Canadian Natural Stock To Go Ex-dividend Tomorrow (CNQ)

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.

NEW YORK ( TheStreet) -- The ex-dividend date for Canadian Natural Resources (NYSE: CNQ) is tomorrow, March 14, 2013. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $31.14 as of 10:07 a.m. ET, the dividend yield is 1.5%.

The average volume for Canadian Natural has been 3.2 million shares per day over the past 30 days. Canadian Natural has a market cap of $34.22 billion and is part of the basic materials sector and energy industry. Shares are up 8.5% year to date as of the close of trading on Tuesday.

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas liquids (NGLs), and natural gas. The company has a P/E ratio of 21.1, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Canadian Natural as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Canadian Natural Ratings Report.

See our dividend calendar or top-yielding stocks list.

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