Canadian Natural Rsrcs (CNQ.TO)

*Short* A pairs trade with BTE-T. Any good news you could possibly get is already priced in. (Analysts’ Target: $49.64).

An excellent Canadian company. Its track record is impeccable. He is looking at this as a potential additional oil name as he adds more to his oils. If oil stays north of $50, this stock is going to go well north of $50. When the world wakes up to Canada and Canadian oil, this will be one of those “go to” names.

(Market Call Minute.) A solid company. He liked their close to 9% dividend increase in the last quarter. They’ve had 16 straight years of dividend increases.

A great company. With their projected cash flow, because of the increase in production from Horizon, they are going to be in a free cash flow position in a year or 2. The CEO has done wonders with this company. This is one of the 2 best managed energy companies in Canada. He would like to see it pull back a bit.

One of the better managed oil companies. Good balance sheet with very good assets underpinning their Horizon Oil Sands project, as well as good gas assets. They’ve put themselves in a very good position to generate a lot of free cash flow in the next couple of years, as long as oil stays above $45-$50. This should be one of the core holdings in your portfolio.

(A Top Pick Sept 1/15. Up 51.58%.) He would be a little hesitant to buy this at over $40 for new accounts. It is one of Canada’s best run companies, and will continue to be one of the foremost companies in the oil patch.

(Market Call Minute.) If you believe that energy has legs, this is the highest quality name. (See Top Picks.)

This is one that a person should own for the long-term. One of the best, and always has been, in the Canadian market. You have to be patient and hold it long-term.

(And CPG-T). In the short term, oil is headed down. It should never got as low as it did and then never as high as it did. He is not in any hurry to add an oil stock. He would prefer CPG-T at some point in the future.

Canadian Natural Resources (CNQ-T) or Crescent Point (CPG-T)? He likes both. Although he owns Crescent Point, he wouldn’t argue you out of this one. It is gassier being about 50% oil and 50% gas.

He does not know where oil and gas prices are going. He does not operate in the mining and resource areas. If you are breaking even then you might consider selling.

Suncor (SU-T) or Canadian Natural Resources (CNQ-T). Doesn’t own this, but it is on his potential Buy list. Thinks very highly of management. If he had to choose just one, he would probably go with this.

Doesn’t own any oil/gas producers. Got out of them in 2015. This and Suncor (SU-T) are the 2 best run oil/gas companies in Canada. For conservative portfolios, 1 or 2 of them could find a place in your portfolio. He is not over the moon about buying oil/gas stocks at $48 oil.

Has owned this for a long, long time. Management has done a really good job. They have consistently delivered. If you want a large cap oil play in Canada, this is one of them. Think of this as your stable stock, and if you have a really strong view on oil, you may want to own a mid-cap name where you will get much better returns.

Canadian Natural Resources (CNQ-T) or Vermilion (VET-T)? Both are core holdings. 2 different sizes with this one being a very large Senior. Both oily but this one is primarily driven by the growth of its Horizon Oil Sands projects through the next phase 2 and 3 which will derive significant free cash flow by 2018. Likes them both.