U.S. Markets closed

See what the IHS Markit Score report has to say about Canadian Natural Resources Ltd.

IHS Markit

Canadian Natural Resources Ltd

NYSE:CNQ

View full report here!

Summary

  • Perception of the company's creditworthiness is negative
  • Bearish sentiment is low
  • Economic output in this company's sector is contracting

Bearish sentiment

Short interest | Positive

Short interest is extremely low for CNQ with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CNQ.

Money flow

ETF/Index ownership | Neutral

ETF activity is neutral. ETFs that hold CNQ had net inflows of $580 million over the last one-month.

Economic sentiment

PMI by IHS Markit

There is no PMI sector data available for this security.

Credit worthiness

Credit default swap | Negative

The current level displays a negative indicator. CNQ credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.

Please send all inquiries related to the report to score@ihsmarkit.com.

Charts and report PDFs will only be available for 30 days after publishing.

This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.