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TSE:CNQ

Canadian Natural Rsrcs (CNQ.TO)

68.76
+0.08 (0.12%)
as of Aug 26, 2026, 1:40:20 pm Market Open.
1405 watching
0
Investor Insights
star iconAug 26, 2026, 12:00 am

This summary was created by AI, based on 99 opinions in the last 12 months.

Canadian Natural Resources (CNQ) has gained recognition among various experts for its robust management, consistent dividend increases, and strong operational performance in the oil and gas sector. Many reviewers endorse it as a well-managed company with a solid balance sheet and low-cost production capabilities, making it a reliable choice for both income and growth within a diversified portfolio. While some analysts express concerns about the volatility of oil prices and their potential impact on CNQ's stock performance in the short term, the general sentiment is that CNQ remains a leading player in Canadian energy with significant reserves and production growth potential. A few experts highlight that in the context of rising geopolitical tensions and supply chain issues, CNQ's operational strength positions it favorably for long-term investors, though they caution about potential short-term fluctuations. The consensus is largely optimistic about CNQ’s ability to weather market cycles due to its low debt levels and commitment to shareholder returns through dividends and buybacks.

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Consensus
Positive
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Valuation
Fair Value
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Similar
SU
BUY
CNQ-T and SU-T are where it is at. CNQ-T just keep growing and growing. They bought the Devon assets. Their debt is a bit high but they have a massive cash flow. The key thing is that they are buying back stock with their cash flow. They think their stock is cheap and they will be paying down debt. Tax loss selling may pull the stock down so it can be bought cheaper.
BUY
He has been buying it for clients at current levels. He thinks you might be able to get it cheaper. There will be volatility due to the commodity price. Free cash flow is massive. They are buying back stock and paying the dividend.
STRONG BUY
Pays a 4.05% dividend. A terrific company. They're buying back stock steadily which will eventually increase the stock price. They're paying off a big acquisition quickly. A definite buy, but they face the headwind of a challenging time for Canadian oil. His top choice in Canadian energy.
COMMENT
SU vs PKI? The two go to stocks in the energy space are CNQ and SU. We are eventually going to have a big consolidation in the energy space, there are too many small players now. SU is a solid company, he would prefer it.
COMMENT
Option trade with uncertainty in Canada? Do a covered call or write a put. If you sell a put, you must buy the stock at a certain price, so you can set a price point to enter the position. If a covered call, you're buying the stock, selling a call and capping your upside but reducing your cost base. The premiums on CNQ are in the top 25% of Canadian option premiums. Don't buy options on it now.
TOP PICK

Pays a 4.5% yield at a compelling valuation, yet offers free cash flow. CNQ could raise dividends and buyback shares. Among the better energy stocks. (Analysts’ price target is $44.10)

DON'T BUY

Sell or wait before Monday's election? Owning CNQ and SU He owns no oil stocks, but CNQ and SU are good. He sees no relief for oil stocks after the election, which could result in a coalition government. Doesn't see pipeline problems lifting.

COMMENT
They bought a lot of oil sands assets. They bought back a lot of stock also. He thinks their stock is cheap. Their debt is high but still well regarded.
BUY
It ranks quite well in his dividend model (top 15) but earnings estimates have been shaved in the last 90 days, yet free cash flow has grown. He is quite positive and this one should be able to participate on the commodity upside.
PAST TOP PICK
(A Top Pick Sep 26/18, Down 13%) You would have thought this stock would have been up given results so you are getting it on sale. See his Top Picks
TOP PICK

He prefers it over SU-T. They have all kinds of free cash flow. They increased the dividend almost 50% in the last three years. They bought all kinds of assets over the last few years at fire sale prices. If you own one Energy stock, this is the one. (Analysts’ price target is $45.32)

BUY ON WEAKNESS
It is always a buy close to book value. In the low $30s it makes sense. They are buying back their stock aggressively. This will be an astute investment if we get back to $70-$100 oil. The stock has upside. They are generating a lot of free cash flow.
BUY
Pays nearly a 4% dividend. CNQ is one of the best-run oil companies, but he doesn't own oil.
TOP PICK
If oil prices live in this range and the differentials get fixed overtime, this company generates so much cash flow it holds no debt in 4 years time very conservatively, he thinks. Yield 4.45% (Analysts’ price target is $45.32)
COMMENT
Doesn't own any energy right now, but if she had to pick one, this is a good choice. Diversified, strong balance sheet, and has been increasing dividend all along. Dividend is safe. A good long-term, conservative play. Yield is over 4%.
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