Canadian Natural Rsrcs (CNQ.TO) Buy, Sell or…

Canadian Natural Rsrcs (CNQ.TO)

68.48

-0.45 (0.65%)

as of Oct 6, 2026, 8:00:00 pm Market Open.

1407 watching

WAIT

Senior one that he sold in the last month. Has really liked it and owned for a decade. Will probably go back to it. Half oil/half gas. Well managed. Wait until Greece is settled.

HOLD

This is his favourite in the energy space. Largest Canadian producer in terms of daily production. 33% exposure to the oilsands. This and Suncor (SU-T) are the 2 cheapest of the 4.3 price to cash flow ratio. As this company becomes a producer of net free cash flow, you'll see either share buybacks, acquisitions and probably dividend increases.

SHORT

He is still Short this stock and he thinks it is going down to lower levels. The oil sands folks are having a hard time getting the right price for their oil with the bottlenecks in the system. 30% of their revenues are coming from conventional gas assets.

BUY

This is a company that thinks very differently. Over the oil cycle it is very consistent, kept costs down and is well-managed. They consistently think about return on invested capital when they make decisions on their businesses.

BUY

In the penalty box right now because of some of the problems it has had in its start-up of Horizon. Great company. Has loads and loads of production growth ahead of it. Very reasonable valuation.

TOP PICK

At the lower end of its valuation of 4.5X next year's cash flow. Has a bit of refining and conventional. Really good at allocating capital. Great growth story and a low-cost producer.

COMMENT

This has not been one of his favourites over the years because they have had problems with their oil sands project. The numbers coming out of that sector have improved dramatically recently. Right now he is in a “wait and see” position.

BUY ON WEAKNESS

He is not a big fan of oil at this time. He would look to get in at $28-$29.

WATCH

Broken trend line in early 2011 and this was followed by sell off. Started another up trend but we are now into another trend line down. The chart indicates that it is developing a W formation, one of the hottest formations there is. If the stock can hold current levels at around $30, there is a good chance it will reverse again.

TOP PICK

Likes it being 65% N.A. crude and for their involvement in the oil sands. Crude prices should stay in the $90-$100 range. They are bear on natural gas but decided to focus more on crude but are ready to ramp up Nat Gas. Thinks they will increase dividends as they raise production. There was an outage at Horizon but they restarted it back in March. You have to focus on what they have done long term.

BUY ON WEAKNESS

One of his favourite names. Fundamentals for oil look the best of any commodity. You can wait on this one and buy a little bit later. If you want to put money to work, he would be inclined to put it into Cenovus (CVE-T) or Suncor (SU-T) because they have the integrated side, which will be reported because of the defensive nature.

BUY

5 to 10 years from now this will be a much bigger company and the stock price will be significantly higher. Trading at 4.5X cash flow. Great growth prospects. You want to buy this when the world is negative.

SHORT

He is short this one and expects it to fall further. They have good assets and are a good company. But they have to sell oil at a low price. Strong production but a difficulty in marketing at the right price. A number of refineries down currently. A number of these oil companies are higher cost enterprises so discounted oil prices are bad for them.

BUY

Long-term buy. Again had some problems with Horizon, which gives it a cheap entry point. Should go at least to the high $30’s.

BUY

Seems part of their plant seems to blow up from time to time and problems moving oil to where it is needed. Believes Keystone will get built as well as a pipeline going west. The problems that have held back the stock are a complex process but he feels the earnings are going to be solid with today’s oil prices. A great time to enter.

Showing 826 to 840 of 1,732 entries

Most Recent Experts

Kim Bolton

Black Swan Dexteritas

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Jim Cramer - Mad Money

CNBC

The Monthly Gems by Allan Tong

Stockchase

Larry Berman CFA, CMT, CTA

ETF Capital Management Inc.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Halloween Sale

Canadian Natural Rsrcs (CNQ.TO)