Canadian Natural Rsrcs | StockChase
1251
Canadian Natural Rsrcs (CNQ-T)

Last Price Recorded: $48.1600 on 2018-05-19

ON STOCKCHASE SINCE Oct 2000

70% oil 30% gas

oil/gas
1251
Canadian Natural Rsrcs (CNQ-T)

Last Price Recorded: $48.1600 on 2018-05-19

ON STOCKCHASE SINCE Oct 2000

70% oil 30% gas

oil/gas

Canadian Natural Rsrcs


Signal Opinion Expert
TOP PICK

Reporting earlier this month with YOY sales up 40%. Free cash flow grew 300% to $1.4 billion. RBC noted that on a $70 WTI, CNQ will generate $70 billion cash flow in 2019. They could buy back stock. Its cash flow will outpace the
sector's. Expect 25-45% upside with rising oil prices. (Analysts' price target $54.37)

oil/gas

Reporting earlier this month with YOY sales up 40%. Free cash flow grew 300% to $1.4 billion. RBC noted that on a $70 WTI, CNQ will generate $70 billion cash flow in 2019. They could buy back stock. Its cash flow will outpace the
sector's. Expect 25-45% upside with rising oil prices. (Analysts' price target $54.37)

oil/gas
Robert McWhirter

President, Selective Asset Mana...

PricePrice
$48.160
Owned Owned
Yes

COMMENT

Sold off today when Shell sold its shares. The deal was done at a 3% discount, but the whole energy patch sold off today ahead of Trump's Iran announcement. She would consider this stock. Trump pulled out of the Iran deal--but the EU didn't. Oil has had a good rally, but in Canada with the lack of pipelines (like the TransMountain deadline), she won't add much oil to her portfolio until this situation is clarified.

oil/gas

Sold off today when Shell sold its shares. The deal was done at a 3% discount, but the whole energy patch sold off today ahead of Trump's Iran announcement. She would consider this stock. Trump pulled out of the Iran deal--but the EU didn't. Oil has had a good rally, but in Canada with the lack of pipelines (like the TransMountain deadline), she won't add much oil to her portfolio until this situation is clarified.

oil/gas
Christine Poole

CEO & Managing Director, GlobeInvest Capital ...

PricePrice
$44.430
Owned Owned
No

BUY on WEAKNESS

There has been a rally in the stock recently buy now increase in model value – currently at $45.88 (implying it is fair valued now).  He would wait for a pull back. 

oil/gas

There has been a rally in the stock recently buy now increase in model value – currently at $45.88 (implying it is fair valued now).  He would wait for a pull back. 

oil/gas
Brian Acker, CA

Chief Executive Officer, President and Chief Inves, Acker Finley Inc....

PricePrice
$46.580
Owned Owned
No

BUY

Benefitting from rising oil prices. Sold in mid-2015 given oil concerns. Maybe he sold too early. Wonderful management. Will see a ton of free cash flow as oil prices rise. Dividend nearly 3%.

oil/gas

Benefitting from rising oil prices. Sold in mid-2015 given oil concerns. Maybe he sold too early. Wonderful management. Will see a ton of free cash flow as oil prices rise. Dividend nearly 3%.

oil/gas
Barry Schwartz

CIO & Portfolio Manager, Baskin Wealth Manage...

PricePrice
$45.960
Owned Owned
No

PAST TOP PICK

(A Top Pick January 23/17 Up 17%) This is the elephant in the industry.  It is a high-quality company.  The heavy oil differential has still hurt them despite the improvement in oil prices.  Still a core position.  He thinks the differential discount will get fixed, especially once Line 3 is completed on Enbridge.

oil/gas

(A Top Pick January 23/17 Up 17%) This is the elephant in the industry.  It is a high-quality company.  The heavy oil differential has still hurt them despite the improvement in oil prices.  Still a core position.  He thinks the differential discount will get fixed, especially once Line 3 is completed on Enbridge.

oil/gas
Bill Harris, CFA

Portfolio Manager, Avenue Investment Ma...

PricePrice
$44.300
Owned Owned
Yes

COMMENT

Everybody loves this stock. They produce about 10% of Canada’s total production. This is one of the best performing names in the industry. Management will probably see $2 to $3 billion of free cash flow this year, which they can use to pay down debt and buy back shares or pay dividends. He sees this as a core holding in the large cap portion of a portfolio.

oil/gas

Everybody loves this stock. They produce about 10% of Canada’s total production. This is one of the best performing names in the industry. Management will probably see $2 to $3 billion of free cash flow this year, which they can use to pay down debt and buy back shares or pay dividends. He sees this as a core holding in the large cap portion of a portfolio.

oil/gas
Josef Schachter

President, Schachter Asset Mana...

PricePrice
$41.350
Owned Owned
Unknown

BUY

Everything in Canadian oil is a purchase. Just buy and hold your nose for two years. This is the large-cap oil player he stays away from, but is well-run. They are buying long-life assets from Americans, but paying depressed prices. This
will pay off in the long term.

oil/gas

Everything in Canadian oil is a purchase. Just buy and hold your nose for two years. This is the large-cap oil player he stays away from, but is well-run. They are buying long-life assets from Americans, but paying depressed prices. This
will pay off in the long term.

oil/gas
John O'Connell, CFA

Chairman and CEO, Davis Rea...

PricePrice
$39.610
Owned Owned
No

PARTIAL BUY

The dividend looks pretty safe.  63% all-in payout ratio.  It has a really good balance sheet.  They have 9% production growth and only trade in line with peers.  Oil is risky but there are tail winds.  He thinks it is time to nibble.

oil/gas

The dividend looks pretty safe.  63% all-in payout ratio.  It has a really good balance sheet.  They have 9% production growth and only trade in line with peers.  Oil is risky but there are tail winds.  He thinks it is time to nibble.

oil/gas
Greg Newman

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$40.500
Owned Owned
Unknown

TOP PICK

Most of their CAPEX is behind them, so they're enjoying cash flow, paying down debt and increasing their 3.6% yield. Not very expensive. Doing selective acqusitions. Will do even better when the gas price returns. (Analysts' price target $51.83)

oil/gas

Most of their CAPEX is behind them, so they're enjoying cash flow, paying down debt and increasing their 3.6% yield. Not very expensive. Doing selective acqusitions. Will do even better when the gas price returns. (Analysts' price target $51.83)

oil/gas
Jim Huang

President, T.I.P. Wealth Manage...

PricePrice
$38.360
Owned Owned
Yes

COMMENT

CNQ-T versus SU-T. They both rank well in his model.  In a rising interest rate world, energy stocks do well.  CNQ ranks slightly higher as share earnings will grow 100% in 2018 with a 16 times P/E.  He does not own either stock.

oil/gas

CNQ-T versus SU-T. They both rank well in his model.  In a rising interest rate world, energy stocks do well.  CNQ ranks slightly higher as share earnings will grow 100% in 2018 with a 16 times P/E.  He does not own either stock.

oil/gas
Robert McWhirter

President, Selective Asset Mana...

PricePrice
$40.570
Owned Owned
Unknown

TOP PICK

He is constructive on the oil price.  As demand season picks up here and as differentials narrow, it will be good for them.  The free cash flow is going north.  They are through the Horizons build.  They had a 20% dividend increase.  The stock is down year to date, so it is a good level to be accumulating.  (Analysts’ target: $51.94).

oil/gas

He is constructive on the oil price.  As demand season picks up here and as differentials narrow, it will be good for them.  The free cash flow is going north.  They are through the Horizons build.  They had a 20% dividend increase.  The stock is down year to date, so it is a good level to be accumulating.  (Analysts’ target: $51.94).

oil/gas
Ryan Bushell

President, Newhaven Asset Manag...

PricePrice
$38.630
Owned Owned
Yes

HOLD

Good long-term core position. Increased their dividend. The business is doing fine. All energy stocks have come off lately, but CNQ is one of the best ones.

oil/gas

Good long-term core position. Increased their dividend. The business is doing fine. All energy stocks have come off lately, but CNQ is one of the best ones.

oil/gas
Douglas Kee

Chief Investment Officer, Leon Frazer & Associ...

PricePrice
$39.290
Owned Owned
Yes

BUY

This is the only large-cap oil company he owns. He has preferred CNQ and Suncor for a while, as the two large-cap oil companies to own. CNQ is a better business than Husky Energy. It has a better cash-flow than Husky.

oil/gas

This is the only large-cap oil company he owns. He has preferred CNQ and Suncor for a while, as the two large-cap oil companies to own. CNQ is a better business than Husky Energy. It has a better cash-flow than Husky.

oil/gas
Bryden Teich

Portfolio Manager, Avenue Investment Ma...

PricePrice
$39.780
Owned Owned
Yes

HOLD
Canadian Natural Rsrcs(CNQ-T) 

February 15, 2018

Focused on heavy oil and acquisition related growth.  They garner the most international interest.  He took profits on CNQ-T recently but it is a great core name to own.  RDS-N holds $4 Billion in CNQ-T and at some point he thinks they will put it back into the market.  He would wait for that block to trade if it was going to, but who knows when.

oil/gas

Focused on heavy oil and acquisition related growth.  They garner the most international interest.  He took profits on CNQ-T recently but it is a great core name to own.  RDS-N holds $4 Billion in CNQ-T and at some point he thinks they will put it back into the market.  He would wait for that block to trade if it was going to, but who knows when.

oil/gas
John Zechner

Chairman, J. Zechner & Assoc...

PricePrice
$39.020
Owned Owned
No

WATCH
Canadian Natural Rsrcs(CNQ-T) 

February 13, 2018

She is not buying energy now because of her overall negative view of the Canadian energy market at this time. If she was going to buy at this time, she would buy a large producer and she would specifically prefer CNQ because it is well diversified, has a very strong balance sheet, and she likes its management.

oil/gas

She is not buying energy now because of her overall negative view of the Canadian energy market at this time. If she was going to buy at this time, she would buy a large producer and she would specifically prefer CNQ because it is well diversified, has a very strong balance sheet, and she likes its management.

oil/gas
Christine Poole

CEO & Managing Director, GlobeInvest Capital ...

PricePrice
$38.620
Owned Owned
No

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