Canadian Natural Resources Limited on Focus After Crashing In Today’s Session

 Canadian Natural Resources Limited on Focus After Crashing In Today's Session

The stock of Canadian Natural Resources Limited (TSE:CNQ) is a huge mover today! About 1.22M shares traded hands. Canadian Natural Resources Limited (TSE:CNQ) has risen 23.03% since March 24, 2016 and is uptrending. It has outperformed by 19.55% the S&P500.
The move comes after 9 months negative chart setup for the $47.02B company. It was reported on Oct, 31 by Barchart.com. We have $39.34 PT which if reached, will make TSE:CNQ worth $3.76 billion less.

Canadian Natural Resources Limited (TSE:CNQ) Ratings Coverage

Out of 7 analysts covering Canadian Natural Resources Limited (TSE:CNQ), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. Canadian Natural Resources Limited has been the topic of 24 analyst reports since August 22, 2015 according to StockzIntelligence Inc. The stock of Canadian Natural Resources Limited (TSE:CNQ) has “” rating given on Tuesday, June 28 by Desjardins Securities. FirstEnergy Capital downgraded the shares of CNQ in a report on Monday, November 9 to “Outperform” rating. The firm earned “Top Pick” rating on Monday, August 29 by RBC Capital Markets. The stock of Canadian Natural Resources Limited (TSE:CNQ) has “Outperform” rating given on Monday, January 25 by RBC Capital Markets. The stock of Canadian Natural Resources Limited (TSE:CNQ) earned “Top Pick” rating by RBC Capital Markets on Monday, October 17. The firm has “Neutral” rating by JP Morgan given on Wednesday, August 26. As per Monday, June 6, the company rating was maintained by Raymond James.

More important recent Canadian Natural Resources Limited (TSE:CNQ) news were published by: Fool.ca which released: “Why Canadian Natural Resources Limited Will Surprise Investors to the Upside” on October 25, 2016, also Business.Financialpost.com published article titled: “Canadian Natural Resources Ltd loss narrows on lower costs, says Horizon …”, Fool.ca published: “Why Canadian Natural Resources Limited Is the Only Senior Energy Producer You …” on October 24, 2016. More interesting news about Canadian Natural Resources Limited (TSE:CNQ) was released by: Fool.ca and their article: “3 Great Reasons to Buy Canadian Natural Resources Limited” with publication date: October 17, 2016.

Canadian Natural Resources Limited is an independent natural gas and crude oil exploration, development and production company. The company has a market cap of $47.02 billion. The Firm is engaged in the acquisition, exploration, development, production, marketing and sale of crude oil, natural gas and natural gas liquids . It currently has negative earnings. The Company’s exploration and production activities are focused in North America, largely in Western Canada; the United Kingdom (UK) portion of the North Sea and Cote d’Ivoire, Gabon, and South Africa in Offshore Africa.

CNQ.TO Company Profile

Canadian Natural Resources Limited, incorporated on January 6, 1985, is an independent natural gas and crude oil exploration, development and production company. The Firm is engaged in the acquisition, exploration, development, production, marketing and sale of crude oil, natural gas and natural gas liquids (NGLs). The Company’s exploration and production activities are focused in North America, largely in Western Canada; the United Kingdom (UK) portion of the North Sea and Cote d’Ivoire, Gabon, and South Africa in Offshore Africa. The Horizon Oil Sands Mining and Upgrading segment (Horizon) produces synthetic crude oil through bitumen mining and upgrading operations. Within Western Canada, the Company maintains certain midstream activities that include pipeline operations, an electricity co-generation system and an investment in the North West Redwater Partnership (Redwater Partnership), a general partnership formed in the Province of Alberta.

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