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TSE:CNQ

Canadian Natural Rsrcs (CNQ.TO)

68.93
+0.25 (0.36%)
as of Aug 26, 2026, 8:00:00 pm Market Open.
1405 watching
0
Investor Insights
star iconAug 26, 2026, 12:00 am

This summary was created by AI, based on 99 opinions in the last 12 months.

Canadian Natural Resources (CNQ) is widely recognized among experts as a well-managed company with strong fundamentals. Many reviews highlight its significant oil and gas reserves, consistent dividend increases, and ability to generate substantial free cash flow, particularly in high oil price environments. The company is noted for its stability, with a business model that allows it to perform well even when oil prices are low. While there is some caution regarding the cyclical nature of the energy sector and the current geopolitical factors influencing oil prices, experts generally view CNQ as a solid long-term investment. Some analysts suggest that caution is warranted in the short term given recent price fluctuations in oil and energy stocks overall, but the overall sentiment remains positive for long-term holders.

consensus icon
Consensus
Positive
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Valuation
Fair Value
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Similar
SU
BUY
Outlook for next 6 months is better than the last 6 months. Fire in Horizon has been a drag. This is a very well managed company. Pelican facility near slave lake is shut down because of forest fires. Is over sold right now. Production is going to ramp up.
BUY
Canadian Natural Resources (CNQ-T) or Suncor (SU-T)? Likes both of them. Suncor's Petrocan acquisition is now starting to pay off so as not as pure a resource play as CNQ. CNQ has had some fire problems with their Horizon project but seem to be well positioned. If she could only own one, it would be Suncor.
DON'T BUY
Stock is down quite a bit like most energy stocks. There could eventually be a bounce. Missed their earnings in the last quarter so he would favour others such as some of the drillers.
STRONG BUY
Premier oil company in Canada. Fire at their oil sands project has knocked out a good portion of their oil production this year. There will be an incremental increase in the 3rd quarter and another leg up in the back half of the year. Great stock, especially at this level.
BUY ON WEAKNESS
One of his favourites in large caps. Have done a great job until their problems with Horizon and getting that on stream is going to take a bit of time. There are 2 parts to the premium. 1) Middle east because of supply coming off and 2) weaker US$ issue. Weaker oil would bring the stock down so if you see it in the Mid $30's range would be a fabulous buy.
STRONG BUY
Big fire in January caused a loss of 100,000 barrels of oil a day in production. Also, they are being hit by higher taxes of the UK. (Callers comments) Brian’s model price is $55.88, a 35% positive differential. An excellent buying opportunity.
TOP PICK
Well off its peak because their results were impacted by the big breakdown in their oil upgrader. If they are in full production next year, can see them trading at about 4.5 -5 times cash flow. Also, you are getting 40-50 years of oil reserves.
BUY
Some of the oil stocks seem to be lagging the price of oil. Why? Thinks institutional investors think that these things are in a bubble and don’t believe they are going to be as profitable and commodities won’t continue moving up. He disagrees. It’s all about the US$ (which is the currency we trade globally) and its depreciation. This one is a very good buy because oil prices continue to go up.
COMMENT
This is one of the bellwether stocks in the sector. Have always tended to surprise people in a positive way. Last quarter was in line but they did improve probable reserves by about 9%. If you are a long term holder, you will make money. Always sold at a significant premium to its peers. Would be compelling at $40.
COMMENT
Had a few problems with the Horizon’s upgrader and environmental issues. Likes the story. If he is right and there is a cool off on the price of oil, there will probably be some weakness from here. If you are buying wait to see if it goes into the mid-$30’s. If you own, Hold.
BUY
We are in a bull market for oil - period. We are just starting a new cycle. There is no reason to think it will not go to or even through its old high. As long as we have easy money. Global politics could just make it get there faster. He doesn’t have a favourite oil company.
TOP PICK
(A Top Pick April 14/10. Up 22.06%.) 2/3 oil and 1/3 natural gas. Wants to be in position in case something goes wrong in the middle east. For oil exposure this is his #1 pick. Had some problems with fire at the Horizons plant but this will be back up to about 50% production this quarter and full production next quarter. Should be some info this quarter on their plans for phase 2 that will take effect some time in 2013-2014.
HOLD
Value is based on $90 oil so the longer oil stays above that, CNQ will creep up.
PAST TOP PICK
(A Top Pick April 28/10. Up 25.79%.) Sold his holdings on one of the spikes in mid-November. Likes the company and would like to get back in at some time.
BUY
Prefers over other oil sands companies because of the discount to NAV. Had a bit of a hiccup on the Horizons project and he bought on that. Longer term oil sands is getting global attention.
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