The stock of Canadian Natural Resource Ltd (USA) (NYSE:CNQ) is a huge mover today! About 2.56M shares traded hands or 9.87% up from the average. Canadian Natural Resource Ltd (USA) (NYSE:CNQ) has risen 1.24% since April 27, 2016 and is uptrending. It has underperformed by 3.99% the S&P500.
The move comes after 9 months positive chart setup for the $36.48 billion company. It was reported on Nov, 30 by Barchart.com. We have $35.13 PT which if reached, will make NYSE:CNQ worth $1.46B more.
Analysts await Canadian Natural Resource Ltd (USA) (NYSE:CNQ) to report earnings on March, 2.
Canadian Natural Resource Ltd (USA) (NYSE:CNQ) Ratings Coverage
Out of 11 analysts covering Canadian Natural Resources Limited (NYSE:CNQ), 8 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 73% are positive. Canadian Natural Resources Limited has been the topic of 22 analyst reports since July 21, 2015 according to StockzIntelligence Inc. JP Morgan maintained it with “Neutral” rating and $30 target price in Tuesday, December 15 report. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, June 16. As per Wednesday, August 26, the company rating was downgraded by JP Morgan. The stock of Canadian Natural Resource Ltd (USA) (NYSE:CNQ) has “Equal-Weight” rating given on Tuesday, January 12 by Morgan Stanley. The rating was upgraded by Macquarie Research to “Outperform” on Friday, August 5. The stock of Canadian Natural Resource Ltd (USA) (NYSE:CNQ) earned “Outperform” rating by RBC Capital Markets on Friday, November 6. The stock of Canadian Natural Resource Ltd (USA) (NYSE:CNQ) has “Buy” rating given on Friday, June 17 by Citigroup. The rating was downgraded by TD Securities on Friday, April 1 to “Hold”. The stock of Canadian Natural Resource Ltd (USA) (NYSE:CNQ) has “Buy” rating given on Thursday, April 7 by Citigroup. The company was maintained on Friday, August 7 by Scotia Capital.
According to Zacks Investment Research, “Canadian Natural Resources Limited is a senior independent oil and natural gas exploration, development and production company based in Calgary, Alberta. The Company’s operations are focused in Western Canada, the North Sea and Offshore West Africa.”
More important recent Canadian Natural Resource Ltd (USA) (NYSE:CNQ) news were published by: Fool.ca which released: “Did TransCanada Corporation Just Cost Canadian Natural Resources Limited …” on November 25, 2016, also Fool.ca published article titled: “Why Canadian Natural Resources Limited Will Surprise Investors to the Upside”, Fool.ca published: “Canadian Natural Resources Limited Goes to War With TransCanada Corporation” on November 05, 2016. More interesting news about Canadian Natural Resource Ltd (USA) (NYSE:CNQ) was released by: Fool.ca and their article: “3 Great Reasons to Buy Canadian Natural Resources Limited” with publication date: October 17, 2016.
CNQ 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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