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

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 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 67 cents (-2.2%) to $29.79 on average volume. Throughout the day, 4.8 million shares of Canadian Natural Resources exchanged hands as compared to its average daily volume of 3.3 million shares. The stock ranged in price between $29.66-$30.91 after having opened the day at $30.67 as compared to the previous trading day's close of $30.46. Other companies within the Energy industry that declined today were: Renewable Energy Group ( REGI), down 20.9%, SandRidge Mississippian Trust I ( SDT), down 11.5%, ECA Marcellus Trust I ( ECT), down 11.2%, and Andatee China Marine Fuel Services Corporat ( AMCF), down 9.5%.
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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 $34.15 billion and is part of the basic materials sector. The company has a P/E ratio of 14.2, below the S&P 500 P/E ratio of 17.7. Shares are up 5.5% year to date as of the close of trading on Monday. 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, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and a generally disappointing performance in the stock itself.

On the positive front, InterOil Corporation ( IOC), up 7.9%, Cubic Energy ( QBC), up 7%, FX Energy ( FXEN), up 6.8%, and TransGlobe Energy Corporation ( TGA), up 6.5%, were all gainers within the energy industry with Anadarko Petroleum ( APC) being today's featured energy industry leader.

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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