TSE:CNQ

Canadian Natural Rsrcs (CNQ.TO)

63.89
-1.04 (1.60%)
as of Aug 5, 2026, 2:38:20 pm Market Open.
1402 watching
0
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
valuation icon
Valuation
Fair Value
review icon
Similar
Suncor,SU
WAIT
At $55 oil, it is 4.4 X next year's cash flow but would like to see the price of oil stabilize before buying.
BUY
Bullish on commodities. This should be quite a good performer in the next year.
PAST TOP PICK
(A Top Pick Oct 20/05. Up 17%.) Has some great properties. There is some softness in its price as the market has doubts about its costs on their Horizon project.
BUY
A gassy play. Has some heavy oil exposure which sells at a discount, but feels that North American gas looks the best it has been.
HOLD
Premier company for oil in North America. Generate tons of free cash flow. Extremely well managed. A big company, so not a lot of growth.
HOLD
Good company and assets. A lot of these companies have been moving sideways. Costs have really got out of control. Not expecting a lot of these stocks to go roaring back to their old highs.
PAST TOP PICK
(A Top Pick Aug 18/05. Up 8.2%.) A huge oil sands project that comes on in 08. They are about 40% done and are ahead of budget.
PAST TOP PICK
(A Top Pick June 12/06. Up 8%.) Still likes.
PAST TOP PICK
(A Top Pick June 8/06. Up 11%.) A mixture of oil and gas with the Horizon project still coming. Well-managed. Contain costs. Asset value is probably $80. Would buy more at $55. A hold.
PAST TOP PICK
(A Top Pick Sept 6/05. Up 4.8%.) This was a gassy play and that was not worry you wanted to be. Continues to like it. Well-run. Good price.
BUY
What drives the sector now is the “forward price” of oil. Oil and stock prices now have about a 95% correlation. This is a very valuable property in the oil sands. Arguably the lowest cost producer.
PAST TOP PICK
(A Top Pick July 21/06. Up 30.2%.) Still buying.
COMMENT
His “fair market value” is outstanding at more than 3 X the current price, but the market won't pay for that because it doesn't believe these oil prices.
BUY
With the price of energy reaching new highs, a lot of these companies are cash flowing a lot of money.
BUY
A very good company. Gives you very good exposure to oil. Reasonable price.
Showing 1,231 to 1,245 of 1,717 entries