Canadian Natural Resources Ltd (CNQ): Today's Highlighted Performer In Energy

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 up 1.1%. By the end of trading, Canadian Natural Resources rose 89 cents (2.9%) to $31.53 on light volume. Throughout the day, 2.2 million shares of Canadian Natural Resources exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in a price between $30.51-$31.57 after having opened the day at $30.68 as compared to the previous trading day's close of $30.64. Other companies within the Energy industry that increased today were: GeoGlobal Resources ( GGR), up 44.4%, BMB Munai ( BMBM), up 11.6%, Renewable Energy Group ( REGI), up 9.1%, and ECA Marcellus Trust I ( ECT), up 7.7%.
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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 $33.35 billion and is part of the basic materials sector. The company has a P/E ratio of 17.7, equal to the S&P 500 P/E ratio of 17.7. Shares are up 6.1% 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 three 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 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.

On the negative front, Camac Energy ( CAK), down 8.4%, Cubic Energy ( QBC), down 7.4%, Recovery Energy ( RECV), down 6.4%, and Genie Energy ( GNE), down 4.7%, were all laggards within the energy industry with Oil States International ( OIS) 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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