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

IHS Markit

Canadian Natural Resources Ltd

NYSE:CNQ

Score: Neutral (49)

1 day at current score.

Upgraded from Negative on November 15th 2018

View full report here!

Summary


  • This company ranked neutral compared to the Energy sector with only 2 positive IHS Markit Categories
  • Perception of the company's creditworthiness is negative and weakening
  • ETFs holding this stock are seeing positive inflows
  • 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 | Positive

ETF activity is positive. Over the last month, ETFs holding CNQ are favorable, with net inflows of $3.03 billion. Additionally, the rate of inflows is increasing.

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 with a weakening bias over the past 1-month. CNQ credit default swap spreads are at their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.

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