Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Canadian Natural Resources fell $0.42 (-1.2%) to $33.10 on average volume. Throughout the day, 2,352,616 shares of Canadian Natural Resources exchanged hands as compared to its average daily volume of 2,115,300 shares. The stock ranged in price between $32.80-$33.42 after having opened the day at $33.38 as compared to the previous trading day's close of $33.52. Other companies within the Energy industry that declined today were:
), down 6.9%,
), down 6.6%,
), down 6.2% and
), down 4.7%.
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Canadian Natural Resources Limited engages in the exploration, development, production and marketing of crude oil, natural gas liquids, and natural gas. Canadian Natural Resources has a market cap of $36.0 billion and is part of the basic materials sector. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7. Shares are up 16.1% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Canadian Natural Resources a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Canadian Natural Resources
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Canadian Natural Resources Ratings Report.
On the positive front,
), up 18.9%,
), up 9.4%,
), up 7.0% and
), up 6.2% , were all gainers within the energy industry with
) being today's featured energy industry leader.
- Use our energy section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider
) while those bearish on the energy industry could consider
- Find other investment ideas from our top rated ETFs lists.