TSX:CNQOil and Gas
A Look At Canadian Natural Resources (TSX:CNQ) Valuation After Venezuela Upheaval And Recent Analyst Downgrade
Canadian Natural Resources (TSX:CNQ) is back in focus after the ouster of Venezuelan President Nicolás Maduro. This shift could affect heavy oil trade flows and the competitive positioning of Canadian producers.
See our latest analysis for Canadian Natural Resources.
The Venezuelan news and the recent Evercore ISI downgrade have arrived during a weak patch for the stock, with a 7.47% year to date share price decline and a 2.24% dip in 1 year total shareholder return. This contrasts with a...