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

TSE:CNQ

63.94

2.11 (3.19%) 1d

Showing 1 to 15 of 1,395 entries

TOP PICK

A major with great price momentum and still cheap valuation. Like many of the energy companies, it is trading at 6x EBITDA. 13x earnings. Hitting a number of metrics. Their latest deal is accretive for them immediately. A safer way to play a continuation in the energy bull market. Relatively early days he thinks. (Analysts’ price target is $63.02)

oil / gas

BUY

Trading at 4.6x and 18% free cashflow yield. Even with it being up so much, could get a good dividend though they are deleveraging more. 10% free cashflow yield as a target. 33% upside at $70 and 65% upside at $80.

oil / gas

BUY on WEAKNESS

CVE-T vs. CNQ-T. CNQ-T has not outperformed over ten years but he would be weighted more towards it for the short term at this point, buying on weakness. The dividend return is important to a lot of investors.

oil / gas

HOLD

These days, you want to own the larger cap players. They all plan to cut back spending, reduce debt, increase dividend, buy back shares. Won't be massive increases in exploration and production. Oil is not going away.

oil / gas

BUY

Likes CNQ a bit better than SU. But both will throw off a nice bit of cash, for a nice rising dividend which will be valuable if we're in an environment where rates slowly go higher.

oil / gas

BUY

Trading below peers at 4.4x. Balance sheet has turned around remarkably. Has some production growth, and good cashflow per share growth. Good dividend that pays while you wait. Magic here is oil prices. If oil prices are benign, investors will get more comfortable with the name.

oil / gas

BUY

CNQ vs. Suncor The energy sector looks good. Today's news says that we could see oil prices topping $100 in 2022, but he thinks $80 is a more realistic target. Growing demand for oil should continue into 2022. CNQ could crack the summer's resistance level. Stick with the large-cap oil names. CNQ vs. Suncor? Own both. Anything could happen to smaller-cap names in the face of a fourth wave of Covid. Long-term, though, oil names will be less and less attractive.

oil / gas

HOLD

Balance sheet in good shape. Oil at these levels means incredible levels of free cashflow. Trading at historically low multiples. Economy is slowing, so he reduced his position in the summer to about 2%. He tries to ignore OPEC news, but would be fine with the name for the next few months.

oil / gas

TOP PICK

It has been the most successful large oil company in his career. It has developed a diverse asset base. It has managed the down-turns of the industry extremely well emerging stronger every cycle. Demand for oil will recover with airline travel. (Analysts’ price target is $55.36)

oil / gas

TOP PICK

One of Canada's leading senior oil produces with low-long assets. Free cash flow growth will rise sharply in coming years. Expect more dividends or share buybacks. They're more flexible than peers. (Analysts’ price target is $54.41)

oil / gas

PARTIAL BUY

If you believe in the oil story, it could be a good play. Oil will remain elevated in the recovery story. Fundamentals are favourable. If you own it, you are not at risk of seeing a significant pullback.

oil / gas

HOLD

Management always good at executing. Balance sheet allows them to make favourable acquisitions. He owns this instead of SU, because you only need to own one of the big oil companies in Canada.

oil / gas

TOP PICK

They have massive free cash flow. They have a long history of dividend increases. It is still cheap relative to where commodity prices could go. You want to average into it. (Analysts’ price target is $47.63)

oil / gas

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Looks fine. Compared to peers in the sector, it has not cut its dividends in downturn. Raised dividends in March. It is good for sector exposure and is looking very cheap at 10x earnings. Unlock Premium - Try 5i Free

oil / gas

PAST TOP PICK

(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.

oil / gas

Showing 1 to 15 of 1,395 entries

Canadian Natural Rsrcs(CNQ-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 9

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 13

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, 13 stock analysts published opinions about CNQ-T. 9 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.

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?

13 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 2022-01-21, Canadian Natural Rsrcs (CNQ-T) stock closed at a price of $63.94.

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