TSE:CNQ

Canadian Natural Rsrcs (CNQ.TO)

64.93
-1.85 (2.77%)
as of Aug 4, 2026, 8:00:00 pm Market Open.
1402 watching
0
Investor Insights
star iconAug 4, 2026, 12:00 am

This summary was created by AI, based on 97 opinions in the last 12 months.

Canadian Natural Resources Limited (CNQ) has received mixed reviews from various experts. Many praise its strong management, stable cash flow, and consistent dividend growth, highlighting it as a reliable long-term investment in the energy sector. However, there are concerns regarding the cyclical nature of oil prices, with several analysts expressing caution about the long-term outlook for crude oil and suggesting potential headwinds from increased EV adoption and regulatory challenges. While short-term volatility is acknowledged, many experts believe CNQ's financial strength and diverse asset base position it well for the future. Overall, it is frequently noted as a solid choice for those looking to invest in the Canadian energy market, with a notable emphasis on the importance of oil price stability for CNQ's performance.

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Consensus
Hold
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Valuation
Fair Value
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Similar
Suncor,SU
PAST TOP PICK
(A Top Pick Jul 20/21, Up 87%) Energy still drastically undervalued. Global demand is building for energy, while the capacity has been curtailed. He'd continue to recommend this name within the group.
BUY
Recent special dividend was excellent for shareholders. Excellent management team led by N.Murray Edwards. Trading at 22% free cash flow yield. Expecting a 80% upside, but better names out there with potential higher returns.
BUY
If a selloff gets deep enough, it takes even the leaders down. It's rallying more than the market itself. Energy is his biggest weight. Valuations are exceedingly low. Enormous resource base, great infrastructure. Excellent entry point. If he had to buy one oil company, this would be it.
HOLD
He prefers CNQ to SU in the large cap space, as it's a more disciplined capital allocator.
WAIT
The energy sector has come off in the past month but could stay fairly strong depending on the slow down in the economy. Trading is based on commodity prices. Wait for a pull back. Central banks in Asia are actually starting to cut rates to stimulate the economies.
PAST TOP PICK
(A Top Pick Aug 30/21, Up 69%) Very well managed, offering broad exposure to Canadian oil. Energy has been under-invested since 2015. Earnings should be $11 EPS. This stock can be well over $100. They paid down their debt, so they could buyback shares. Will raise their dividends. This will continue to do well if oil prices remain high.
HOLD
Go-to name when global investors want more exposure to oil. Strong balance sheet. High quality. 6x earnings, huge cashflow this year. Could correct back to mid-low $60s, a good entry point. Yield is 4%.
COMMENT
Stock split? He wouldn't know the odds. They've done them in the past. It's usually done by the high-share-price companies to broaden their investor base. CNQ is not at a crazy high price, but never say never. Splits don't change the fundamentals.
COMMENT
Rather than a company doing both fossil and green energy, better to find a pure play energy, or a pure play renewable. For energy, look at EOG or CNQ. Try BEP.UN for renewables.
BUY
Very well managed company, but valuation is higher than other opportunities. Currently expecting a 7x multiple on the stock price (65% upside). Thinks there are more opportunities with higher appreciation opportunities.
STRONG BUY
It's one of his biggest energy holdings. He started buying this last October and he continues to buy it. No one can predict the outcome of the Russia-Ukraine war. Has 11% free cash flow and pays a 3.8% dividend yield. A great hedge in this market.
BUY
Oil and gas are really good businesses. Cashflow used to pay down debt, increase dividends, and buy back shares. Though oil is volatile, price will stay elevated, producing tons of free cash. Energy security will become more important going forward, making Canadian oil more valuable.
TOP PICK
It is a great asset and very well managed. The near term price and crude prices will continue regardless of the Ukraine/Russian conflict. The balance sheet is solid and it is able to make acquisitions. It is shareholder friendly with buybacks and dividend increases. Long life asset with low decline rate. A blue chip stock. Buy 17, Hold 7, Sell 0.
BUY
Trading at 19% free cash flow yield. Excellent management team led by Murray Edwards. Not as much value for shareholders compared to other Canadian energy companies.
BUY
Raised dividend 22 years in a row, having its day in the sun. Great CEO and is the safest play in the oil patch. If oil prices stay here, could go higher.
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