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

Canadian Natural Rsrcs (CNQ.TO)

78.42

+1.37 (1.78%)

as of Oct 30, 2026, 8:00:00 pm Market Closed.

1411 watching

TOP PICK

A Top Pick about a year ago and is up 30%. Still thinks it has legs. Developing the Horizon oil sands project, which is expected to come on in the 3rd quarter and should generate a lot of cash flow. About 45% natural gas so will get a kick from any increase in gas prices. Great management.

Wealthica Track your Stocks in your Watch List

DON'T BUY

Would probably be his top pick in the senior Canadian oil picture. Estimates are for $80-$83 oil in 08 and 09. On this basis, you could see a pullback on stocks such as this, particularly as they have flat production and flat cash flow in 08 over 07. $60-$65 would be his Buy target.

PAST TOP PICK

(A Top Pick Feb 7/07. Up 21%.) Recently sold his holdings at a higher amount. Would go back in at around $60.

HOLD

Horizon, a major new tar sands project, is coming on in 2008. Company has a massive land spread. Have global operations. A great story.

BUY

One of the few large-cap global companies where you can see a growth path that is spelled out over the next 5 years. You have very little concern that they are not going to be able to deliver. With the Alberta royalty review having come in, they are cutting back their expenditures in Alberta by a large amount. This pullback is a buying opportunity. Great oil sands exposure, exposure in the North Sea and offshore West Africa.

COMMENT

Has been acting very poorly in the short-term. Strong Cdn$ has hurt them in spite of stronger oil prices. Also big in natural gas. Costs overruns in the oil sands have hurt them as well. If a short-term investor, there could be further weakness but for long-term investors it is a great company and they have great assets.

HOLD

Slipping because of 1) drop in the price of oil and 2) their plan on substantially slowing down their oil sands expansion plans because of the staggering costs. FMV is triple the current price but short-term, the price will remain weak.

BUY

(Market Call Minute.)

DON'T BUY

(Caller) Horizon project is 85% complete and are on target for the 3rd quarter of 2008 for another 100,000 BOEs. Have an extensive hedging program towards natural gas prices. (Brian) Hasn’t owned it for quite some time because it is either trading at or below his model price which is currently $67.23. A negative 8%.

TOP PICK

Has done better than straight exploration/production companies. A big gas play. Really well run, and widely diversified.

HOLD

Loves this one. Management owns a lot of shares themselves. Currently building the Horizon oil project. Provincial tax changes are putting pressure on them. Has a great platform between offshore Africa, North Sea and Canada. Price could drop to the mid-$60's if the market weakness continues.

TOP PICK

Best managed oil/gas in Canada. Has a good mix geographically and product. Its oil sands project Horizon comes on stream in the 3rd quarter of 08. Market is not giving it full value for this.

BUY

Really likes this one.

TOP PICK

Still likes it. A core holding. Nothing has changed. Their horizon project coming on in the Mid next year. Natural gas inventory, which will pay off when the prices come around.

PAST TOP PICK

Then $65.34 A core holding. Still likes the stock.

Showing 1,156 to 1,170 of 1,736 entries

Most Recent Experts

Jim Cramer - Mad Money

CNBC

Brianne Gardner

Raymond James

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Darren Sissons

Campbell Lee & Ross

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

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].

Canadian Natural Rsrcs (CNQ.TO)