
P/E Ratio Insights for Canadian Natural Res

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Canadian Natural Resources Inc. (NYSE:CNQ) shares are currently trading at $33.86, reflecting a slight decrease of 0.15%. The stock has seen a 0.82% decline over the past month but a 7.94% increase over the past year. The company's P/E ratio stands at 14.62, lower than the industry average of 21.13, suggesting potential undervaluation or lower growth expectations. Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative factors for informed decision-making.
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