Related posts
Nervous markets await NvidiaThis summary was created by AI, based on 87 opinions in the last 12 months.
Canadian Natural Resources (CNQ) is widely recognized as one of the best-managed oil and gas companies in Canada, with a strong focus on returning cash to shareholders via dividends and buybacks. Despite facing challenges such as fluctuating oil prices, tariffs, and regulatory uncertainty, many experts appreciate its impressive asset base and long-life reserves, which provide a stable foundation for future growth. The company maintains a substantial dividend yield, often cited as sustainable, and is perceived as a solid long-term investment. While current market conditions have led to a correction in share price, several analysts believe it represents a buying opportunity and expect positive momentum as energy demand rebounds.
About 27% natural gas. Not sure exactly what their breakeven on oil price is, probably ~$52 or so. Oil's come down quite a bit on Saudi moves and global demand issues. Trades at a premium (7x) to peers (5x). Good production profile this year. Cashflow per share growth. Really good balance sheet, as is payout ratio.
If you think oil's going to $70-80, go ahead and buy. He's not so sure about that. Other places are easier to invest.
Sold off on concerns about Canada, what if another Liberal gets in, tariffs on energy, and exposure to the WCS differential. His fund has to be more sensitive to short-term moves, so he sold and harvested a decent tax loss. So you could sell and buy, say, CVE.
For most retail investors, it's a name you can just sit on. One of the deepest resource bases, rock-solid management team, yield is 6.1% (extremely sustainable). Usually it's defensive.
Ottawa for the past 10 years hasn't given much clarity about exploration; the whole industry has been wondering what they can and cannot do. However, in this election, all parties are talking about using our natural resources, refine them here, then export them abroad. We need clarity to buy a stock like this. The dividend is high because they CNQ can't grow, a sit and wait situation where they're dying a slow death. He hopes regulatory clarity comes later this year. CNQ is the biggest and best of the group.
Core holding, along with SU and TOU. Of oil & gas, gas is probably the better bet right now with LNG coming onstream. Trump says a lot of things and, on the broken-clock theory, some of it may be accurate. But you can't just turn on the tap.
Considerable underinvestment in oil for a while, particularly in Canada. PM Carney is no particular friend of the sector. If onshoring of all this production comes back to America, they're going to have to power it somehow. And there won't be enough windmills, nuclear plants, or solar panels to do it.
If she could make this a Top Pick again, she would. Very high conviction on its future. Premier oil company at a discounted price. One of the best management teams in the world. Premier assets and cost structure. Consistently good acquisitions at a good price that are accretive. Strong record of share buybacks and dividend increases.
Revenues are slightly down YOY, but that's a function of oil prices being down. Likes the 60/40 mix of gas to oil.
Loves it as one of the biggest oil & gas producers. Strong mix of crude, nat gas, and synthetic oil. Production set to grow 12% in 2025. Counting on new Trans Mountain to boost profit. 9/10 on value, 8/10 on fundamentals. US tariffs are a risk, along with unpredictable oil prices.
Paying down debt, strong balance sheet. Chevron assets expected to add nicely to FCF profile. Solid pick for steady cashflow. Yield is 5.5%, reliable.
Concerns about economy, sentiment around energy stocks is lower, oil prices are weak as well. He sold. Long-term, makes sense to own oil and energy. 200-day MA is flat, trending slightly down. Price now below 200-day. Down 26-27% from recent highs. Technicals don't look great. Yield is ~5.65%.
SU is the only true energy name in his portfolio.
He owns a lot of shares. It's sold off because Canada is for sale since January due to Trump tariffs; energy is for sale again because of oil tariffs; CNQ is exposed to these factors. US shale production is peaking in the next 2 years, as will non-OPEC supply growth. So, there will be massive demand for companies with deep reserves as the demand for oil grows. It trades at 6.4x cash flow at $70 oil, an 11% free cash flow yield; and a 9% cash return (dividend + share buybacks). This is massively oversold.
The only oil stock he owns. Earnings this morning were pretty good. Cyclical business, but has never cut dividend. Well run, low-cost producer. Good upside and good downside protection.
One of the great energy companies in NA, great runway. Long-life reserves. Will be in decent shape even if oil prices soften; break-even is ~$40 WTI. Yield is 5+%.
We would be fine buying, though we do not think it would need to be all at once. We would focus on CNQ, SU, TOU for producers.
Unlock Premium - Try 5i Free
Canadian Natural Rsrcs is a Canadian stock, trading under the symbol CNQ-T on the Toronto Stock Exchange (CNQ-CT). It is usually referred to as TSX:CNQ or CNQ-T
In the last year, 177 stock analysts published opinions about CNQ-T. 59 analysts recommended to BUY the stock. 59 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Canadian Natural Rsrcs.
Canadian Natural Rsrcs was recommended as a Top Pick by on . Read the latest stock experts ratings for Canadian Natural Rsrcs.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
177 stock analysts on Stockchase covered Canadian Natural Rsrcs In the last year. It is a trending stock that is worth watching.
On 2025-05-02, Canadian Natural Rsrcs (CNQ-T) stock closed at a price of $40.04.
Is one of the best-managed companies in Canada. All oil stocks have pulled back, so this is an opportunity. Lots of growth potential through the Oil Sands. Pays a 5.76% dividend.
(Analysts’ price target is $50.74)