Analysts Take on Canadian Natural Resources Limited (NYSE:CNQ)

571,007 shares of the stock were exchanged.

Potash Corporation of Saskatchewan (USA) (NYSE:POT) ended the day at $22.06 with the gain of 2.49%. Post opening the session at $24.84, the shares hit an intraday low of $23.715 and an intraday high of $24.86 and the price vacillated in this range throughout the day. The 50-Day Moving Average price is $121.92 and the 200 Day Moving Average price is recorded at $141.98.

Canadian Natural Resource (NYSE:CNQ) last released its earnings results on Thursday, August 6th. The company reported $0.16 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.06. The firm’s market capitalization is $775.34 million. Pioneer Natural Resources’s revenue was down 30.5% on a year-over-year basis.

Canadian Natural Resources Limited (CNQ) of the Basic Materials sector (Independent Oil & Gas) is down -0.75% already this morning, a change from open of 0.04%. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $0.70 dividend on an annualized basis and a yield of 2.93%.

PXD has been the subject of a number of other reports. They now have a $14.00 price target on the stock, down from their previous price target of $17.00. Citigroup Inc. reaffirmed a “hold” rating on shares of Pioneer Natural Resources in a research report on Tuesday, September 15th. Barclays restated a “sell” rating on shares of Pioneer Natural Resources in a research report on Tuesday, July 14th. Pioneer Natural Resources Co. now has a 50-day SMA is $n/a and 200-day SMA is $n/a, and it has a 52-week high of $195.79 and a 52-week low of $105.83. Finally, Raymond James raised Canadian Natural Resource from a “market perform” rating to an “outperform” rating in a research note on Friday, August 7th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and twenty-two have given a buy rating to the company. The 12-month mean target is $159.46, which means upside potential of 19.43% over the current price.

The price to earnings ratio, or the valuation ratio of a company’s current share price compared to its per-share earnings sits at N/A. This is an important indicator as a higher ratio typically suggests that investors are expecting higher future earnings growth compared to companies in the same industry with lower price to earnings ratios. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The rating by the firm was issued on September 30, 2015. The stock was sold at an average price of $116.74, for a total transaction of $254,609.94. Following the sale, the executive vice president now directly owns 18,188 shares in the company, valued at $2,123,267.12.

Vanguard Natural Resources, LLC (Vanguard) is focused on the acquisition and development of oil and natural gas properties in the United States. It has a portfolio of assets with production and development of both natural gas and crude oil. The Organization ‘s properties include Spraberry/Wolfcamp oil field situated in West Texas; the liquid-abundant Eagle Ford Shale field situated in South Texas; Raton gas field located in southern Colorado; the West Panhandle gas and liquids field located in the Texas Panhandle, and the Edwards gas field located in South Texas.