TSE:CNQ

Canadian Natural Rsrcs (CNQ.TO)

63.76
-2.46 (3.71%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
1398 watching
0
Investor Insights
star iconJun 5, 2026, 12:00 am

This summary was created by AI, based on 93 opinions in the last 12 months.

Canadian Natural Resources (CNQ) presents a mixed outlook among experts, with many praising its robust management and long-life assets. The company benefits from its low breakeven point and solid free cash flow generation. However, concerns about the price of oil and geopolitical influences weigh on sentiment, leading to recommendations to consider trimming positions after a notable run-up. While analysts highlight the strong dividend record and favorable fundamentals, there is caution as the energy sector faces pressures from potential oversupply and regulatory challenges. Overall, CNQ is viewed as a solid long-term hold with strong recovery potential in favorable market conditions.

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Consensus
Hold
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Valuation
Fair Value
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COMMENT

Great Canadian name. Down about 44% from the beginning of the year. Has just had a rally.

DON'T BUY

He would not be a buyer at this time of oil sands companies

TOP PICK

Probably the most disappointing oil/gas stock in Canada in the 1st half of the year. Ran into problems on natural gas prices and more problems on the widening differential on the heavy oil and to top it all off ran into problems with their Horizon’s unplanned shutdown. Natural gas has improved a little, heavy oil differential has come down very sharply and they are back up to full production on Horizon. Trading below NAV.

TOP PICK

Very cheap. People were concerned that none of the oil sands companies would make any money because oil was going down to $60 a barrel and even if they could produce it profitably, couldn't get it out of Alberta. One way or another the government is going to make sure that Alberta can move its oil. No reason it can't be $45 in 12 months.

DON'T BUY

Falling stock. Thinks oil will soften. Drilling rigs will see to it.

BUY

(Market Call Minute.) Very cheap. Has suffered with declining crude.

BUY
(Market Call Minute.) Excessively cheap with price to cash flow of 4 times.
BUY
He has just bought some of this. Great company and very well run. A very large US seller has been selling it like crazy and he thinks he may have exhausted himself. If he gets up to $32-$33, he would sell half. It could get to $50 again.
BUY ON WEAKNESS
Another beat up Canadian oil stock that is finally starting to show some signs of trying to bottom. His guess is that this stock will do like the other energy stocks and is going to start showing some good technical signs of upward movement from late this month through until the first week in October.
HOLD
Getting $65 long-term oil, well below what the median price needs to be for industry to replace production and declines to grow reserves. They need $70 for a 10% rate of return. Very good balance sheet.
BUY
Canadian Natural Resources (CNQ-T) or Suncor (SU-T)? Has been extremely disappointed in CNQ. You could say it hasn’t done as well as Suncor because of technical problems with their upgraders and some outages, but that’s not the case any more. Thinks it’s negative market sentiment. In his view this is the better Buy and is really inexpensive here.
PAST TOP PICK
(A Top Pick July 26/11. Down 35.61%.) Still likes. The key factor that has influenced this in the last year has been oil prices, oil differentials and a couple of operational slip ups. Sees pretty significant upside potential in the next 12-18 months. Would start to get worried at around $75 oil.
DON'T BUY
He is Short this stock. Not a comment on the quality of the business but just the wrong place to be right now. Has relatively high fixed costs and there is weakness in oil prices.
BUY
This, ETF for an oilsands play or a US oil or forget about oil altogether? This one is a very good way to play the oil patch. Chart seems to indicate we are at the bottom at around $30. Her favourite company in oilsands would be Suncor (SU-T), which is cheaper. (See Top Picks.)
COMMENT
Great company but gas and oil prices have dropped, which is the difficulty. Fabulous company with great reserves, which are growing. Solid management. This is one you want when the market turns.
Showing 766 to 780 of 1,703 entries