Canadian Natural Rsrcs
CNQ-T
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About Canadian Natural Rsrcs (CNQ-T)
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.
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BUY WEAKNESS
BUY WEAKNESS
September 16, 2019
It is always a buy close to book value. In the low $30s it makes sense. They are buying back their stock aggressively. This will be an astute investment if we get back to $70-$100 oil. The stock has upside. They are generating a lot of free cash flow.
It is always a buy close to book value. In the low $30s it makes sense. They are buying back their stock aggressively. This will be an astute investment if we get back to $70-$100 oil. The stock has upside. They are generating a lot of free cash flow.
oil/gas
TOP PICK
TOP PICK
September 13, 2019
If oil prices live in this range and the differentials get fixed overtime, this company generates so much cash flow it holds no debt in 4 years time very conservatively, he thinks. Yield 4.45% (Analysts’ price target is $45.32)
If oil prices live in this range and the differentials get fixed overtime, this company generates so much cash flow it holds no debt in 4 years time very conservatively, he thinks. Yield 4.45% (Analysts’ price target is $45.32)
oil/gas
COMMENT
COMMENT
September 12, 2019
Doesn't own any energy right now, but if she had to pick one, this is a good choice. Diversified, strong balance sheet, and has been increasing dividend all along. Dividend is safe. A good long-term, conservative play. Yield is over 4%.
Doesn't own any energy right now, but if she had to pick one, this is a good choice. Diversified, strong balance sheet, and has been increasing dividend all along. Dividend is safe. A good long-term, conservative play. Yield is over 4%.
oil/gas
PAST TOP PICK
PAST TOP PICK
September 9, 2019
(A Top Pick Aug 22/18, Down 27%) Even the heavy weights have reflected the environment they are in. It is still solidly producing positive cash flow.
(A Top Pick Aug 22/18, Down 27%) Even the heavy weights have reflected the environment they are in. It is still solidly producing positive cash flow.
oil/gas
TOP PICK
TOP PICK
September 4, 2019
Canada's biggest oil producer. A contrarian pick given the brutal oil climate now. Pays 4.86% yield. It's trading at a discounted valuation now; the gap between the valuation and the oil in the ground is historically wide (too wide). Good growth. (Analysts’ price target is $45.66)
Canada's biggest oil producer. A contrarian pick given the brutal oil climate now. Pays 4.86% yield. It's trading at a discounted valuation now; the gap between the valuation and the oil in the ground is historically wide (too wide). Good growth. (Analysts’ price target is $45.66)
oil/gas
DON'T BUY
DON'T BUY
August 30, 2019
Very well-run, but he doesn't buy large-caps. Whenever CNQ says they have a lot of free cash flow, they buy a company. Instead, they need to aggressively buyback shares and raise their dividend.
Very well-run, but he doesn't buy large-caps. Whenever CNQ says they have a lot of free cash flow, they buy a company. Instead, they need to aggressively buyback shares and raise their dividend.
oil/gas
TOP PICK
TOP PICK
August 7, 2019
A contrarian pick. CNQ is Canada's biggest oil and natural gas producer. They have audited, proven reserve life of 27.7 years (current production rates until the lands are depleted to hydro-carbons). And yet, this trades at 10.2x earnings, which means the market ascribes zero value to the last 17 years of oil. This yields 4.7% which has grown 24% in the last 5 years. (Analysts’ price target is $46.17)
A contrarian pick. CNQ is Canada's biggest oil and natural gas producer. They have audited, proven reserve life of 27.7 years (current production rates until the lands are depleted to hydro-carbons). And yet, this trades at 10.2x earnings, which means the market ascribes zero value to the last 17 years of oil. This yields 4.7% which has grown 24% in the last 5 years. (Analysts’ price target is $46.17)
oil/gas
COMMENT
COMMENT
July 30, 2019
CNQ vs SU? He thinks oil prices will be flat for the next period. There continues to be a flood of oil out the US and there is growth globally as well. In Canada, we are anti-trade outside of Canada. CNQ-T has been the best managed company in the space since 1990. SU-T is also a safe pick as well. Not a real reason to own them as he is not bullish on oil. (Analysts’ price target is $46.33)
CNQ vs SU? He thinks oil prices will be flat for the next period. There continues to be a flood of oil out the US and there is growth globally as well. In Canada, we are anti-trade outside of Canada. CNQ-T has been the best managed company in the space since 1990. SU-T is also a safe pick as well. Not a real reason to own them as he is not bullish on oil. (Analysts’ price target is $46.33)
oil/gas
HOLD
HOLD
July 24, 2019
oil/gas
HOLD
HOLD
July 24, 2019
One of the most widely held stocks in the energy space. Well managed and great assets. They have purchased many distressed assets at good value. It may not have the torque to the upside like others, but a solid core holding.
One of the most widely held stocks in the energy space. Well managed and great assets. They have purchased many distressed assets at good value. It may not have the torque to the upside like others, but a solid core holding.
oil/gas
DON'T BUY
DON'T BUY
July 19, 2019
or Suncor Neither. CNQ is a great company and doing good things on the ESG front and advocating for the oil industry. This and Suncor are the two biggest oil names in Canada. CNQ keeps promising free cash flow, but keeps deferring that flow. He'd rather buy Cenovus which is poised to receive large-cap investment inflows.
or Suncor Neither. CNQ is a great company and doing good things on the ESG front and advocating for the oil industry. This and Suncor are the two biggest oil names in Canada. CNQ keeps promising free cash flow, but keeps deferring that flow. He'd rather buy Cenovus which is poised to receive large-cap investment inflows.
oil/gas
BUY WEAKNESS
BUY WEAKNESS
June 20, 2019
It is one of the two main trophies. It has gone sideways since 2008. It goes up 50% and down 50%. This is a very volatile sector. You have to take advantage of the lulls when the stock is cheap.
It is one of the two main trophies. It has gone sideways since 2008. It goes up 50% and down 50%. This is a very volatile sector. You have to take advantage of the lulls when the stock is cheap.
oil/gas
DON'T BUY
DON'T BUY
June 20, 2019
Do you have a view of oil in general? Oil looks pretty oversold. He is not convinced to jump into oil in general. This company in particular needs oil to move higher to move up. (Analysts’ price target is $47.71)
Do you have a view of oil in general? Oil looks pretty oversold. He is not convinced to jump into oil in general. This company in particular needs oil to move higher to move up. (Analysts’ price target is $47.71)
oil/gas
BUY
BUY
May 29, 2019
Latest acquisition? They are buying the Devon oilsands assets. Maybe it is time to come back into the Canadian oil patch. It trades about 4 times cash flow. At this price and a good yield, it is time to start nibbling here. (Analysts’ price target is $47.00)
Latest acquisition? They are buying the Devon oilsands assets. Maybe it is time to come back into the Canadian oil patch. It trades about 4 times cash flow. At this price and a good yield, it is time to start nibbling here. (Analysts’ price target is $47.00)
oil/gas
COMMENT
COMMENT
May 24, 2019
CNQ vs SU Both have excellent management teams and are generating free cash flow. Both pay dividends. CNQ-T does not have refining assets. Both are the go to names for investors out of Canada. On a value basis, neither are great value right now. There are more exciting names to own.
CNQ vs SU Both have excellent management teams and are generating free cash flow. Both pay dividends. CNQ-T does not have refining assets. Both are the go to names for investors out of Canada. On a value basis, neither are great value right now. There are more exciting names to own.
oil/gas
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