Canadian Natural Rsrcs (CNQ.TO)

Everyone's metrics are based on $72 oil, and just look where oil's at. He loves this stock, but his call is that oil will probably come down (he could be wrong).

Valuation still isn't bad. Profile for Canadian oil vs. international oil is really good, given our nation-building projects and support. Don't sell, even if everything else goes up. Good insurance policy, and still a really good long-term stock.

Great way for investors to own long-life Canadian assets. Cash-generating machine. Paid down debt. Returning basically 100% FCF to investors. A more growthy oil sands story, plus opportunities for gas. We're at the beginning of a long bull market in energy.

Operates in a politically safe environment. Stay at home and buy this one. 

It just raised their dividend which has happened for 26 years in a row. There has been a big run-up in energy stocks but a lot of this had alrready happened  before the war with Iran started. It's time to take some profits.

Overall, SU is on the right trajectory and run efficiently. CNQ does have the nat gas component, so if that price appreciates we may see a bump in the stock price.

Consider investing in both. Both provide stable dividends, backed by the price of oil. Both were doing quite well even before the Iran conflict, which has just added to the performance. Remember that diversification is key.

Don't sell (just trim if your position is large). One of the best oil companies in this country. Great management, good acquirers. Good cost control.

Master-class operation. Disciplined management -- acquisitions are only made when make economic sense for the long haul. Concentrated in oil sands. Massive nat gas reserves. Well positioned if Canada continues to walk the talk about international markets.

The right one to have, but realize that O&G is highly cyclical. We're probably at peak uncertainty. Use the opportunity to find areas that have been beaten up, or perhaps some international exposure. See his Top Picks.

Profitable down to low $50's WTI. Great story. Decades of inventory. Good balance sheet. 7% shareholder returns. Nothing not to like.

Energy's benefited from the "everything else" trade. Also a pop from possible conflict with Iran. Thinks oil price will be challenged going ahead. Owns and loves this name, but wouldn't add.

It's jumped from $40 to $52 quickly. The best-run company in the world and one of the best oil ones. However, valuations leapt while the yield dropped from 5.5% to 4.3% quickly. Catch this under $50. All Canadian energy is up because of the rising oil price which is not sustainable.

Top-tier company. Dividend increases every year since it started paying one over 20 years ago. Stable income stream. Low-cost producer, profitable at $40 oil. Not overly bullish on long-term oil prices, so this is a good play against that backdrop.

Again, we're in phase 2 of the market cycle. The 5-year chart shows the stock's corrective phase, and now it's starting to turn back up. At the end of this year or early next, companies will be moving their product around and they'll need fuel, which will fuel :) the demand for energy.

Likes it fundamentally, his analyst rates it "Outperform". Technically, set up to move higher. Yield is 4.77%.

Without question, extremely well run. But valuation's very full, so he doesn't see meaningful upside from here. Yield is 4.8% (which is "fine").

He'd recommend FRU or WCP.