Canadian Natural Rsrcs (CNQ.TO)

Broke out from the old lid, consolidating. Not zooming for the moon, but the pattern is that it's not breaking down. If oil moves as he thinks it will between now and May/June, this will probably be one of the leaders, as it's been one of the leaders in a rather crummy market for oil stocks. Yield is 4.52%.

They grow by buying companies, but not doing that now. It's a steady producer. They've raised their dividend 23 years in a row, and have a reserve life index of 32 years, so they can take their time. They will mee their debt target and return capital to shareholders. CNQ holds up well even if the oil price declines.

Excellent management team with very strong track record of capital allocation. Long dates assets give investors lots of opportunities. Energy demand will continue with rise in demand for oil and gas. Currently no alternative to oil and gas - will result in high profits. 

Not always a 1:1 tracking with the commodity price. Sometimes investor appetite for a name. Great name. Pricey compared to peers. He'd favour TOU or SU for its valuation. Oil will have its day, and CNQ will be fine. Don't worry.

The recent pullback has been largely due to the pressure in energy prices. The company itself has not had any materially negative news. Energy prices can be volatile, but we think fundamentally CNQ is still a great operator with disciplined capital allocation. CNQ is trading at 10.3x Forward P/E, and generating healthy cash flow, which is being paid out as special dividends and buybacks. We would be okay adding some here.
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Very well run company with excellent assets. Attractively priced at 10x cash flow per share. 

A remarkable success story in global oil & gas. The best-run in this business. That's why the stock has done well. Will continue to grow, though at a slower rate than the past 40 years. Are also a major natural gas producer. They buy companies at barn-sale prices with their healthy balance sheet.

It made a new high a year ago and then consolidated last year. It generates huge amounts of cash, pays down debt, and has very long life assets. It pays a great dividend with 20% dividend growth and 20% earnings growth.     Buy 18  Hold 8  Sell 0

Has been fairly flat. He owns and prefers SU in the senior sector. He also likes the mid-caps a bit better.

He's bullish energy stocks and is overweight them. If you're long-term, you can buy CNQ anytime. It's one of the best-managed oil patch companies..

Owns shares in company. Return of capital structure has been excellent for shareholders. Among lowest cost producer in Canada. Very strong management team that is owner/operated. Good for long term investors. Expecting dividend yield to rise. 

Checks all the boxes. Most widely owned name in Canada. Has done phenomenally well. Fair multiple is 7x, yet trades at 6.5x. Sees only 9% upside, not enough in such a volatile sector. He sold in early November.

Oil is the safest of all the resource categories. Here are 2 names that will let you sleep at night.

Big fan of CNQ: best in class in execution, quality assets, aristocrat in dividend growth. 

TOU doesn't give the upfront, regular dividend, but has been generous with special dividends. Capable of delivering in high single-digit range in terms of total yield.

Really likes. So much free cashflow has let them crush their debt. Increasing dividends over next 2-3 years. Everything's pointing to a good oil market, and CNQ's capital structure is in place. Best in class.