Shares of Canadian Natural Resources Limited (NYSE:CNQ) traded today at $63.53, eclipsing its 52-week high. So far today approximately 807,000 shares have been exchanged, as compared to an average 30-day volume of 4.2 million shares.
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.
In the past 52 weeks, Canadian Natural Resources Limited share prices are bracketed by a low of $28.50 and a high of $63.53 and is now at $63.09, 121% above that low price.
Canadian Natural Resources Limited (NYSE:CNQ) defies analysts with a current price ($63.09) 3.2% above its average consensus price target of $61.05.
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