Canadian National Resources Ltd. Stock
Pros and Cons of Canadian National Resources Ltd. in the next few years
Pros
Cons
Performance of Canadian National Resources Ltd. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Canadian National Resources Ltd. | -0.600% | -5.576% | 0.393% | -7.013% | -2.868% | 7.495% | 170.288% |
| Georox Resources Inc. | -2.500% | 0.000% | -23.529% | -4.878% | 69.565% | -62.857% | 200.000% |
| CGX Energy Inc. | -4.260% | -7.534% | -22.414% | -46.000% | -17.683% | -90.117% | -73.837% |
| Surge Energy Inc. | -3.620% | -7.328% | 0.000% | 22.159% | 15.591% | - | - |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Canadian National Resources (CNQ) appears to be a noteworthy player in the Oil & Gas industry, with solid financials demonstrated through recent years. After reviewing the company's annual and quarterly balance sheets, cash flow statements, and income statements, it's clear that the company has exhibited growth and stability in its financial performance. However, a deeper analysis of the financials reveals both positive and negative aspects that investors should keep in mind when evaluating this company.
Increasing Net Income: Over the years, CNQ has seen consistent growth in net income, particularly between 2021 and 2022, jumping from 7.66 billion CAD to 10.94 billion CAD. This indicates that the company is effectively turning its revenues into profit.
Growth in Total Stockholder Equity: The company's total stockholder equity has consistently increased over recent years, showcasing that the firm is able to generate value for its shareholders.
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