TSE:CNQ

Canadian Natural Rsrcs (CNQ.TO)

62.85
-2.08 (3.20%)
as of Aug 5, 2026, 8:00:01 pm Market Open.
1402 watching
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Investor Insights
star iconAug 5, 2026, 12:00 am

This summary was created by AI, based on 97 opinions in the last 12 months.

Canadian Natural Resources (CNQ) is regarded as one of the best-managed companies in the Canadian energy sector, known for its disciplined management, diverse asset base, and consistent returns to shareholders through dividends and buybacks. Many analysts highlight its strong cash flow generation capability, allowing it to be profitable even when oil prices dip to as low as $40-$50 per barrel. While the overall sentiment about the long-term price of oil remains bearish, with predictions suggesting lower prices in the coming years, experts agree that CNQ's operational efficiencies and low-cost production give it a competitive edge. Despite short-term price volatility linked to fluctuating oil prices, the consensus is that CNQ remains a solid investment for long-term holders, albeit with caution regarding entry points. The stock is well-positioned to weather market cycles, but timing purchases based on oil price movements is recommended.

consensus icon
Consensus
Hold
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Valuation
Fair Value
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PAST TOP PICK
(A Top Pick July 22/09. Up 16.21%.)
BUY
Really good at execution. Brought Horizon in on time and on budget. Excellent management. If you are a long-term investor and interested in the oil play, this is a good stock to own.
COMMENT
Probably the best long-term hold in the energy sector. Management has proven over and over again operational strength. Horizon project is fully ramped up now and they are talking about in the next phase having a diverse proof of assets that they can draw on with very high returns. Generating significant free cash flow. Buying back shares and reducing debt. Buy when oil prices are pulling back.
BUY ON WEAKNESS
More oil than gas and have been very successful in wrapping up the Horizons oil sands project. Looking for an entry point closer to $35. Likes both near-term and long-term prospects.
TOP PICK
Very strong management and the company is well positioned. Good balance sheet and cash flow.
COMMENT
Chart shows that this has been moving sideways for quite some time. Not exciting in terms of a catalyst for the stock. Has broken below both the 200 and 50 day moving averages. Yield of 6.94%. With the problems in the Gulf, the spotlight is now on the oil sands. Very neutral on this one.
BUY
Good reserves and in a politically stable area. Got sold down dramatically in the past few weeks. Great buy here.
PAST TOP PICK
(A Top Pick July 9/09. Up 14%.) Covered Call. Buy at $53.65 and write 01/2010 Calls at $7.25.
WEAK BUY
Warm towards companies with oil sands projects.
BUY
In the middle of its trading range. In a somewhat positive up trend. This is a wait and see. It is on the radar. They are well regarded in the analyst community. Is going to go up $3 very quickly.
BUY
Plan to partner with the Alberta gov’t. It surprises him that Gov’ wants to get into that business. Well-managed company.
BUY
If you look at any oil stock of 5 or 10 years, you see we have just started a new cycle. You will be fine on this one. Volatility is going to be high. Canada has what the rest of the world needs.
WEAK BUY
They are coming closer to the end of their big cap x program and are buying back shares. Over the next 5 years they could become a reasonable dividend payer. It’s something to watch.
BUY
Valuation is good. Growth is good with the horizon project. Likes the sector and the positioning. At the low end of the trading range. Lower because of the Petro Can integration by Suncor.
TOP PICK
If you want an oil weighted portfolio, this would be a core holding. Incredible cash machine and solid growth. Will grow and have production of about 640,000 barrels per day. Should throw off about $3 billion in terms of cash flow over the next couple of years.
Showing 946 to 960 of 1,717 entries