
TSE:CNQ
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
(Analysts’ price target is $91.08)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
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).