Take a fresh look at your lifestyle.

Canadian Natural Resources (CNQ) released its quarterly results on Thursday

Canadian Natural Resources (TSE: CNQ) (NYSE: CNQ) will announce its results before the market opens on Thursday, May 6th. Analysts expect the company to post earnings of $ 0.85 per share for the quarter.

Canadian Natural Resources (TSE: CNQ) (NYSE: CNQ) last announced its results on Thursday March 4th. The company reported earnings per share for the quarter of $ 0.05, missing Zacks’ consensus estimate of $ 0.06 by $ 0.01. The company posted revenue of $ 5.02 billion for the quarter, compared to analyst expectations of $ 4.88 billion.

TSE CNQ opened at $ 37.70 on Thursday. The company has a market capitalization of $ 44.72 billion and a value for money of -101.89. The company has a current rate of 0.86, a quick rate of 0.59, and a leverage ratio of 71.47. The company has a 50-day moving average of $ 38.50 and a 200-day moving average of $ 32.16. Canadian Natural Resources has a 1-year low of $ 19.77 and a 1-year high of $ 41.05.

In other news, director Stephen W. reportedly sold 60,000 shares of Natural Resources Canada stock in a transaction that occurred on Wednesday, March 10th. The stock was sold at an average price of $ 38.72 for a total value of $ 2,322,900. Following the sale, the director now directly holds 2,290,112 shares in the company valued at approximately $ 88,661,686.08. In the past 90 days, insiders have sold 85,875 shares in the company, valued at $ 3,342,743.

CNQ has been the subject of a number of analyst reports. Credit Suisse Group raised its target price for Canadian natural resources to CAD 32.00 and rated the stock as “neutral” in a research report on Monday, March 22nd. National Bankshares cut its target price on shares in Canadian Natural Resources from C $ 50.00 to C $ 49.00 and issued an “outperform” rating for the company in a report on Thursday, April 15. The UBS Group raised its target price for Canadian natural resources from C $ 30.00 to C $ 43.00 in a report on Thursday, January 7th. Eight Capital raised its target price on shares of Canadian Natural Resources to $ 50.00 and rated the stock “na” in a report on Wednesday, February 17th. Finally, Raymond James lowered his target price on Canadian natural resources from C $ 53.00 to C $ 49.00 and issued a research report on the company on Monday, April 19, with an “outperform” rating. Three analysts have given the stock a hold rating and ten with a buy rating. The company currently has a consensus rating of “Buy” and an average price target of $ 40.54.

(Display)

Keep an eye out for that crazy good pot broth and get ready for the next green wave!

About Canadian Natural Resources

Canadian Natural Resources Limited researches, develops, manufactures, and markets crude oil, natural gas, and natural gas liquids (NGLs). The company offers synthetic crude (SCO), light and medium crude, bitumen (thermal oil), primary heavy crude, and heavy crude from Pelican Lake. Midstream assets include two crude oil pipeline systems; and a 50% stake in an 84 megawatt cogeneration power plant in Primrose.

Recommended story: why are gap-down stocks important?

This instant message alert was generated through narrative science technology and financial data from MarketBeat to give readers the fastest, most accurate coverage possible. This story was reviewed by the editorial staff of MarketBeat prior to publication. Please send questions or comments about this story to [email protected]

Sponsored Article: What is the producer price index (PPI)?

7 low-priced dividend stocks under $ 10

Recent trading in cheap stocks like GameStop (NYSE: GME) is reminding investors of the high risk associated with these stocks. Often times, when a stock is trading for less than $ 10 (also known as a penny stock) it is trading that low for a reason. The company may not be profitable or, in the case of GameStop, have a business model that is no longer in line with consumer trends.

But that’s not always the case. It is possible to find cheap stocks, even penny stocks, that offer great value. This is especially true if the stock offers investors a dividend. Dividend-earning stocks are a source of diversification for a consumer’s portfolio, especially when the dividend is reinvested. It’s literally like paying yourself to own the stock.

And the stocks in this presentation also seem poised for additional stock price growth that can add to your overall return.

Check out the “7 Inexpensive Dividend Stocks Under $ 10”.

Comments are closed.