 13th. Morgan Stanley reduced their price target on Canadian Natural Resources from C$51.00 to C$50.00 in a research report on Friday, January 23rd. Finally, Desjardins set a C$52.00 price target on Canadian Natural Resources and gave the stock a “hold” rating in a report on Wednesday, December 17th. Three investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of C$54.40.
Read Our Latest Research Report on CNQ
Key Stories Impacting Canadian Natural Resources
Here are the key news stories impacting Canadian Natural Resources this week:
- Neutral Sentiment: Brokerages assigned an average “Hold” rating on CNQ, signaling limited near‑term upside from analysts’ consensus and keeping expectations muted. Canadian Natural Resources Limited (TSE:CNQ) Given Average Rating of “Hold” by Brokerages
- Neutral Sentiment: A recent market piece reviewing CNQ’s outlook for 2026 provides context on catalysts and risks (production, commodity price sensitivity, dividends/capital allocation) but does not introduce a clear upside trigger today. Investors will be watching commodity prices and capital allocation commentary for direction. What’s ahead for Canadian Natural Resources stock in 2026?
- Negative Sentiment: Gerdes Energy Research downgraded CNQ to “Neutral” from a higher stance, a move that can prompt downside pressure as funds and model-driven strategies reweight. Gerdes Energy Research Downgrades Canadian Natural Resources (TSE:CNQ) to Neutral
- Negative Sentiment: Multiple insiders executed stock sales in late Jan/early Feb (including Trevor Wagil, Ronald Laing, Kyle Pisio, Brenda Balog, Stephanie Graham) totaling several hundred thousand CAD at ~C$49–50 per share and meaningfully reducing individual holdings. Heavy insider selling can be interpreted as a negative signal to the market and may increase short‑term selling pressure.
Canadian Natural Resources Company Profile
Canadian Natural Resources is one of the largest oil and natural gas producers in western Canada, supplemented by operations in the North Sea and Offshore Africa. The company’s portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas. Production averaged 1.16 million barrels of oil equivalent per day in 2020, and the company estimates that it holds over 11.5 billion boe of proven and probable crude oil and natural gas reserves.
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