Canadian Natural Rsrcs

CNQ-T

TSE:CNQ

38.54
0.34 (0.87%)
Canadian Natural Resources Limited, or CNRL or Canadian Natural, is a Canadian oil and gas exploration, development and production company, with its corporate head office in Calgary, Alberta.
More at Wikipedia

Analysis and Opinions about CNQ-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
March 23, 2021
(A Top Pick Mar 04/20, Up 21%) He'll own this for a long time and will still buy it in the low-30s. They increased their dividend last year and for the last 30 years or so. Super management enduring in a tough environment. Managers focus on free cash flow.
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(A Top Pick Mar 04/20, Up 21%) He'll own this for a long time and will still buy it in the low-30s. They increased their dividend last year and for the last 30 years or so. Super management enduring in a tough environment. Managers focus on free cash flow.
Ryan Bushell
Price
$36.110
Owned
Yes
DON'T BUY
DON'T BUY
February 9, 2021

He prefers Suncor, rumoured to be held back by massive selling by the Saudis. He expects SU to outperform CNQ. CNQ outperformed last year. Its valuation is better than SU, but he expects SU to outperform.

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He prefers Suncor, rumoured to be held back by massive selling by the Saudis. He expects SU to outperform CNQ. CNQ outperformed last year. Its valuation is better than SU, but he expects SU to outperform.

Eric Nuttall
Price
$32.510
Owned
Unknown
BUY
BUY
February 8, 2021

The whole reflation trade is a trade. Oil stocks have been beaten down for a while. For a trade, the energy price pop is good. However, as a long term trend, they are not investable since there is a move away from traditional energy. He has no preference between CNQ or SU. He is overweight energy right now.

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The whole reflation trade is a trade. Oil stocks have been beaten down for a while. For a trade, the energy price pop is good. However, as a long term trend, they are not investable since there is a move away from traditional energy. He has no preference between CNQ or SU. He is overweight energy right now.

COMMENT
COMMENT
February 5, 2021

He would prefer SU for the dividend but there is risk that it will be cut. CNQ is a little more natural gas as well.

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He would prefer SU for the dividend but there is risk that it will be cut. CNQ is a little more natural gas as well.

Jaime Carrasco
Price
$32.280
Owned
_N/A
TOP PICK
TOP PICK
December 11, 2020
We have been going through a unique time when the small cap players outperform the large caps. You can own large caps with the likelihood of upside fairly large. At $50 oil, they are trading at a 16% free cashflow yield and 23% at $60. (Analysts’ price target is $33.77)
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We have been going through a unique time when the small cap players outperform the large caps. You can own large caps with the likelihood of upside fairly large. At $50 oil, they are trading at a 16% free cashflow yield and 23% at $60. (Analysts’ price target is $33.77)
Eric Nuttall
Price
$31.960
Owned
Yes
COMMENT
COMMENT
November 20, 2020

CNQ would be better for dividend sustainability. They have less maintenance requirements on their properties, a better run company. There is better inside ownership. He owns both. At $60 oil, CNQ will have 18% free cashflow yield. Suncor has less leverage due to refining exposure.

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CNQ would be better for dividend sustainability. They have less maintenance requirements on their properties, a better run company. There is better inside ownership. He owns both. At $60 oil, CNQ will have 18% free cashflow yield. Suncor has less leverage due to refining exposure.

Eric Nuttall
Price
$27.930
Owned
Yes
BUY
BUY
November 4, 2020
One of only two global oil managers not to cut dividends, and so the yield is up. One of the best managed companies anywhere in any industry. Death of oil is greatly exaggerated. Will continue to be a lower cost producer. Likes it for the long term. Reasonable dividend will continue. Yield is almost 8%.
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One of only two global oil managers not to cut dividends, and so the yield is up. One of the best managed companies anywhere in any industry. Death of oil is greatly exaggerated. Will continue to be a lower cost producer. Likes it for the long term. Reasonable dividend will continue. Yield is almost 8%.
Ryan Bushell
Price
$21.950
Owned
Unknown
PARTIAL BUY
PARTIAL BUY
October 16, 2020

The Painted Pony transaction is immaterial in the grand scheme of things for CNQ. CNQ is a well-run company. It could probably double from here with their cashflow break even being at $27 for maintenance cap-ex. A very well-run and cheap large cap. He just prefers small cap.

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The Painted Pony transaction is immaterial in the grand scheme of things for CNQ. CNQ is a well-run company. It could probably double from here with their cashflow break even being at $27 for maintenance cap-ex. A very well-run and cheap large cap. He just prefers small cap.

Eric Nuttall
Price
$23.710
Owned
No
DON'T BUY
DON'T BUY
October 5, 2020

It does not have downstream operations, but is trading at the same valuation as SU-T. He would give it a pass. There was a sell signal three weeks ago. Wait for a positive transit.

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It does not have downstream operations, but is trading at the same valuation as SU-T. He would give it a pass. There was a sell signal three weeks ago. Wait for a positive transit.

PAST TOP PICK
PAST TOP PICK
September 25, 2020
(A Top Pick Sep 19/19, Down 34%) The future for crude oil and natural gas is reasonably bright. We must replace coal and help supplement renewables. The company and management team has been outstanding and the dividend has been stable.
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(A Top Pick Sep 19/19, Down 34%) The future for crude oil and natural gas is reasonably bright. We must replace coal and help supplement renewables. The company and management team has been outstanding and the dividend has been stable.
Ryan Bushell
Price
$22.020
Owned
Yes
PAST TOP PICK
PAST TOP PICK
September 10, 2020
(A Top Pick Sep 04/19, Down 17%) Sold it. He didn't foresee the pandemic or the OPEC-Russia price war of April. They make crude in western Canada and crude prices have been killed.
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(A Top Pick Sep 04/19, Down 17%) Sold it. He didn't foresee the pandemic or the OPEC-Russia price war of April. They make crude in western Canada and crude prices have been killed.
Brian Madden
Price
$24.250
Owned
No
BUY
BUY
September 8, 2020

Suncor vs. CNQ Both great Canadian energy stocks. He has owned Suncor and currently owns CNQ as his only energy stock. CNQ maintained its dividend throughout the lockdown, while he believes Suncor lowered theirs to protect their balance sheet. He likes CNQ in energy---you still get a nice yield. Suncor and CNQ will do well long term. Suncor will do well if the energy space improves. He owns 3.5-4% energy on the low side, but you don't want to own too much or too little energy. About two years ago, SU's refining assets were doing really well and got a premium valuations, so maybe that's why the stock has unwound recently.

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Suncor vs. CNQ Both great Canadian energy stocks. He has owned Suncor and currently owns CNQ as his only energy stock. CNQ maintained its dividend throughout the lockdown, while he believes Suncor lowered theirs to protect their balance sheet. He likes CNQ in energy---you still get a nice yield. Suncor and CNQ will do well long term. Suncor will do well if the energy space improves. He owns 3.5-4% energy on the low side, but you don't want to own too much or too little energy. About two years ago, SU's refining assets were doing really well and got a premium valuations, so maybe that's why the stock has unwound recently.

Bryden Teich
Price
$25.710
Owned
Yes
WAIT
WAIT
August 18, 2020

Suncor and CNQ SU cut their dividend. It is a bellwether energy stock. Refining margins are tough which hurts SU. He owns CNQ instead; it didn't cut its dividend. SU stock is okay now with oil prices in the low-$40s, but could weaked in the fall. He's not adding his energy exposure. The bigger picture is: how much oil do you want in your portfolio. He owns CNQ and recommends that in the mid-$20s. Oil offers decent risk/reward given base demand, but wait till the fall to see if demand declines due to a COVID uptick. Oil depends on whether shale oil receives capital support and shale decline has been the game-changer in the last few months. Overall, SU is fine, but if you're switching into CNQ, now's the time to do it.

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Suncor and CNQ SU cut their dividend. It is a bellwether energy stock. Refining margins are tough which hurts SU. He owns CNQ instead; it didn't cut its dividend. SU stock is okay now with oil prices in the low-$40s, but could weaked in the fall. He's not adding his energy exposure. The bigger picture is: how much oil do you want in your portfolio. He owns CNQ and recommends that in the mid-$20s. Oil offers decent risk/reward given base demand, but wait till the fall to see if demand declines due to a COVID uptick. Oil depends on whether shale oil receives capital support and shale decline has been the game-changer in the last few months. Overall, SU is fine, but if you're switching into CNQ, now's the time to do it.

Ryan Bushell
Price
$26.770
Owned
Unknown
COMMENT
COMMENT
August 11, 2020

She owns no oil names and won't re-enter it. But CNQ would be one of the top names if she does return to oil. They just bought Painted Pony, so they can afford to buy assets at cyclical lows like now. They expand opportunistically.

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She owns no oil names and won't re-enter it. But CNQ would be one of the top names if she does return to oil. They just bought Painted Pony, so they can afford to buy assets at cyclical lows like now. They expand opportunistically.

WEAK BUY
WEAK BUY
August 6, 2020
There was a fear that Q2 results were going to be bad. In his opinion, Q2 is irrelevant. Outlook for next year is positive. He thinks there are better opportunities but it is a good name too.
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There was a fear that Q2 results were going to be bad. In his opinion, Q2 is irrelevant. Outlook for next year is positive. He thinks there are better opportunities but it is a good name too.
Eric Nuttall
Price
$25.030
Owned
No
Showing 1 to 15 of 1,381 entries

Canadian Natural Rsrcs(CNQ-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 11

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 6

Total Signals / Votes : 17

Stockchase rating for Canadian Natural Rsrcs is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Canadian Natural Rsrcs(CNQ-T) Frequently Asked Questions

What is Canadian Natural Rsrcs stock symbol?

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

Is Canadian Natural Rsrcs a buy or a sell?

In the last year, 17 stock analysts published opinions about CNQ-T. 11 analysts recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Canadian Natural Rsrcs.

Is Canadian Natural Rsrcs a good investment or a top pick?

Canadian Natural Rsrcs was recommended as a Top Pick by Ryan Bushell on 2021-03-23. Read the latest stock experts ratings for Canadian Natural Rsrcs.

Why is Canadian Natural Rsrcs stock dropping?

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.

Is Canadian Natural Rsrcs worth watching?

17 stock analysts on Stockchase covered Canadian Natural Rsrcs In the last year. It is a trending stock that is worth watching.

What is Canadian Natural Rsrcs stock price?

On 2021-04-16, Canadian Natural Rsrcs (CNQ-T) stock closed at a price of $38.54.