Markets
CNQ

Canadian Natural Resources (CNQ) Jumps: Stock Rises 5.2%

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).

Is CNQ going up? Or down? Predict to see what others think: Up or Down

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

CDN NTRL RSRCS (CNQ): Free Stock Analysis Report

AFRICA OIL CORP (AOIFF): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

CNQ AOIFF

Other Topics

Investing Stocks

Latest Markets Videos