TSE:CNQ

Canadian Natural Rsrcs (CNQ.TO)

64.93
-1.85 (2.77%)
as of Aug 4, 2026, 8:00:00 pm Market Open.
1402 watching
0
Investor Insights
star iconAug 4, 2026, 12:00 am

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

Canadian Natural Resources Limited (CNQ) has received mixed reviews from various experts. Many praise its strong management, stable cash flow, and consistent dividend growth, highlighting it as a reliable long-term investment in the energy sector. However, there are concerns regarding the cyclical nature of oil prices, with several analysts expressing caution about the long-term outlook for crude oil and suggesting potential headwinds from increased EV adoption and regulatory challenges. While short-term volatility is acknowledged, many experts believe CNQ's financial strength and diverse asset base position it well for the future. Overall, it is frequently noted as a solid choice for those looking to invest in the Canadian energy market, with a notable emphasis on the importance of oil price stability for CNQ's performance.

consensus icon
Consensus
Hold
valuation icon
Valuation
Fair Value
review icon
Similar
Suncor,SU
BUY
Lots of upside potential. Fair market value is well over $160. Technically the oil index has been acting quite well to boot. CNQ runs into some technical resistance at about the $74 level, so it has to clear that hurdle and then should move on to a fairly nice run after that.
TOP PICK
One of the cheapest in the world in terms of production along with Talisman (TLM-T) and Encana (ECA-T). Will continue to buy on any pull backs.
TOP PICK
A very well run company with a lot of opportunity for further growth. Still the cheapest on the large caps. At current levels, you're getting their Canadian oil sands project for free. Horizon has a lot of investment that has to come forward with 1st production in 2008.
WAIT
Would wait a little bit. They have some cost issues. They're cheap relative to their larger cap peers, but coming from the Horizon project, would wait a little further. Would prefer something like Devon (DVN-N).
WAIT
Would consider adding to their portfolio if they had any room for more energy stocks. Because of the season, would wait.
TOP PICK
Recent drop is an opportunity to buy. Still cheap. At an average of $45 for oil, they will cash flow $16.50 this year. Should trade around a 5 multiple. Historically it has been slightly over 5. Over high 4's gives $80. That doesn't include Horizon, their oil sands project which will be about $12 a share which you are getting for free right now.
BUY ON WEAKNESS
Have done a fabulous job. They are replacing their declines which some of the big boys are not. Has had a great move from the $40's to almost $75. If it backed off below $60, and the S&P/TSX Capped Energy (TTEN-I) was at $210 it would be a fabulous buy.
BUY
His model price of $84 suggest even higher valuations to come. Have taken quite a bit off the table.
BUY
When a group becomes a leading group in a market, volatility will increase which means the risk level is going up. The recent pull-back is symptomatic of this and creates an opportunity to buy.
TOP PICK
Likes the energy space and this is one of the cheapest intermediate producers. Sells at 4 X cash flow. Likes the Horizon project. Has a lot of global assets.
HOLD
Taken a little bit of profit but still serious holders.
DON'T BUY
Oil strategic reserve is almost filled and once you get into the seasonal low of the 2nd quarter, feels that oil wil more likely settle back into the $40 range. Likes the company. Has some good growth profiles. The biggest risk is the Horizon project. Will be a major capital expenditure if they go ahead with it. Would take some money off the table if he owned.
BUY
Not enough refining facilities. Large oil sands exposure. Doing well. Will be volatile.
TOP PICK
(A Top Pick Dec 31/04. Up 34%.) Likes the energy space.
BUY
Positive on the price of energy, including oil, gas, uranium, etc. The demand is not going away and there are supply constraints. Very important to have exposure to this sector.
Showing 1,381 to 1,395 of 1,717 entries