Canadian Natural Rsrcs (CNQ.TO)

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. 

Very high quality company. Excellent management team. Expecting return of capital to shareholders. Very good balance sheet, with strong asset base. Expecting cash flow per share to rise. Oil prices appear stable. Expensive compared to peers - but very good name to buy. Recent weakness, a good time to buy. 

This was another question on which company she prefers.. They are both doing well. Her company owns CNQ which has a very good, conservative management team and good assets. It buys assets at rock bottom prices and has a good mix. They can now pay back 100% of free cash flow to investors. WCP is light oil which has a higher decline rate but the management team is doing well making the wells last longer.

Loves management team. 15% compounder going back 20+ years. Increases dividend every single year. Does he know where oil prices are going? No. Buy it here? Yes. Special dividend? Only if oil goes to $90-95 and stays; otherwise, will just maintain dividend and buy back stock.

They've reduced debt so much so now they return 100% of cash to shareholders. Great assets and managers. Buybacks can be sporadic, though. The dividend absorbs the volatility in oil prices.