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.

consensus icon
Consensus
Hold
valuation icon
Valuation
Fair Value
review icon
Similar
SU
BUY
A must own stock. The big driver of this is Horizon, which will generate about $3 billion in free cash flow over the next 3 years.
TOP PICK
Probably one of the best managed oil/gas companies in Canada. Sorted out some of the production problems they had late 2010 on their Horizon project. Produced 72,000 barrels a day in January, up to 82,000 in February and looking for 100,000-105,000. Production goal is 110,000. Just raised their dividend.
PAST TOP PICK
(A Top Pick May 12/09. Up 32.85%.) Still likes. One of his largest oil weightings. Good growth prospects.
BUY
Likes its position and its Horizon project. Has heavy oil and natural gas. Multiple is still relatively inexpensive. Balance sheet is in good shape.
PAST TOP PICK
(A Top Pick June 30/09. Up 31.22%.) Starting to break out of its range. Still a Hold.
BUY
All oils in Canada look fantastic. There has been a nice pullback as well as a good rotation out of natural materials into banks. His model price is $95.89, a 27.5% upside.
BUY
Oil leveraged and has been very successful in wrapping up their oil sands production on the Horizons project, which should provide future growth for them. 1st phase of 100,000 BOE's with a target of 500,000. Likes the long-term fundamentals. Recent News release indicating a stock split. 0.8% yield, which they have room to increase.
DON'T BUY
Gas focused so has languished a little. Probably has good value if gas recovers but he is concerned given the advent of shale gas and gas prices could stay low for a long time. His approach would be to buy the energy sector through an ETF.
BUY
Growing production quickly and generating significant free cash flow. Just increase the dividend 45% and will be doing a stock split.
TOP PICK
Had some production issues at the new Horizon project but seem to have those sorted out. Production has been up in January and February and targeting 110 thousand barrels a day out of Horizon alone. Will be generating huge amounts of cash flow and sees cash flow growing to $13-$14 a share next year. Just announced a dividend increase and he sees more of those coming. 1/3 gas and 2/3 oil.
TOP PICK
Produces a wall of cash. Oil sands as well as conventional oil and gas. Very profitable last quarter. Very well managed. Will go from 100,000 bpd up to 500,000 from oil sands with virtually unlimited resource life. 2/3 rds oil / 1/3 rd gas, which he likes. Just raised the dividend 45%. They are going to split their stock and do stock buy-back.
COMMENT
Good company, good management. For the long-term, 2 years-5 years you will definitely make money. Energy always tends to be tied to a strengthening economy. Short term, it could get a little worse.
BUY
Will be throwing off huge cash flows $20-$25 in 2-3 years from their Horizon project and the company will be debt free. The cash could be used for dividend increases but likely for acquisitions and share buybacks. (See Top Picks.)
COMMENT
(Market Call Minute.) Good company. Prefers Crescent Point CPG-T).
BUY
One of the strongest names and can easily be $85. A stock split would be positive for the name. Would suggest picking it up on weakness. Tremendous torque to heavy oil and the horizon project. It has been a tremendous cash generator.
Showing 961 to 975 of 1,703 entries