Volume Gainer: Canadian Natural Resources Limited (CNQ)

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17 August, 2017

The performance (Year to Date) is now at -3.20%. CENTRAL TRUST Co raised its position in Pioneer Natural Resources by 17.3% in the first quarter.

Among 32 analysts covering Pioneer Natural Resources (NYSE:PXD), 28 have Buy rating, 1 Sell and 3 Hold. Prospera Financial Services Inc increased its stake in Pioneer Natural Resources by 0.4% in the second quarter. The consensus rating is 2.3, suggesting the market has given up on the stock. Acadian Asset Management LLC boosted its position in Canadian Natural Resources Limited by 2,400.0% in the first quarter.

Looking forward, the company is expected to report earnings of $0.11 per share for the current quarter. The business's quarterly revenue was up 107.4% on a year-over-year basis.

Pioneer Natural Resources Company (NYSE:PXD) traded down 1.55% during trading on Wednesday, hitting $131.63. Hodges Capital Management Inc. increased its stake in Pioneer Natural Resources by 0.4% in the first quarter. Sei Investments Co now controls 60,440 shares valued at $1,088,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company.

Canadian Natural Resources Limited (CNQ) has an annual dividend of $0.76, while its annual dividend yield is 2.46%. Canadian Natural Resources Limited has a 12-month low of $27.52 and a 12-month high of $35.28.

Canadian Natural Resources Limited has been operating with a total market capitalizations of 37.63B and has reported a price of $30.82 today, highlighting a positive change of -0.13%. The last stock close price is down -3.09% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. This buyback authorization allows the oil and gas producer to purchase shares of its stock through open market purchases. The objectives of the Company are to achieve and grow current income by investing in debt securities of established businesses that it believes will provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time, and to provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that it believes can grow over time to permit it to sell its equity investments for capital gains. Stockholders of record on Friday, September 15th will be paid a dividend of $0.2212 per share. Consonance Capital Management Lp owns 1.27 million shares or 0.72% of their United States portfolio. The ex-dividend date is Thursday, September 14th. Canadian Natural Resources Limited's dividend payout ratio is presently 78.43%.

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PXD has been the subject of a number of recent research reports. Finally, BidaskClub lowered Pioneer Natural Resources from a "sell" rating to a "strong sell" rating in a research note on Saturday, June 17th. As per Tuesday, March 15, the company rating was maintained by Barclays Capital. The rating was downgraded by Goldman Sachs on Thursday, November 5 to "Sell". Barclays PLC reiterated a "buy" rating and issued a $196.00 price target (down previously from $204.00) on shares of Pioneer Natural Resources in a report on Thursday, April 20th.

The average volume stands at 2480.01 for Canadian Natural Resources Limited. Pioneer Natural Resources has a consensus rating of "Buy" and an average price objective of $211.90. KLR Group upped their price target on shares of Pioneer Natural Resources from $234.00 to $240.00 and gave the stock a "buy" rating in a research report on Tuesday, May 9th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company.

Pioneer Natural Resources Company (PXD) dropped with negative flow of -1.24% during recent week and go down so far this year; showing a decline of -25.75%. The Company's divisions are Annuity Segment, which sells a variety of traditional annuity products; Life Insurance Segment, which sells a range of traditional and universal life insurance products, and Corporate and Other segment, which provides various support operations, corporate capital and other product lines. The Exploration and Production segment includes exploration, development, production and marketing of crude oil, natural gas liquids and natural gas.


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