Buy, Sell or Hold: Canadian Natural Rsrcs (CNQ-T) — Stock Predictions at Stockchase

TSE:CNQ

70.15

1.68 (2.34%) 1d

Showing 1 to 15 of 1,412 entries

PAST TOP PICK

(A Top Pick Aug 30/21, Up 69%) Very well managed, offering broad exposure to Canadian oil. Energy has been under-invested since 2015. Earnings should be $11 EPS. This stock can be well over $100. They paid down their debt, so they could buyback shares. Will raise their dividends. This will continue to do well if oil prices remain high.

oil / gas

HOLD

Go-to name when global investors want more exposure to oil. Strong balance sheet. High quality. 6x earnings, huge cashflow this year. Could correct back to mid-low $60s, a good entry point. Yield is 4%.

oil / gas

COMMENT

Stock split? He wouldn't know the odds. They've done them in the past. It's usually done by the high-share-price companies to broaden their investor base. CNQ is not at a crazy high price, but never say never. Splits don't change the fundamentals.

oil / gas

COMMENT

Rather than a company doing both fossil and green energy, better to find a pure play energy, or a pure play renewable. For energy, look at EOG or CNQ. Try BEP.UN for renewables.

oil / gas

BUY

Very well managed company, but valuation is higher than other opportunities. Currently expecting a 7x multiple on the stock price (65% upside). Thinks there are more opportunities with higher appreciation opportunities.

oil / gas

STRONG BUY

It's one of his biggest energy holdings. He started buying this last October and he continues to buy it. No one can predict the outcome of the Russia-Ukraine war. Has 11% free cash flow and pays a 3.8% dividend yield. A great hedge in this market.

oil / gas

BUY

Oil and gas are really good businesses. Cashflow used to pay down debt, increase dividends, and buy back shares. Though oil is volatile, price will stay elevated, producing tons of free cash. Energy security will become more important going forward, making Canadian oil more valuable.

oil / gas

TOP PICK

It is a great asset and very well managed. The near term price and crude prices will continue regardless of the Ukraine/Russian conflict. The balance sheet is solid and it is able to make acquisitions. It is shareholder friendly with buybacks and dividend increases. Long life asset with low decline rate. A blue chip stock. Buy 17, Hold 7, Sell 0.

oil / gas

BUY

Trading at 19% free cash flow yield. Excellent management team led by Murray Edwards. Not as much value for shareholders compared to other Canadian energy companies.

oil / gas

BUY

Raised dividend 22 years in a row, having its day in the sun. Great CEO and is the safest play in the oil patch. If oil prices stay here, could go higher.

oil / gas

BUY

Oil supply down with little capital investment the past 10 years. Creating good environment for energy prices. Largest energy company in Canada. Very disciplined capital management. Share price higher than it was in 2008. Would recommend buying.

oil / gas

BUY on WEAKNESS

Commodities in general have been on fire. Oil is riding high. Be patient and wait for a pullback. Keep your eye on it.

oil / gas

HOLD

He loaded up on it at its lows. A great company, good addition to your Canadian portfolio. You want access to the commodity in an inflationary environment. Not terribly expensive. If you own it, sit on it, as energy looks tight for the next number of years.

oil / gas

BUY

There will be volatility, but energy is underowned. Great.

oil / gas

BUY on WEAKNESS

Company has excellent management team (Murray Edwards). Believes company is very well run. 50% upside remains for stock at $80 oil. Not as undervalued as other energy stocks, but excellent company.

oil / gas

Showing 1 to 15 of 1,412 entries

Canadian Natural Rsrcs(CNQ-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 17

Neutral - Hold Signals / Votes : 6

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 23

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, 23 stock analysts published opinions about CNQ-T. 17 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

23 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 2022-06-29, Canadian Natural Rsrcs (CNQ-T) stock closed at a price of $70.15.

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