Canadian Natural Rsrcs (CNQ.TO)

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.

Excellent company - would wait to buy around $90. Fully valued at current share price. Strong management team with excellent assets. Best company in the sector. 

He's very heavy in resources. They'll slow down, but he likes them for the long run too.

Excellent company. One of top ten holdings. Likely to have 20% dividend growth going forward. Believes energy sector at the beginnings of a bullish trend. Expecting further growth for the company going forward. Would recommend holding for 5-10 years. Excellent long term investment. Price target = $113. Very strong management team. 

Upcoming stock split won't affect performance of business. Optics can affect interest from retail investors, but overall - no difference. Business is very strong overall - with excellent management team. Major asset base. Does not own shares right now. Largest oil producer in Canada. ~1.5% of global oil produced by company. Excellent balance sheet with steady dividend growth. Founder has a lot of skin in the game (~2% or $2 Billion). 

He doesn't own any exploration & production companies, but follows the space. If he were to invest, this would be his top choice. Shareholder friendly, very good assets.

There's great demand for heavy oil due to OPEC's cuts and Mexico will export less. A phenomenal company. Excellent managers who own a lot of shares. It trades near fair value, so actually sell some shares. This will become a source of funds.

No qualms with buying. Kryptonite to unwind rally would be a reversal in price of oil. Oil is at a 52-week high, and this stock tends to trade in lockstep with it. Above-peer-quality assets, management, capital allocation, return to shareholders, and financial strength. If own, hold. If not, and you believe in the oil rally, buy on dip. Quality compounder.

Good management, executes incredibly well. Shareholder-friendly moves. Ability to make acquisitions in tough times. Oil can creep up from here. Look for a pullback, or buy 1/2 a position now and the rest later. Very stable. Yield close to 4%.