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Canadian Natural Resources (CNQ) [hlAlert]

Rating:
Buy CNQ
down 31.91 %

Canadian Natural Resources (CNQ) rated Buy with price target $38 by Stifel

Posted on: Thursday,  Mar 14, 2013  9:25 AM ET by Stifel

Stifel rated Buy Canadian Natural Resources (NYSE: CNQ) on 03/14/2013, when the stock price was $31.36. Since
then, Canadian Natural Resources has lost 31.92% as of 01/08/2016's recent price of $21.35.
If you would have followed this Stifel's recommendation on CNQ, you would have lost 31.91% of your investment in 1030 days.

Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company?s crude oil and natural gas operations are focused in North America, largely in Western Canada; the United Kingdom portion of the North Sea, and Cote d?Ivoire and Gabon in Offshore West Africa. Within Western Canada, the Company is developing its Horizon Oil Sands Project (the Horizon Project) in a series of staged development phases (Phases). The Horizon Project is designed to produce synthetic crude oil through bitumen mining and upgrading operations. Also within Western Canada, the Company maintains certain midstream activities that include pipeline operations and an electricity co-generation system.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/14/2013 9:25 AM Buy
None
31.36 38.00
as of 12/13/2013
1 Week up  0.99 %
1 Month up  4.95 %
3 Months up  2.20 %
1 YTD up  3.34 %

(*) Stock Price at the time of the recommendation.
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