We're taking a closer look at Canadian Natural Resources today, as the chatter surrounding the stock has increased notably in the last few weeks. Today, its shares moved -1.1% compared to -1.0% for the S&P 500. Increased investor interest and volatility surrounding the stock are not reason enough to buy in -- you should first perform your own due diligence. Here are some figures that can get you started:
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Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs).
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Canadian Natural Resources has moved 11.6% over the last year compared to 19.9% for the S&P 500 -- a difference of -8.3%
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CNQ has an average analyst rating of buy and is -11.6% away from its mean target price of $72.94 per share
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Its trailing 12 month earnings per share (EPS) is $4.84
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Canadian Natural Resources has a trailing 12 month Price to Earnings (P/E) ratio of 13.3 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $6.0 and its forward P/E ratio is 10.7
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CNQ has a Price to Earnings Growth (PEG) ratio of -21.39, which shows the company is fairly valued compared to its earnings.
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The company has a Price to Book (P/B) ratio of 1.77 in contrast to the S&P 500's average ratio of 2.95
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Canadian Natural Resources is part of the Energy sector, which has an average P/E ratio of 8.53 and an average P/B of 1.78
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Canadian Natural Resources has on average reported free cash flows of $10.8 Billion over the last four years, during which time they have grown by an an average of 14.3%