Very strong management team with Murray Edwards.
Trading at premium.
Excellent dividend yield that is very strong.
Great energy company for the long term shareholder.
Low risk investment.
It has very strong management which knows how to guide the company over the long term. It has made acquisitions in distressed companies in its sector. The dividend of 5.2% is very safe regardless of oil prices. Has a great balance sheet with amazing free cash flow and has raised dividends for 23 years in a row. It will use extra free cash flow for specific dividends and share buybacks. Has over 30 years of reserves. Buy 15 Hold 8 Sell 0
(Analysts’ price target is $91.08)Still owns shares in company.
Continues to see upside in the company.
Energy prices will remain strong.
Target price of $92 per share.
Two decades of increased dividend payments.
Healthy yield of ~4.5%.
Best in energy sector.
These big companies have been treated poorly by the Canadian government and are disparaged by parts of the world. They've all paid down debt, bought back shares, increased dividends, and kept capex low. Oil prices will probably remain high over the longer term, and these companies will benefit.
The price reacts quickly to commodity prices. It has long life assets and is reducing debt and is very interesting as a dividend growth stock. The oil sector has corrected over the past few months.
Likes it very much, a huge oil producer with some natural gas production. Pays a 4.5% dividend--it's a cash cow. Also bought back $5.6 billion of shares in the past 12 months and aren't adding debt to do it. In fact, debt levels are strong. Executives own a lot of shares. Can buy at current prices though it's showing lower highs and lower lows recently, but he expects prices to climb
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, 25 stock analysts published opinions about CNQ-T. 20 analysts recommended to BUY the stock. 1 analyst 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.
25 stock analysts on Stockchase covered Canadian Natural Rsrcs In the last year. It is a trending stock that is worth watching.
On 2023-03-31, Canadian Natural Rsrcs (CNQ-T) stock closed at a price of $74.79.
Very good company that owns shares in.
Excellent management team.
Shares have out performed S & P 500 in 2022.
Good for long term investors.
Demand will continue to rise for energy.
~4% dividend yield that has never been cut (even in Covid-19).