Canadian Natural Resources LimitedCNQ was a big mover last session, as the company saw its shares rise above 5% on the day. The upside came on solid volume with far more shares changing hands than in a normal session. This continues the uptrend for the company since Sep 28, as the stock is now up more than 21%.
In the last 30 days, the company has seen one downward estimate revision and the Zacks Consensus Estimate also moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Canadian Natural Resources holds a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
A better-ranked oil exploration and production stock is Africa Oil Corp. AOIFF , which holds a Zacks Rank #2 (Buy).
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