Should You Buy Canadian Natural Stock Amid Current Valuation or Hold?
Canadian Natural Resources(CNQ) ZACKS·2024-12-05 13:00
Canadian Natural Resources Limited (CNQ) is one of the largest independent energy companies in Canada, engaged in the exploration, development and production of oil and natural gas. However, its performance this year has been relatively modest with a 1.3% gain year to date (YTD). This places CNQ behind the broader oil and energy sector, which has grown 8.7%, and its sub-industry, which has risen 4.7%.Compared with its peers within the Canadian Oil and Gas Exploration and Production sub-industry, CNQ has und ...