Canadian Natural Rsrcs (CNQ.TO)

Currently underweight in oil and gas. Financially strong. Good at returning capital to shareholders with dividend increases and buybacks.

There is lots of upside potential but the Fair Market Value (FMV) is slipping a bit and it is trading near a multi-year high. He prefers the junior oil and gas stocks since they are much cheaper with better upside potential. They also come with more volatility.

Premier play to add energy exposure. Good valuation, lots of free cashflow, more stable than lots of other E&P companies out there especially those in natural gas. Large, liquid, dividend growth. 

Paid 23 years of dividend increases. It's Canada's top gas producer with exposure to LNG. really likes it. Dipped below $70 briefly and rarely does to that level, but can still buy around $80 and collect the 4.5% dividend. A core holding for him.

ESG is treating big oil companies like pariahs. So big oil is buying back shares, keeping capex flat, increasing dividends, and paying down debt. And the bigger companies throw off a lot of free cash as oil price goes up.

Very good company that owns shares in.
Excellent management team.
Shares have out performed S & P 500 in 2022.
Good for long term investors.
Demand will continue to rise for energy.
~4% dividend yield that has never been cut (even in Covid-19).

Very strong management team with Murray Edwards.
Trading at premium.
Excellent dividend yield that is very strong.
Great energy company for the long term shareholder.
Low risk investment. 

It has very strong management which knows how to guide the company over the long term. It has made acquisitions in distressed companies in its sector. The dividend of 5.2% is very safe regardless of oil prices. Has a great balance sheet with amazing free cash flow and has raised dividends for 23 years in a row. It will use extra free cash flow for specific dividends and share buybacks. Has over 30 years of reserves.   Buy 15  Hold 8  Sell 0

Still owns shares in company.
Continues to see upside in the company.
Energy prices will remain strong.
Target price of $92 per share.
Two decades of increased dividend payments.
Healthy yield of ~4.5%.
Best in energy sector. 

These big companies have been treated poorly by the Canadian government and are disparaged by parts of the world. They've all paid down debt, bought back shares, increased dividends, and kept capex low. Oil prices will probably remain high over the longer term, and these companies will benefit.

The price reacts quickly to commodity prices. It has long life assets and is reducing debt and is very interesting as a dividend growth stock. The oil sector has corrected over the past few months. 

Likes it very much, a huge oil producer with some natural gas production. Pays a 4.5% dividend--it's a cash cow. Also bought back $5.6 billion of shares in the past 12 months and aren't adding debt to do it. In fact, debt levels are strong. Executives own a lot of shares. Can buy at current prices though it's showing lower highs and lower lows recently, but he expects prices to climb