In this article, we’ll be summarizing a bullish thesis posted on VIC regarding Canadian Natural Resources Limited (CNQ) in late July when the stock was trading at $34.43. Currently, CNQ stock is trading at $34.84, which shows that the stock hasn’t moved much since the publication of this thesis. Nonetheless, CNQ stock is now trading at a forward PE ratio (non-GAAP) of 14.12, and the stock is trading at 2.92 times, forward sales estimates.
With its long-life, low-decline asset portfolio, offering greater flexibility and resilience than conventional exploration and production (E&P)...
Create a free account, or log in to read the full article
No credit card required.
We may use your email to send marketing emails about our services. Click here to read our privacy policy.