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Canadian Natural Rsrcs

CNQ-T

TSE:CNQ

42.51
1.33 (3.03%)
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
Chart
BUY
BUY
September 13, 2021
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.
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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.
Andrew Pyle
Price
$43.800
Owned
Unknown
HOLD
HOLD
September 8, 2021
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.
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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.
Bryden Teich
Price
$42.850
Owned
Yes
TOP PICK
TOP PICK
August 30, 2021
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)
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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)
Bruce Murray
Price
$42.080
Owned
Yes
TOP PICK
TOP PICK
July 20, 2021
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)
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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)
Michael Sprung
Price
$39.760
Owned
Yes
PARTIAL BUY
PARTIAL BUY
July 9, 2021
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.
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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.
Andrew Pyle
Price
$44.410
Owned
No
HOLD
HOLD
June 17, 2021

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.

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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.

Paul Harris, CFA
Price
$43.200
Owned
Yes
TOP PICK
TOP PICK
May 10, 2021
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)
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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)
Ryan Bushell
Price
$41.520
Owned
Yes
BUY
BUY
April 21, 2021

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

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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

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
Showing 1 to 15 of 1,389 entries

Canadian Natural Rsrcs(CNQ-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 10

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 14

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, 14 stock analysts published opinions about CNQ-T. 10 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. 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 Andrew Pyle on 2021-09-13. 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?

14 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 2021-09-17, Canadian Natural Rsrcs (CNQ-T) stock closed at a price of $42.51.