Canadian Natural Rsrcs (CNQ.TO)

Geopolitical tensions plus energy prices have driven this stock up. There will be dividend increases and 10% growth rate.

Pretty stretched along with the whole energy sector. Don’t chase it here. Futures show oil trading in the $80 range. CNQ should get margin pressures down the road. He has been avoiding the oil sector for a while now although he has been wrong.

Has some good short-term upside potential, and has been kind of leading the way in the energy sector. Its next technical resistance point is $52, and he expects it will do that fairly easily. It could easily get up to $60 or higher.

This is the quintessential energy stock that you want to own. You have oil, you have gas, you’ve got a dividend yield and you’ve got growing production. Cheaper than its peers. Yield of 1.9%.

Here’s a stock that has done extremely well. Is one of the preeminent oil companies in Canada, but at today’s prices, he would take profits. It looks reasonable going forward and is a core holding for many. Prefers SVE-T and SU-T and even TLM-T.

This one is a heavy weight in the index. There is a lot of momentum now. He would suggest that you move into it gradually.

Seems to be able to manoeuvre between the different sectors of the oil/gas market that are in favour. Well diversified between oil sands production and offshore natural gas. Well managed. You are going to see increased production come out of the Horizon plant over the next couple of years.

(A Top Pick April 15/13. Up 49.6%.) This is “best in class” large-cap in his opinion. Feels there is still $15-$20 upside in this stock in a good energy market over a 2-3 year period.

Energy has had a good run and the caller is probably thinking right in dialing back a bit. Likes this. This is Canada’s largest integrated oil/gas producer. Even though it has a good growth profile, it is trading a bit cheap at this stage.

There is a chance of a better entry point so he would be a little patient. Tends to react in a volatile sort of way to price changes in energy.

Strong run from the start of the seasonal period. Actually picked up as early as January. But we broke below the trend line now. He doesn’t see a lot of upside in oil stocks.

Oil is at $100 a barrel, which he doesn’t understand as the world is swimming in oil. Looking at a company like this and when the commodity is stretched, he wants to make sure the company has a lot more going for it because he doesn’t really like the underlying commodity. The company is doing some good things and he feels the stock price is a little stretched here. There are better things to buy if you are looking at the oil patch and looking for a bigger dividend.

Having a great year. He owns Suncor (SU-T). Oil is probably right where it should be right now. Might be a little elevated with what is going on in Russia, but he doesn’t expect oil to go a lot higher.

Stock vs. Stock: CPG or CNQ. He doesn’t like saying one stock is better than the other. There is that chatter in the market place that they may not be able to cover the dividend.

They are now benefiting from investments they made along the way. Wonderful unexploited Nat Gas assets. Differentials are narrowing and it means better profits for this one. Could be a great core holding in a portfolio.