Canadian Natural Resources Ltd (CNQ): Today's Featured Energy Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Canadian Natural Resources ( CNQ) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day down 0.5%. By the end of trading, Canadian Natural Resources rose 34 cents (1.1%) to $30.41 on average volume. Throughout the day, 3.2 million shares of Canadian Natural Resources exchanged hands as compared to its average daily volume of 3.3 million shares. The stock ranged in a price between $29.81-$30.52 after having opened the day at $29.94 as compared to the previous trading day's close of $30.07. Other companies within the Energy industry that increased today were: Zion Oil & Gas ( ZN), up 27.2%, Andatee China Marine Fuel Services Corporat ( AMCF), up 11.6%, Whiting USA Trust I ( WHX), up 8.5%, and Forbes Energy Services ( FES), up 6.5%.
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Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas liquids (NGLs), and natural gas. Canadian Natural Resources has a market cap of $32.88 billion and is part of the basic materials sector. The company has a P/E ratio of 13.7, below the S&P 500 P/E ratio of 17.7. Shares are up 4.1% year to date as of the close of trading on Friday. Currently there are nine analysts that rate Canadian Natural Resources a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Canadian Natural Resources as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and a generally disappointing performance in the stock itself.

On the negative front, GMX Resources ( GMXR), down 17%, Earthstone Energy ( ESTE), down 9.9%, Constellation Energy Partners ( CEP), down 8.9%, and Recovery Energy ( RECV), down 7%, were all laggards within the energy industry with Anadarko Petroleum ( APC) being today's energy industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

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