3. As of noon trading, Canadian Natural Resources ( CNQ) is down $0.42 (-1.4%) to $29.04 on average volume Thus far, 1.3 million shares of Canadian Natural Resources exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $28.84-$29.29 after having opened the day at $29.22 as compared to the previous trading day's close of $29.46.

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 $32.0 billion and is part of the basic materials sector. The company has a P/E ratio of 19.5, above the S&P 500 P/E ratio of 17.7. Shares are up 2.0% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Canadian Natural Resources as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, 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. Get the full Canadian Natural Resources Ratings Report now.

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