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Canadian Natural Resources Limited (CNQ): A Bull Case Theory 

We came across a bullish thesis on Canadian Natural Resources Limited on Focused Investing’s Substack. In this article, we will summarize the bulls’ thesis on CNQ. Canadian Natural Resources Limited's share was trading at $40.59 as of February 17th. CNQ’s trailing and forward P/E were 17.43 and 20.08 respectively according to Yahoo Finance.

[caption id="attachment_1003184" align="aligncenter" width="768"] Photo by Zbynek Burival on Unsplash[/caption]

Canadian Natural Resources Limited (CNQ) has declined alongside other Canadian producers amid market concerns about...