Canadian Natural Rsrcs

CNQ-T

TSE:CNQ

41.41
0.02 (0.05%)
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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Analysis and Opinions about CNQ-T

Signal
Opinion
Expert
HOLD
HOLD
April 15, 2019
There were some short term indicators for selling that came on, so he is looking for a pause here. There is no resistance until $44.
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There were some short term indicators for selling that came on, so he is looking for a pause here. There is no resistance until $44.
WEAK BUY
WEAK BUY
April 11, 2019
CNQ vs. Suncor Owns and prefers Suncor because of its downstream integration. CNQ though looks interesting now as it flirts with its 200-day moving average. Valuation is low at P/B and pays a 3.9% yield, which is high in this sector. The stock is discounted for CNQ. The major risk is that it's a pure play on WCS. Otherwise, a great company.
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CNQ vs. Suncor Owns and prefers Suncor because of its downstream integration. CNQ though looks interesting now as it flirts with its 200-day moving average. Valuation is low at P/B and pays a 3.9% yield, which is high in this sector. The stock is discounted for CNQ. The major risk is that it's a pure play on WCS. Otherwise, a great company.
BUY
BUY
April 9, 2019
The best Canadian oil company and they have integrated purchases well. He's long owned this. The problem is that Canadian oil stocks have lagged the oil price, but CNQ will still benefit from this rising price.
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The best Canadian oil company and they have integrated purchases well. He's long owned this. The problem is that Canadian oil stocks have lagged the oil price, but CNQ will still benefit from this rising price.
BUY
BUY
March 25, 2019
This and Suncor are his top picks in this space. They have upstream, midstream and downstream to create revenue, which distinguishes them from a lot of oil producers. CNQ pays a bit of a dividend and is well-capitalized. Well-run
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This and Suncor are his top picks in this space. They have upstream, midstream and downstream to create revenue, which distinguishes them from a lot of oil producers. CNQ pays a bit of a dividend and is well-capitalized. Well-run
PAST TOP PICK
PAST TOP PICK
March 18, 2019
(A Top Pick May 18/18, Down 21%) There are concerns about restriction in western Canada about how much you can ship. There is seasonality to Nat Gas stocks and so there should be a pick-up in CNQ-T because of that. He sold last October.
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(A Top Pick May 18/18, Down 21%) There are concerns about restriction in western Canada about how much you can ship. There is seasonality to Nat Gas stocks and so there should be a pick-up in CNQ-T because of that. He sold last October.
COMMENT
COMMENT
March 18, 2019
They just raised their dividend by 12%. They beat cash flow per share and production. They are buying back shares agressively. Pays a safe dividend at 69% payout. He sees 2% production growth. Okay balance sheet. The only thing to not like is oil itself. Not enough railroads in Canada. Norway has announced it is selling its oil stocks (many no Canadian stocks are on their list). So, how big a position do you want in oil? Do you want to own oil forever anymore?
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They just raised their dividend by 12%. They beat cash flow per share and production. They are buying back shares agressively. Pays a safe dividend at 69% payout. He sees 2% production growth. Okay balance sheet. The only thing to not like is oil itself. Not enough railroads in Canada. Norway has announced it is selling its oil stocks (many no Canadian stocks are on their list). So, how big a position do you want in oil? Do you want to own oil forever anymore?
WEAK BUY
WEAK BUY
March 6, 2019
Owned it for a long time until he exited oil two years ago. This is a bet on the oil complex working, which he expects to eventually in 2020. It's a high-quality company with a safe dividend.
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Owned it for a long time until he exited oil two years ago. This is a bet on the oil complex working, which he expects to eventually in 2020. It's a high-quality company with a safe dividend.
PAST TOP PICK
PAST TOP PICK
February 27, 2019
(A Top Pick Mar 12/18, Up 1%) They have great free cash flow and it remains a Top Pick for him.
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(A Top Pick Mar 12/18, Up 1%) They have great free cash flow and it remains a Top Pick for him.
TOP PICK
TOP PICK
February 27, 2019
Their capex spending is largely behind them now and they should become a cash flow producing machine. Analysts are saying the decline rates in new US Permian production exceed 30% per annum, making CNQ long life reserves (of 50 years) more valuable. He expects another dividend increase next week. He hopes they don't step out to buy the Devon Jackfish assets. Yield 3.54% (Analysts’ price target is $45.03)
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Their capex spending is largely behind them now and they should become a cash flow producing machine. Analysts are saying the decline rates in new US Permian production exceed 30% per annum, making CNQ long life reserves (of 50 years) more valuable. He expects another dividend increase next week. He hopes they don't step out to buy the Devon Jackfish assets. Yield 3.54% (Analysts’ price target is $45.03)
DON'T BUY
DON'T BUY
February 11, 2019
It is the best of the Canadian oil stocks in terms of safety and size. They have got into upgrading and refining of oil in the last few years. This is a great way to play energy but he is not enamored with the industry right now. (Analysts’ price target is $45.00)
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It is the best of the Canadian oil stocks in terms of safety and size. They have got into upgrading and refining of oil in the last few years. This is a great way to play energy but he is not enamored with the industry right now. (Analysts’ price target is $45.00)
BUY
BUY
February 4, 2019
He just bought last week. He really likes this name. Seasonality is just kicking in now. He wants to see these energy names really start to accelerate. It is a seasonal trade. It will run into resistance at $40 at the end of the spring. (Analysts’ price target is $45.00)
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He just bought last week. He really likes this name. Seasonality is just kicking in now. He wants to see these energy names really start to accelerate. It is a seasonal trade. It will run into resistance at $40 at the end of the spring. (Analysts’ price target is $45.00)
PAST TOP PICK
PAST TOP PICK
January 30, 2019
(A Top Pick Mar 26/18, Down 4%) A lean and mean operation. He believes in it. It comes down to oil prices, which have fallen. But he expects oil to rise in the next 12-18 months and CNQ will benefit.
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(A Top Pick Mar 26/18, Down 4%) A lean and mean operation. He believes in it. It comes down to oil prices, which have fallen. But he expects oil to rise in the next 12-18 months and CNQ will benefit.
BUY WEAKNESS
BUY WEAKNESS
January 24, 2019
It got down t $30. If it goes back down below $32 he would get it.
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It got down t $30. If it goes back down below $32 he would get it.
DON'T BUY
DON'T BUY
January 22, 2019
Oil was down today, and so did CNQ. They won't run out of their product, oil, but they're at the mercy of the price of oil which they can't control. He owns zero Canadian energy.
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Oil was down today, and so did CNQ. They won't run out of their product, oil, but they're at the mercy of the price of oil which they can't control. He owns zero Canadian energy.
WEAK BUY
WEAK BUY
January 21, 2019
FTS-T vs. CNQ-T. FTS-T is a yielding situation with a big a growth. CNQ-T is one of the best oil and gas companies in Western Canada. They are both viable.
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FTS-T vs. CNQ-T. FTS-T is a yielding situation with a big a growth. CNQ-T is one of the best oil and gas companies in Western Canada. They are both viable.
Showing 46 to 60 of 1,343 entries