Canadian Natural Rsrcs (CNQ.TO)

Oil has been weak in recent days over concerns of Chinese demand and stockpiles in the U.S. Kamala Harris could pressure oil companies as she has done in the past, so he's watching that. Most of the turbulence in oil is merely noise, but you can collect the dividend.

Good time to buy if under weight in portfolio within energy. However, company is fairly value. Nevertheless, company is a great long term hold. Strong assets and very good management.  

Energy stocks in Canada have been a challenge. Big run at start of the year, rolling over since then. Disappointing, given that price of oil holding nicely above $80 USD. Peaked around $56, steady stream of lower highs. 

Now looking for how it acts around $50. Broke $50 in June, traded down to $45 and bounced, hit $50 and started to stall. If it were to climb back up through $50 in a meaningful way, would be really encouraging. But when you see an old support become a new resistance, especially a big round number like $50, and it fails, that becomes a new concern that it's still under distribution and not ready yet.

In the short term, one stock will lead and one will lag. It's not something he really focuses on because he's a long-term holder, not a trader. Great assets with long-term life, wall of free cashflow, incredible management, and Murray Edwards still owns a gigantic stake in the company. 

Sees many more years of share buybacks and growing production. Gushing money right now, so share buybacks make a lot of sense, especially if production is going to grow over the long term.

Wildcard is oil and natural gas prices. Oil above $80 or even $70 is very profitable for CNQ. Stock's run up a lot, so perhaps investors are rotating into cheaper alternatives. Yield is 4+%.

One of the best-in-class energy producers in Canada. Has done incredibly well since Covid lows. Caught up in being a little over-owned and overbought. Suffered from June's crystallizing of capital gains. Normally trades at a premium to the group, now back in line. A buying opportunity.

Still bullish. Stock's around her target of $49, but she believes it's fairly valued. Street consensus ratcheted up to $58-62, another 20% higher from here. 8/10 on fundamentals and technicals. Yield is 4%.

Excellent senior producer. Diversified across natural gas, crude oil, oil sands. Though underlying commodity prices tend to be cyclical, company has great track record of buying assets out of favour and focusing on areas when there's growth. 

Strong balance sheet. Quite attractive yield around 4.5%. Great long-term investment for exposure to the exploration base in Canada.

Likes the chart. 200-day MA trending higher, stock price has held above the 200-day having tested it twice this year and bounced off. He continues to accumulate at this level. Medium-term, oil price should continue higher. Strong financial performance and management. Yield is 4.2%, robust, and shareholder-friendly share buybacks.

A newish holding for him. He bought during a pullback, as it became more compelling. No better name in Canada for stability, lends ballast to his portfolio. Massive inside ownership. Management laser-focused on operations and execution. All free cashflow being returned via buybacks. An OK yield of 4.3%, though there are better names just for yield.

Good outlook despite a risk of falling to $40. He's bullish oil and natural gas.

(Note the short timeframe.) Likes the chart. Bought on the breakout, and the stock's performing as hoped. Large breakout, minimal pullback.

Owns shares of company. Very strong business that has excellent assets. Current valuation is very cheap. Strong dividend yield. Excellent management team with a large amount of skin in the game. 

Blue chip, high quality. Shares correcting a bit. Strong operations, well managed, impressive yield. Cyclical, so results can be volatile from time to time. Pretty good free cashflow with current oil price, and he expects price to remain high. Met debt target last year, now returning cashflow to shareholders.

Buy here, add on further weakness.

You can buy this for oil and gas exposure and it should do well with oil trending up. It has been consolidating for the past two years at around $45. Sell if it goes below $40.

Very good company, but does not own shares. Hard to predict energy prices - unsure on whether oil prices will remain high. Better options for investors in the market. However quality name with good assets, balance sheet, dividend, management and profits.