Public market insider selling at Cdn Natural Resource Ltd (CNQ)

Public market insider selling at Cdn Natural Resource Ltd (T:CNQ)

Scott Gerald Stauth, a Senior Officer, disposed of 50,000 Common Shares on a direct ownership basis at a price of $57.820 on January 6th, 2022. This represents a $2,891,025 divestment of the company's shares and an account share holdings change of -50.4%.

In addition, Timothy Shawn McKay, a Senior Officer, disposed of 45,000 Common Shares on a direct ownership basis at a price of $55.274 on January 4th, 2022. This represents a $2,487,326 divestment of the company's shares and an account share holdings change of -3.7%. Darren Fichter, a Senior Officer, disposed of 20,000 Common Shares on a direct ownership basis at a price of $57.410 on January 6th, 2022. This represents a $1,148,200 divestment of the company's shares and an account share holdings change of -21.9%.

Four other insiders also reported selling shares in smaller size.

Cdn Natural Resource Ltd is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company's exploration and production operations are focused in North America, mainly in Western Canada; the United Kingdom (UK) portion of the North Sea; and Cote d'Ivoire and South Africa in Offshore Africa. The Company's exploration and production activities are conducted in three geographic segments: North America, North Sea and Offshore Africa. The Oil Sands Mining and Upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations at Horizon Oil Sands and through its direct and indirect interest in Athabasca Oil Sands Project. Within Western Canada, in the Midstream and Refining segment, the Company's activities include pipeline operations, an electricity co-generation system and an investment in the North West Redwater Partnership, a general partnership formed to upgrade and refine bitumen in the Province of Alberta.