Today it was reported that the Vice-President of Canadian Natural (CNQ), Jay E Froc, exercised options to sell 9,000 CNQ shares for a total transaction value of $287.8K.
Following Jay E Froc’s last CNQ Sell transaction on November 13, 2020, the stock climbed by 6.8%. In addition to Jay E Froc, 2 other CNQ executives reported Sell trades in the last month.
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CNQ’s market cap is $28.4 billion and the company has a P/E ratio of -97.20.
Based on 12 analyst ratings, the analyst consensus is Strong Buy with an average price target of $27.35, reflecting a -10.2% downside.
In the last 30 days, insiders have sold $755.2K worth of CNQ shares and purchased $31.44K worth of CNQ shares. The insider sentiment on Canadian Natural has been negative according to 115 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Jay E Froc’s trades have generated a 16.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Canadian Natural Resources Ltd. is a senior oil and natural gas production company. It engages in the exploration, development, marketing, and production of crude oil and natural gas. The company was founded on November 7, 1973 and is headquartered in Calgary, Canada.
