Mar. 9 at 4:57 PM
Earnings beat for
$CNQ, but is the stock a safe bet? 🤔
CNQ reported Q4 adjusted EPS of 59 cents, beating the Zacks Consensus Estimate of 53 cents, but lower realized oil and NGL prices hurt the bottom line. Despite increased production, it carries a Zacks Rank #5 (Strong Sell).
Complete risk/reward breakdown here 👉 https://www.zacks.com/stock/news/2881118/canadian-natural-q4-earnings-beat-estimates-expenses-decrease-yy?cid=sm-stocktwits-2-2881118-body-36599&ADID=SYND_STOCKTWITS_TWEET_2_2881118_BODY_36599