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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 $0.42 (-1.2%) to $33.10 on average volume. Throughout the day, 2,352,616 shares of Canadian Natural Resources exchanged hands as compared to its average daily volume of 2,115,300 shares. The stock ranged in price between $32.80-$33.42 after having opened the day at $33.38 as compared to the previous trading day's close of $33.52. Other companies within the Energy industry that declined today were: PostRock Energy ( PSTR), down 6.9%, Isramco ( ISRL), down 6.6%, Dejour Energy ( DEJ), down 6.2% and Recovery Energy ( RECV), down 4.7%.

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 $36.0 billion and is part of the basic materials sector. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7. Shares are up 16.1% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Canadian Natural Resources a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Canadian Natural Resources as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, Gastar Exploration ( GST), up 18.9%, Miller Energy Resources ( MILL), up 9.4%, Syntroleum Corporation ( SYNM), up 7.0% and Sinopec Shanghai Petrochemical Company Limi ( SHI), up 6.2% , were all gainers within the energy industry with Phillips 66 ( PSX) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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